Topic: #scams
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Louisiana Act 482 grants crypto ATM refund rights starting Aug. 1
Starting August 1, Louisiana's Act 482 lets users cancel virtual-currency-kiosk transactions and demand full refunds if the operator lacked proper licensing at the time of the trade. Operators have 10 business days to respond and 90 calendar days to process refunds.
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Sioux Falls crypto investor indicted on 29 counts in $20M fraud
Benjamin Paul Wiener was indicted on wire fraud, money laundering, and identity theft charges after prosecutors say he used eight entities to move investor funds through crypto exchanges and financial institutions, repaying earlier victims with new money.
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Robinhood Chain tokens vanish from wallets after purchase, Relay reports scam wave
Buyers on Robinhood Chain lost funds when tokens they purchased disappeared from wallets, according to Relay. The incidents were not private-key compromises. Relay is blocking suspicious tokens and verifying safe assets as the Layer 2 network sees increased scam activity.
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CryptoBandits malware hijacks wallet addresses, crypto fraud hits $17B in 2025
Microsoft's threat intelligence team published analysis of CryptoBandits, a Windows malware that hijacks copied wallet addresses and steals seed phrases. Crypto fraud losses hit record highs in 2025, with individual holders increasingly targeted by scams that don't break cryptography but manipulate what your machine shows.