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
U.S. authorities have accused a man of securing COVID-19 relief funds to invest in cryptocurrency.
Texas Man Allegedly Used $1.1M in COVID-19 Relief Funds to Buy Crypto
Felipe Erazo
2020-07-14T17:47:00+01:00
11182
News
Whale Alert alleges that crypto scams are skyrocketing in 2020 compared to statistics from 2017.
Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far
Felipe Erazo
2020-07-13T20:53:00+01:00
6165
News
Jan Marsalek reportedly bragged of ties with Russian intelligence services and touted secret documents about chemical weapons used in the UK.
Leaked Documents Suggest Former Wirecard Exec Was Linked to Secret Russian Gov Operations
Felipe Erazo
2020-07-10T20:23:00+01:00
4609
News
The Chinese police busted a massive crypto scam in Wenzhou that managed to amass over $14.31 million.
Chinese Police Dismantle $14M Crypto Scam
Felipe Erazo
2020-07-09T22:51:00+01:00
5211
News
The Cardano Foundation has warned that a suspicious firm is trying to rake in investments by claiming contact with the foundation.
Cardano Foundation Warns About Suspicious Activities in Japan
Adrian Zmudzinski
2020-07-09T13:32:00+01:00
9756
News
The operator of an allegedly fraudulent crypto escrow scheme accused of misappropriating $7 million from two clients is expected to plead guilty in September.
Prosecutors Expect Guilty Plea From Alleged $7M Crypto Fraudster
Samuel Haig
2020-07-09T02:33:00+01:00
3345
News
The Bitcoin community was quick to point out a $150 million penalty paid by Deutsche Bank for serving Jeffrey Epstein.
Bitcoin Community Cries Foul as Major Bank Implicated in Epstein Scandal
Andrey Shevchenko
2020-07-08T21:18:00+01:00
5137
Unitize
Chairman Tarbert of the CFTC wants to see more clarity on which tokens are securities within the U.S. as well as broader international cooperation on regulation...
CFTC Is Waiting on SEC to Allow Futures Trading of More Digital Assets, Says CFTC Chairman
Kollen Post
2020-07-07T22:40:00+01:00
7727

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