Cybercrime Up 75% During COVID-19, Congressional Hearing Details
A recent U.S. government hearing showed a significant uptick in online crime since COVID-19 took over in 2020. Go to Source Powered by WPeMatico
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UK Watchdogs Launch Ad-Scam Alert System to Crack Down on Online Fraud
The Advertising Standards Authority and the Internet Advertising Office joined forces to launch a system to remove scam ads. Go to Source Powered by WPeMatico
Brave’s International Referral Program Hits Major Roadblocks
Brave has paused its BAT referral program in five countries after detecting “a high number of fraudulent referrers.” Go to Source Powered by WPeMatico
15 People Plead Guilty in Bitcoin-Powered Fake Auctions Case
The U.S. Department of Justice received two more guilty pleas from Romanian nationals involved in a crypto-fuelled transnational cyber fraud ring on June 11. Go to Source Powered by WPeMatico
Regulators: Deceased Quadriga’s Founder Committed Fraud
The Ontario Securities Commission says that the Vancouver-based crypto exchange was a fraud. Go to Source Powered by WPeMatico
Founder of Floyd Mayweather-Promoted ICO to Plead Guilty to Fraud
One of Centra Tech’s founders is entering into plea negotiations concerning the company’s fraudulent 2017 initial coin offering. Go to Source Powered by WPeMatico
Gibraltar Financial Watchdog Issues Warnings for Four Crypto Sites
The Gibraltar Financial Services Commission has warned the public about four crypto sites that are not regulated by the country. Go to Source Powered by WPeMatico
Home Seller Sues Buyer Over Payment in ‘Fool’s Gold’ Token
A Californian homeowner is suing a prospective buyer for attempting to pay for 30% of the property using a “worthless” cryptocurrency. Go to Source Powered by WPeMatico
Operator of Alleged Crypto Scam Flees South Africa for Mozambique
The operator of an alleged seven-figure crypto scam appears to have fled the country of South Africa for Mozambique. Go to Source Powered by WPeMatico
How Blockchain Tech Is Revolutionizing Traditional Lotteries
There are many challenges in traditional lottery systems. Can distributed ledger technology help to solve them? Go to Source Powered by WPeMatico
