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 Texas Federal Court has ordered two defendants to pay $400,000 for allegedly conducting a fraudulent scheme to solicit Bitcoin from members of the public.
Texas Court Orders Defendants to Pay $400K for Fraudulent Bitcoin Scheme
Ana Alexandre
2019-07-12T16:52:00+01:00
5543
News
Six Chinese citizens have been arrested in Vanuatu and extradited to China as part of an ongoing investigation regarding the alleged crypto pyramid scheme PlusT...
Vanuatu Extradicts Six Chinese Citizens Allegedly Involved in Crypto Scheme
Max Boddy
2019-07-10T23:50:00+01:00
10555
News
The Tron Foundation has issued an official response to today’s protest against a ponzi scheme that went under a Tron-like name.
Tron Issues Official Response to Recent Protest at Beijing Office
Ana Alexandre
2019-07-08T19:45:00+01:00
6453
News
Chinese police surrounded the Tron’s office in Beijing, as people came to express outrage at a scam going under a Tron-like name.
Tron Calls Police to Protect Beijing Office Against Angry Mob
Helen Partz
2019-07-08T14:05:00+01:00
14175
News
One of the security vulnerabilities enabled attackers to trick exchanges into thinking they had deposited large sums of monero.
Monero Discloses Bug Allowing XMR to Be Stolen From Exchanges
Thomas Simms
2019-07-05T13:57:00+01:00
12330
News
A federal judge has sentenced a New Jersey resident to 86 months in prison, due to a fraudulent investment scheme involving the ATMCoin cryptocurrency.
Federal Judge Sentences Cryptocurrency Scammer to 86 Months in Prison
Max Boddy
2019-07-01T21:40:00+01:00
6506
News
A new study shows that 30% of known stablecoins are live and operational.
Research: Only 30% of Known Stablecoins Are Live and Operational
Max Boddy
2019-06-28T21:53:00+01:00
6511
News
Cardano founder Charles Hoskinson sees emerging markets as huge reservoirs of future customers, but succeeding in them depends on relationships.
Charles Hoskinson Thinks Cardano Will Prevail Over Libra in Emerging Markets
Max Boddy
2019-06-28T02:15:00+01:00
11740

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