Every day, Bitcoin Who’s Who gets emails about scams, fraud and suspicious Bitcoin activity. But every once in a while, a scammer manages to create a moment of perfect irony: they send a Bitcoin extortion email directly to Bitcoin Who’s Who—complete with the wallet address they want us to investigate.
Continue reading You’ve Got the Wrong AddressSomething unusual is happening on the Bitcoin blockchain: coins that have been sitting untouched for years — in some cases more than a decade — are starting to move again.
That doesn’t necessarily mean Bitcoin’s earliest holders are rushing to sell. In fact, the blockchain often gives us no way to know why a dormant address suddenly becomes active. But the clustering of these movements is interesting enough to raise a bigger question:
Why are so many old Bitcoin addresses waking up now?
Continue reading Why Are So Many Dormant Bitcoin Addresses Waking Up Lately?The U.S. Department of the Treasury announced a broad sanctions action on August 24, 2026, targeting Iranian financial networks and other activities while also making significant changes to sanctions involving Syria. OFAC’s accompanying SDN List update includes several cryptocurrency addresses identified as “Digital Currency Address – XBT,” OFAC’s designation for Bitcoin.
Continue reading Treasury Action Adds Six Bitcoin Addresses to OFAC List, Removes OneNew IRS Impersonation Scam Spotted in the Wild
There is an old rule in Bitcoin: don’t trust, verify.
That principle usually gets applied to wallets, transactions and private keys. But it is just as important when dealing with the people and institutions trying to reach your crypto holdings.
A recent scam highlighted by Coinbase is a perfect example.
Continue reading In Bitcoin, Looking Official Means NothingThe recent COLDCARD hack has been a painful reminder that even experienced Bitcoin users can become victims of sophisticated attacks.
First and foremost, our thoughts are with everyone affected. We know that losing access to your Bitcoin is more than a financial setback, it can be an incredibly stressful and frustrating experience.
Many victims have already reported the wallet addresses involved to BitcoinWho’sWho.com, helping alert the community to suspicious activity. If you’ve done that, thank you. Community reporting plays an important role in helping others avoid the same fate.
But reporting a wallet address is only the first step.
Continue reading A Reminder for Crypto Crime Victims: Don’t Forget to Report the CrimeThe English High Court’s decision in Stephen Wilden v Person Unknown and Huobi Global S.A. [h/t Freshfields] is an important step forward for victims of cryptocurrency fraud. The ruling confirms that at least some Western courts are willing to issue freezing injunctions, compel exchanges to disclose information, and recognize sophisticated blockchain tracing techniques, even when stolen funds have been pooled and mixed in an attempt to conceal their origin.
It’s a significant victory for crypto asset recovery.
At the same time, the case raises an uncomfortable question.
Continue reading Great Ruling. But Why Does It Take 32 Bitcoin to Get Justice?One of the most common things we hear from victims of cryptocurrency scams is, “I’ve been told there’s no way to recover my Bitcoin.”
That belief has become one of the biggest misconceptions in the crypto industry. While recovering stolen cryptocurrency is never guaranteed, a newly published forensic paper from Chinese law enforcement shows exactly why victims shouldn’t give up hope.
Continue reading China’s New Crypto Forensics Paper Debunks the Biggest Myth About Stolen BitcoinTwo Massachusetts men were sentenced to two years in prison for stealing the social media accounts of crypto executives and using SIM-swapping to bypass 2FA protections. DOJ
Details are unclear but it seem that hackers exploited automated trading bot API 3commas in order to take control of the user’s account and make thousands of trades. WU Blockchain
AKA Mustafa Goklu, Mustangy posted ads on localbitcoins.com offering to pay cash for up to $99,999 in Bitcoin. The cash he was offering came from his drug trafficking business. DOJ
Nearly 100 Coinbase users are taking the company to arbitration for failing to protect them from mining pool scams. Forbes
Three US states have filed cease-and-desist orders against Slotie NFT for selling NFTs without proper registration and funneling the proceeds into metaverse casinos. Coindesk
A Pennsylvania man received a briefcase which supposedly held cash from his crypto profits, but it turned out to contain toilet paper. And he paid an extra $9K for the code to open the briefcase. PA Homepage
A scammer sent WhatsApp messages to stars and friends of Mel B (aka Scary Spice) asking for crypto donations to “help African children dying of thirst”. Yahoo!
An exploit of weaknesses in cross-chain bridges allowed a scammer to steal 2M Binance Coin worth about $580M. Yahoo!
Bored Ape NFT owners fell for a phishing scam that claimed it would animate the valuable NFTs. $2.5M in NFTs were stolen in all. Decrypt
31 people fell victim to scam cloud mining app “CCH Cloud Miner” and police have filed a case against 3 of the scammers involved. Inc42
Scammers are using Tinder to meet victims, then dating them for weeks in order to set them up for a crypto theft. NY Post
Kim Kardashian Settles Charges for Illegal Crypto Promotion
Kardashian paid $1.26 million in penalties for promoting EthereumMax on social media without disclosing how much she was paid to do so. SEC.gov
Class Action Lawsuit Filed Against Just A Bit of Coin
Plaintiffs claim that Just A Bit of Coin promised to build bitcoin mining rigs for customers but never delivered, blaming supply chain issues. ClassAction.com
Brazilian Police, US Homeland Security Bust Crypto Fraud Ring
A multi-year investigation has ended with the execution of 20 search and seizure warrants against a crypto scam ring based in Curitaba, Brazil. ICE.gov
Malicious DApp Is Stealing Crypto from Other Crypto Scammers “Water Labbu” is inserting malicious code into crypto scam websites and emptying the wallets of visitors of those sites before they even have a chance to get scammed the usual way. Trend Micro
