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Today β€” 29 October 2026Main stream

How to Verify Someone Really Works for a Company: 13 Checks

29 October 2026 at 02:48

Scammers can copy a name, a logo and a job title in a minute. A few checks you can run yourself show whether a β€œsupport agent”, recruiter or business partner isΒ real.

A message lands on Telegram: β€œHi, I’m Daniel from the security team at your exchange. We saw a login from a new device. Please confirm your wallet so we can protect your funds.” The profile photo shows the company logo. The English is good. Daniel is patient, and he knows your username.

Daniel does not work at the exchange. He works for a scam crew, and the β€œconfirm your wallet” link empties yourΒ wallet.

People reported losing $3.5 billion to imposter scams in 2025, and nearly $1 billion of that went to people pretending to be a business, according to the FTC’s June 2026 report. The FBI’s figure for crypto is bigger. Victims told its Internet Crime Complaint Center they lost $11.4 billion to crypto-related crime in 2025, more than half of all the losses it counted that year (IC3 2025Β report).

A lot of those losses started the same way. Someone claimed to work for a company, and the victim took their word for it. Some victims did not know how to check. Others saw a familiar name, a logo and a confident tone, and felt noΒ need.

The checks run from a 30-second test to reading the hidden part of an email. If you only have time for two, use the first and the tenth: both are free, and both are very hard for a scammer toΒ fake.

The one rule behind everyΒ check

Never use the contact details a stranger gives you to check that stranger.

If β€œDaniel” sends you a phone number, a website or an email address and says β€œcontact us here to confirm”, all three belong to Daniel. Calling the number he gave you only proves that Daniel answers his ownΒ phone.

Every check in this list works the same way. You find the company’s official channel yourself, from a source the stranger did not hand you. Then you ask that channel whether the person isΒ real.

Why people skip theΒ check

It looks official, so we assume it is. A logo, a job title and a company name take a minute to copy. Real staff photos sit on LinkedIn and on company β€œTeam” pages for anyone to download.

They already know something about us. Your username, your last order or the exchange you use is often public, or leaked in a data breach. Knowing those details says nothing about who the senderΒ is.

There is a clock. β€œYour account will be frozen in 30 minutes.” The deadline is there to stop you checking. A real company will still exist after you spend ten minutes confirming.

The more urgent the message, the slower you shouldΒ move.

13 ways to check that someone works for aΒ company

1. Contact the company yourself, through its officialΒ website

Type the company’s address into your browser by hand, or use a bookmark you saved earlier. Skip links in the message and skip search ads, because scammers buy ads for fake support pages. Find the support page or contact form and ask: β€œSomeone called Daniel, Telegram @daniel_sec_team, says he works on your security team and contacted me today. Is thatΒ real?”

Example. A β€œrecruiter” emails about a job at a well-known firm. You open the firm’s careers page from a bookmark. The role is not listed, and the HR address on the page is another one. The recruiter does not work for theΒ firm.

The catch is speed. If support takes two days to reply, wait two days, and do nothing the stranger asks in the meantime.

2. Use the company’s own checkingΒ tool

Many crypto exchanges now run a page where you paste a username, email, phone number or link, and it tells you whether the contact is official. Three examples:

  • Binance Verify at binance.com/en/official-verification checks domains, email addresses, phone numbers and social handles, Telegram included. Binance says anyone who claims to work with Binance and cannot be confirmed there should be treated as untrusted.
  • OKX has a channel verification page in its Help Center. OKX says to type the β€œ@” before a username, or the result can beΒ wrong.
  • KuCoin runs an Official Verification Center at kucoin.com/cert. It checks emails, Telegram IDs, X accounts, websites and official wallet addresses.

Example. β€œBinance support” adds you on Telegram as @BinanceSupportDesk. You paste the handle into Binance Verify, and it comes back as not official. Block the account and reportΒ it.

Reach these tools by typing the exchange’s main address yourself and looking in its Help Center for β€œverify” or β€œofficial channel”. If the stranger sends you a link to a β€œchecking tool”, that link is theΒ trap.

