2024-11-19 00:00 |
DeFi app Polter became the victim of a “classic” flash loan exploit, and a man was sentenced to 24 years for crashing a bank with a crypto scam. origin »
Bitcoin price in Telegram @btc_price_every_hour
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A U. S. federal court has sentenced a key figure behind a global cryptocurrency investment scam to 20 years in prison, capping one of the largest crypto-fraud prosecutions tied to so-called “pig butchering” schemes.
2026-2-10 10:12 | |
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Daren Li is looking at a maximum of 20 years in prison after pleading guilty to his role in laundering crypto in a $73 million scam.
2024-11-13 09:13 | |
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I don’t think Donald Trump actually changed his mind on cryptocurrency much at all since three years ago… I think he just wants in on the scam.
2024-11-5 15:41 | |
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Pi Network pioneers are patiently waiting for the platform’s airdrop, which is expected to happen later this year or in 2025. However, most of them have abandoned the project since it has been around for over five years, and the token listing may be delayed.
2024-9-26 07:02 | |
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Yang Bin, the former second-richest man in China, has been sentenced to six years in a Singapore prison for operating a multi-million-dollar Ponzi scheme disguised as a crypto investment operation. Related Reading: Bitcoin Mine Busted In Thailand Following Mysterious Power Outages The 61-year-old Chinese-Dutch national, pleaded guilty to eight charges that ranged from conspiring to […]
2024-8-27 23:00 | |
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ETH faces sell-off fears after $2 billion in Ethereum transfer. PlusToken ponzi scheme linked wallets have moved after 3 years Over the last week, the crypto market has witnessed dark days.
2024-8-9 23:00 | |
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The stunning fall of Sam Bankman-Fried’s (SBF) once-mighty FTX exchange, in November 2022, is still causing havoc in the crypto space. Nearly two years later, the legal reckoning is still ongoing as former FTX executives Nishad Singh and Gary Wang are ready to face punishment for their part in the multi-billion dollar scam. Related Reading: […]
2024-7-11 23:30 | |
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Crypto scam ads promising wild riches have appeared on Facebook for years, yet there seems to be little progress in stopping them once and for all. With every passing week, the number of audacious crypto scam ads online — and…
2024-6-27 13:55 | |
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Three UK nationals face charges for a $3 million Evolved Apes NFT scam. Promising a game, they pocketed funds. Read about the charges and what this means for investors. The post Evolved Ape Creators Face 20 Years for Alleged Fraud appeared first on NFT News Today.
2024-6-7 04:18 | |
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Bitcoin was called a “scam” and a “threat to the US Dollar” by former President Donald J. Trump as late as 2021. Fast forward three years later, and he leaves no stone unturned to court the pro-Bitcoin electorate.
2024-5-21 23:26 | |
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OneCoin, the cryptocurrency project that morphed into a notorious pyramid scheme, continues to cast a long shadow. Yesterday, Irina Dilkinska, the former head of Legal and Compliance for OneCoin, was sentenced to four years in prison by US District Judge Edgardo Ramos for her role in the multi-billion dollar scam. Related Reading: Move Over Gold, […]
2024-4-4 18:00 | |
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EmpiresX’s “Head Trader” Joshua David Nicholas, 28, faces up to five years in prison for his role in the scam.
2022-9-8 22:19 | |
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Along with the rise in popularity of cryptocurrency trading worldwide, there has been a significant increase in the number of crypto scams or frauds. In the UK alone, there have been 34,305 allegations of criminal behavior involving cryptocurrencies since 2016.
2022-7-16 23:00 | |
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Mining is a great way to understand cryptocurrency much deeper and earn money by mining cryptocurrencies. One of the most common ways of mining is hardware mining and it’s been used for 10 years.
2022-6-5 13:42 | |
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Criminals continue to use Money Saving Expert founder Martin Lewis’ image to defraud investors via Facebook Ads, despite Lewis settling a lawsuit with Facebook’s parent Meta over the illegal use of his photos in such scams years ago, The Independent reported.
