A huge chunk of all scam revenues being tracked by Chainalysis on the blockchain (43%) were sent to wallets that only became active over the past year — something Chainalysis said suggests a surge of newly created scamming campaigns (Credit: Getty Images) Online scam cycles are getting shorter and more effective, Chainalysis finds As enforcement and attribution have improved, scammers are ditching static infrastructure and drawn-out schemes for shorter campaigns that use disposable assets. Aug 29, 2024 By Derek B. Johnson
This photo taken on May 27, 2023, shows a woman passing a cryptocurrency exchange office in Hong Kong. (Photo by Peter Parks/AFP via Getty Images) California prosecutor Erin West on the massive wealth transfer to Southeast Asia from a crypto scam called ‘pig butchering’ The Santa Clara County deputy district attorney has made it her mission to fight back against these scams and the people executing them. Jul 12, 2023 By CyberScoop Staff
(Photo illustration by Chesnot / Getty Images) Deposits to illicit crypto addresses nearly doubled in 2021, Chainalysis finds Theft of DeFi grew 2,000%, researchers found. Jan 6, 2022 By Tonya Riley
Cameras outside the International Space Station captured a stark and sobering view of Hurricane Florence the morning of Sept. 12 as it churned across the Atlantic in a west-northwesterly direction with winds of 130 miles an hour. Authorities are warning about online scams in the wake of the storm. (NASA) State cybersecurity authorities issue warning over Hurricane Florence scams As Hurricane Florence rips through the East Coast, scammers and hackers will very likely look to exploit the storm for financial gain. Sep 14, 2018 By Sean Lyngaas