A tool can confirm that an address belongs to the company. It cannot confirm that an email really came from that address, because the From line can be forged. Bybit’s own help page warns about this. For email, add checkΒ 5.

3. Ask them to message you from the company’s official XΒ account

Ask the person to prove it on a channel only the company controls. Better still, contact that channel yourself. Here is a message you canΒ send:

β€œBefore I continue, please send me a DM from @ExampleExchange, the official account, confirming you work there and what this is about. Or I can DM that account andΒ ask.”

A real employee will say β€œsure” or send you to the official support channel. A scammer will make excuses: β€œThat account is for marketing only”, β€œour team can’t access it”, β€œthis is confidential.” Each of those excuses means the person cannot proveΒ it.

Make sure you have the right official account. Open it from a link on the company’s own website, since search results can show copycat accounts. It should have years of posts and the follower count you wouldΒ expect.

Then look for X’s affiliate badge. Companies that pay X to verify their brand can link their staff accounts. An affiliated employee shows a small copy of the company’s profile picture next to their name, and tapping it opens the company’s account. A plain blue tick on a personal account says nothing about employment, because anyone can buyΒ one.

Official accounts do get hacked. If the official account suddenly DMs you first with a link, treat that as suspicious too. Most companies never start private conversations about yourΒ account.

4. Ask for an email from the company domain, then read that domain letter byΒ letter

A real employee can email you from a work address in a minute. Ask for it. A recruiter or β€œpartner” who only uses Gmail, Outlook.com, Telegram or WhatsApp fails thisΒ test.

Then read the address slowly. Say the real company is Example Exchange at example.com. Each of these addresses isΒ fake:

  • support@examp1e.com (the digit 1 in place of the letterΒ l)
  • hr@exarnple.com ("rn" looks like "m" in manyΒ fonts)
  • security@example-support.com (an extra word added to theΒ name)
  • team@example.co (the wrongΒ ending)
  • alerts@example.com.account-check.net (the real domain is account-check.net, read from theΒ right)
  • help@exΠ°mple.com (the "Π°" is a Cyrillic letter that looks the same as the LatinΒ one)

Two more things to check in the sameΒ email:

  • The display name can say anything. β€œExample Exchange Security” might sit on top of x7k2@mail-ru.biz. Click or tap the name to see the realΒ address.
  • The Reply-To can differ. An email can arrive from an address that looks right and still send your reply to a stranger. Hit reply and look at the β€œTo” field before youΒ type.

A correct domain is a good start. On its own it can still be forged, which is why check 5 comesΒ next.

5. Check the email’s sign-in results (SPF, DKIM andΒ DMARC)

Every email carries test results that show whether it really came from the domain in the From line. Your inbox runs these tests already. You just have toΒ look.

In Gmail, open the email, click the three dots and choose β€œShow original”. In Outlook, open the message, then More actions, View, β€œView message source”. In Apple Mail, choose View, Message, RawΒ Source.

Find the line that starts with Authentication-Results. A real email from example.com looks likeΒ this:

dkim=pass header.d=example.com; spf=pass smtp.mailfrom=example.com; dmarc=pass header.from=example.com

In plainΒ words:

  • SPF pass means the server that sent the email is on the domain’s approvedΒ list.
  • DKIM pass means the email carries the domain’s digital signature, and nobody changed the message on theΒ way.
  • DMARC pass means at least one of those two tests passed for the same domain you see in the From line. This is the result to readΒ first.

Warning signs: dmarc=fail, spf=fail, dkim=none, or a pass for some other domain, such as dkim=pass header.d=bulk-mailer-7.net on an email that claims to be from example.com.

Example. An email from β€œsecurity@example.com” asks you to reset your password. Gmail’s β€œShow original” says dmarc=fail header.from=example.com. The From line is forged. Delete theΒ email.

A DMARC pass means the email left a mail system the company approved. A hacked staff mailbox passes too, and forwarded emails sometimes fail SPF while being genuine. Treat the result as strong evidence and combine it with the otherΒ checks.

6. Paste the raw email into an AI chatbot and ask it to find theΒ tricks

Raw email source is hard to read. A chatbot such as ChatGPT, Claude or Gemini can read it for you and point at the parts that lookΒ wrong.

