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
We only need to look to recent history for what this transaction means.
PlusToken Moves $67 Million to Unknown Wallet, Signalling a Potential EOS Dump
Stephen O'Neal
2020-06-22T20:10:00+01:00
5125
News
A study by Scamwatch suggests cryptocurrency scams are a real threat in Australia.
Australians Lost More Than $14M to Crypto Scams in 2019
Felipe Erazo
2020-06-22T18:56:00+01:00
2869
News
The U.S. SEC freezes assets of several alleged crypto scams run by Hvizdzaks brothers.
SEC Halts Crypto Scam, Alleging Two Brothers Stole Millions From Investors
Helen Partz
2020-06-19T19:03:00+01:00
5237
Follow up
A deeper dive into the story involving a potential scam operation paying millions in ETH transaction fees twice in a row.
A Multi-Million Mystery: Likely ETH Fee ‘Victim’ Steps Into Spotlight
Stephen O'Neal
2020-06-19T16:15:00+01:00
7880
Opinion
The emerging distributed ledger technology industry has been threatened by various illicit activities. Here are some strategies you should know about to protect...
Blockchain Security: Preventing Fraud on Distributed Ledger Technology
Joshua Esan
2020-06-19T15:45:00+01:00
8626
News
A German fintech company responsible for several crypto debit cards, including Crypto.com’s, allegedly misrepresented over $2 billion in cash reserves.
Major Crypto Debit Card Issuer Reportedly Missing $2.1B in Cash
Andrey Shevchenko
2020-06-18T12:10:00+01:00
27222
Analysis
With ransomware attacks up 200% in the last two years, Cointelegraph looks at some of the methods bad actors are employing and how to avoid them.
Crypto-Ransomware Attacks Are Spreading Like a Hacking Wildfire
Will Heasman
2020-06-17T15:19:00+01:00
5380
News
Russ Albert Medlin — co-founder of alleged crypto Ponzi scheme BitClub — was arrested in South Jakarta for sexual assault on minors.
Bitcoin Ponzi Scammer Arrested by Jakarta Police for Sexual Assault
Adrian Zmudzinski
2020-06-16T21:33:00+01:00
5020

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