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 latest reports suggest that North Korea could be encouraging the Lazarus group to steal crypto globally.
Kim Jong Un May Be Using Stolen Crypto to Offset Economic Fallout
Felipe Erazo
2020-05-14T22:45:00+01:00
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A security researcher discovered another 22 Google Chrome web browser extensions that tried to steal users’ cryptocurrencies.
22 More Crypto-Stealing Google Chrome Extensions Discovered
Adrian Zmudzinski
2020-05-08T19:08:00+01:00
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Belgium’s economic inspectorate reported $3.2 million in losses due to cryptocurrency fraud in 2019.
Belgium Losing $3.2M to Crypto Fraud in 2019 Is ‘Tip of the Iceberg’
Helen Partz
2020-05-08T16:21:00+01:00
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A series of scam emails sent from Japan have been asking people to donate to the Olympic Games’ organization in Tokyo.
Crypto Scammers Impersonate Members of Olympic Committee
Felipe Erazo
2020-05-02T05:00:00+01:00
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The creator of first PoW-based crypto says the vast majority of projects are just “recycling something that belongs to someone else.”
BTC Maximalists Are Right That 95% of Crypto Is a Scam, Says Emin Gun Sirer
Helen Partz
2020-05-01T20:32:00+01:00
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CoinCorner reports that Google Ads is running a phishing ad despite the firm being unable to use its service.
Google Keeps Promoting Crypto Scams Despite Strict Crypto Policies
Helen Partz
2020-04-30T21:30:00+01:00
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An investigation provided in-depth info regarding how sextortion scams remain profitable for cybercriminals.
Crypto Sextortion Scams Prove to Be Alarmingly Successful
Felipe Erazo
2020-04-22T22:45:00+01:00
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According to an FBI press release on April 13, the number of scams related to cryptocurrency may increase during the COVID-19 pandemic.
Crypto Holders Being Targeted by COVID-19 Scammers — FBI Warning
Turner Wright
2020-04-14T06:48:00+01:00
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