  1. Open β€œShow original” (or β€œView message source”) as in check 5 and copy everything.
  2. Remove your own details first: your email address, name, phone number, account numbers and any codes. Replace each with β€œ[removed]”.
  3. Paste the text into the chatbot with a prompt like thisΒ one.

β€œBelow is the raw source of an email, including headers and HTML. I think it may be a phishing email pretending to be from example.com. Please check: (1) Do SPF, DKIM and DMARC pass, and for which domain? (2) Does the From address match the Return-Path and Reply-To? (3) List every link in the HTML and show where it really points, compared with the text shown to me. (4) Are any domains lookalikes of example.com? (5) Anything else suspicious? Quote the exact lines you relyΒ on.”

AI is good at this job. It will catch a link whose visible text says https://example.com/login while the code behind it points to https://example-com.login-verify.app, and it spots lookalike domains and hidden text far faster than most peopleΒ do.

Example. You paste a β€œyour withdrawal is on hold” email. The chatbot lists four links. Three go to example.com. The β€œRelease funds” button goes to a domain nobody at the company owns, and that button is theΒ scam.

Chatbots also make mistakes in both directions. An email that β€œlooks fine” to a chatbot can still come from a hacked real account. Make it quote the lines it relies on, then check those lines yourself. Never paste passwords, seed phrases or one-time codes into anyΒ chatbot.

7. Hover over links and check when the domain was registered

Before you click anything, hover over the link on a computer, or press and hold it on a phone, to see the real address. Read the domain from the right, as in checkΒ 4.

Then look up when the domain was created. Paste it into the ICANN lookup and check the β€œCreated” date. A company that has existed for ten years does not send security alerts from a domain registered lastΒ Tuesday.

Example. A β€œpartnership manager” from a known crypto project emails from bd@exampleprotocol-team.com. ICANN lookup shows the domain was created nine days ago. The project's real site has used a different domain sinceΒ 2021.

A brand-new domain is a strong warning sign. An old domain proves less, because some scam domains sit unused for months before they areΒ used.

8. Check their LinkedIn the rightΒ way

A LinkedIn profile is easy to fake. A good fake still leaves gaps you canΒ spot.

  • Look for LinkedIn’s workplace check. LinkedIn lets members confirm their current employer, most often with a code sent to their work email, and the result shows on the profile. It confirms the company only. The job title is unchecked, and only some companies support it soΒ far.
  • Start from the company page. Open the company’s official LinkedIn page, go to its People tab and search for the name. Searching from the company side is harder to fool than clicking a profile someone sentΒ you.
  • Read the history. Real profiles usually have years of posts, a work history that makes sense, and connections who also work at the company. Fake ones are often new, with a few hundred random connections and a headshot that looks tooΒ perfect.
  • Message the profile directly. Ask the LinkedIn account to confirm the chat you are having on Telegram or WhatsApp. Scammers often copy a real employee’s profile, and the real employee will reply confused.

A long history plus a workplace check is good evidence that the person exists and works there. It does not show that the person messaging you on another app is the same person, so always confirm on the profileΒ itself.

9. Check the company’s team page, docs, GitHub and community adminΒ lists

Many companies publish who speaks forΒ them:

  • The Team or About page on the officialΒ website.
  • The docs or Help Center, which often list official support channels and say β€œwe will never DM youΒ first.”
  • The GitHub organization. Open github.com/the-company and look at public members. A developer who says they work there can usually be found in thatΒ list.
  • Telegram and Discord admin lists. Check the admin’s username, the part with the @, and ignore the display name. Anyone can set a display name to β€œExample Support | Admin”. OKX advises copying the username from the profile screen. If the β€œusername” appears only in the bio, the account is probablyΒ fake.

Example. You post a question in a project’s Discord, and β€œMod Alex” sends you a private message offering help. You check the server’s member list. The real Alex has a staff role and a different username. The account in your DMs joined the server yesterday.

Lists go stale when people leave, so when the stakes are high, confirm with check 1 asΒ well.

10. Call back through the switchboard

If someone phones you from β€œthe company”, hang up and call the number on the company’s website or on the back of your card. Ask to be put through to that person or department.

