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 New Zealand radio host has stated that crypto promotional ads containing his likeness are not genuine.
New Zealand Radio Host Denies Shilling Bitcoin on Social Media
Max Boddy
2019-08-27T00:35:00+01:00
2674
Analysis
U.S. court cases against crypto and blockchain firms are inconclusive, but international cases appear to be showing clear support for cryptocurrency.
Crypto in Court — Overview of the Biggest Lawsuits Worldwide
Joshua Mapperson
2019-08-26T21:53:00+01:00
7330
News
Thailand’s securities regulator has warned the public about scam entities posing as legal crypto trading firms operating overseas.
Thai SEC Warns Public About New Crypto Scam Operating Overseas
Helen Partz
2019-08-25T18:47:00+01:00
5366
News
The U.S. Federal Trade Commission has settled charges it filed in 2018 against a crypto pyramid scheme involving four individuals, with the defendants paying $5...
US FTC Settles With Alleged Crypto Pyramid Scheme for $500,000
Helen Partz
2019-08-24T22:40:00+01:00
3518
News
An Australian woman has pleaded guilty to stealing $450,000 worth of the cryptocurrency XRP last year, and will face a hearing in October.
Australian Hacker Pleads Guilty to Stealing $450,000 in XRP Last Year
Max Boddy
2019-08-23T21:08:00+01:00
5248
News
Two Indian-origin Canadians are charged in the U.S. with a $230K Bitcoin fraud using a fake Twitter account of HitBTC exchange.
US Charges Two Canadian Nationals Over Alleged $230K Bitcoin Fraud
Helen Partz
2019-08-23T12:48:00+01:00
3584
News
Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to be tied to government...
Saudi Arabia Warns of Crypto Scammers Posing as Gov’t Projects
Marie Huillet
2019-08-21T08:27:00+01:00
2731
News
Bitfinex and Tether have acknowledged the judge’s decision not to dismiss their case due to a claimed lack of jurisdiction in New York but plan to appeal.
Bitfinex and Tether Respond to New York Judge, Will Pursue Appeals
Max Boddy
2019-08-20T22:30:00+01:00
3176

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