Wirecard Exec Reportedly Used Bitcoin to Move Funds to Russia
Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin. Go to Source Powered by WPeMatico
scam
Auto Added by WPeMatico
Twitter Wouldn’t Be Hacked If It Were Backed by Blockchain Technology
The recent Twitter hack shows us that centralized infrastructure is still vulnerable, but DIDs, SSI and blockchains can change the paradigm. Go to Source Powered by WPeMatico
Gold Bug Peter Schiff: ‘Is the Twitter Hack a Harbinger for Bitcoin?’
Pavel Luptak — co-founder of Czech cryptocurrency community hub Parallel Polis — says Schiff’s suggestion has no foundations in reality. Go to Source Powered by WPeMatico
South African Investors to Lose $13 Million as Bitcoin Scammer Declared Bankrupt
A South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled investor, Simon Dix, a News24 report states. Willie Breedt is the CEO of the defunct Vaultage Solutions (VS), the company at the center of the alleged cryptocurrency scam. According to South … Read more
Blockchain Security: Preventing Fraud on Distributed Ledger Technology
The emerging distributed ledger technology industry has been threatened by various illicit activities. Here are some strategies you should know about to protect yourself. Go to Source Powered by WPeMatico
The SEC Goes After Modern Money Team for a Potential $12 Million Scam
A lot of cryptocurrency projects have found themselves in the crosshairs of the SEC. For the Modern Money Team, or MMT, it seems the allegations of fraud and misleading investors have some merit to them after all. Whenever a new company starts to promote cryptocurrency activities, scrutiny is warranted. Modern Money Team is in Serious Trouble … Read more
The CFTC Cracks Down on Firms Facilitating a $15 Million Crypto Scam
There has never been a shortage of cryptocurrency scams, nor will there be in the future. Two companies involved in a recent binary options scam have now been fined by the CFTC. When looking at crypto trading platforms, it is pertinent to separate the real ones from the fake. CFTC Hammers Down on Crypto Scams … Read more
CFTC Charges Multiple Firms for $15 Million Crypto and Binary Options Scam
U.S. and Israel-based firms were charged for promoting fake investment schemes and defrauding customers of $15 million. Go to Source Powered by WPeMatico
Onecoin Lawsuit Continues: Judge Lifts Stay Order, Investigators Search for ‘Crypto Queen’
In mid-April, news.Bitcoin.com reported on the unsealed indictment tied to the Onecoin cofounder Sebastian Greenwood. At the same time, U.S. Judge Valerie Caproni had placed a stay order on the case against Greenwood, Konstantin Ignatov, Mark Scott and David Pike. Now Judge Caproni has lifted the stay and the court case against the defendants can … Read more
Google Profits off Impersonations of Banned Cryptocurrency Celebs and Companies
Cryptocurrency companies are banned on Google but the platform is allowing phishing sites to impersonate them. London-based bitcoin exchange Coin Corner showed that a fraudulent site mimicking it is allowed on Google’s advertising platform though its own evidence-backed appeals of legitimacy to Google Ads have been constantly ignored. Coin Corner marketing manager Molly Spiers says … Read more