Example. β€œYour bank’s fraud team” calls and asks you to move savings to a β€œsafe account”. You hang up and dial the number printed on your bank card. The bank has no record of the call. The FTC says bank impersonators caused the largest reported losses among business imposters in 2025, and these scams often end with victims persuaded to move money to β€œprotect” it.

This check is hard to beat. Use another phone if you can, because some scams keep the line open after you hangΒ up.

11. For crypto: ask for a signed message from a knownΒ wallet

Crypto has a check that nobody can fake without the private key. If a project or team member claims to control a wallet the project lists publicly, ask them to sign a message withΒ it.

  1. Find the wallet address yourself, in the project’s official docs, website or official XΒ account.
  2. Ask them to sign a message with today’s date and your name in it, such as: β€œI am Daniel from Example Protocol. Signed for Priya on 29 October 2026.” The date and your name stop them from reusing an old signature.
  3. Check the signature on Etherscan’s Verified Signatures page. BaseScan, Arbiscan and other Ethereum-style explorers have the same tool. Enter the address, the message and the signature, and see whether it isΒ valid.

A valid signature proves the signer controls that wallet. Whether the wallet belongs to the project depends on where you found the address, which is why step 1Β matters.

12. Don’t treat a video call asΒ proof

Plenty of people still treat a video call as the final word. Since 2024 that has been a costly habit. In January 2024, a finance employee at the Hong Kong office of engineering firm Arup joined a video call with what looked like the company’s CFO and other colleagues. Every other face on the call was a deepfake. The employee made 15 transfers worth HK$200 million, about $25.6 million, before checking with the head office, Hong Kong police said. Arup later confirmed to CNN that fake voices and images wereΒ used.

If a video call is part of the story, confirm through a second channel you found yourself: the company switchboard, the official X account or a work email you already confirmed with checks 4 and 5. Ask for a calendar invite sent from the company domain, and run check 5 onΒ it.

13. Search their name, handle and domain withΒ β€œscam”

Spend a minute on a webΒ search:

  • "@daniel_sec_team" scam
  • "example-support.com"
  • "Example Exchange" recruiter scam

Also look for the company’s own warnings. Many companies publish lists of fake domains and copycat tricks on their blog or HelpΒ Center.

If others have reported the same handle or domain, you know it is a scam within a minute. An empty search proves nothing, because a new scam has no reportsΒ yet.

Requests that end the conversation, whoever isΒ asking

Some requests are scams however well the person passes these 13 checks, because a hacked real account can pass every test. Nothing makes these requestsΒ safe:

  • Your seed phrase, recovery phrase or private key. No company ever needs it. Anyone who asks is stealing.
  • Your password or a one-time code from SMS, email or an authenticator app.
  • Remote access or screen sharing through AnyDesk, TeamViewer or a β€œsupportΒ tool”.
  • Moving money to a β€œsafe” or β€œsecure” wallet or account to protectΒ it.
  • Paying to receive money, such as a fee to unlock a withdrawal, a deposit to start a job, or β€œgas” to claim aΒ prize.
  • Installing software for a job interview. Fake crypto recruiters ask candidates to install a β€œvideo call app” or run a coding test that carriesΒ malware.
  • Connecting your wallet to β€œverify” it, or signing a transaction you do not understand.

When you see one of these, stop. You don’t owe anyone a politeΒ goodbye.

Three common scams, checked step byΒ step

Scam 1: Fake exchange support onΒ Telegram

The message. β€œ@ExampleEx_Support” writes: β€œYour withdrawal is stuck. Connect your wallet at example-unlock.com to releaseΒ it.”

The checks.

  1. Check 2: the exchange’s checking tool says the handle is not official.
  2. Check 7: ICANN lookup shows example-unlock.com was created thisΒ month.
  3. The requests list: β€œconnect your wallet to release funds” is onΒ it.

Verdict. Scam. Block the account and report it to the exchange and to Telegram.

Scam 2: A recruiter from a cryptoΒ firm

The message. A LinkedIn profile titled β€œSenior Talent Partner at Example Labs” offers $180,000 for a remote developer role. The next step is a β€œtechnical test”: download a code repository and run it on yourΒ laptop.

