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
Blockchain startup Spring Labs recently raised $23 million in Seed A funding round, says funds will go towards security products built on its Spring Protocol bl...
General Motors Participates in $23M Funding Round for Spring Labs Blockchain Firm
Max Boddy
2019-06-12T22:44:00+01:00
4544
News
A new website spreads crypto-stealing malware by imitating the website Cryptohopper, a legitimate website where users can program tools for automatic trading.
New Malware Campaign Spreads Trojans Through Clone Crypto Trading Website
Max Boddy
2019-06-06T00:50:00+01:00
11489
News
The U.S. SEC has filed a complaint against alleged cryptocurrency firm Longfin Corp. and CEO Venkata S. Meenavalli over new discoveries of alleged fraud.
US SEC Adds Fraud to List of Charges Against ‘Crypto’ Firm Longfin
Max Boddy
2019-06-05T22:30:00+01:00
3819
News
Dutch billionaire John De Mol filed a lawsuit against Facebook over crypto ads using his image without permission.
Dutch Billionaire John De Mol Files Lawsuit Against Facebook Over Fraudulent Crypto Ads
Adrian Zmudzinski
2019-06-05T17:49:00+01:00
5884
News
A letter to member states highlights concerns over the growth in cryptocurrency activity versus law enforcement power.
EU: Malta Needs to Improve Readiness to Respond to Cryptocurrency Crime
William Suberg
2019-06-05T15:12:00+01:00
3571
News
Grupo Bitcoin Banco has recently been embroiled in a security breach that saw customers withdraw money that did not exist.
Judge Freezes Funds in Accounts Belonging to Embattled Brazilian Crypto Firm
Thomas Simms
2019-06-05T14:13:00+01:00
3231
News
The National Bank of Rwanda has issued a PSA on alleged cryptocurrency pyramid schemes and ICO scams happening in the country.
Rwanda’s Central Bank Issues PSA on Alleged Cryptocurrency Get-Rich-Quick Scams
Max Boddy
2019-05-30T22:45:00+01:00
5602
News
The SFC’s enforcement chief pointed out problems related to existing regulatory uncertainty over the crypto space.
Hong Kong’s Securities Regulator Calls for Crypto Regulation to Confront Fraud
Helen Partz
2019-05-30T13:11:00+01:00
2453

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