scam

$2.15 million. Vanished. Gone. Poof. That’s the total Mobius Token ($MBU) investors found themselves missing out on on the morning of May 11th. Another day, another DeFi disaster, right? Wrong. This isn’t simply the cost of a poorly coded smart contract or a mastermind hacker. This system is already stacked...

Imagine waking up one day, looking at your crypto wallet and seeing that it’s been completely drained. It’s not a glitch, it’s not a market correction, it is a dark, bottomless, chasmic abyss where your deeply appreciated investments once were. This isn’t some hypothetical crypto dystopia, it’s the harsh reality...

A $330 million cryptocurrency hack, the largest ever at the time, has shaken the crypto world. An advanced social engineering scam caused a U.S. senior citizen to lose their life savings on May 4, 2025. In time, investigators tracked the incident down to this nefarious plot. These fine amounts were...

Arizona residents are facing a growing threat: Bitcoin ATM scams. Unfortunately, these scams have already scampered away with millions of dollars from unsuspecting victims. Read on to learn how they work and how you can protect yourself from them. MetaBlock X is intended to be a resource to help you...

In April 2025, a record breach of $92 million rocked the DeFi space. Investors and fintech platforms alike fought to understand the implications in the wake. This week’s event is a sobering reminder of the major risks that exist in the decentralized finance ecosystem. It highlights a glaring lack of...

$300 million. That's a staggering number. That’s the average Coinbase users have been scammed out of each year due to social engineering scams. Think about that for a second. That’s more than the vast majority of seed stage or even Series A stage startups raise in funding rounds. Criminals are...

We're told crypto is the future. Liberty through decentralized finance, emancipation from legacy financial institutions, entering a golden age of innovation and prosperity. What if that future is being built on a foundation of forced labor, human trafficking, and generational trauma? What if the glitzy, technocratic sheen of crypto concealed...

Cryptocurrency scams in the United States recently skyrocketed, with reported losses amounting to $9.3 billion in 2024. According to the FBI’s Internet Crime Complaint Center (IC3), cryptocurrency scams have exploded by an eye-popping 66% over last year. This shocking trend has an impact across the lifespan, but older Americans are...

Eugene William Austin Jr., 62, of Port Jefferson, New York, was sentenced to 18 years in prison. He led a complex, multi-year scheme that defrauded more than two dozen victims of almost $12 million. Nicky Austin was sentenced today by U.S. District Judge P. Kevin Castel.In September 2024, a federal...

The innovative, fast-paced world of cryptocurrency presents great promise as well as the potential for abuse. Hugh Austin was just sentenced to 18 years of prison for his part in a $12 million dollar crypto Ponzi scheme. His case serves as a grim reminder of the dangers of cryptocurrency and...