2023-2-7 11:50 |
According to a recent revelation, Webverse co-founder Ahad Shams revealed loosing $4m to crypto frauds. According to him the two frauds disguised as business men while carrying out the scum. origin »
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According to the U. K Police, crypto-linked frauds have surged significantly in 2021. In fact, as per reports, victims lost over $200 million in the first nine months of the year alone. What's more, thThe post U.
2021-10-20 21:00 | |
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Crypto frauds are on the rise, according to the US Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy (OIEA) and Division of Enforcement’s Retail Strategy Task Force (RSTF).
2021-9-9 19:00 | |
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Over three-quarters of the total cryptocurrency hacks in the first seven months of the year occurred in decentralized finance (DeFi) space, according to a report from crypto intelligence company CipherTrace.
2021-8-12 16:56 | |
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Popular social media platform TikTok started a crackdown on promoters of financial services products such as share trading, buy now pay later, and cryptocurrencies. According to the new update, the platform wants to stop the growing surge of frauds and unsuitable high-risk investments on social media.
2021-7-11 16:07 | |
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According to a Forbes report published on April 27, 2020, non-profit platform Coupon Bureau is set to adopt Hedera Hashgraph’s blockchain to mitigate risks associated with coupon fraud. Hedera Hashgraph Blockchain to Tackle Coupon Frauds Coupon Bureau, an industry-managed coupon data exchange platform that comprises retail giants including Target and General Mills, among others, isRead MoreRead More.
2020-4-28 23:00 | |
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A woman from New York State committed various financial frauds in order to fund terrorist organisation ISIS, according the U.S. Department of Justice (DoJ). Zoobia Shahnaz has now been sentenced to 13 years in prison by Judge Joanna Seybert at the District Court in Islip, Long Island, for providing material support worth over $150,000 to […]
2020-3-16 13:25 | |
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According to a Forbes article published on June 27, 2019, Irish cryptocurrency exchange Bitsane has suspiciously disappeared from the market leaving almost 246,000 users without their digital assets.
2019-6-29 19:00 | |
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By CCN: John de Mol, who is behind the reality television hit show “Big Brother,” blames Facebook for scammers using his likeness on fraudulent bitcoin-fueled ads that stole nearly $2 million from investors.
2019-6-6 22:30 | |
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According to a report from the Financial Times, the number of crypto and forex scams had increased three-fold in the past financial year, increasing from 530 to 1,834 in 2018-19. The net loss associated with the frauds summed to $34 million.
2019-5-21 22:00 | |
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Cryptoasset prime dealer and trading platform SFOX revealed that they have partnered with the New York-based M. Y. Safra Bank to offer its trader with deposit accounts insured by Federal Deposit Insurance Corp.
2019-5-15 15:20 | |
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The Congress of the Rebulic of Colombia has proposed a bill to regulate cryptocurrency transactions and prevent crypto users from falling victim to growing frauds, this according to a report from Competition Policy International May 13, 2019.
2019-5-15 05:00 | |
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With the newfound ubiquity of bitcoin and other cryptoassets, bad actors keep formulating various ways to defraud unsuspecting crypto hodlers. Now OKEx, a highly-reputed Malta-based exchange has warned its users to beware of impersonators, according to a Tweet on May 3, 2019.
2019-5-5 23:34 | |
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Cryptocurrencies like bitcoin are Ponzi scheme and deserve to be banned to protect investors, at least according to Anurag Agarwal. The joint secretary for India’s Ministry of Corporate Affairs accused bitcoin of simplifying financial frauds in the Indian markets.
2019-5-4 14:00 | |
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According to a report released by CipherTrace on May 1, 2019, the losses related to cryptocurrency thefts and frauds have climbed over $1. 2 billion in the first quarter of the year. Losses Are Estimated to Be Much Higher Despite the crypto and blockchain industry decelerating as compared to 2018, the scams and thefts haven’t stalled.
2019-5-1 21:00 | |
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The outspoken John McAfee has claimed on multiple occasions to know the true identity of the pseudonymous Satoshi Nakamoto. According to McAfee, frauds claiming to be the real Satoshi are hurting the space.
2019-4-18 21:39 | |
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According to a March 18, 2019, working paper published by former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad, the large gap in crypto-regulations in the U. S. has led to continual frauds and weak investor protection in the budding cryptocurrency ecosystem.
2019-3-21 00:00 | |
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A virtual bitcoin mining farm in Thailand has allegedly scammed users out of 42 million baht (approximately $1. 35 million), according to a report in the Bangkok Post. 30 victims have filed a complaint against the company, CryptoMining.
2019-2-19 13:41 | |
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The Commodities Futures Trading Commission (CFTC) won a court case against a cryptocurrency promoter that cheated investors by running “a bold and vicious fraud. ” According to Bloomberg on August 24, 2018, the CFTC managed to ban the cryptocurrency operator permanently, Patrick McDonnell ordering, him to pay a hefty fine in restitution and penalties.
2018-8-25 17:00 | |
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Analysts note a brewing feud between Bitcoin maximalists and XRP supporters after known Bitcoin advocates spread negative narratives against Ripple’s virtual token. An executive at Ripple explained why the so-called Bitcoin maxis are trying to rip down XRP, saying that advocates of the firstborn crypto are not in favor of a “level playing field” for […]
In response to a phishing operation especially meant to target users of the cryptocurrency exchange Coinbase, David Schwartz, Chief Technology Officer of Ripple, has issued a warning to the XRP community.
An investigation by Zachxbt has uncovered the disturbing evolution of Serpent (SerpentAU), a former pro Fortnite player turned crypto scammer. Once celebrated as a gaming talent in Australia, Serpent’s descent into fraud highlights a troubling shift from esports fame to orchestrating meme coin scams and gambling away stolen funds. Serpent’s […]
A detained social media influencer could be heading to a Russian penitentiary and staying there for about 10 years to live out her sentence for committing crypto fraud. Valeria Fedyakina, dubbed the “Crypto Queen,” is at the center of multiple charges of large-scale swindling activities that reportedly included funding the Ukrainian military amid the ongoing […]
A recent vulnerability in the Bedrock DeFi smart contract led to the loss of approximately $1.7 million, adding to the growing list of crypto exploits in 2024. The issue stemmed from a flaw in the contract’s mint function, which mistakenly cast staked Ethereum (ETH) into the same quantity of uniBTC, […]
Binance, the world's largest cryptocurrency exchange, has helped India's Enforcement Directorate (ED), the authority investigating financial crimes, in the arrest of four individuals in a gaming scam worth $47.6 million, the exchange said on Wednesday.
A cryptocurrency scammer has pleaded guilty to defrauding multiple individuals by promising lucrative gains via an artificial intelligence-powered trading bot. According to a report from 5news, Kolin Lukas Deshazo, a resident of Springdale, California, orchestrated a cryptocurrency investment scam involving…