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 Colorado Division of Securities issued cease and desist orders to four more ICOs allegedly involved in fraudulent and illegal practices.
Colorado Securities Regulators Crack Down on Four More ICOs for Alleged Illicit Practices
Helen Partz
2018-11-21T20:50:00+00:00
8062
News
SWIFT India has partnered with fintech firm MonetaGo to run a blockchain pilot aimed at addressing fraud in the e-way Bill system.
SWIFT India Partners With Fintech Firm for Blockchain Pilot
Ana Alexandre
2018-11-21T02:14:00+00:00
14372
News
The North Dakota Securities Commissioner has issued a cease and desist order against a Russia-based fraudulent ICO.
US Regulator Issues Cease and Desist Order to Russian ICO Mimicking Liechtenstein Bank
Ana Berman
2018-11-20T16:50:00+00:00
4994
News
Maksim Zaslavskiy’s guilty plea could net him up to 37 months in prison for ICO token fraud.
Guilty Plea Moves First US ICO Fraud Case to Final Stages, Sentencing Set for April
William Suberg
2018-11-16T08:47:00+00:00
6385
News
Tokyo police have arrested eight men suspected of involvement of a pyramid scheme, collecting about $68.4 million in cash and BTC.
Japan: Tokyo Police Arrest 8 Men Allegedly Involved in $68 Million Crypto Pyramid Scheme
Ana Berman
2018-11-14T14:01:00+00:00
9156
News
A U.S. man has been sentenced to 15 months in jail and fined $1.1 million by the CFTC for misappropriating Bitcoin and Litecoin funds.
US Man Fined $1.1 Million, Sentenced to 15 Months for Fraudulent Bitcoin, Litecoin Schemes
Ana Berman
2018-11-12T15:55:00+00:00
23443
News
The Ministry of Education of Malaysia is setting up a NEM blockchain-based university consortium to combat degree fraud.
Malaysia’s Education Ministry Sets up University Degree Verification System via Blockchain
Helen Partz
2018-11-09T18:12:00+00:00
7498
Follow up
The Winklevii claim Charlie Shrem owes them 5,000 BTC.
5,000 BTC Missing, and Other Details of the Winklevii vs. Shrem Case
Stephen O'Neal
2018-11-06T12:50:00+00:00
4434

Follow us on Facebook