Scammers | ForkLog

ForkLog 240 09.09.2025

US Treasury Sanctions Crypto Fraudsters in Myanmar and Cambodia

OFAC has imposed sanctions on nine entities in Myanmar and ten in Cambodia. They are involved in orchestrating fraudulent schemes using cryptocurrencies.

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ForkLog 244 01.09.2025

Cred Executives Sentenced for $1 Billion Fraud

A judge sentenced Cred's top executives to prison: CEO Daniel Schatt to four years, CFO Joseph Podulka to three.

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ForkLog 233 31.08.2025

Binance Aids in Freezing $47 Million in Fraudulent Assets

Law enforcement agencies in the Asia-Pacific region have frozen nearly $50 million in illicit funds with the assistance of Binance, Chainalysis, and other crypto industry participants.

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ForkLog 375 29.08.2025

ZachXBT Labels Ripple, Cardano, and Hedera as ‘Insider Enrichment Schemes’

The operational model of Ripple, Cardano, and Hedera resembles financial pyramids, according to on-chain investigator ZachXBT.

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ForkLog 213 29.08.2025

When ‘clean’ is not enough

When exchanges freeze wallets that never received “dirty” funds—and how to reduce the risk.

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ForkLog 313 28.08.2025

Solana Traders Plummet by 80% Amid Rising Rug Pulls

The number of traders on DEX within the Solana network is steadily declining. Analysts attribute this to the increasing instances of fraud in the meme coin segment.

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ForkLog 252 28.08.2025

Sudden Surge in XPL Premarket Price Leads to $17 Million in Liquidations

Hyperliquid announced new protective mechanisms after a sharp premarket price surge of XPL token led to $17 million in liquidations.

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ForkLog 153 27.08.2025

Fake Trader from Odessa Swindles Acquaintances Out of $1 Million

The Odessa police have concluded an investigation involving a local resident who took over 42 million hryvnias under the guise of cryptocurrency investments.

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ForkLog 130 26.08.2025

CertiK Founder Describes Battle with Hackers as ‘Endless’

The cryptocurrency industry is engaged in an "endless war" with hackers who continue to exploit the most vulnerable link—the human factor, stated the founder of CertiK.

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ForkLog 118 26.08.2025

Illegal Crypto Cash-Out Scheme Worth 3 Billion Rubles Halted in Ufa

Police are investigating a group involved in illegal financial operations benefiting crypto exchanges, online casinos, and fraudulent call centers.

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ForkLog 351 22.08.2025

Bitcoin Investor Defrauded of $91 Million

An individual lost 783 BTC (~$91 million) due to a social engineering attack.

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ForkLog 141 08.08.2025

CrediX Team Disappears Following $4.5 Million Hack

Developers of the DeFi protocol CrediX, based on Sonic, have executed an exit scam, according to experts at CertiK. #CertiKInsight 🚨 Following the incident that resulted in a $4.4M loss, the @CrediX_fi team has disappeared. X account is inactive, and the website hasn’t been brought back online since August 4. pic.twitter.com/ymWoupVaZL — CertiK Alert (@CertiKAlert) […]

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