Please note, this is a STATIC archive of website cointelegraph.com from October 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

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
Impersonation scams continue to permeate the cryptocurrency space.
KuCoin Warns of Impersonator Website Offering Incentives to Deposit Crypto
Jack Martin
2020-08-19T13:01:00+01:00
18338
News
Proceeds were spent on luxury cars, jewelry and real estate, rather than cryptocurrency mining and trading, surprise-surprise.
AirBit Club Ponzi Operators Charged With Fraud and Money Laundering
Jack Martin
2020-08-19T10:07:00+01:00
14009
News
The NCSC has gone scorched earth on crypto scams.
UK Crackdown Pulls Thousands of Crypto Scams Offline
Felipe Erazo
2020-08-14T17:34:00+01:00
4796
News
The $150,000 worth of Bitcoin was allegedly being used to launder money gained through fraudulent support loan applications on behalf of dummy businesses.
Bitcoin Proceeds of COVID-19 Business Support Scheme Fraud Seized
Jack Martin
2020-08-14T12:39:00+01:00
2708
News
How does such a seemingly omnipotent company fail to do something so basic?
Google Ads is Failing to Protect People From Crypto Scams
Benjamin Pirus
2020-08-12T20:00:00+01:00
4025
News
The Cyprus Securities and Exchange Commission blacklists another batch of allegedly illegal firms offering crypto and FX trading.
Cyprus SEC Blacklists 7 Investment and Crypto-Related Websites
Helen Partz
2020-08-11T11:15:00+01:00
7009
Breaking news
California authorities recently came out with a fresh cautionary statement on crypto crime.
California's Attorney General Warns People to Be Wary of Crypto Scams
Benjamin Pirus
2020-08-07T19:12:00+01:00
4107
News
Australian YouTuber Dagogo Altraide posted a new video to his 2.5M subscribers detailing the fall of FinTech company Wirecard.
‘The Enron of Europe’ — What We Know So Far About the Wirecard Scandal
Turner Wright
2020-08-07T03:17:00+01:00
4158

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