Darknet financial scammers are selling cold, hard cash for only 10 to 12 cents on the dollar to buyers willing to provide a prepaid fee in Bitcoin, security res...
Bitcoin Scams News
A scam is a way to steal money from people under false pretenses. The main feature of a Bitcoin scam, compared with other ways of stealing money, is that it usually takes advantage of people’s trust and negligence. Currently, the cryptocurrency market is not regulated enough to protect people from scams, so that is why it is such a common thing among users of digital currencies. Since many people try to earn money by investing in new projects that are related to cryptocurrency, ICOs are one of the most popular ways to commit fraud. Besides that, some emerging cryptocoins use a financial pyramid system. In addition, to avoid scams, it is better to use a verified exchange or trading platform.
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by Joeri Cant
The U.K. arm of cryptocurrency exchange Coinbase settled a lawsuit with a man who lost 80 Bitcoins in an email phishing attack.
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Chinese police reportedly closed the offices of local initial coin offering startup GXChain.
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Four out of the first five results presented when querying Google for a “bitcoin qr generator” lead to scam websites that generate false qr codes.
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A 48-year old Thai man who called himself the “cryptocurrency wizard” has been arrested in Bangkok over his alleged role in a $16.3 million crypto exchange frau...
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Fifteen men suspected of paying an internet café administrator to secretly mine cryptocurrency have been arrested in China.
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A United Nations official warned that cryptocurrencies have made combating money laundering significantly harder.
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The suspect behind the massive Capital One data breach also allegedly hacked cloud customers’ servers to mine cryptocurrency for herself.
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by Helen Partz
Thailand’s securities regulator has warned the public about scam entities posing as legal crypto trading firms operating overseas.
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by Helen Partz
To date, Chinese exchange Huobi has processed the highest number of withdrawals from the alleged crypto Ponzi scheme PlusToken’s recent multibillion-dollar move...
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by Helen Partz
Two Indian-origin Canadians are charged in the U.S. with a $230K Bitcoin fraud using a fake Twitter account of HitBTC exchange.
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The liquidator of hacked cryptocurrency exchange Cryptopia claims to have made progress toward securing and preserving funds.
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Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to be tied to government...
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Over $240 million in suspected proceeds from crypto exit scheme PlusToken have moved in four Bitcoin transactions.
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The white hat hacker who compromised crypto exchange Binance Jersey's domain name and Twitter account will be compensated for cooperation.
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