Scams
Stay updated on scams in the crypto space including phishing, pump and dump schemes, rug pulls, fake ICOs, airdrop traps, and memecoin fraud. From wallets and DeFi to NFTs and DEXs, learn about the risks and tactics used by scammers.
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2d ago
Japan arrests Hu Shi on June 14 over alleged public-record falsification tied to Prince Group pig-butchering network
Hu Shi, linked to Prince Group’s activities in Japan, was arrested on June 14 on suspicion of falsifying public records. Japanese police have connected him to Prince Group, an organization that ran one of the largest “pig butchering” scam centers in Cambodia. The case centers on allegations that he submitted false paperwork related to an address change.
BTC
BTC-1.39%
2d ago
2d ago
Hong Kong buyer loses HK$1.23 million in 80 payments to fake laptop seller
A Hong Kong buyer lost HK$1.23 million after making 80 transfers over 30 days to a scammer posing as a secondhand laptop seller. Some payments were routed through Bitcoin ATMs, making recovery unlikely because crypto transactions are largely irreversible. Police said the “sunk cost” mindset kept the victim sending new fees, each framed as the final step to unlock delivery.
BTC
BTC-1.39%
2d ago
2d ago
Jaredfromsubway.eth MEV bot operator offers 50% bounty after $7.5 million reverse-honeypot theft on June 22
The operator of Jaredfromsubway.eth, one of Ethereum’s most active automated MEV bots, offered a 50% white-hat bounty on June 22 after an attacker drained more than $7.5 million from the bot’s wallet using an on-chain honeypot. The operator, who uses the on-chain identity ae13, said the bounty would apply if the funds are returned within 48 hours and warned of legal action otherwise. The incident underscores that bots built to profit from ordinary traders can themselves become targets for cybercriminals.
ETH
ETH-1.10%
2d ago
6-21
Ethereum MEV bot Jaredfromsubway.eth loses more than $7.5 million in allowance-drain attack
The Jaredfromsubway MEV bot, linked to roughly 70% of Ethereum sandwich attacks, lost more than $7.5 million in an allowance drain after its automated system authorized attacker-controlled contracts to spend its tokens. The bot, known as Jaredfromsubway.eth, approved a series of transactions that appeared to be part of profitable trading routes.
ETH
ETH-1.10%
6-21
6-21
Ethereum Foundation sets clear-signing standards for wallets to curb phishing
The Ethereum Foundation has proposed “clear signing” standards aimed at replacing blind signing and making wallet approvals easier to understand. The guidelines would present Web3 transactions in human-readable summaries rather than raw hexadecimal data. The goal is to reduce the risk of phishing scams that trick users into authorizing malicious transactions.
BTC
BTC-1.39%
6-21
6-21
Microsoft flags USB-spread “clipper” malware that swaps crypto addresses on Windows
Microsoft warned of malware that spreads via USB flash drives by using Windows shortcut files to infect devices. The so-called “clipper” malware looks for cryptocurrency addresses copied to a user’s clipboard and replaces them with attacker-controlled addresses. The alert came from the Microsoft Defender team, Windows’ built-in security tool.
BTC
BTC-1.39%
6-21
6-20
Rokarolla Android trojan targets 217 banking and crypto apps to steal PINs, patterns and passwords
A newly identified Android banking trojan is targeting 217 banking and cryptocurrency apps and can give attackers extensive control over infected devices. The malware, dubbed Rokarolla, is spread via malicious websites that impersonate popular apps such as TikTok and Google Chrome, according to mobile cybersecurity firm Zimperium. It uses deceptive overlay screens to capture sensitive information from users.
BTC
BTC-1.39%
6-20
6-20
Microsoft flags USB-borne “crypto clipper” malware active since February 2026
Microsoft flagged a USB-spread crypto clipper malware on June 17, 2026, saying the activity has been ongoing since February. The threat monitors the clipboard and swaps wallet addresses when users paste them. It also steals seed phrases.
BTC
BTC-1.39%
6-20
6-20
Federal jury convicts Crypto-Pal promoter over no-risk return claims that cost investors nearly $1M
Federal jurors convicted a former cryptocurrency promoter after prosecutors linked him to investment fraud schemes that cost investors nearly $1 million. The case focused on Crypto-Pal, which was marketed as a cryptocurrency trading business promising guaranteed high returns with no risk. Prosecutors said investors were lured by assurances of risk-free gains that did not materialize.
BTC
BTC-1.39%
6-20
6-20
Microsoft flags new USB-spread malware that swaps crypto wallet addresses to steal Bitcoin and Ethereum
Microsoft has identified a sophisticated “crypto clipper” malware campaign that spreads via USB devices and targets Bitcoin and Ethereum. The malware hijacks a victim’s system clipboard to replace copied wallet addresses with attacker-controlled ones. The company said the campaign has been active since at least February, according to its report.
BTC
BTC-1.39%
6-20