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.

News
Coincurve’s Rod Hsu says facial recognition can stamp out social media Bitcoin scams.
Facial Recognition Could Help to Stamp Out Bitcoin Social Media Scams
Felipe Erazo
2020-08-09T16:00:00+01:00
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News
Brother of OneCoin’s missing founder, Konstantin Ignatov is no longer one of key figures in a civil case brought by OneCoin victims.
OneCoin Founder’s Brother Is Dismissed From Civil Class Action
Helen Partz
2020-08-07T21:37:00+01:00
12615
News
PlusToken, one of the greatest exit scams in history, defrauded investors of nearly $6 billion, according to latest reports.
27 Key Execs at PlusToken Scam Are Reportedly Arrested
Helen Partz
2020-07-30T12:07:00+01:00
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A government building in Hokkaido received a bomb threat from a group of crypto terrorists.
Crypto Scammers Turn Toward Terrorism With a Japanese Bomb Threat
Felipe Erazo
2020-07-29T19:33:00+01:00
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News
Two promoters of $4 billion crypto exit scam OneCoin have been found dead in Mexico.
Two OneCoin Promoters Found Dead in Mexico
Helen Partz
2020-07-14T15:58:00+01:00
15897
News
Whale Alert alleges that crypto scams are skyrocketing in 2020 compared to statistics from 2017.
Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far
Felipe Erazo
2020-07-13T20:53:00+01:00
4247
News
The Cardano Foundation has warned that a suspicious firm is trying to rake in investments by claiming contact with the foundation.
Cardano Foundation Warns About Suspicious Activities in Japan
Adrian Zmudzinski
2020-07-09T13:32:00+01:00
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News
A report released by crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility.
Binance Security Report Sheds Light On Crypto Scams
Adrian Zmudzinski
2020-07-02T03:49:00+01:00
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