LC Insight
Friday, November 13, 2026Read the chain, not the rumors.

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#ScamAlerts

Scam alerts news and analysis from LC Insight: 5 stories, newest first.

Policy

SEC cases fall to 348 from 456 as crypto examples include a $95.6 million mining fraud

The SEC's fiscal 2026 enforcement results, released November 10, show 348 actions and $1.095 billion in ordered money. The crypto cases it highlights are retail frauds, from a $14 million fake platform scheme to an FTX audit case.

Security

Rumor vs record: is a hacker really selling 335.9 million Binance user records?

A "pay or leak" ad offering 335.9 million Binance records, private keys included, has been reshared online. We checked each claim against Binance's own pages and a threat intelligence firm's review. Nothing confirms it, and its headline number is close to a counter anyone can read on Binance's homepage.

Airdrops

Polymarket has no POLY token. So why is it still pursuing a POLY trademark?

Polymarket's help center says it has announced no airdrop and no token launch, and that all rewards are paid in pUSD. Meanwhile a February application to trademark "POLY" for crypto token services is still alive, with a reply filed on November 2.

Guides

What is a rug pull? How crypto exit scams work and 6 warning signs to check

A rug pull is when a project's own insiders take buyers' money and walk away, by draining the pool, printing tokens through a backdoor or dumping their supply. Most of the warning signs are public on-chain before you buy.

Security

A 100/100 token with bundlers among its top holders: how to read DeepSea's risk flags

DeepSea checks every tracked token for holder concentration, thin liquidity, team selling and bundled supply. After October's run of drains and fake apps, here is what those signals mean, with real examples, and why one score is never the whole story.