crypto scams
U.S. Launches New Strike Force to Combat $10 Billion Southeast Asian Scam Industry; OFAC Targets Burma-Based Cyber Scam Network
TL;DR The U.S. Department of Justice, together with major federal law enforcement and interagency partners, announced the creation of the…
OFAC Sanctions Funnull Technology Inc. for Supporting Pig Butchering Scams
On May 29, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Funnull Technology Inc.,…
AI-Powered Crypto Scams: How Artificial Intelligence is Being Used for Fraud
TL;DR AI-powered scams are impacting the crypto industry, as many fraudsters are combining the pseudonymity of digital assets with the…
What the Huione Group Shutdown Signals About the Future of Crypto Scam Infrastructure
TL;DR FinCEN’s designation of Huione Group marks a major enforcement milestone; however, the broader ecosystem of Chinese-language guarantee services remains…
Bridging the Gap: How Off-Chain and On-Chain Data Can Prevent Crypto Fraud
TL;DR As crypto adoption grows and peer-to-peer (P2P) payment systems like PayPal and Zelle become more mainstream, fraudsters are finding…
Crypto Scam Revenue 2024: Pig Butchering Grows Nearly 40% YoY as Fraud Industry Leverages AI and Increases in Sophistication
In 2024, cryptocurrency scams received at least $9.9 billion on-chain, an estimate that will increase as we identify more illicit…
Case Study: Tracking On-Chain Activities of Suspected FTC Impersonators
The Federal Trade Commission (FTC) recently issued a press release, warning consumers of scammers impersonating FTC staff members in attempts…
Insights From 100 Episodes of Public Key: Podcast Ep. 100
Wow! What a huge achievement – Episode 100 of the Public Key podcast is here and we thank you all…
Best of Public Key’s Pig Butchering Discussions – Ep. 98
Episode 98 of the Public Key podcast is here and in a Public Key first, we are going to take…