Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far
Whale Alert alleges that crypto scams are skyrocketing in 2020 compared to statistics from 2017. Go to Source Powered by WPeMatico
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20,000 Helbizcoin Investors Accuse Company of Trying to Destroy Evidence, Seek Court Injunction
A group representing about 20,000 investors in Helbiz Inc has filed a motion seeking a temporary restraining order and preliminary injunction against the company. Investors want a motion granted to stop the company from destroying smart contracts that supports Helbiz Inc.’s ERC20, a token also known as Helbizcoin (HBZ). The application was filed on 6 … Read more
Leaked Documents Suggest Former Wirecard Exec Was Linked to Secret Russian Gov Operations
Jan Marsalek reportedly bragged of ties with Russian intelligence services and touted secret documents about chemical weapons used in the UK. Go to Source Powered by WPeMatico
Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme
A Romanian man admitted Thursday to conspiring to engage in wire fraud and selling unregistered securities linked to Bitclub Network, a cryptocurrency mining Ponzi scheme worth at least $722 million. Silviu Catalin Balaci, 35, a Romanian citizen appeared before U.S. District Judge Claire C. Cecchi. Balaci pleaded guilty to a superseding information charging him with … Read more
Chinese Police Dismantle $14M Crypto Scam
The Chinese police busted a massive crypto scam in Wenzhou that managed to amass over $14.31 million. Go to Source Powered by WPeMatico
Cardano Foundation Warns About Suspicious Activities in Japan
The Cardano Foundation has warned that a suspicious firm is trying to rake in investments by claiming contact with the foundation. Go to Source Powered by WPeMatico
Prosecutors Expect Guilty Plea From Alleged $7m Crypto Fraudster
The operator of an allegedly fraudulent crypto escrow scheme accused of misappropriating $7 million from two clients is expected to plead guilty in September. Go to Source Powered by WPeMatico
Bitcoin Community Cries Foul as Major Bank Implicated in Epstein Scandal
The Bitcoin community was quick to point out a $150 million penalty paid by Deutsche Bank for serving Jeffrey Epstein. Go to Source Powered by WPeMatico
CFTC Is Waiting on SEC to Allow Futures Trading of More Digital Assets, Says CFTC Chairman
Chairman Tarbert of the CFTC wants to see more clarity on which tokens are securities within the U.S. as well as broader international cooperation on regulation. Go to Source Powered by WPeMatico
Bitcoin Double-Spends an Inevitable Network Feature, Legitimate or Not
Reports of double-spending keep plaguing crypto firms and investors alike. Will this issue ever be resolved, or is it here to stay? Go to Source Powered by WPeMatico
