Indian law enforcement has arrested four more suspects allegedly involved in a cryptocurrency scam that amassed nearly $17 million.
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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The former operator of now-shuttered crypto exchange BTC-e, Alexander Vinnik, has lodged an appeal with a Piraeus court for his release or extradition to Russia...
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The U.S. Attorney for the Northern District of Texas reportedly described Jared Rice’s plea as one of the first of its kind.
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According to a cybersecurity company, Israeli fintech companies are being targeted by malware.
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Cryptocurrency fund manager Stefanos Papanastasiou is about to be brought to court by his clients over alleged losses.
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A reports from trading analytics platform The Tie shows that the majority of exchanges may be faking their exchange volume.
- In depth
The crypto elite are hiring bodyguards, but that may change once the industry becomes more legitimate.
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by Helen Partz
American telecoms firm AT&T said that businesses are more seeing crypto mining attacks despite the ongoing bear market.
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The malicious Google Chrome web extension was tied to a fake token airdrop from cryptocurrency exchange Huobi.
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The Calgary Police Service Cybercrime Team has asked the public to assist in the identification of four individuals allegedly involved in multiple fraudulent Bi...
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Australia’s financial watchdog has shut down the operations of two crypto exchanges in connection with a drug trafficking case.
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The South Korean Supreme Prosecutors' Office has announced the establishment of a task force to fight crypto-related crimes.
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In Japan, the number of hacked IoT devices and cryptocurrency networks nearly doubled in 2018 when compared to the previous year.
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by Ana Berman
Iranian Bitcoin hackers used the WEX exchange to launder Bitcoin acquired through ransomware, according to a PwC report.
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QuadrigaCX probably stored a significant quantity of Ethereum in other cryptocurrency exchanges, the evidence shows.
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