Please note, this is a STATIC archive of website cointelegraph.com from October 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
New wire fraud charges against St. Petersburg trolls allege that they stole the identities of U.S. citizens to open crypto accounts.
US charges operators of Russian troll farm with fraud over crypto accounts
Kollen Post
2020-09-10T20:54:59+01:00
2824
News
Six individuals associated with the multi-billion dollar PlusToken Ponzi scheme have been prosecuted by Chinese police.
Chinese authorities charge six people over $5.8B PlusToken ponzi scheme
Samuel Haig
2020-09-10T05:04:48+01:00
5848
News
CipherTrace believes financial institutions are failing to identify up to 90% of suspicious transactions related to crypto assets
Banks failing to identify up to 90% of suspicious crypto transactions
Samuel Haig
2020-09-10T03:17:58+01:00
9103
News
The cases of the robber’s two accomplices are still pending.
Singapore man pleads guilty to stealing $360K in fake Bitcoin sale
Helen Partz
2020-09-09T12:20:00+01:00
4146
News
The alleged crypto scam websites are still intact.
‘Bitcoin Pope’ faces up to 10 years in jail for running two crypto scams
Helen Partz
2020-09-07T12:28:00+01:00
15468
News
Is blockchain the solution in making payments more transparent and secure?
Industry leaders say blockchain makes payment services more efficient
Felipe Erazo
2020-09-05T15:00:00+01:00
7942
News
Food and wine fraud costs Australians $1.7 billion, but government and industry experts say blockchain could be the solution
Blockchain can combat Australia’s $1.7B food and wine fraud problem
Joshua Mapperson
2020-09-04T08:13:18+01:00
4835
News
John Bigatton has been barred from providing financial services in Australia for seven years for his involvement with the BitConnect Ponzi scheme.
Top Australian BitConnect promoter banned by ASIC for 7 years
Samuel Haig
2020-09-03T08:30:00+01:00
4692

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