The checks.

  1. Check 4: you ask for an email from @examplelabs.com. The reply comes from a Gmail account, β€œbecause of internalΒ policy”.
  2. Check 8: nobody with that name appears on Example Labs’ LinkedIn People tab, and the profile is four monthsΒ old.
  3. Check 1: Example Labs’ careers page lists no suchΒ role.
  4. The requests list: running unknown code from a stranger is onΒ it.

Verdict. Scam. If you already ran the code, treat the laptop as compromised. Move any crypto to a new wallet created on a clean device, and change your passwords from thatΒ device.

Scam 3: A β€œpartnership” email to a smallΒ project

The message. β€œHi, I lead business development at Example Exchange. We’d like to list your token. Please sign the attached agreement and pay the $15,000 listing deposit.”

The checks.

  1. Check 5: β€œShow original” says dmarc=pass header.from=example-exchange-listing.com. The email really came from that domain, and that domain belongs to someoneΒ else.
  2. Check 3: you DM the exchange’s official X account. The exchange replies that it never asks for listing deposits by email and does not know thisΒ person.
  3. Check 2: the exchange’s checking tool does not recognize theΒ address.

Verdict. Scam. The email passed DMARC for its own lookalike domain, which is why reading the domain letter by letter (check 4) comes before the headerΒ check.

A checklist you canΒ save

Before you share anything, pay anything or click anything:

  • I found the company’s contact details myself. This person did not give them toΒ me.
  • I asked the company, through that channel, whether this person isΒ real.
  • I checked the handle or email in the company’s checking tool, if it hasΒ one.
  • I read the email domain letter by letter, from theΒ right.
  • β€œShow original” shows dmarc=pass for the company's realΒ domain.
  • I checked where every link really goes, by hovering or withΒ AI.
  • The domain is more than a few monthsΒ old.
  • Their LinkedIn, team page or GitHub matches, and I searched from the company’s side.
  • Nobody asked for a seed phrase, code, password, remote access, a fee or a softwareΒ install.
  • I am not rushing because someone told meΒ to.

If any line fails, stop and confirm through a channel you found yourself.

If you already replied orΒ paid

Act in thisΒ order:

  1. Stop all contact. Do not send β€œone last” payment to unlock the first one. Fake β€œrecovery” offers usually follow, often from the sameΒ crew.
  2. Secure your accounts from a device you trust. Change passwords, reset two-factor authentication and log out of other sessions.
  3. Move your crypto to a new wallet with a new seed phrase if you shared the old phrase or connected your wallet to a site. Revoke token approvals you do not recognize.
  4. Tell the real company through its official support. The company can freeze accounts and warn otherΒ users.
  5. Report it. In the US, use reportfraud.ftc.gov and the FBI’s ic3.gov. In the UK, use Report Fraud. Elsewhere, contact your national police cyber-crime unit.

FAQ

How can I verify if someone works for aΒ company?

Contact the company through a channel you found yourself, such as its official website or official X account, and ask whether the person works there. Back that up with the company’s checking tool if it has one, a work email from the real domain that passes DMARC, and LinkedIn’s workplace check.

Can a verified X account beΒ fake?

Yes. Anyone can buy a blue checkmark, and it says nothing about employment. On X, staff linked to a verified company show an affiliate badge, a small copy of the company’s logo next to their name. Official accounts can still be hacked, so pair the badge with a secondΒ check.

Is an email from the company’s domain alwaysΒ safe?

No. The From address can be forged, which is why you check for dmarc=pass in the raw headers. A real staff mailbox can also be hacked, and a hacked mailbox passes every check. If the email asks for anything on the requests list, treat it as a scam even when the headersΒ pass.

Can AI tell me if an email is aΒ scam?

AI is very good at reading raw email source and finding fake links, lookalike domains and failed SPF, DKIM or DMARC results. It still makes mistakes. Use it to point at the suspicious lines, check those lines yourself, and remove your personal details before youΒ paste.

Will a real company ever message me first on Telegram or WhatsApp?

