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
The Gibraltar Financial Services Commission has warned the public about four crypto sites that are not regulated by the country.
Gibraltar Financial Watchdog Issues Warnings for Four Crypto Sites
Felipe Erazo
2020-06-06T20:30:00+01:00
6564
News
A Californian homeowner is suing a prospective buyer for attempting to pay for 30% of the property using a “worthless” cryptocurrency.
Home Seller Sues Buyer Over Payment in ‘Fool’s Gold’ Token
Samuel Haig
2020-06-05T06:58:00+01:00
11875
News
The operator of an alleged seven-figure crypto scam appears to have fled the country of South Africa for Mozambique.
Operator of Alleged Crypto Scam Flees South Africa for Mozambique
Samuel Haig
2020-06-01T13:24:00+01:00
7126
Opinion
There are many challenges in traditional lottery systems. Can distributed ledger technology help to solve them?
How Blockchain Tech Is Revolutionizing Traditional Lotteries
Oluwatobi Joel
2020-05-28T16:33:00+01:00
18406
News
Vitalii Antonenko is facing up to 20 years in jail for selling sensitive data after the prosecution traced his Bitcoin wallet.
NYC Hacker Charged Over $94 Million Bitcoin-for-Cards Scheme
Stephen O'Neal
2020-05-28T11:38:00+01:00
4398
News
The teenage hacker who allegedly stole $23.8 million in crypto from Michael Terpin may have threatened the life of a 16-year-old enlisted to help launder the mo...
Teenage Crypto Hacker Allegedly Threatened Life of 16yo Accomplice
Samuel Haig
2020-05-24T16:30:00+01:00
8139
News
The launch date of China's long-awaited digital yuan remains a secret, creating space for potential fraud.
Token Impersonates Chinese Digital Yuan as Official Launch Date Remains Unknown
Stephen O'Neal
2020-05-22T14:38:00+01:00
17916
News
Chinese authorities have busted a group of scammers allegedly claiming to be “Huobi officials”.
Chinese Police Arrest 12 Fake ‘Huobi Officials’
Felipe Erazo
2020-05-21T01:24:00+01:00
5664

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