Fraud

JYS Group Crashes After 0M Investment—Chairman Fled to UK

JYS Group Crashes After $180M Investment—Chairman Fled to UK

Key Takeaways: JYS Group’s chairman, Lin Chunhao, claimed to have fled to the UK and released a farewell message outlining financial failures. Investors were recruited through seminars and promised returns as high as 9% on municipal infrastructure-related products. Much of the money was lost in areas including P2P lending, crypto trading, stock speculation, and promissory […]

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Crypto Space Lost M to Hacks in April 2025, Total Loss YTD Hits Whopping .74B

Crypto Space Lost $92M to Hacks in April 2025, Total Loss YTD Hits Whopping $1.74B

Hackers stole more than $92.4 million from crypto projects in April 2025. At the same time, the total losses for the first four months of the year alone surpassed $1.74 billion, according to blockchain security platform Immunefi. In April, the crypto space suffered a loss of $92,453,100 across 15 specific incidents. Per the report, this

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