2022-5-11 07:45 | |
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A Turkish prosecutor wants to slap the founders and executives of the Thodex cryptocurrency exchange with what could be the harshest prison sentence of all time. Bloomberg reported Friday, citing Demiroren News Agency, that the charges against Istanbul-based Thodex crypto exchange seeks sentences of up to 40,564 years for each of the 21 accused. According […]
2022-4-2 19:00 | |
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Seven V Global executives have been found guilty of misappropriating 2 trillion KRW ($1.9 billion) in the latest verdict on Friday, as per reports. While the six of them will serve varying jail-time oThe post S Korea: Former CEO of V Global gets 22 years jail over $1.9 billion scam appeared first on AMBCrypto.
2022-2-12 02:30 | |
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A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000.
2020-6-17 11:44 | |
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In a tragic event, Eric Savics, the host of the ”Protocol Podcast” lost all his bitcoin savings — 12 BTC worth over $100k — that he accumulated over 7 years in a hardware phishing attack. “I had all of my Bitcoin stolen from me in a hardware wallet phishing scam.
2020-6-14 19:29 | |
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A victim of a hardware wallet phishing scam, an entrepreneur, has got over 12 BTC stolen and asks CT for help, CZ Binance promises to block the scammers Bitcoin address
2020-6-13 14:04 | |
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Fraud is a sad but inevitable part of the cryptosphere. Cases of exit scams, in particular, have been surging in recent years. The latest case of a suspected scam involves a crypto wallet associated with EOS.
2020-4-22 21:16 | |
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When we look at the crypto marketplace throughout the last couple of years, we’ll notice the space was populated by quite a few scam projects. Bitconnect, Davos, Onecoin are probably the ones that come to mind to most crypto enthusiasts when thinking about this subject.
2020-3-18 17:02 | |
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Retired UFC fighter Ben Askren, who is known for supporting several cryptocurrencies in the last few years, recently stated that he thinks XRP is a scam. UFC fighter bashes XRP, calls it a ‘scam’ XRP, currently the third-largest cryptocurrency in the world by market cap, has seen its fair share of accusations over the years.
2020-1-29 15:00 | |
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Over the years, scammers have been blamed for triggering bear markets by gradually offloading stolen assets. Now a blockchain forensics firm has examined the PlusToken scam by tracing the on-chain movements.
2019-12-21 14:08 | |
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Since its inception over ten years ago, Bitcoin has drawn a multitude of criticism. We, in the community, have had to contend with swipes about volatility, illegitimacy, and perhaps most cutting of all, that it’s a scam.
2019-7-24 12:58 | |
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Law enforcement agencies around the world have recently begun extricating themselves from expensive, ineffective predictive policing systems. The machine learning equivalent of psychic detectives, it turns out, simply doesn’t work.
2019-7-9 01:08 | |
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The South Korean-based cryptocurrency wallet PlusToken has allegedly conducted an exit scam, stealing users’ funds. According to a recent report released by FinanceMagnates, the funds stolen are valued at over $3 billion from individuals using the wallet.
2019-7-2 17:53 | |
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An alleged moderator of AlphaBay, a dark web marketplace, has been indicted for facilitating sales on the site before law enforcement shut it down as a result of Operation Bayonet. According to court documents, the moderator received numerous payments in Bitcoin.
2019-6-25 11:24 | |
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Even though it would appear the cloud mining industry has all but disappeared in recent years. Considering how most companies are complete scams, that is not unlikely either. It would appear one new company is trying to make a name for itself, albeit there are plenty of warning signs to show this is a potential […] The post 4 Crucial Signs Indicating Coinexos is a Potential Cloud Mining Scam appeared first on NullTX.
2019-6-23 23:00 | |
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The latest court-ordered report into the QuadrigaCX scandal arrived yesterday with some pretty damning claims of fraudulent activity. These include founder and CEO, Gerald Cotten, embezzling customer funds to margin trade (badly) on other exchanges for years.
2019-6-20 13:00 | |
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Tether Ltd. Releases Bank Statements, Showing Proof that It Has Enough USD to Back USDT in Circulation Tether is one of the most popular stablecoins in existence and is also a very controversial one and it has been involved in several scandals over the last few years. Since it gained popularity it had been accused […]
2019-6-12 16:22 | |
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Over the past few years, a fair few things have changed in the cryptocurrency industry. Currencies have come and gone, as have projects, blockchains, and noteworthy figures. One trend which will always remain is the cryptocurrency scam, in many different shapes and forms.
