Powered by WPeMatico
Category: schemes
Auto Added by WPeMatico
Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case
Powered by WPeMatico
Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals
Powered by WPeMatico
Korean Exchange Upbit Paid Six People for Reporting Fraudulent Crypto Schemes
A major South Korean exchange, Upbit, has paid six people for reporting fraudulent crypto-related schemes. Ten cases were reported to the exchange and six of them were selected. Upbit also recently partnered with Thomson Reuters to operate a system to support transparent crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Upbit Paid […]
The post Korean Exchange Upbit Paid Six People for Reporting Fraudulent Crypto Schemes appeared first on Bitcoin News.
Powered by WPeMatico
Bitcoin in Brief Wednesday: German Banks Trade Cryptos, US Universities Invest in Crypto Hedge Funds
In today’s Bitcoin in Brief, regulators in Berlin have revealed that at least six German financial institutions are involved in cryptocurrency trading. Also, it has been reported that American universities have started investing in crypto hedge funds. The investments are on a limited scale but nevertheless indicate a growing interest from academic institutions. And, authorities […]
The post Bitcoin in Brief Wednesday: German Banks Trade Cryptos, US Universities Invest in Crypto Hedge Funds appeared first on Bitcoin News.
Powered by WPeMatico
Scam Round-Up: Asian Investment Schemes and Snail Mail Extortion
Unfortunately, as with any industry, scams of all shapes and sizes persist within the cryptocurrency sector. This past week has seen a Filipino couple arrested after amassing over $17 million USD through a bitcoin investment scam, and protests held outside the office of a Vietnamese company that swindled $660 through two multi-level marketing (MLM) initial […]
The post Scam Round-Up: Asian Investment Schemes and Snail Mail Extortion appeared first on Bitcoin News.
Powered by WPeMatico
South Korean Exchange Paying Users to Report Illegal Crypto Schemes
The Kakao-backed cryptocurrency exchange Upbit has launched a system to reward users for identifying fraudulent multi-level schemes related to cryptocurrencies. The exchange has already identified and reported 20 such schemes to the police. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Reporting Illegal Schemes South Korea’s largest cryptocurrency exchange Upbit has invited […]
The post South Korean Exchange Paying Users to Report Illegal Crypto Schemes appeared first on Bitcoin News.
Powered by WPeMatico