Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 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
Investors in China launched a crypto scam after being deceived themselves — and got busted by the police.
Deceived Crypto Investors Launched Their Own Scam to Recoup Losses
Stephen O'Neal
2020-08-03T21:56:00+01:00
7363
News
Longfin, a blockchain-related firm that conducted a $27 million IPO in 2017, has been ordered to repay $223 million to investors.
Longfin Ordered to Repay $223M to Investors
Samuel Haig
2020-07-31T04:04:00+01:00
4213
News
The ASIC has received numerous reports on fake crypto trading robots and other schemes used to scam Australians.
Australian Watchdog Issues Warning on Fake Celebrity-Endorsed Crypto Ads
Felipe Erazo
2020-07-30T16:47:00+01:00
5307
News
PlusToken, one of the greatest exit scams in history, defrauded investors of nearly $6 billion, according to latest reports.
27 Key Execs at PlusToken Scam Are Reportedly Arrested
Helen Partz
2020-07-30T12:07:00+01:00
5474
News
Kaspersky Labs and other malware labs have identified a sharp rise in crypto-related scams in Russia during the first half of 2020.
Russian Crypto Scams Triple in First Half of 2020
Felipe Erazo
2020-07-30T01:38:00+01:00
4224
News
The purported investment fund is exhibiting some shady behavior.
AMFEIX Threatens Users Who Share Coverage That Criticizes the Company
Felipe Erazo
2020-07-28T22:46:00+01:00
7986
Analysis
New York’s State attorney general has wide latitude to investigate a foreign entity like iFinex, said a NY appeals court.
Stablecoin Issuers Be Warned: New York AG’s Arm Is Long
Andrew Singer
2020-07-25T15:00:00+01:00
14679
News
Investors tell us that something has gone wrong within a once-hot crypto company.
AMFEIX Investors Raise Concerns About Massive Pending Withdrawal Requests
Felipe Erazo
2020-07-22T20:14:00+01:00
10347

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