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 Foreign Ministry of Thailand has invalidated the passport of an alleged Bitcoin scammer, rendering him unable to return to his home country for prosecution.
Suspect in Thai Bitcoin Scam Unable to Return to Thailand Due to Passport Revocation
Helen Partz
2018-10-11T01:11:00+01:00
7635
News
South Korea’s Democratic Party lawmaker urges the state to “open up the road” to ICOs by easing regulations.
South Korea’s Democratic Party Lawmaker Urges Authorities to ‘Open Up the Road’ to ICOs
Helen Partz
2018-10-02T19:23:00+01:00
4857
News
The CFTC has charged two defendants for the fraudulent solicitation of Bitcoin, impersonation of CFTC officials, and forging CFTC documents.
CFTC Charges Two Defendants for Defrauding Investors and Impersonation of CFTC Officials
Helen Partz
2018-09-29T17:59:00+01:00
7366
News
The U.S. SEC has filed charges against Marshall Islands-based corporation 1pool Ltd. for violating federal securities laws.
US SEC Files Charges Against Bitcoin-Backed Securities Dealer
Ana Alexandre
2018-09-28T01:33:00+01:00
9074
Sponsored
A decentralized fintech company has forged a partnership that will see its technology integrated into products offered by TD Bank, one of the world’s largest fi...
TD Bank Partners with Startup to Add Blockchain and AI Solutions to Investment Products
Connor Blenkinsop
2018-09-27T17:44:00+01:00
6761
News
A U.S. federal district judge has ruled that an allegedly fraudulent crypto token meets the definition of a commodity.
US Judge Rules to Bring Alleged Cryptocurrency Scam Under CFTC Oversight
Marie Huillet
2018-09-27T10:15:00+01:00
6956
Follow up
This week, two U.S. regulators took action against non-compliant players
New Rules: US Regulators Extend Their Purview Within Crypto Industry
Stephen O'Neal
2018-09-15T02:58:00+01:00
7190
News
The CEO of now-defunct GAW Miners has been sentenced to 21 months in prison and ordered to pay $9.2 million in restitution to investors.
CEO Behind GAW Miners, PayCoin Ponzi Scheme Sentenced to 21 Months in Prison
Helen Partz
2018-09-14T04:33:00+01:00
18002

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