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
The lawyers for Alexander Vinnik, the alleged operator of defunct crypto exchange BTC-e, have filed a complaint alleging violation of Vinnik’s rights.
Vinnik’s Children File a Complaint About Rights Violation to Greek Court
Helen Partz
2020-01-20T16:42:00+00:00
1772
News
A Canadian teenager has been charged with participating in a crime ring that stole over $50 million in cryptocurrencies, targeting Consensus 2018 attendees.
Canadian Teen Charged for $50 Million Cryptocurrency Theft
Andrey Shevchenko
2020-01-20T14:42:00+00:00
4404
News
Over 5,000 victims of the alleged crypto pyramid scheme Dunamiscoins have petitioned the Ugandan Parliament asking to refund money lost in the scam.
Ugandan Victims of Dunamiscoins Scam Petition Gov’t for Lost Investments
Helen Partz
2020-01-17T20:16:00+00:00
2532
News
The U.S. SEC has charged Boaz Manor and his associates with raising over $30 million through a fraudulent initial coin offering.
US SEC Charges Convict and Associates for $30M Fraudulent ICO
Ana Alexandre
2020-01-17T17:01:00+00:00
3084
News
A human rights lawyer representing victims of an alleged cryptocurrency pyramid scheme in Thailand is taking their case to the country’s Department of Special I...
Thai Officials to Investigate Alleged Cryptocurrency Pyramid Scheme
Marie Huillet
2020-01-16T11:17:00+00:00
2651
Follow up
Bitcoin scam ads featuring Martin Lewis appear on Instagram less than a year after Lewis settled a defamation suit with Facebook.
More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?
Osato Avan-Nomayo
2020-01-16T02:00:00+00:00
1787
News
CipherTrace launched a program to provide students with tools and analytics to detect and combat crypto scams.
Analytics Firm Training Students to Detect Cryptocurrency Scams
Rachel Wolfson
2020-01-13T14:19:00+00:00
2566
News
The allegedly North Korea-sponsored hackers known as Lazarus have deployed new viruses to steal cryptocurrency.
North Korean Hacker Group Modifies Crypto-Stealing Malware
Adrian Zmudzinski
2020-01-09T13:14:00+00:00
2465

Follow us on Facebook