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In the time it takes you to read this sentence, $850 will have been lost to cryptocurrency scams. In the time it takes to complete this article, that figure will have risen to $17,000. Phishing; fraud; theft; hacking; it’s all rife. In the first two months of 2018, there were 22 separate scams involving thefts … Read more
You’ve heard of the scheme, seen the tweets, and been smart enough not to send cryptocurrency in the promise of receiving more back. The Twitter crypto scam, in which fraudsters impersonate the accounts of exchanges and influencers, is as simple as it is pernicious. While the odds of anyone falling for these scams is remote, … Read more
Last year, Apple’s co-founder Steve Wozniak (Woz) revealed he’d purchased bitcoin, likening it to being better than gold. And then, months later, Woz announced he’d sold it all. In the process of selling off his gains, it turns out he was defrauded out of a substantial sum. Also read: How To Regain Control From Nanny Zuck … Read more
Jon E. Montroll, a 37 year old from Texas, is now facing up to 30 years in jail for perjury and obstruction of justice. The operator of Weexchange and Bitfunder is accused of repeatedly lying to the SEC under testimony in an effort cover up massive client losses after being hacked. Also Read: US Federal … Read more
US SEC and DOJ move against founder of former crypto exchange BitFunder for fraud, obstruction, and perjury. #NEWS Go to Source Powered by WPeMatico
Scammers are a dastardly, low down bunch. Preying on the gullible, extorting the vulnerable, and hoodwinking the hoodwinkable with their promise of free bitcoin if you send a little first and daily interest on your Bitconnect loan. It’s an indisputable fact that if the cryptocurrency space were cleansed of scammers, the web would be a … Read more
PlayHall is a blockchain platform for holding regular skill-gaming tournaments and matches between users. In skill-games, your success does not depend on luck but on your skills and intelligence. In matches and tournaments held on the platform gamers will be able to win liquid cryptocurrency, which today can be quickly exchanged for fiat money. All … Read more
The U.S. Commodity Futures Trading Commission (CFTC) has issued its first warning against pump-and-dump schemes involving cryptocurrencies while giving advice on how to buy crypto. This warning follows previous warnings by two other U.S. regulators. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies CFTC’s Warning The CFTC issued a Customer Protection Advisory … Read more
Lawsuits filed in the US last week against BitConnect promoters and executives were released to the public. The identities behind the alleged ponzi scheme including director Glenn Arcaro were unraveled, and several plaintiffs have claimed that the founders of OneCoin, another large-scale ponzi scheme, were involved in BitConnect. Several lawsuits filed earlier this month suggested … Read more
Thai police have arrested a Russian national that reportedly had over 100,000 in BTC for his alleged participation in an international cybercrime organization. #NEWS Go to Source Powered by WPeMatico
