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 chief defendant in an alleged $15 million ICO fraud case has submitted a formal reply to the United States Securities and Exchange Commission.
SEC Asset Freeze Caused ‘Significant Harm’ to Holders, Says Veritaseum
Marie Huillet
2019-08-20T12:23:00+01:00
4188
News
A Canadian judge has dismissed a motion to set aside an asset freeze in a civil forfeiture case involving the purported FUEL token.
Judge Rejects Multimillion Dollar Asset Plea in Vanbex Crypto Fraud Case
Max Boddy
2019-08-20T01:05:00+01:00
4816
News
Over $240 million in suspected proceeds from crypto exit scheme PlusToken have moved in four Bitcoin transactions.
PlusToken Suspected Ponzi Moves $240M in Four Bitcoin Transactions
Adrian Zmudzinski
2019-08-18T16:49:00+01:00
11771
News
CoinGecko has joined a blockchain analytics network focusing on anti-money laundering and know your customer issues in an effort to improve its exchange transpa...
CoinGecko Joins AMLT Network to Combat Exchange Fraud, Scams, Hacks
Max Boddy
2019-08-16T21:55:00+01:00
2770
News
Luxembourg’s financial regulator has warned the public that a cryptocurrency-related firm has no license to operate in the country, despite its claims.
Luxembourg Financial Watchdog: Crypto Entity Lied About Licensure
Max Boddy
2019-08-14T20:56:00+01:00
2782
News
A United States District Court has entered a temporary emergency freeze requested by the SEC on $8 million held by a New York citizen and two of his entities’ r...
US Court Temporarily Freezes $8M in Response to SEC Request Yesterday
Ana Alexandre
2019-08-13T20:16:00+01:00
3444
News
The SEC is prosecuting a New York businessman and his two companies in connection with an allegedly fraudulent ICO that netted $14.8 million.
SEC Requests Freeze on Assets in Connection With Alleged $15M ICO Fraud
Max Boddy
2019-08-13T00:25:00+01:00
5815
News
Bitmain has accused a cryptocurrency project of falsely using its name in the promotion of a product dubbed Mangocoin.
Bitmain Accuses Cryptocurrency Project of Impersonation
Ana Alexandre
2019-08-11T21:24:00+01:00
5697

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