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A new report by two cybersecurity firms has revealed that one ransomware family is particularly successful, raking in over $150 million in bitcoin. The ransom payments “sometimes amount to millions of dollars and typically run in the hundreds of thousands range.” Ransomware Makes $150 Million in Bitcoin The Ryuk ransomware family has raked in $150 […]Powered by WPeMatico
A South African High Court recently granted a provisional liquidation order against Mirror Trading International (MTI) following an application for relief by two investors who failed to withdraw their bitcoin. According to a statement released by lawyers of one of the aggrieved investors, this provisional order paves the way for the appointment of a liquidator […]
The post South African Court Grants Order to Liquidate Mirror Trading International After Investors Fail to Withdraw Their BTC appeared first on Bitcoin News.
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A trader on Localbitcoins and Paxful has pleaded guilty to charges in connection with a couple of bitcoin scams. The U.S. Department of Justice alleges that the trader knowingly sold bitcoin to victims of fraudulent schemes. Bitcoin Trader Facing Jail Time The U.S. Department of Justice (DOJ) announced last week that a Boston man has […]
The post Localbitcoins Trader Facing up to 40 Years in Prison Over Bitcoin Fraud Schemes appeared first on Bitcoin News.
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A massive bitcoin ad scam campaign — which features celebrities and mainly targeted Australians — has been traced. The investigation’s findings point to a “highly organized” global business that relies on five addresses in Moscow’s center. Massive Bitcoin Ad Scam Campaign Traced to Russia According to The Guardian, the scam campaign’s magnitude has made it […]
The post Massive Fake Celebrity-Endorsed Bitcoin Investment Campaign Duping Google, Facebook Traced to Moscow appeared first on Bitcoin News.
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The U.S. Federal Trade Commission is refunding about 8,000 victims who lost money from investing in two bitcoin scams. The fraudulent schemes promised that investors could turn their cryptocurrency payments of about $100 into $80,000 in monthly income. Bitcoin Pyramid Schemes’ Victims Get Refunds The Federal Trade Commission (FTC) has started sending refunds to victims […]
The post 8,000 Bitcoin Scam Victims Get Refunds From US Regulator appeared first on Bitcoin News.
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Delhi police are reportedly investigating a cryptocurrency exchange and its executives allegedly duping Indian investors after receiving multiple complaints. The complainants further say the company has moved office overseas without returning their investments. Police Investigate Crypto Scam After Multiple Complaints Delhi-based news outlet Millennium Post reported this week that 43 people have filed complaints with […]
The post Indian Police Probe Crypto Exchange and Founders Allegedly Running a Scam appeared first on Bitcoin News.
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From late March 2020, when the global pandemic Covid-19 paralysed many economies, the appeal of cryptocurrencies has grown. Several statistics show increased interest from downloaded wallet apps to peer-to-peer traded volumes. In many ways, this interest in bitcoin and altcoins is evidence that the policies of central banks are failing. Many professional investors, as well […]
The post The Tell Tale Signs of a Scam Crypto Website: Bitcoin-Up.Live appeared first on Bitcoin News.
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A Bitclub Network Ponzi scheme promoter has admitted to charges of selling unregistered securities and to subscribing to a false tax return in connection with his role in the $722 million fraud scam. The man, Joseph Frank Abel, pleaded guilty by video conference before U.S. District Judge Claire C. Cecchi. The U.S. citizen becomes the […]
The post US Man Pleads Guilty in $722 Million Bitclub Network Ponzi Scheme Case appeared first on Bitcoin News.
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More than 1,000 Twitter employees and contractors reportedly had access to Twitter’s “God mode” earlier this year, before the recent large-scale hack that saw many high-profile accounts tweet about a bitcoin giveaway. Twitter has confirmed that 130 accounts were targeted, and hackers accessed the private messages of 36 accounts. Over 1,000 People With ‘God Mode’ […]
The post 1,000 People Had Access to Twitter ‘God Mode’ — 130 Accounts Targeted by Hackers appeared first on Bitcoin News.
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Investors tell us that something has gone wrong within a once-hot crypto company.
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