2019-6-11 17:00 | |
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The Wolverine Can Make You Rich – Bitcoin Scam Security in the cryptosphere is really serious business with pretty much any kind of crypto project bending over backward to ensure the security of not just funds belonging to their customers but also privacy regarding their users’ personal information. For many years, cybercriminals have devised many […]
2019-6-10 20:58 | |
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The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.
2019-6-4 19:03 | |
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The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2.
2019-5-25 21:56 | |
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By CCN: Warren Buffett sidekick Charlie Munger likened “bitcoin people” to the apostle who betrayed Jesus. Meanwhile, he views scandals set in motion by Wells Fargo executives as an ‘honest mistake.
2019-5-7 20:30 | |
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By CCN: Callaway Crain and Mark Sanchez recently pleaded guilty to money laundering in New York. Investigators allege the pair earned close to $3 million selling steroids and controlled substances, mostly in bitcoin.
2019-4-25 23:15 | |
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In what the Manhattan District Attorney calls the first crypto money laundering conviction in New York, two defendants have pleaded guilty to running a drug trafficking business that laundered millions of dollars in Western Union and crypto payments.
2019-4-25 20:37 | |
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By CCN. com: A 21-year-old Boston man has been sentenced to 10 years in jail for stealing $7. 5 million in bitcoin and other cryptocurrencies by hacking his victims’ cell phones through a practice called “SIM swapping.
2019-4-23 14:36 | |
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By CCN. com: A 21-year-old Boston man has been sentenced to 10 years in jail for stealing $7. 5 million in bitcoin and other cryptocurrencies by hacking his victims’ cell phones through a practice called “SIM swapping.
2019-4-23 14:36 | |
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IP2PGO App is an escrow P2P marketplace where users can trade ERC20 tokens using local fiat currency. Launched in Oct 2018, it is now available as localised Apps in 11 countries with over 4800 users.
2019-4-20 03:33 | |
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A Bitcoin scam that has been tried many times over the last few years appears to be having a lot of success in the Netherlands. It has so far, it is believed to have racked up at least $1. 92 million since the start of 2018.
2019-4-13 02:00 | |
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Okay, Green New Deal supporters. You’re on notice that this widely-pitched effort has a predecessor that preyed on people who fell for a bogus company that touted clean energy solutions. Its sinister founders even managed to hoodwink former President Bill Clinton.
2019-4-10 19:11 | |
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A special South Korean investigative agency in Seoul has successfully used Artificial Intelligence (AI) to unravel a cryptocurrency Ponzi scheme that defrauded 56,000 people of more than $18. 7 million.
2019-4-8 15:30 | |
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Have you ever heard of Jon Montroll? The man was arrested in February 2018 in connection to a scam which happened in 2013. Montroll was the founder of BitFunder, the platform in which the theft happened, and another platform called WeExchange.
2019-3-29 03:14 | |
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AriseBank CEO Jared Rice, who faced 120 years in prison for defrauding investors of $4 million in a cryptocurrency scam, has pleaded guilty. The cryptopreneur plead guilty yesterday morning after standing in front of judges in Texas, local outlet Dallas News reports.
2019-3-21 17:54 | |
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Japanese regulators have reportedly approved draft amendments to the country's financial instruments and payment services laws, introducing stricter regulations for margin trading of digital assets.
2019-3-21 21:27 | |
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What Is CryptoMatic App? CryptoMatic is new cryptocurrency trading software that automatically trades Bitcoin over the internet. David Fox, the app creator, claims that he developed the app five years ago with the aim of making it possible to trade and benefit from Bitcoin.
2019-3-18 11:16 | |
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If you search the web for “My Big Coin,” you find a lot of seemingly-legitimate results. Even Crunchbase has a listing for My Big Coin. As recently as Valentine’s Day, the cryptocurrency project was tweeting to their more than 260,000 followers.
2019-2-28 22:50 | |
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Cryptocurrency scams that have been running for years in India are finally getting busted by the local police. Criminal investigation authorities in the Indian state of Gujarat have booked five people for running a fraudulent initial coin offering (ICO) called Bitstrades.
2019-2-27 19:07 | |
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