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With the rising price and popularity of bitcoin come numerous scams. Bitcoin Superstar and Bitcoin Era are two investment schemes that have recently gained much attention. News.Bitcoin.com took a look at them, and it did not take much to spot how similar they are to each other and several other well-known scams. Also read: Bitcoin, […]
The post Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam appeared first on Bitcoin News.
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Last week’s news.Bitcoin.com post warning about common bitcoin scams like “The Bitcoin Code” elicited a plethora of comments and suggestions from readers, asking about and reporting other platforms and services claiming to provide bitcoin investment opportunities. This article examines some of these, and most importantly seeks to provide readers with basic tips for recognizing the […]
The post How to Red Flag Scams: Bitcoin Doubler Club, Cryptomia247, Mining Cheap, Orelex, and Wintrust appeared first on Bitcoin News.
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Scams are nothing new in the crypto industry. From ICOs that received money and then vanished to trading sites that went down with investors’ funds, there is no shortage of people who’ve lost their hard-earned money in their pursuit of the Bitcoin millions. For most, the logical next step was reporting the crime to authorities […]
The post Recover My Bitcoins Or I’ll Blow Up Miami Airport: Indian Teen Threatens FBI appeared first on NullTX.
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Withcoin, a virtual currency reportedly designed for casinos, and listed on the Hitbtc exchange around May, is accused of selling coins using a promotional video propagating alleged lies and misleading information. In April 2018, a video promoting Withcoin went viral on the internet, inviting investors to purchase in advance a coin that was going to […]
The post Japanese Class Action Against Gambling Coin Claims $12m Damages appeared first on Bitcoin News.
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The FBI has announced on Friday that Renwick Haddow, a 49-year old UK national, has been extradited to the US from Morocco to face charges at the Southern District Court of New York. He is accused of defrauding more than $36 million from victims by making material misrepresentations and misappropriating investment funds in two companies, […]
The post Alleged British Bitcoin Scammer Extradited to US for Defrauding Over $36 Million appeared first on Bitcoin News.
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Scams are nothing new in the world of cryptocurrency. Some of these ventures prove to be very professional and elaborate, whereas others are clearly low-effort projects. It seems a new scam is making the rounds through a physical letter, which threatens to expose people’s bad behavior unless they cough up a lot of money in the form of Bitcoin. It even comes with its own guide on how to buy Bitcoin, which is pretty interesting. Bitcoin Scams Take Physical Form We have seen dozens of different Bitcoin-related scam attempts in the past few years. Some of these projects clearly displayPowered by WPeMatico