Category : Scams

Texas: Crypto AriseBank CEO Pleads Guilty to Deceiving Investors in $4.2 Million Case

After admitting to deceiving investors, the CEO of AriseBank will likely now face up to 20 years in prison

Report: Malware Targets Israeli Fintech Firms Working in Crypto, Forex Trading

Israeli fintech companies that deal with crypto and forex trading are targeted by malware, a cybersecurity company reports

Australia: Clients Take Crypto Fund Manager to Court, Cite $14.2 Million in Losses

Stefanos Papanastasiou, a crypto fund manager, is being brought to court in Australia by clients who claim over $14 million in losses

New Report Warns 87 Percent of Cryptocurrency Exchange Volume Is Potentially Suspicious

Another report has found highly untrustworthy volume statistics continuing to come from exchanges

BitGuards: Why the Crypto Elite Are Increasingly Relying on Personal Security

Crypto millionaires are hiring bodyguards, but new custodial solutions could make this unnecessary

Businesses Increasingly See Crypto Mining Attacks in Cloud Infrastructures

Crypto mining is one of the most observed objectives for attacking businesses’ cloud infrastructures, according to U.S. telecoms firm AT&T

Google Deletes Crypto Malware Targeting Blockchain.com, MyEtherWallet Users

Latest security mishap sees Google accidently host hacking extension

Canadian Police Asks for Public Assistance to Identify Bitcoin Fraudsters

The Calgary Police Service Cybercrime Team is seeking information on individuals allegedly involved in fraudulent Bitcoin transactions

EOS Block Producer Calls Reports of $3 Trillion EOS Transaction FUD After Payment Fails

Worries over the creation of a $3 trillion EOS transaction are unfounded, says an EOS block producer

Bitcoin Private Team Accuses Crypto Exchange HitBTC of Fraud After Delisting

Cryptocurrency exchange HitBTC has been accused of fraud by Bitcoin Private (BTCP) developers

CEO of Crypto City Project Bitcointopia Pleads Guilty to Selling Land He Didn’t Have

Morgan Rockcoons, aka Morgan Rockwell, has pleaded guilty to selling land he didn’t have and selling BTC without a money transmission license in the U.S.

US District Attorney Charges OneCoin Founders With ‘Billions’ in Alleged Fraud

A U.S. District Attorney has charged the founders of the OneCoin project with “wire fraud, securities fraud, and money laundering offenses”

Australia: Financial Regulator Suspends Two Crypto Exchanges in Drug Trafficking Case

The Australian anti-money laundering watchdog has suspended the operating licenses of two cryptocurrency exchanges in connection with a drug trafficking case

South Korea Establishes Special Task Force to Prevent Cryptocurrency-Related Crimes

The South Korean Supreme Prosecutors' Office has established a new task force to fight against crypto-related scams and fraud

Japan: Hacked IoT Devices and Cryptocurrency Networks Doubled in 2018

The number of hacked Internet of Things devices and cryptocurrency networks in Japan nearly doubled in 2018 when compared to 2017