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
Two crypto exchange heads and executives have been detained in South Korea, charged with embezzling blns of won.
Korean Crypto Exchange Execs Detained On Fraud And Embezzlement Charges
Marie Huillet
2018-04-05T13:02:00+01:00
14280
News
A cybercrime gang that allegedly targeted international financial organizations has been apprehended in Spain for stealing $1.24 bln.
Russian-Ukrainian Cybercrime Gang Arrested In Spain, Allegedly Used BTC To Launder $1.24 Bln
Ana Alexandre
2018-03-26T23:38:00+01:00
29749
News
Founder of long defunct BitFunder crypto exchange charged by US DOJ and SEC for fraud, perjury, obstruction.
US Gov’t Indicts Founder Of Long Defunct Crypto Exchange BitFunder
Guest Author
2018-02-22T01:02:00+00:00
33003
News
Sergey Medvedev, arrested in Bangkok as part of an international crackdown on cybercrime site Infraud allegedly had $820 mln in BTC at the time of his arrest.
Russian National Arrested For Cyber Crime In Bangkok, Allegedly Had $820 Mln in BTC
Molly Jane Zuckerman
2018-02-09T15:40:00+00:00
42987
Sponsored
A startup tech company aims to prevent bots being used to falsify ad viewing data.
Could Blockchain Solve the Multi-Billion Dollar Problem of Digital Advertising Fraud?
Guest Author
2018-02-06T16:31:00+00:00
19572
Expert Take
Tech Mahindra, company that merged troubled Satyam clearly sees its time to move to the new ledger system.
What Blockchain Has to Do With Indian Ban on PwC
Selva Ozelli
2018-01-18T20:20:00+00:00
40446
Sponsored
Community-driven Blockchain initiatives could be the future for transparent voting systems.
Alternative Blockchain Uses: Elections, Product Reviews and Fraud Prevention
Guest Author
2018-01-03T15:35:00+00:00
28344
Are governments trying to use cryptocurrencies as another reason to spy on us?
Governments Using Crypto as a Reason to Spy on Us
Gareth Jenkinson
2017-12-10T13:00:00+00:00
47476

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