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
A recent U.S. government hearing showed a significant uptick in online crime since COVID-19 took over in 2020.
Cybercrime Up 75% During COVID-19, Congressional Hearing Details
Benjamin Pirus
2020-06-16T19:00:32+01:00
6851
News
The Advertising Standards Authority and the Internet Advertising Bureau joined forces to launch a system to remove scam ads.
UK Watchdogs Launch Ad-Scam Alert System to Crack Down on Online Fraud
Felipe Erazo
2020-06-16T17:08:00+01:00
4424
News
Five individuals have been identified by Indian police as likely involved with a crypto investment scam that has operated since 2017.
Five Wanted For Indian Crypto Scam Operating Since 2017
Samuel Haig
2020-06-14T01:00:00+01:00
15553
News
Craig Wright's legal team appears to alleged that he controls one of the Bitcoin addresses affiliated with an old Mt. Gox hack.
Craig Wright Apparently Just Admitted to Hacking Mt. Gox
Benjamin Pirus
2020-06-12T17:38:14+01:00
21829
News
Brave has paused its BAT referral program in five countries after detecting “a high number of fraudulent referrers.”
Brave’s International Referral Program Hits Major Roadblocks
Stephen O'Neal
2020-06-12T15:58:00+01:00
3974
News
The U.S. Department of Justice received two more guilty pleas from Romanian nationals involved in a crypto-fuelled transnational cyber fraud ring on June 11.
15 People Plead Guilty in Bitcoin-Powered Fake Auctions Case
Samuel Haig
2020-06-12T05:00:00+01:00
3807
News
The Ontario Securities Commission says that the Vancouver-based crypto exchange was a fraud.
Regulators: Deceased Quadriga Founder Committed Fraud
Felipe Erazo
2020-06-11T18:57:00+01:00
2624
News
One of Centra Tech’s founders is entering into plea negotiations concerning the company’s fraudulent 2017 initial coin offering.
Founder of Floyd Mayweather-Promoted ICO to Plead Guilty to Fraud
Samuel Haig
2020-06-11T05:36:00+01:00
7486

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