Chinese Police Investigate ‘Exit Scam’ by Iranian Crypto Exchange
Reports indicate the Iranian-based crypto exchange ‘Bitisis’ is actually a Ponzi scheme that has attempted an exit scam. Go to Source Powered by WPeMatico
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Alleged Ponzi Scheme Sent the $5 Million in Ether Gas Fees
The origin of the abnormal Ether transactions that paid more than $5 million in gas fees seems to be Korean “exchange” GoodCycle. Go to Source Powered by WPeMatico
Crypto Founder Sentenced to Seven Years in Prison for $25 Million Scam
A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000. Go to Source Powered by WPeMatico
Phishing Sites Use Trick Letters in Domain Names to Steal XRP
Experts from Xrplorer say that a fake XRP giveaway scam emerged in January 2020 and remains alive. Go to Source Powered by WPeMatico
Bitcoin Ponzi Scammer Arrested by Jakarta Police for Sexual Assault
Russ Albert Medlin — co-founder of alleged crypto Ponzi scheme BitClub — was arrested in South Jakarta for sexual assault on minors. Go to Source Powered by WPeMatico
Fake SpaceX YouTube Channels Scam Victims Out of $150K in BTC
Scammers have conned thousands of YouTube viewers into sending them a total of 15.31 BTC with the old ‘free giveaway’ trick. Go to Source Powered by WPeMatico
Investors to File Lawsuit Against CEO of Alleged $17M Cryptocurrency Scam
Investors in an alleged $17 million crypto scam are filing a lawsuit with the Port Elizabeth High Court against the CEO of VaultAge Solutions. Go to Source Powered by WPeMatico
As Protests Rage, Someone in Crypto Wants to Make Money on George Floyd
Some in the crypto community are using the turmoil in the United States to push a George Floyd token in what appears to be an obvious cash grab that feeds on sentiment. Go to Source Powered by WPeMatico
Scammer Spoofs SMS Identifier to Steal Funds From Bitcoin User
A Bitcoin exchange transaction resulted in a user getting scammed as a spoofed SMS message from a payment app made it seem that the attacker executed the payment. 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