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
Scammers ask Brits for nearly $2.5 million in Bitcoin, claiming to spend the money to maintain the local economy after Brexit.
Fake Royal Letter Asks $2.5M in BTC to Save UK’s Economy After Brexit
Helen Partz
2019-09-27T20:57:00+01:00
3157
News
Binance claims to have assisted British police in investigating an online fraud exposed to 500,000 potential victims.
Binance Helps UK Police to Stop $51 Million Phishing Fraud
Helen Partz
2019-09-27T20:39:00+01:00
3708
News
The U.S. Securities and Exchange Commission charged Jonathan Lucas, the founder of adult entertainment marketplace Fantasy Market, with orchestrating a fraudule...
SEC Charges Fantasy Market Founder With Orchestrating a Fraudulent ICO
Liam Frost
2019-09-24T05:00:00+01:00
3904
News
Kate Winslet is among the victims of scammers using celebrities to advertise the nonexistent Bitcoin platform and steal money.
Fake Bitcoin Investment Platform From ‘Elon Musk’ Promises 4,000% ROI
William Suberg
2019-09-23T08:19:00+01:00
11828
News
The U.K. Financial Conduct Authority has warned the public about a cryptocurrency investment clone firm called First BTC FX.
FCA Warns Public About Clone Firm Offering Crypto Investment
Helen Partz
2019-09-20T19:51:00+01:00
1836
News
Aventus Network reveals Ethereum-based ticketing protocol to stop fraud and provide more transparency to the event ticketing industry.
Aventus Announces Ethereum-Based Protocol to Enhance Ticketing Industry
Joeri Cant
2019-09-15T01:39:32+01:00
4583
News
Four out of the first five results presented when querying Google for a “bitcoin qr generator” lead to scam websites that generate false qr codes.
Four Out of Five Top Bitcoin QR Code Generators are Scams: Report
Adrian Zmudzinski
2019-09-06T02:40:00+01:00
7455
News
The United States Securities and Exchange Commission reaches $10 million settlement with a Dallas-based digital assets company and its founders.
US SEC Reaches $10 Million Settlement With Digital Assets Issuers
Max Boddy
2019-08-29T19:37:00+01:00
3695

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