FBI’s NexFundAI token sting exposed alleged fake crypto volume, market makers, $25M seized, 18 charges, and retail losses from wash trading.

Missouri sued CoinFlip over alleged crypto ATM scams, seeking a state ban, restitution and up to $1.826m in civil penalties.

Crypto users face phishing emails that abuse real Google alerts targeting exchange and DeFi accounts with hidden links and fake login traps.

China, US, and UAE police dismantled 9 Dubai fraud dens and arrested 276 suspects accused of running online crypto romance scams in the UAE.

Myanmar’s military published a draft bill on May 14 proposing life in prison for crypto scam operators. The draft legislation, called the Anti-Online Scam Bill, states that anyone convicted of “digital currency fraud” or running an online scam center faces…