Topic
scams
3 stories
Secret Service Freezes $52.8M in Crypto Linked to Xinbi Telegram Scam Bazaar
Decrypt reports the U.S. Secret Service has frozen roughly $52.8 million in cryptocurrency tied to Xinbi, a Telegram-based marketplace linked to global online scams.
Robinhood Chain posts big week-one numbers — and its first scam-token warnings
Robinhood's crypto GM touted 17M transactions and $250M TVL a week into Robinhood Chain, as Relay Protocol warned of self-deleting scam tokens hitting buyers on the permissionless network.
SEC wins $5.5M default judgment against fake crypto platform NanoBit
A federal judge in Brooklyn entered a $5.5 million default judgment against NanoBit and five co-defendants over a fake crypto trading platform that the SEC says defrauded 18 investors of roughly $1 million.