Scam - Crypto News And Market Updates

Illustration depicting a DeFi liquidity crisis involving Euler Finance and Telos blockchain connections.

A Complete Retrospective on Hong Kong’s Largest Crypto Collapse: Multiple JPEX Members Now on Red Notice

May 28, 2026 Paulo Mendes

Hong Kong’s JPEX scandal becomes its largest crypto fraud case with 80 arrests, 2,700 victims, and Red Notices for masterminds. SFC faces scrutiny as new rules reshape the city’s crypto gateway.

Crypto security illustration showing a shield and warning symbols, representing scam prevention and protection in the crypto space.

Scammers Steal at Least $400K Through Fake Uniswap Google Ads

May 26, 2026 Paulo Mendes

At least $400,000 was lost after scammers impersonated Uniswap through Google Ads, exploiting the gap between user trust and browser safety defaults.

Tokenized gold bars placed on a digital blockchain circuit with a glowing global network background, symbolizing the rise of on-chain real-world assets and tokenized commodities in crypto markets.

Alleged Dream Market Admin’s Crypto-to-Gold Laundering Case Exposes New Regulatory Front

May 17, 2026 Paulo Mendes

The DOJ charged an alleged Dream Market admin with laundering crypto into physical gold bars, exposing the tightening surveillance net and the emerging regulatory collision between digital assets and precious metals.

Illustration showing FTX creditors and recovery scenarios involving airdrops and asset distributions.

SBF’s 2021 Risk Engine Testimony Now Looks Less Like Innovation, More Like a Warning

May 17, 2026 Daniel Moore

SBF’s 2021 congressional testimony painted FTX as a model of transparent risk management. Post-collapse, the gap between that story and reality exposes lessons for crypto market structure.

THORChain Exploit Losses Top $10M as ZachXBT Flags Cross-Chain Liquidity Danger

May 15, 2026 Paulo Mendes

ZachXBT warns that the THORChain exploit has likely pushed losses past $10M, raising fresh concerns about cross-chain liquidity pool risks and DeFi security.

Aave blockchain network visualization with glowing AAVE token coin, interconnected cubes, and DeFi finance concept in futuristic blue-purple cityscape

Judge Clears Path for Aave to Move $71M in ETH Linked to North Korea Hack as Legal Freeze Persists

May 9, 2026 Paulo Mendes

A federal judge has allowed Aave to relocate $71 million in ETH that was frozen after a North Korean exploit, but a legal freeze remains attached, giving terrorism victims a continuing claim over the assets.

Terror Victims Test Legal Theory That Could Redefine Aave Hack Ownership

May 6, 2026 Paulo Mendes

Attorneys for North Korea terror victims argue the Aave hack was fraud, not theft, in a legal maneuver that could upend DeFi liability and how stolen crypto is treated in U.S. courts.

Kelp Points Finger at LayerZero in $292M Bridge Hack, Migrates to Chainlink CCIP

May 5, 2026 Paulo Mendes

Kelp claims LayerZero approved the setup that led to a $292M bridge exploit linked to North Korean hackers. The protocol is now migrating its rsETH off OFT to Chainlink’s CCIP.

Cinematic illustration of Irish authorities and Europol agents analyzing a Bitcoin wallet recovery, with police vehicles, city backdrop, and glowing BTC elements symbolizing the seizure of previously inaccessible cryptocurrency assets.

Irish Authorities Unlock 500 BTC From Clifton Collins’s “Lost Keys” Fortune in Major Seizure Breakthrough

March 25, 2026 Paulo Mendes

Irish authorities and Europol have unlocked and seized 500 BTC from one of Clifton Collins’s long-inaccessible wallets, reopening one of crypto’s most famous lost-keys cases.

FBI and Europol Dismantle SocksEscort Proxy Network Used in Crypto Fraud

March 13, 2026 Paulo Mendes

FBI and Europol dismantled the SocksEscort proxy network used by hackers to steal cryptocurrency and hide cybercrime activity across 163 countries.