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
The SEC has taken action against a Californian man for fraudulently offering insider stock trading tips on a darknet marketplace.
SEC issues first ever charges over phoney ‘insider information’ on darknet
Samuel Haig
2021-03-19T01:01:58+00:00
10421
News
The Texas State Securities Board has entered an emergency cease and desist order against a shape-shifting, fraudulent cryptocurrency scheme using the Binance br...
Texas securities board takes action against hoax ‘Binance’-branded scheme
Marie Huillet
2021-03-16T09:43:26+00:00
5395
Sponsored
Forget fake news, this blockchain protocol is tackling fake views — and clamping down on ad fraud by ensuring video data cannot be manipulated.
Blockchain protocol gets patent in quest to stop ‘fake views’ on videos
Connor Sephton
2021-03-12T09:00:00+00:00
26982
News
A co-founder of the fraudulent 2017 ICO Centra Tech has been sentenced to eight years in prison for his role in the scheme.
Co-founder of Floyd Mayweather-promoted ICO sentenced to 8 years
Samuel Haig
2021-03-05T00:03:08+00:00
24206
News
Vietnam’s Ministry of Finance reminded the public that cryptocurrencies have no legal framework in the country.
Vietnam’s finance ministry warns about crypto trading risks
Helen Partz
2021-03-04T13:20:52+00:00
11641
News
Crypto scams appear to be dominating investment fraud cases in Austria.
Austrian regulators call for stricter crypto regulations amid rising fraud
Osato Avan-Nomayo
2021-02-19T11:40:59+00:00
20060
News
A crypto escrow agent has avoided prison time despite lying about losing $3.25 million, with the judge noting the agent had been the victim of fraud himself.
Crypto escrow agent dodges jail after lying about stolen millions
Brian Quarmby
2021-02-05T05:19:35+00:00
8807
News
The Australian man admitted to cheating investors out of $90 million taken from two crypto funds in the U.S.
Australian pleads guilty to $90-million crypto fund scam in the U.S.
Martin Young
2021-02-05T02:49:27+00:00
9309

Follow us on Facebook