Fraud News

Cryptocurrencies promise a lot of security and privacy for the users, but reality is that cryptocurrency use often creates victims of different types of scams, such as digital theft, hacking, phishing and the major cryptocurrency scam – fraud. These frauds can exist in different forms – promising, but fraudulent, ICO’s that don’t inform their investors about the risks and might not have a physical address; cryptocurrency investment platforms that vanish after gathering enough money; and fraudulent cryptocurrency exchanges that utilize multiple tactics to cheat their users. Blockchain technologies are relatively new and the hype that surrounds them poached a lot of low-skilled investors into the field. This has become such a problem that, according to the latest news on cryptocurrency fraud, Twitter has even banned ICO-ads in order to protect its users from fraudulent schemes.

News
Soccer star Kylian Mbappé filed a complaint against an allegedly cryptocurrency scam network under investigation by French police.
French Soccer Star Claims Crypto Scam Impersonated Him
Felipe Erazo
2020-03-31T20:51:00+01:00
1694
News
Ripple will allocate funds to non-profit organizations in favor of fighting the coronavirus pandemic.
Ripple Labs Donates $200k to Combat COVID-19 Pandemic
Felipe Erazo
2020-03-27T02:00:00+00:00
1886
News
The U.S. government has rejected the claim of alleged OneCoin money launderer Mark Scott that it failed to produce sufficient evidence against the former attorn...
Feds Fight Motion to Dismiss Case Against One Coin Crypto Scam Lawyer
Samuel Haig
2020-03-25T12:12:00+00:00
3338
News
The Texas State Securities Board urges investors to exercise caution when dealing with cryptos in the midst of COVID-19 pandemic.
Texas Regulator Warns of New Crypto Frauds Amid Coronavirus Outbreak
Felipe Erazo
2020-03-24T21:09:00+00:00
1525
News
A scam YouTube account is impersonating Ripple CEO Brad Garlinghouse to promote a fake 50 million XRP airdrop.
YouTube Scam Impersonates Ripple CEO Garlinghouse for Fake XRP Airdrop
Helen Partz
2020-03-24T14:02:00+00:00
4101
News
The U.S. CFTC joins the list of global authorities warning the public against crypto scammers trying to capitalize on the widespread coronavirus fears.
Alongside Market Relief Package, US CFTC Warns of COVID-19-Linked Crypto Scams
Helen Partz
2020-03-23T22:11:00+00:00
3010
Interview
Cointelegraph spoke to the CEO of Attestiv on his company’s recent $2M raise, deep-fakes, and the role of blockchain in combating fake news.
Attestiv CEO on Using DLT to Fight Fake News, Insurance Fraud, and Deep-Fakes
Samuel Haig
2020-03-22T17:00:00+00:00
1615
News
Two Canadian nationals will spend 24 months in a U.S. federal prison for stealing 23.2 Bitcoins in a scam executed on Twitter.
Two Canadians Sentenced to Prison Time in US for Bitcoin Theft
Samuel Haig
2020-03-18T12:34:00+00:00
3981

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