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
Cyber criminals have been sending scam emails claiming to be from the United Kingdom Financial Conduct Authority and promoting crypto asset investments.
Crypto Criminals Send Scam Emails Impersonating British Financial Watchdog
Ana Alexandre
2019-07-23T21:01:00+01:00
2740
News
While Facebook is struggling to agree on its Libra project, a wave of fake Libra accounts have spread online and onto Facebook itself.
Facebook and Instagram Now Have a Problem With Scam Libra Ads
Helen Partz
2019-07-23T15:10:00+01:00
7564
News
South Korean authorities estimate that crypto-related crimes have caused 2.69 trillion won of financial damages between July 2017 and June 2019.
South Korea: Crypto Crimes Cost $2.28B Since July 2017
Adrian Zmudzinski
2019-07-21T17:05:00+01:00
3038
News
A Tel Aviv resident has been arrested and accused of international phishing fraud, using a collection of websites to steal cryptocurrencies.
Israeli Citizen Accused of Stealing Over $1.7 Million in Crypto
Max Boddy
2019-07-19T02:55:00+01:00
5079
News
Nouriel Roubini derided BitMEX as an example of a criminally unregulated crypto exchange, and called for authorities to enforce crypto regulation at large.
Roubini: BitMEX in Violation of Securities Laws, Crypto a Metastasized Cancer
Max Boddy
2019-07-18T23:25:00+01:00
7073
News
Seven Venezuelans claim to have been lured into a $30 million Ponzi scheme with a cryptocurrency pegged to diamonds
Venezuelan Investors File Lawsuit With US Court in Connection With $30M Crypto Fraud
Ana Alexandre
2019-07-16T20:16:00+01:00
3919
News
Former congressman Ron Paul reiterated his views on cryptocurrencies as being good competition for fiat money, as long as there is no fraud involved.
Ron Paul: ‘I’m All for Cryptocurrencies, I Like Competing Currencies’
Max Boddy
2019-07-16T01:40:00+01:00
11494
News
The co-founder of defunct Bitcoin exchange BitFunder has received 14 months imprisonment in connection with federal charges of obstruction of justice and securi...
Co-Founder of Now-Defunct BitFunder Gets 14 Months Imprisonment
Ana Alexandre
2019-07-12T21:24:00+01:00
6119

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