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
FINRA has charged Timothy Ayre with securities fraud and the illegal distribution of HempCoin, which he failed to register.
FINRA Charges Broker With Fraud for Trading Unregistered Cryptocurrency
Ana Berman
2018-09-12T10:26:00+01:00
7763
News
The SEC has issued a cease and desist order and a $200,000 fine to Crypto Asset Management for misrepresenting itself to investors.
In an Apparent First, U.S. SEC Penalizes Crypto Hedge Fund
Ana Berman
2018-09-12T05:41:00+01:00
15505
News
A New York federal judge has ruled that a case of alleged crypto fraud falls under the Securities Exchange Act.
Breaking: New York Judge Rules Securities Laws Can Apply to Cryptocurrencies
Molly Jane Zuckerman
2018-09-11T19:45:00+01:00
40827
News
The founder of crypto exchange service provider OKCoin and crypto exchange OKEx has allegedly been detained in China for suspected digital currency fraud.
Breaking: Founder of Crypto Exchange OKEx Allegedly Detained on Crypto Fraud Charges in China
Molly Jane Zuckerman
2018-09-11T15:55:00+01:00
32948
News
Greek’s Supreme Court has ruled in favor of Russia for alleged BTC-e owner’s extradition, but the final decision will be taken Greece’s Minister of Justice.
Greek Supreme Court Rules to Extradite Alleged BTC-e Owner Alexander Vinnik to Russia
Ana Berman
2018-09-04T13:01:00+01:00
7211
News
The People's Insurance Company of China will begin applying blockchain technology to its operations following a new partnership with blockchain firm VeChain.
Major Chinese Insurance Firm to Apply Blockchain Technology via New Partnership
Helen Partz
2018-09-04T02:41:00+01:00
7172
News
Legal battle for alleged ex-owner of crypto platform BTC-e’s extradition continues as France attempts to question him in Greece.
France’s Interrogation of Alleged BTC-e Owner Alexander Vinnik Was ‘Fake’, Says Attorney
Ana Berman
2018-08-30T20:44:00+01:00
4846
News
The CFTC has won a court order to permanently ban New York-based firm CabbageTech Corp. for cryptocurrency-related fraud.
New York District Judge Rules That CFTC Can Permanently Ban Crypto Firm
Ana Alexandre
2018-08-25T03:36:00+01:00
21416

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