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 Royal Dutch Football Association trialed a new blockchain-based ticketing app during yesterday’s Netherlands-Estonia European Championship qualifying match.
Dutch Soccer Assn. Trials Blockchain App at EU Championship Qualifying Match
Marie Huillet
2019-11-20T13:24:00+00:00
1914
News
U.S. authorities extradite Swedish citizen from Thailand for multi-million dollar fraudulent security offering in the form of a gold investment scheme.
US Gov’t Extradites Alleged Fraudster for Selling Fake Securities for $11M in BTC
Kollen Post
2019-11-18T23:45:00+00:00
3078
News
U.S. Department of Justice arrested two Massachusetts men for allegedly taking over victims’ social media accounts and stealing their cryptocurrency via SIM swa...
Two US Men Arrested For Stealing Social Media Accounts and Crypto via SIM Swapping
Joeri Cant
2019-11-14T21:26:00+00:00
5893
News
Ignatov signed a plea on Oct. 4 and faces up to 90 years in prison for money laundering and fraud charges.
OneCoin Co-Founder Pleads Guilty, Faces up to 90 Years in Jail
Helen Partz
2019-11-14T19:30:00+00:00
15839
News
Dutch police have arrested the founder of blockchain game development startup Komodore64 who allegedly raised 78 million euros ($86 million) from investors.
Netherlands: Police Arrest Founder of Blockchain Startup That Raised Over $80M
Ana Alexandre
2019-11-11T22:46:00+00:00
32337
News
Auditors allege the biggest hurdle facing the blockchain systems being adopted by food retail giants such as Walmart and Nestlé has nothing to do with the techn...
PwC Analyst: Blockchain Gives ‘Illusion of Traceability’ for Walmart
Marie Huillet
2019-11-07T11:24:00+00:00
4754
News
U.S. authorities have charged a New York man with wire fraud for scamming users in a digital currency scheme dubbed Igobit.
New York Resident Indicted for Crypto Scam, Charged With Wire Fraud
Joeri Cant
2019-11-06T21:40:00+00:00
3692
News
Belgium’s financial watchdog has made an additional update to its blacklist of crypto-related websites associated with fraud.
Belgian Regulator Blacklists Another 9 Crypto Websites Suspected of Fraud
Joeri Cant
2019-11-01T20:35:00+00:00
874

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