Cryptocurrency Scams

Several DeFi projects, including Morpho, have moved away from public Discord servers after rising scams and phishing made the platform hard to secure. Teams are shifting users to controlled support tools like help centres, live chat and ticket systems to improve safety and reliability.

Decentralized finance projects are increasingly distancing themselves from public Discord servers, arguing that the platform has become a security liability rather than a community hub as scams and phishing attacks continue to target users at scale.

Just weeks after leaving office, Eric Adams unveiled a New York–themed memecoin pitched as a social good. On-chain data now suggests a chaotic — and controversial — debut.

Viewership across YouTube and social media has sunk to bear-market lows, reflecting retail exhaustion, scam fatigue and a market increasingly driven by institutions.

The Prince Holding Group founder orchestrated “pig butchering” scams from Cambodia using forced labor. U.S. authorities recovered $11.6 billion in Bitcoin, exposing crypto’s vulnerability to global fraud networks.

Cambodia has arrested Prince Group chair Chen Zhi and deported him to China after months of joint investigations into alleged crypto fraud and forced labour scams. US, UK and Asian authorities have also seized and frozen billions of dollars in Bitcoin and assets linked to his network, tightening pressure on one of the region’s largest alleged scam groups.

A new phishing scam is targeting MetaMask users, tricking them with fake 2FA messages to steal their wallet seed phrases. The attackers use cloned websites and urgent emails to gain full access to users’ wallets.

Ilya Lichtenstein, the hacker behind one of the largest Bitcoin thefts in history, has been released from prison — not through a presidential pardon, but under a criminal justice law signed by Trump during his first term.

South Korean authorities have broken up a Cambodia-based criminal syndicate that defrauded victims of more than $1.93 Billion Korean Won using the narrative of being associates of billionaire Elon Musk and offering interested investors a share of SpaceX.

North Korea has set a new records when it comes to crypto theft in 2025, stealing a total of billions through increasingly sophisticated cyber operations that underscore how deeply digital asset crime has become embedded in the regime’s state strategy.