Hong Kong Interbank Clearing Limited has uncovered multiple counterfeit websites that use cash rewards and virtual wallet transactions to steal personal and banking information from users. According to a July 10 notice from Hong Kong Interbank Clearing Limited (HKICL), the…

Coinspect warns Ill Bloom weak randomness flaw put thousands of wallets at risk, with $5M moved from exposed accounts since May 27.

French police have arrested two suspected fraudsters accused of stealing about $1.8 million in cryptoassets from a wealthy couple during a fake villa sale after a year-long investigation. According to French newspaper Var-Matin, French police from the Gassin–Saint-Tropez gendarmerie arrested…

India has opened an investigation after reports alleged that Indian nationals were trafficked into Myanmar and forced to carry out crypto fraud operations inside cyber scam compounds. According to police in the western Indian state of Maharashtra, authorities have registered…

Peter Stokes, 19, was extradited to the U.S. over an alleged $8M crypto ransom plot tied to Scattered Spider, DOJ says after Finnish arrest.

The launch of the Ripple-backed Open USD (OUSD) stablecoin has been overshadowed by a suspected fake issuer account that XRP Ledger validators have warned users not to trust. Validators say the listed OUSD issuer cannot be verified According to XRP…