Category : Scams

Leaders of South Korean Crypto Exchange Komid Jailed for Faking Volume: Local Media

In South Korea, the leaders of cryptocurrency exchange Komid have reportedly been sentenced to serve time in jail for faking exchange volumes

Taiwan Indicts Seven Allegedly Fraudulent Bitcoin Investment Managers

Taiwan: local media reports that seven people who allegedly managed a fraudulent crypto investment scheme have been indicted

Crypto Investor Names Primary Suspect in $24 Million SIM Swapping Case

A 21-year old American has been named as the main suspect in a $224 million lawsuit, accused of stealing ~$24 million in crypto

New Zealand Police Confirm Investigation Into Alleged $3.6 Million Hack of Cryptopia

The alleged hack at NZ exchange Cryptopia is now an official police matter, law enforcement confirms

NZ Exchange Cryptopia Reports Hack With 'Significant Losses'

New Zealand digital assets exchange Cryptopia has suspended services after reportedly detecting a major hack

Spanish Securities Regulator Adds 23 Forex and Cryptocurrency Exchanges to Warning List

23 unauthorized forex and cryptocurrency entities have been added to the warning list of the Spanish National Securities Market Commission

Cricket South Africa Briefly Falls Victim to $70,000 Bitcoin Twitter Scam

A failed attempt to illicitly gain Bitcoin ultimately netted attackers just $70 when they compromised Cricket South Africa’s Twitter account

Two Alleged Ethereum ‘Scam Forks’ Appropriating Users’ Private Keys, Report Finds

The private keys of users are reportedly being stolen by the Ethereum Nowa and Ethereum Classic Vision projects, according to a report

Maltese Celebrities Notify Police After False Report of Involvement in Crypto Investment Scheme

A Maltese actor and two TV show hosts notify the police following a fake news article about their involvement in a crypto investment scheme

Malware Study Claims Criminals Mined 4.4 Percent of Monero, Less Than Previously Thought

Previous estimates had put the Monero supply from mining malware at around 5 percent, but authors of the latest study claim their calculations point to a lower figure

From Bitconnect to SIM-Swap Swindling: 2018's Biggest Scams

From the fall of Bitconnect to elaborate sim-swap swindling, let's take a look at the biggest scams of 2018

Australian Federal Court Imposes Travel Ban, Fund Freeze on Bitconnect Promoter

John Bigatton, a promoter of $2.6 billion alleged Ponzi scheme Bitconnect, is now under a travel ban imposed by the Australia federal court

India: Fourth Suspect Arrested Following Alleged $70+ Million Crypto Scam

India: an associate of a group accused of conducting a $70+ million scam has been arrested

Hong Kong Entrepreneur Accused of Cheating Investors in Crypto Mining Investment Scheme

A Hong Kong-based entrepreneur has been accused of duping numerous investors in a cryptocurrency mining hardware investment scheme

Fake News Site Promotes Bitcoin With Image of Ex-New Zealand PM

The image of New Zealand’s former prime minister has been employed to promote an alleged cryptocurrency scam