Most large crypto exchanges say their staff will not start private chats about your account and will never ask for funds, passwords or codes. Check the company’s Help Center for its own policy, and treat any unprompted private message as unconfirmed until you checkΒ it.

What is the safest way to check a recruiter?

Ask for an email from the company domain, find the role on the company’s own careers page, and search the recruiter’s name on the company’s LinkedIn People tab. Never pay a fee, buy equipment through the recruiter, or install software as part of an interview.

What should I do if someone fails theseΒ checks?

Stop replying, block the account, and report it to the real company and to the platform where you met. If you shared anything or sent money, follow the steps under β€œIf you already replied orΒ paid”.

Gaurav Agarwal writes about crypto security and on-chain investigations. If a scam message reached you that these checks did not cover, describe it in the comments, without personal details, and I will add a check forΒ it.


How to Verify Someone Really Works for a Company: 13 Checks was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.

Yesterday β€” 28 October 2026Main stream

Trenton Johnston sentenced in $13M Bitcoin scam after Discord boasts

28 October 2026 at 15:49
Trenton Johnston has been sentenced in Miami for his role in a cryptocurrency laundering scheme involving more than $13 million in stolen funds, after investigators linked the Canadian to fake support calls and demonstrations of his methods on Discord. According…

Before yesterdayMain stream

Crypto scam suspect extradited to US in $36.9m case involving 174 victims

24 October 2026 at 03:08
A Chinese national has been extradited from the Netherlands to Los Angeles over an alleged Cambodia-based crypto investment scam that targeted 174 identified Americans and moved more than $36.9 million through a Bahamas bank account. The U.S. Department of Justice…

NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme

23 October 2026 at 17:21

Bitcoin Magazine

NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme

New York Attorney General Letitia James is trying to secure a $1.37 billion judgment against the operators of NovaTech and its predecessor AWS Mining, two successive cryptocurrency investment schemes that allegedly defrauded hundreds of thousands of investors worldwide out of more than $1 billion.

Alleged founders Cynthia and Eddy Petion never appeared in court and, according to the AG’s office, fled the country.

β€œNovaTech and AWS Mining scammed thousands of vulnerable New Yorkers by telling them they were making a safe investment when in reality, they were victims of a pyramid scheme,” James said in a statement. β€œThese scammers targeted immigrant and religious communities with the promise of a better life but instead robbed them of their life savings.”

The schemes, AWS Mining and later NovaTech, relied on promoters who recruited heavily in Haitian and other immigrant communities β€” through prayer groups, WhatsApp chats, and ads in Haitian Creole.

AWS Mining sold crypto mining contracts promising 15 to 20 percent monthly returns and 200 percent within 15 months. It collapsed in 2019. The Petions then launched NovaTech, marketed as a registered hedge fund broker, promising weekly trading returns of two to four percent β€” more than 140 percent a year.

Those returns were fabricated, according to prosecutors. Records from B2Broker, which supplied NovaTech’s white-label trading platform, show that of the more than $1 billion investors deposited between 2019 and 2023, only about $26 million was ever actually traded β€” and NovaTech’s traders lost $18.2 million of that. Returns to earlier investors came from newer deposits, not trading. When NovaTech collapsed in mid-2023, tens of thousands of investors could not withdraw their funds.

The AG is also seeking $134.5 million the Petions allegedly withdrew to their own wallets from the investor account Cynthia Petion solely controlled, plus $4.7 million tied to the earlier AWS Mining scheme. A default judgment entered in August 2025 already bars the couple and their companies from the securities, commodities, and cryptocurrency industries.

Separately, four of the scheme’s top promoters have agreed to pay nearly $6 million in disgorgement to victims and accepted the same industry bans.

This post NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

President Trump to Highlight Crackdown on Overseas Crypto Scams

21 October 2026 at 10:52

Bitcoin Magazine

President Trump to Highlight Crackdown on Overseas Crypto Scams

President Donald Trump will use a White House event on Wednesday to spotlight his administration’s push against foreign criminal networks that lure Americans into fake crypto investments, a White House official told Reuters.

