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
Europol arrests 6 unnamed individuals in the U.K. and the Netherlands under suspicion of involvement in a multimillion-dollar crypto theft.
Europol Arrests Six People Allegedly Behind $27 Million Bitcoin Theft
Max Boddy
2019-06-25T21:49:00+01:00
11814
News
A 46-year-old New York resident Patrick McDonnell admitted to stealing funds obtained from his clients instead of investing them in cryptocurrency.
CabbageTech Crypto Scheme Operator Pleads Guilty to Wire Fraud
Adrian Zmudzinski
2019-06-23T17:30:00+01:00
4348
News
Cybersecurity firm Kaspersky released a survey revealing that only 10% of global consumers “fully understand how cryptocurrencies work.”
19% of World Population Bought Crypto Before 2019: Kaspersky Report
Helen Partz
2019-06-21T14:54:00+01:00
17996
News
The U.S. DoJ unveiled a complaint against an alleged bitcoin-funded investment scam, saying the perpetrator and company are charged with fraud and money launder...
US Authorities Seek Extradition of Alleged Crypto Scammer
Max Boddy
2019-06-20T01:02:00+01:00
8474
News
The U.S. CFTC has filed a complaint against an alleged $147 million bitcoin scam scheme, Control-Finance Limited.
US CFTC Brings Action Against $147 Million Bitcoin Investment Scheme
Helen Partz
2019-06-18T13:43:00+01:00
8666
News
A blockchain/AI platform for insurance claims by BlockClaim has received about $627,000 in seed funding.
Insurtech Platform to Apply Blockchain to Auto Claims With New Funding
Max Boddy
2019-06-18T01:57:00+01:00
7451
News
The Zcash Foundation has partnered with Parity Technologies to release a second software client for cryptocurrency Zcash.
Zcash Rolls Out New Software Client to Bolster Network Health
Max Boddy
2019-06-17T20:10:00+01:00
7528
News
The United Kingdom’s Financial Conduct Authority warned investors of two fraudulent clones of financial firms.
UK Financial Watchdog Blacklists Clones of Two Major Financial Firms
Helen Partz
2019-06-14T18:28:00+01:00
4169

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