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Latest frauds, rug pulls, and exit scams.

Scam Alerts

EminiFX CEO Discovers Ponzi Schemes Are Still Illegal

February 22, 2025

Eddy Alexandre, the CEO of EminiFX, will be spending nine years in prison after pleading guilty to running a $260 million Ponzi scheme. His special AI-powered trading strategy turned out to be nothing more than […]

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Argentina’s President Gets a Crash Course in Meme Coins

February 18, 2025

Argentina’s President Javier Milei is in hot water after shilling the meme coin $LIBRA, which promptly did what meme coins do best—skyrocket and then plummet. The resulting scandal, dubbed “Cryptogate,” has led to calls for […]

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Crypto Scammers Had Their Best Year Yet in 2024

February 12, 2025

According to Chainalysis, crypto scams pulled in a record-breaking $9.9 billion in 2024—and that number could rise to $12.4 billion once all the blockchain sleuths finish crunching the numbers. Much of this is thanks to […]

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Pump.Fun Lives Up to Its Name, Generates $350M in Chaos

January 15, 2025

The meme-coin launchpad Pump.Fun saw an insane $350 million in revenue in its first year. Unfortunately, it also helped countless shady projects rug-pull unsuspecting investors. The UK’s Financial Conduct Authority (FCA) issued warnings, but let’s […]

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