Binance Says AI Defenses Blocked $10.5 Billion in Crypto Fraud Over 15 Months
In brief Crypto scams hit $17 billion in 2025, as AI makes attacks cheaper and more convincing than ever. Binance says 100+ AI models helped...
Tag : fraud
Olympic Sprinter Can't Outrun Charges in UK Crypto Fraud Investigation
In brief British sprinter CJ Ujah was among 10 men charged in a U.K. cryptocurrency fraud investigation. Police allege victims were tricked into sharing wallet...
US court finds Meta AI ads created fraud
A US court has found that Meta’s AI ads tools materially developed fraudulent investment content, stripping Section 230 immunity and exposing the platform to securities...
Kraken’s Etana fraud suit targets CEO Russell
Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Summary Kraken parent Payward filed a second amended complaint in...
World Liberty Financial sues Justin Sun for defamation after his fraud claims go viral
World Liberty Financial, the crypto project co-founded by President Trump and his family, filed a defamation lawsuit against Tron founder Justin Sun on May 4...
South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraud
South Korean prosecutors have requested a 20-year prison sentence for the CEO of crypto deposit service Delio, calling the scale of alleged fraud against thousands...
Kustodia launches smart contract escrow for LATAM's $600m fraud crisis
Mexico’s first peso-denominated blockchain escrow goes live on SPEI for high-value P2P transactions. Mexico City, April 29, 2026 — Kustodia, a programmable escrow platform for...
Woman Gets 71 Months in Prison Over Bitcoin Investment Fraud Targeting Elderly Victims
In brief Sze Man Yu Inos, 30, received a 71-month federal prison sentence for wire fraud targeting elderly women. The scheme involved false claims about...
House Homeland Security Panel Opens Hearing on Crypto Fraud and Digital Extortion by Transnational Criminal Networks
The most urgent crypto scam news on Capitol Hill arrived Tuesday as the House Homeland Security Committee held a joint subcommittee hearing on how transnational...
SEC charges Donald Basile in $16M crypto fraud tied to ‘insured’ token
The US Securities and Exchange Commission has filed a lawsuit against crypto executive Donald Basile, accusing him and two companies he controlled of raising about...