Crypto scams

Latest Crypto scams news, analysis, and market insights. 2 articles on Crypto Watch Desk.

UK Sanctions $20 Billion Crypto Marketplace Xinbi in Landmark Strike Against Scam Networks

BitcoinUK Sanctions $20 Billion Crypto Marketplace Xinbi in Landmark Strike Against Scam NetworksThe UK has imposed unprecedented sanctions on Xinbi, a cryptocurrency marketplace that processed $20 billion in illicit transactions, and Cambodia's largest scam compound housing 20,000 trafficked workers.27 Mar 20263 min read

AI-Powered Crypto Scams 4.5x More Profitable: Chainalysis Report

BlockchainAI-Powered Crypto Scams 4.5x More Profitable: Chainalysis ReportAI-enabled cryptocurrency scams extract an average of $3.2 million per operation compared to $719,000 for traditional fraud schemes, while illicit crypto addresses received $154 billion in 2025, a 162% annual increase.22 Mar 20263 min read