Crypto crime proceeds valued at $40.1 billion in 2024—Chainalysis
The figures are expected to rise much higher and cross the $51 billion threshold as crypto crimes become more sophisticated and professional.
Crypto Scam
Triple-A and Paycorp team up for South Africans to withdraw crypto as cash at ATMs
This feature is only available to South African users of the Paycorp-powered CryptoExpress app.
Crypto crime in 2023 exceeded $24 billion: Chainalysis
The analytics firm found that illicit transactions are carried out more with stablecoins than any other cryptocurrency.
Nigerian crypto scam entity Argo Coin has vanished with its customers’ funds
The crypto scam entity lured investors by falsely claiming to invest their money in Bitcoin mining equipment, promising exorbitant returns.
Fraudulent CAR crypto investment company vanish with customer funds: Reports
Hundreds of Central Africans participated in the scheme, with some depositing their life savings worth millions of CFA francs.
Sophisticated crypto scam run by Chinese nationals busted in Namibia: Reports
The scammers employed young Namibians and trained them to target victims to invest in a non-existent crypto investment platform.
MTI’s liquidators to refund part of victims’ recovered bitcoins
1,281 bitcoins have so far been recovered and will be repaid to victims who submit claims only after the courts have made some clarifications.