scam-alert
In-depth research, opinions, and analysis of scam-alert trends.
MiCA Cleanup Linked to New Scam Wave Across the European Union
<p>“MiCA cleanup” here refers to the wind-down of transitional arrangements under the EU’s crypto rulebook, the period in which providers must either secure authorization or exit national markets.</p>
French Tax Breach Exposes 678K as Crypto Wrench Attacks Rise
<p>A data breach tied to France’s tax administration reportedly exposed the personal information of nearly 678,000 people, intensifying concerns that identifiable crypto holders could face a rising wave of physical “wrench attacks.</p>
CFTC Charges Florida Man Over $397M Crypto Ponzi Scheme
<p>A Florida man has been charged by the CFTC over an alleged $397 million crypto Ponzi scheme, the latest nine-figure enforcement action tying digital-asset fraud to promises of outsized investor returns.</p>
Texas Crypto Kiosk Scam Losses Hit $56.8M in 2025 Amid Crackdown
<p>The figure specifically covers crypto kiosk fraud, the machines that convert cash into digital assets, rather than the broader universe of crypto scams. Texas ranked among the top states for such losses in 2025, alongside Florida .</p>
Three iPhone Users Sue Apple Over $1.8M Bitcoin Loss in Fake Sparrow Wallet Scam
<p>Three iOS users have sued Apple, alleging they collectively lost $1. 8 million in Bitcoin after downloading what they say was a fake version of Sparrow Wallet on their iPhones, in a case that puts the App Store’s role in policing crypto scams back under scrutiny.</p>
AFX Trade Hackers Converted 12,467 ETH to BTC: On-Chain Data
<p>The conversion was flagged by blockchain tracking account Lookonchain, which monitors attacker-linked wallets and cross-asset movement, in an on-chain report . The figure ties the movement directly to the AFX Trade case rather than to generic market flows.</p>
AFX Cross-Chain Bridge on Arbitrum Hit by Attack, $24.15M USDC Stolen
<p>A reported attack on AFX’s cross-chain bridge on Arbitrum is circulating with a loss figure of about 24. 15 million USDC, but the current evidence package narrows confirmation to the cited X status at https://x.</p>
U.S. Seizes $25M in Crypto Tied to Fraud, Recoveries Top $800M
<p>The combination of a fresh DOJ seizure and a recovery tally above the level cited in the disruption-week notice indicates that asset recovery remains an active part of crypto-fraud enforcement.</p>
Summer.fi Attacker Still Holds $565K in ETH After Fund Moves
<p>The attacker behind the Summer. fi exploit still holds about $565,100 in ETH after moving the bulk of the stolen funds out of the initial address, according to on-chain records tied to the case.</p>
DOJ Seizes $25M in Crypto Tied to Transnational Fraud Network
<p>A seizure is not a conviction. It allows the government to take custody of assets it alleges are connected to crime, a step that typically precedes civil or criminal forfeiture proceedings before ownership is permanently transferred.</p>
DOJ Seizes $25M Crypto From Global Investment Fraud Network
<p>The seizure, announced by the DOJ, targeted funds connected to cryptocurrency confidence scams that federal prosecutors describe as spanning multiple jurisdictions, according to the U. S.</p>
SEC Charges Mining Automatic Over Alleged $22M Crypto Scam
<p>The case centers on a crypto mining investment offering marketed under the Mining Automatic name. Regulators allege the program was operated as a scheme rather than a legitimate mining business.</p>
TeleSwap Cross-Chain Exploit Hits $735K; Disclosure Delayed 5 Days
<p>Cross-chain protocol TeleSwap suffered an exploit of approximately $735,000, and the incident was not publicly disclosed for five days after it occurred, making the delayed transparency as central to the story as the loss itself.</p>