The remarks are part of a broader event on cyber crime prevention. Trump and members of his cabinet plan to point to the government’s seizure of fraudulent crypto investment websites and its work to shut down online impersonation scams, the official reportedly said.

Homeland Security Secretary Markwayne Mullin, FBI Director Kash Patel, Defense Secretary Pete Hegseth and Attorney General Todd Blanche are expected to attend.

The event follows a March executive order in which Trump directed the Justice Department to prioritize the identification and prosecution of online scammers. He followed that with a memo directing the Department of Homeland Security to work with private companies to surveil foreign criminal hacking groups.

Record losses in internet and crypto scams

The numbers behind the crackdown are grim. Americans filed more than one million complaints with the FBI about internet scams in 2025, a 17% increase from 2024, and reported record losses.

Crypto fraud accounted for more than half of that damage. The FBI’s Internet Crime Complaint Center logged 181,565 crypto-related complaints and $11.366 billion in losses for 2025, making digital assets the single most loss-heavy category in the report. Crypto investment scams drained $7.2 billion of that total.

The FBI traced much of the activity to organized criminal enterprises in Southeast Asia β€” in Cambodia, Laos and Burma β€” that use victims of human trafficking as forced labor inside scam compounds. Criminals make contact through text messages, social media, dating apps and digital ads before steering victims to fake platforms that display fabricated profits. When victims try to withdraw, scammers demand taxes and fees and vanish.

Americans aged 60 and older bore the heaviest burden, with $4.43 billion in crypto-related losses. Crypto ATM scams produced $389 million in losses, a 58% jump from 2024, and recovery scams that target prior victims generated another $1.4 billion.

The global picture is worse. Chainalysis data from January showed illicit crypto addresses received at least $154 billion in 2025, a 162% increase from 2024. North Korea-linked hackers stole $2 billion over the year, including the $1.5 billion Bybit exploit, the largest crypto heist on record.

Enforcement has produced some solid results. The FBI’s Operation Level Up notified 3,780 victims of active crypto investment fraud in 2025 and saved an estimated $225.8 million. A Scam Center Strike Force that combines the DOJ, FBI, Secret Service, State Department and Treasury’s OFAC targets the Southeast Asian compounds.

According to Reuters, Trump and his sons have added at least $2.3 billion to the family fortune from their main crypto ventures, while the investors they courted have absorbed a $2.3 billion hit.Β 

In October 2025, Trump pardoned Changpeng Zhao, the Binance founder convicted after the exchange pleaded guilty to failing to maintain an effective anti-money laundering program.

Democrats in Congress have accused the Trump family of using the presidency to enrich itself through its crypto ventures, a charge the White House rejects.

White House spokeswoman Anna Kelly said that β€œall actions by President Trump and his administration are taken in the best interest of the American people.”

This post President Trump to Highlight Crackdown on Overseas Crypto Scams first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Brooklyn DA Pulls the Plug on Crypto Scam Network

15 October 2026 at 19:03

Bitcoin Magazine

Brooklyn DA Pulls the Plug on Crypto Scam Network

The Brooklyn District Attorney’s office has dismantled the online backbone of a multinational cryptocurrency scam that drained tens of millions of dollars from Russian-speaking victims across the U.S.

Working with the FBI, investigators executed search warrants across three time zones in a matter of hours and seized or disrupted 241 scam domains and more than 100 cloud servers hosted by Eastern European and American companies. The servers held the scammers’ victim data, site content and operating software, according to a Wednesday statement.Β 

β€œOur groundbreaking Virtual Currency Unit identified the fraud, tracked the stolen cryptocurrency, broke new ground by uncovering the infrastructure behind the operation, and worked with the FBI to dismantle it,” Brooklyn District Attorney Eric Gonzalez said.Β 

READ MORE: https://t.co/aLVPJb2BqX

β€” Brooklyn District Attorney Eric Gonzalez (@BrooklynDA) October 14, 2026

β€œBy disrupting more than 100 servers and hundreds of fraudulent websites, we have struck at the heart of this criminal enterprise and made it far harder for these scammers to victimize others. I commend our investigators and thank the FBI for their partnership in this extraordinary operation.”

