Latest Fraud News and Insights | Yellow

A London courtroom has become the stage for one of the most significant cryptocurrency fraud prosecutions in history as Chinese national Zhimin Qian, who operated under the alias Yadi Zhang and earned the moniker "goddess of wealth," faces sentencing following the seizure of over $6 billion in Bitco

Steam unknowingly distributed cryptocurrency-stealing malware through its gaming platform for more than a month before removing the fraudulent software following public exposure by security researchers. The malicious program, disguised as a game called "Block Blasters," enabled thieves to steal at l

A decentralized finance trader lost $27 million worth of cryptocurrency after falling victim to a phishing attack targeting Venus Protocol users, blockchain security firm PeckShield reported Tuesday. The incident forced the lending platform to temporarily suspend operations while conducting emergenc

In a significant crackdown on illicit activities operating on the dark web, U.S. authorities have taken action against BidenCash, a marketplace facilitating the trade of stolen credit card information and personal data. The operation, which was revealed on June 4, 2025, involved the U.S. Attorney's

In an alarming trend that threatens to undermine public confidence in digital assets, cybercriminals exploiting cryptocurrency platforms stole a record $9.3 billion in 2024, according to the FBI's annual Internet Crime Report. This represents a staggering 66% year-over-year increase in crypto-relate