Latest Scam News and Insights | Yellow

A federal judge in Los Angeles sentenced Jingliang Su to 46 months in prison for laundering $36.9 million stolen from 174 Americans through fake cryptocurrency trading platforms. The 45-year-old Chinese national also received a $26,867,242 restitution order from U.S. District Judge R. Gary Klausner.

Illicit cryptocurrency flows reached a record $158 billion in 2025 as scammers armed with artificial intelligence tools expanded their operations globally, according to blockchain analytics firm TRM Labs, while the use of large language models in fraud schemes increased fivefold during the year. Wha

Chen Zhi, founder of Cambodia's Prince Holding Group and alleged mastermind behind one of Asia's largest scam operations, was extradited to China on Jan. 7 after U.S. prosecutors announced a record seizure of 127,271 Bitcoin worth approximately $15 billion—prompting Chinese officials to accuse the U

A phishing operation targeting MetaMask users has emerged using fake two-factor authentication alerts to steal wallet recovery phrases. The attack exploits professional branding and nearly identical domain names to deceive users into revealing their seed phrases, according to blockchain security fir

Cryptocurrency phishing losses dropped 83% in 2025, falling to approximately $84 million from nearly $494 million in 2024. The decline in signature phishing incidents masks a troubling shift toward sophisticated attacks targeting high-net-worth individuals. What Happened: Attack Patterns The annual