The scam worked by luring victims via Russian-language investment ads on Facebook. A Russian-speaking β€œadvisor” then called and walked them through opening an account on a fake crypto platform and buying digital assets.Β 

Weeks or months later, when victims tried to withdraw, they were locked out or hit with bogus β€œfees” and β€œtaxes.” 

Some lost their life savings. Then the scammers came back for more: Posing as recovery services, they contacted victims weeks later and promised to retrieve the stolen money.

The unit had already taken down 400 scam domains, but new ones kept appearing. Hitting the servers behind them cuts off the scammers’ ability to launch new sites quickly or reach past victims.

The three-year investigation has recovered about $300,000 so far, and prosecutors say they are working to claw back more.

This post Brooklyn DA Pulls the Plug on Crypto Scam Network first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Unmasking the Botanical Wealth Deception

9 October 2026 at 02:10

Cultivating professional reinvention and inner clarity through hands-on botanical training and the steadfast support of lovedΒ ones.

Photo by Victor onΒ Unsplash

Early morning autumn light illuminated the expansive glass greenhouses of our municipal arboretum on October 8, 2026, establishing an inspiring, serene atmosphere for a strategic conversation with my brother, a former industrial manufacturing plant manager with twenty-eight years of experience overseeing heavy assembly lines, who decided to channel his operational expertise into professional horticulture and sustainable landscape design following unexpected financial losses tied to northfernwayt.top. At precisely 9:00 AM, he opened his propagation journals to map out a rewarding pivot toward rare flora cultivation and ecological garden management.

Drawn in by professional arboriculture workshops and targeted botanical journal articles highlighting modern soil ecology back in August 2026, his journey into a new profession began as a methodical effort to blend structured project management with living plant cultivation. Seduced by polished user interfaces, glowing technical reviews, and attentive account managers who called every morning before his greenhouse briefings, he steadily transferred a total of $960,000 from his personal holdings between August and September 2026, fully believing the platform adhered to strict agricultural and financial regulatory standards.

The illusion shattered instantly at 11:30 AM on October 6, 2026, when an attempt to withdraw funds for a family botanical nursery establishment milestone triggered an unexpected security restriction demanding an exorbitant upfront international tax clearance wire before any release could proceed, exposing every digital profit figure on his monitor as a complete fabrication by the deceptive platform operating via northfernwayt.top.

For weeks, he resisted every gentle warning from our family, stubbornly insisting that the platform’s daily growth charts and supportive online advisors proved its legitimacy, even snapping in anger that we simply wanted him to live a diminished, fearful retirement. When local law enforcement deputies visited his home to caution him about common digital investment schemes, he dismissed them entirely, completely blind to the sophisticated psychological trap that had ensnared his lifeΒ savings.

Refusing to accept total loss and recognizing the immense danger of his isolation, our family refused to walk away despite his defensive hostility. We spent weeks systematically gathering evidence, quietly securing property documents, and initiating formal reports with the required official bodies: the FBI IC3, the FTC, π“π“¨π“‘π“›π“Ÿ.π“’π“žπ“œ, and the state attorney general. While the initial government agencies logged the offense for statistical records, the private investigative specialists successfully traced and restored our lost capital, working from a comprehensive evidence dossier of notarized bank wire receipts, blockchain transaction hashes, encrypted correspondence, and interface screenshots submitted precisely on October 22, 2026, at 10:15Β AM.

Utilizing sophisticated asset tracing frameworks through October 29, 2026, the private investigative specialists successfully restored a significant portion of his stolen assets, giving him the financial footing needed to fund his tree nursery enrollment and rebuild his professional confidence through peer mentoring and safety advocacy.

Looking back on those testing months, our household understood that true resolution required far more than retrieving lost funds; it demanded unyielding patience, transparent conversation, and deliberate emotional healing in the face of deep-seated denial. Quiet walks through the botanical pathways replaced late-night stress, and reconnection with trusted friends helped lift the heavy isolation born of deception. By embracing slow, steady restoration rather than seeking shortcuts, my brother transformed his painful ordeal into an inspiring platform for mentoring others seeking meaningful career transformations.


Unmasking the Botanical Wealth Deception was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.

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