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63 posts

AVICI Token Plunges 49% After $1.1 Million Crypto Card Exploit Hits Neobank

A $1.1 million hack targeting a neobank's crypto card system sent its AVICI token crashing 49% from a 24-hour peak, a stark reminder of the counterparty and platform risks that traders often overlook.

30 Aug 2026·3.3k views

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Negotiated Deposit Rates: How Scammers Are Exploiting Vietnam's Banking Deposit Race

As Vietnamese banks intensify their competition for customer funds, fraudsters are weaponizing the popularity of above-market negotiated rates to pull victims into elaborate online heists that have already cost one depositor 5 billion VND.

30 Aug 2026·13k views

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'I Have £80,000 in My Account, Here Is My PIN': How One Reader Trapped Bank Impersonation Scammers for Three Hours

A Guardian Money reader turned the tables on a phone fraud ring by feigning confusion and feeding the scammers false details, keeping them engaged for three full hours and inadvertently documenting the entire social-engineering playbook used in modern bank impersonation scams.

30 Aug 2026·12k views

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Las Vegas Entrepreneur Faces Up to 280 Years for $24 Million Crypto Ponzi Scheme

A federal jury convicted Brent Kovar of running a $24 million cryptocurrency Ponzi operation that duped more than 400 investors, exposing him to a statutory maximum of 280 years in prison.

26 Aug 2026·6.7k views

Las Vegas Entrepreneur Convicted in $24 Million AI Crypto Ponzi Scheme

Nevada businessman Brent Kovar was found guilty of swindling more than 400 investors out of roughly $24 million through a fraudulent “AI supercomputer” cryptocurrency operation.

26 Aug 2026·4.5k views

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DefiLlama Postpones Mobile App Launch After Phishing Apps Surface on Apple Store

The founder of the crypto‑analytics platform revealed that Apple removed a counterfeit app after it drained a small wallet, prompting a delay in the launch of DefiLlama’s own mobile application to protect users from fraud.

17 Aug 2026·19k views

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Crypto Regulation Tightens as CLARITY Act Faces Uncertain Future

The CLARITY Act’s chances of passing have dropped sharply, while agencies like the SEC and CFTC look to step in. Meanwhile, AI-driven hacks threaten wallet security.

17 Aug 2026·15k views

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MiCA Enforcement Triggers Surge in Crypto Fraud Across EU

The July 1 activation of the EU’s MiCA rules left thousands of users seeking new platforms, a gap that fraudsters are exploiting with fake migration notices and regulator impersonations.

17 Aug 2026·58k views

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Trump Administration Targets Chinese 'Great Transshipment Scam'

The Trump administration has uncovered a massive transshipment scheme by Chinese exporters, labeling it the 'Great Transshipment Scam' and estimating up to $303 billion in annual tariff evasion.

16 Aug 2026·4.2k views

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Unmasking Copy‑Trading Scams: How Fake Signal Providers Trick Traders

Copy‑trading promises effortless profits, but many signal providers are frauds that fabricate performance data. This guide shows traders how to spot red flags, verify records, and protect their capital.

5 Aug 2026·7.4k views

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Cryptocurrency‑FX Crossovers: Avoiding Hybrid Scams Targeting Traders

Hybrid scams that combine cryptocurrency and forex promises high returns but often conceal fraud. This guide explains how these schemes work, highlights red flags, and offers practical steps to verify legitimacy and protect your capital.

2 Aug 2026·156k views

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How Customer Support Helps Spot Forex Broker Scams

Customer support interactions can expose broker legitimacy or deceit. Learn what to look for and how to test support to protect your trading.

31 Jul 2026·8.8k views