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The Blog of Cryptoscam Defense Network

The blog provides expert insights and real-world examples of crypto scams, educating and informing readers to navigate cryptocurrency safely and confidently.
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AI Scammer Bot: How to Protect Yourself from AI Scams

AI Scammer Bot: How to Protect Yourself from AI Scams

As artificial intelligence (AI) becomes more common in our daily lives, improving aspects like shopping and voice-assisted devices, it’s important to recognize the negatives as well. One of these negative sides is AI scammer bots, which use these technologies to carry...

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Is Life Insurance a Scam?: Everything You Need to Know

Is Life Insurance a Scam?: Everything You Need to Know

Many people are concerned about life insurance due to frequent reports of fraud. However, approximately 20% of all insurance claims are fraudulent, making 78% of consumers wary of insurance scams. If you've ever asked yourself, “Is life insurance a scam?” you're in...

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Fraud Bank of America: How to Detect and Report Incidents

Fraud Bank of America: How to Detect and Report Incidents

Bank of America, recognized as the second-largest bank in the U.S. by the 2024 Forbes list, holds a prestigious position in the financial industry. Despite this, like many other financial institutions, it is still vulnerable to fraudulent schemes. Recently, a data...

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How Many Years in Jail Can You Get for Fraud in 2024?

How Many Years in Jail Can You Get for Fraud in 2024?

In 2024, the range of fraud remains a serious worry, according to new Federal Trade Commission (FTC) data, customers reported an enormous loss of more than $10 billion due to fraud in 2023 alone, a record high and a 14% rise over the previous year.  As the number...

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How to Report Fraud to Exchanges and What to Expect?

How to Report Fraud to Exchanges and What to Expect?

If you're interested in cryptocurrency, you need an exchange. These platforms facilitate buying, selling, and storing various cryptocurrencies. However, alongside the benefits of these platforms come risks, including fraud. If that happens, you have to be prepared to...

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What Is WhatsApp Doing Against Scam Groups?

What Is WhatsApp Doing Against Scam Groups?

WhatsApp is one of the most used messaging platforms worldwide, but it is also one of the most attacked by scammers. In the first half of 2023, it was involved in just over 70% of the 6,573 scam cases reported on messaging platforms. Given WhatsApp's role in personal,...

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