8 stories about Scams from across the crypto press, curated and summarized daily. Most recent: Oct 18, 2026.
Binance and Coinbase joined a West Africa operation targeting scams, with private-sector partners flagging $11 million in funds that could be frozen. Officials also reported cryptocurrency seizures, but did not disclose their value.
A fraudster linked to fake online job scams lost $4.8 million in bitcoin in a Ledger hardware-wallet theft, according to Chainalysis. The money reportedly came from a task scam that lured people with paid work before demanding deposits to release their earnings.
The U.S. Secret Service has frozen $52.8 million in cryptocurrency tied to Xinbi, a Telegram-based marketplace accused of facilitating global scams. The Treasury Department has sanctioned the platform, which reportedly processed $24 billion in crypto transactions.
FinCEN has identified $13 billion in crypto scams linked to transnational criminal organizations based in Southeast Asia. The agency warns US residents to be cautious of digital asset fraud.
Scammers are impersonating regulators and licensed crypto exchanges to steal funds from users forced to migrate accounts after the EU's MiCA deadline. The fraud wave highlights the risks of regulatory transitions in the crypto space.
Philippine SEC Commissioner Rogelio Quevedo told Cointelegraph that tokenized assets could give Filipinos more legitimate investment options while helping steer them away from scams.
A Reuters investigation reveals how the Trump family's crypto ventures prioritize personal gain over investor returns, highlighting a pattern of self-dealing and questionable partnerships.
Myanmar’s military government has proposed a new law that could send crypto scammers to prison for life. The Anti-Online Fraud Bill also includes the possibility of the death penalty for severe cases.