Latest Fraud News and Insights | Yellow.com

Russian authorities have uncovered an alleged $22m cryptocurrency fraud scheme orchestrated by a prominent social media influencer known as "Bitmama". The case has sent shockwaves through Moscow's digital asset community. Valeria Fedyakina, 24, faces serious fraud charges following a year-long inve

US authorities have charged 18 individuals and entities in a sweeping crackdown on cryptocurrency fraud. FBI even created own token in a massive undercover operation. The charges, unsealed in Boston, target leaders of four crypto companies and four crypto financial services firms. Prosecutors alleg

Binance, a major crypto exchange, has prevented $2.4 billion in potential losses from fraud since January. The company announced this on Tuesday. It cited its risk management as key to protecting over 1 million users from scams. The exchange stopped suspected fraud-related funds from leaving the pl

The SEC has slapped NovaTech and its top brass with charges. The allegation? A whopping $650 million crypto fraud. NovaTech's scheme was a doozy. It promised safe investments in crypto and forex markets. Over 200,000 investors worldwide fell for it. The company's leaders, Cynthia and Eddy Petion,

Bug bounty platform Immunefi has revealed shocking data about BNB Chain. Since its launch in September 2020, the blockchain has lost nearly $1.7 billion in crypto assets. Immunefi's research shows hundreds of fraud and security incidents on BNB Chain. The total loss stands at a whopping $1.64 billi