Florida Man Charged Over $1.6M ‘Compcoin’ Scam
After promising investors exorbitant returns through ‘proprietary trading algorithms’, the defendant left customers holding worthless ‘Compcoins.’ Go to Source Powered by WPeMatico
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Etherscan Launches Fraud Monitoring and Address Blacklisting
Etherscan has launched a feature allowing users to identify tokens and wallets that have previously been tied to illegal activities Go to Source Powered by WPeMatico
Philippine SEC Exposes Fraudulent ‘Abundance-Based’ Crypto Investment Scheme
Philippine financial regulators have warned the public against a scheme that claims to “revolutionize the global financial system in order to eradicate world poverty” Go to Source Powered by WPeMatico
New Zealand Police Spotlight Bitcoin Ransom Scam Targeting Porn Viewing
New Zealand authorities say that victims are being blackmailed by fraudsters claiming to have sensitive information on porn consumption Go to Source Powered by WPeMatico
Crypto Scammers are Forced to Work Harder due to the Coronavirus Crisis
It is evident that the coronavirus crisis is shaking things up on a global basis. Recent findings by Chainalysis further confirm how scammers aren’t paying enough attention to ensure their nefarious projects keep generating revenue. Many different factors influence the success of a cryptocurrency scam. Scammers Need to put in More Effort More often than … Read more
$2M Crypto Scam Allegedly Funded Man’s Lavish Lifestyle
A trust alleges that the defendant siphoned hundreds of thousands into his personal bank account from businesses he operated Go to Source Powered by WPeMatico
Despite COVID-19 Scams, Crypto Fraudsters’ Incomes Fell 30% in March
The average value of weekly transactions sent to the wallets of known scammers has taken a 30% hit since the start of March Go to Source Powered by WPeMatico
Facebook Sues User for Cloaking Ads for Fake COVID-19 News and Crypto Scams
Facebook and Instagram sue user for cloaking ads for fake COVID-19 news and crypto scams, sneaking them past reviewers Go to Source Powered by WPeMatico
Bitcoin Trading Scam Claims to Involve Prince Harry and Meghan Markle
A Bitcoin scam promotion features U.K. royal family members Prince Harry and Meghan Markle Go to Source Powered by WPeMatico
Binance Hits Back at ‘Embezzlement’ Claim
Binance claims that the user making the claims obtained the seized funds by impersonating the exchange in a fake listing scam Go to Source Powered by WPeMatico