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.

Danny Brewster, ex-CEO of Neo & Bee, a Cyprus based Bitcoin company, who is accused of fraud against customers, has shown up in public trying to clear his reput...
Neo & Bee ex-CEO Brewster: "I've Made A Lot of Mistakes"
Martin Rojko
2016-01-14T10:12:00+00:00
1490
It’s been around for some time now: a new international bank is coming to town, named NextBank. It looks and feels like either a miracle or a scam.
NextBank: Scams, Foolishness or Reality?
Marco E. G. Maltese
2015-11-17T17:03:00+00:00
879
The fake Localbitcoins app on Google Play, still live at the time of writing, is indicative of how streetwise the Bitcoin community really is – and can happen a...
More Google Play Bitcoin Fraud ‘Good for Humanity’
William Suberg
2015-11-06T15:50:00+00:00
538
Major Banks and credit card companies such as American Express have developed “fraud free” and encrypted chip-enabled cards
New Chip Cards May Actually Increase Credit Card Fraud, Hurt Merchants
Joseph Young
2015-09-09T11:03:16+01:00
515
Mega, a free cloud storage and file hosting service founded by German-Finnish Internet entrepreneur Kim Dotcom has been taken over by a Chinese Fraudster, Holly...
Mega Suffers Hostile Takeover by Chinese Fraudster, Hollywood and New Zealand Gov’t
Joseph Young
2015-09-08T19:58:58+01:00
786
Online banking fraud rocketed 48 % to £60.4 million in 2014 compared with 2013, according to a report released by Financial Fraud Action UK (FFA UK).
How Bitcoin Could Mitigate the 48% Surge in Online Banking Fraud
Alireza Beikverdi
2015-03-29T17:10:15+01:00
1677
Several small, local pizzerias were recently targeted by an anonymous group of extortionists who threatened that they will post bad reviews on Yelp.com if they ...
Pizzeria Owner Extorted for BTC, says “What the Heck is Bitcoin?”
Bogdan Ulm
2014-07-05T15:01:53+01:00
450
After filing for bankruptcy protection last Friday, Mt. Gox issued another statement on Monday.
New statements from Mt. Gox, Karpeles
Anthony Wall
2014-03-05T11:01:00+00:00
312

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