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 trojan is being propagated on YouTube via fraudulent videos about an allegedly free bitcoin generator which attempts to steal crypto and personal data.
‘Free Bitcoin’ Scam Propagated on YouTube Steals Crypto via Clipboard Hijacking
Max Boddy
2019-05-29T22:20:00+01:00
6403
News
Russia’s Ministry of Internal Affairs reported on the arrest of the alleged creator of a crypto pyramid scheme from Kazakhstan.
Russian Police Arrest Alleged Creator of Large Crypto Pyramid Scheme From Kazakhstan
Helen Partz
2019-05-29T14:18:00+01:00
3312
News
The Financial Supervisory Authority has no knowledge of fraud or market manipulation on crypto trading platforms in the country, but sees danger of money launde...
German Regulator Has No Info on ‘Cyber Incidents’ on German Crypto Trading Platforms
Maxwell William
2019-05-28T19:33:00+01:00
1864
News
The Australian Securities and Investments Commission issued a warning against OneCoin, alleging it could be involved in a scam.
Australian Securities and Investments Commission Officially Warns Against OneCoin
Helen Partz
2019-05-28T13:12:00+01:00
10215
News
The U.S. SEC as initiated court proceedings against a California resident, Daniel Pacheco, for allegedly operating a multimillion-dollar cryptocurrency pyramid ...
SEC Charges California Resident for Alleged $26 Million Crypto Pyramid Scheme
Ana Alexandre
2019-05-23T19:49:00+01:00
6115
News
Two Chinese over-the-counter traders have been accused of running an illicit bitcoin loan scheme.
2 Chinese OTC Traders Accused of Illicitly Raising Bitcoin by Promising Interest
Adrian Zmudzinski
2019-05-22T13:34:00+01:00
2413
News
The Australian financial regulator has warned the public against an alleged crypto-related scam operating with no license.
Australian Securities and Investments Commission Warns Public Against New Crypto Scam
Helen Partz
2019-05-21T15:07:00+01:00
9583
News
Cryptocurrency project OneCoin is reportedly denying claims that it is a “hybrid ponzi-pyramid scheme” and scam.
Cryptocurrency Project OneCoin Denies Ponzi and Pyramid Scheme Claims
Ana Alexandre
2019-05-17T23:30:00+01:00
11869

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