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.

Follow up
Bitcoin scam ads featuring Martin Lewis appear on Instagram less than a year after Lewis settled a defamation suit with Facebook.
More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?
Osato Avan-Nomayo
2020-01-16T02:00:00+00:00
5542
News
Blockvest’s founder Reginald Ringgold is alleged to have forged signatures and encouraged false declarations in key lawsuit evidence, the SEC argues.
Blockvest's Defense Based on Falsified Documents, Claims SEC
Andrey Shevchenko
2020-01-14T19:29:00+00:00
2182
News
Legal counsel for one of several active class-action lawsuits against iFinex for allegedly manipulating BTC’s price has filed to lead the entire class and proce...
The Race to Lead 3 Class-Action Suits Against Bitfinex Over 2017 BTC Bull Run Is On
Kollen Post
2020-01-14T18:13:00+00:00
3728
News
Two directors of Dunamiscoins, an alleged cryptocurrency pyramid scheme in Uganda, appeared before court on Monday to face 65 counts tied to obtaining money by ...
Directors of Alleged Crypto Pyramid Scheme Dunamiscoins Stand Trial
Marie Huillet
2020-01-08T10:37:00+00:00
2418
News
The CFTC is having trouble locating a man allegedly responsible for a cryptocurrency Ponzi scheme worth over $140 million.
CFTC Cannot Locate Man Responsible for Over $140 Million Crypto Ponzi
Adrian Zmudzinski
2020-01-07T15:40:00+00:00
6608
News
Longfin CEO agrees to a $400,000 settlement in a long-running fraud case with the Securities and Exchange Commission.
US SEC Settles in Long-Running Fraud Case Against Longfin CEO
Jack Martin
2020-01-06T09:47:00+00:00
2145
Opinion
Crypto has the ability to instantly record information, potentially making hacking and faking almost impossible.
Friendly Fraud and the Failure of Chargeback Protections
Filipe Castro
2020-01-02T08:30:00+00:00
3030
New Year Special
What did 2019 bring by way of privacy coins in criminality, how have things changed, and what is the 2020 outlook?
Privacy Coins in 2019: True Financial Freedom or a Criminal's Delight?
Will Heasman
2020-01-02T03:30:00+00:00
8211

Follow us on Facebook