Scam Alerts

81 posts

Bitget CEO Warns Traders: Full Recovery of $388M Hack Funds Likely Unlikely, Citing Bybit Precedent

Bitget CEO Gracy Chen told Cointelegraph she is "not very optimistic" about reclaiming the $388 million stolen in last week's breach, pointing to the Bybit hack as a cautionary benchmark where only 3.5% of stolen assets were ever frozen.

30 Sept 2026·9.2k views

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Germany's Operation Heracles Shifts Focus to the Telecom Backbone of Trading Scams

German authorities have disabled nearly 14,000 phone numbers linked to cybertrading fraud, signalling a broader push to dismantle the 'Crime-as-a-Service' infrastructure that powers industrial-scale investment scams targeting retail investors.

29 Sept 2026·138k views

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FCA Secures £851K in Confiscation Orders Against Crypto Cold-Call Scammers, but Recovery Remains Uncertain for 65+ Victims

The UK FCA has obtained confiscation orders totalling £851,402 from two convicted fraudsters who ran a fake cryptocurrency investment scheme via cold calls. While the recovery could offset roughly 55% of investors' combined £1.54 million in losses, the regulator cautions that funds have not yet been distributed.

29 Sept 2026·10k views

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Coldcard Hardware Wallet Flaw Exposes 1,830 BTC: What Traders Need to Know

A critical entropy vulnerability in Coldcard hardware wallets put 1,830 BTC at risk of theft. White hat researchers rescued 52.37 BTC, but affected traders are urged to verify whether their funds were among those saved.

23 Sept 2026·26k views

Turkish Authorities Detain Tera Chairman Amid Multi-Billion-Dollar Fund Collapse Scandal

Turkish law enforcement has arrested Tera's chairman Emre Tezmen and four associates in connection with an ongoing probe into collapsed investment funds that erased billions in investor capital.

23 Sept 2026·20k views

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Turkish Traders on Alert: 'Ponzi-Like Scheme' Sparks Widespread Concern on the Bosphorus

A trading scheme in Turkey described by The Financial Times as resembling a Ponzi structure has triggered a wave of alarm among investors and market observers, underscoring persistent risks in the forex and alternative-asset space.

23 Sept 2026·19k views

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Turkish Authorities Detain Senior Finance Executives in Suspected Ponzi-Style Funds Scheme

Turkish law enforcement detained high-profile finance executives on Saturday amid a probe into a scheme described as 'ponzi-like,' underscoring ongoing risks for investors exposed to opaque fund structures.

20 Sept 2026·12k views

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Revolut Confirms No Direct Hacker Contact Amid Competing Ransom Demands Over Customer Data Breach

Revolut has stated it received no direct communication from the parties publicly demanding ransom for stolen customer data, while multiple groups vie to claim responsibility for the breach and Italian authorities broaden their probe.

18 Sept 2026·23k views

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Revolut Data Breach: $3M Ransom Demand Hits Crypto Customers After Government Email Impersonation Scam

Europe's largest fintech firm confirmed a sophisticated impersonation attack that exposed the personal data of roughly 680 cryptocurrency-holding customers, sparking a reported $3 million ransom threat and serious safety concerns among victims.

18 Sept 2026·19k views

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Italy Probes PEC Email Breach Behind Revolut Data Leak: Key Risk Signals for Fintech Users

Italian cybercrime police are investigating how a compromised certified government email was allegedly used to extract Revolut customer data, a case that underscores ongoing vulnerabilities in institutional digital channels.

17 Sept 2026·27k views

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Revolut Hackers Demand $3 Million in Monero, Threaten to Auction 680 Customers' Identity Data

Criminals behind a Revolut data breach are demanding 6,000 XMR within 24 hours and threatening to sell stolen passports, KYC documents, and transaction histories to other criminal groups if the neobank refuses to pay.

17 Sept 2026·24k views

Scam Alerts

Revolut Faces $3 Million Ransom Demand After Customer Data Breach

A criminal group operating as iamnotavillain has given UK fintech Revolut a 24-hour deadline to pay $3 million or risk having stolen customer records sold to other cybercriminals.

17 Sept 2026·20k views