Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to Binance

Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to BinanceInvestors from Pakistan have become victims of a massive fraud using cryptocurrency. The country’s main law enforcement agency has issued a notice to crypto exchange Binance in relation to the scam which resulted in the loss of $100 million dollars for Pakistanis, media reports revealed. Fraudsters Lure Pakistanis to Invest in Cryptocurrency Through Binance Pakistan’s […]

Go to Source

Powered by WPeMatico

How to Identify and Report Cryptocurrency Scams

With crypto going mainstream, there are a lot of scams popping out. While buying certain shitcoins can turn out to be a bad investment, there’s a big difference between a bad investment and an outright scam. In this article I will outline the best way you can spot a cryptocurrency scam and how to go about reporting it to authorities. We will use an example of a current scam in operation by the name of Huh Token, and show you how to identify and report such a project. How to Identify a Scam The number one giveaway for any scams

The post How to Identify and Report Cryptocurrency Scams appeared first on The Merkle News.

Go to Source

Powered by WPeMatico

Finiko Fugitives Suspected of Moving 750 BTC From Crypto Pyramid’s Wallet

Finiko Fugitives Suspected of Moving 750 BTC From Crypto Pyramid’s WalletA large amount of cryptocurrency has reportedly been withdrawn from a wallet previously controlled by the Finiko Ponzi scheme in Russia. The wallet’s unknown operators have transferred coins worth $48 million this month. The digital currency was split into smaller amounts and deposited to different addresses. 750 BTC Removed From Crypto Pyramid Finiko Wallet A […]

Go to Source

Powered by WPeMatico

Cryptoeats Disappears After Raising £500K From Token Sale

cryptoeatsCryptoeats, a company that reportedly raised 8 million in a Series A funding round to build a crypto-based Ubereats alternative, disappeared after launching its token. According to estimations, the startup might have taken more than £500K from investors after the launch of its official token dubbed “eats.” The alleged scam was promoted by UK influencers […]

Go to Source

Powered by WPeMatico