Hackers and scammers have begun to see the crypto industry as a valuable stage, as the number of crypto-related violations is clearly on the surge. A recent bust by the United States has put a stop to an array of hacks. Hackers Eye Crypto Mining Rewards The United States Department of Justice recently shared an announcement […]
Crypto Scam
CFTC Charges 4 Men For Making Nearly $1 Million Via Bitcoin Scam
Almost every technological or financial innovation is manipulated by scammers and hackers to make money easy. Every day, news of the scams or authorities busting these fraudsters surfaces in the crypto-verse. A prominent financial regulator charging four men for a recent crypto scam in the United States is the latest buzz in the crypto town. […]
American Rapper T.I. In Troubled Waters For Endorsing Fraudulent ICO
Initial Coin Offerings [ICO] captured the attention of the entire crypto-verse a few years ago. However, it has also paved the way for several fraudulent platforms to enter the industry. While some say that the ICO bubble burst, the scams linked to it have been prolonged. More recently, a prominent actor along with a few […]
Bitcoin Trader Robbed of More Than $350,000 Gets Justice as Main Accused Gets Charged in Singapore
Ever since the inception of the cryptocurrency industry, it has witnessed several cases of scams and fraudulent activities. Sometimes these events tend to go overboard in the physical world as well. This week, a court in Singapore adjudged that the last member of a three-member gang who stole thousands of dollars from a Bitcoin trader […]
New York Supreme Court Summons Bitfinex For Video Conference
With scams and attacks having found a place in the crypto-verse, the involvement of law enforcement is inevitable. While some cases have been put to rest, a few others continue to seek justice in court. One such ongoing case between Bitfinex’s parent company iFinex and the New York Attorney General [NYAG]. As per recent updates […]
Brave Browser Integrates Anti-Phishing Solutions To Prevent Crypto Scams
Prominent privacy-centric web browser, Brave has been making headlines lately with several updates along with its Gemini integration to enhance its crypto features. The platform once again made news following its association with a cybersecurity firm, PhisFort. Protection Against Crypto Scams As the popularity and the value of the crypto industry have been progressing rapidly, […]
Tim Draper’s BCH Endorsement Was The Outcome Of A Hack, Affirms OpenNode Founder
Twitter users are subjected to many hacks but a new tweet from a billionaire created an uproar in the crypto-versus. This tweet left Crypto Twitter puzzled as some believed he had been hacked while several suggested otherwise. The latest reports however show he’s been hacked. Paid Tweet Backfired? Last week, prominent Venture Capitalist, Tim Draper […]
Argentina Border Crossing Process Affected as Bitcoin Scammers Take Off with Sensitive Information
Scams and frauds have become prevalent in the cryptocurrency industry, with the community taking precautions against the devastating consequences they can have. Over the last few years, the world of virtual assets has done its best to combat this pariah, but even then, one or two major issues are still emerging. The latest scam to […]
BitClub Network Ponzi Scheme Case Moves Forward; Accused Pleads Guilty
Ponzi schemes have become a part and parcel of the crypto ecosystem. However, the regulators and law enforcement aren’t far behind as they sooner or later, get hold of the ones behind the scams and the hacks. The latest news pertaining to the BitClub network Ponzi scheme stands as substantial proof. The Confession Back in […]
South Korean Authorities Raid Bithumb for Alleged Fraud Over BXA Token
Bithumb, one of the largest cryptocurrency exchanges in South Korea, has reportedly been raided by Seoul police in connection with suspected investment fraud related to the issuance of a BXA token. According to the reports by Seoul Shinmun, Seoul Metropolitan Police Agency’s Intelligent Crime Investigation Unit officers conducted search and seizure investigations at the exchange’s […]