Senior government officials in Turkey are considering establishing a centralized authority to tackle counterparty risk in digital currency transactions, after employees were arrested at Vebitcoin and Thodex.
Thodex exchange is suspected of taking $2 billion from close to 400,000 investors in Turkey, according to reports.
A Spanish company developing digital currency trading bots has sparked fears of an exit scam after freezing users’ accounts.
Sushi Token founder Chef Nomi has returned the 38,000 ETH he previously liquidated in what many believed was an exit scam.
Jed McCaleb was on the team that founded Ripple—and for a very long time, he has been selling upwards of 1 million XRP per day.
Chinese exchange FCoin has shut down claiming to be under maintenance, but it appears the problems are bigger and could lose $125 million for its users.
Cobinhood has announced that it’s shutting down for a month to allow time for auditing. Users can still reportedly withdraw their funds, but can’t deposit.
COSS exchange has suspended trading on its platform abruptly, sparking fears of an exit scam. It however claims funds are safe and it’s just updating its code.
After mysteriously losing $1M in user funds, the cryptocurrency wallet is blaming its web hosting company for fraud and theft.
CipherTrace released a recent report, the Q2 2019 Cryptocurrency Anti-Money Laundering Report, that points out that aggregate losses have reached $4.3 billion this year.
The alleged scam involves the issuance of native tokens by the platform, known as EtherDelta Tokens, after the exchange was acquired by anonymous local investors.