BiteBTC exchange under fire for questionable activities
Users of the BiteBTC exchange, which was first introduced last year, are accusing the platform of stealing their funds and running scams.
Latest fraud News
Russian authorities nab alleged creator of massive crypto pyramid fraud
The individual from Kazakhstan was accused of promoting a scheme that stole money from investors by promising undeliverable, low-risk returns from crypto investment.
HitBTC claps back at claims it is insolvent
The HitBTC cryptocurrency exchange has had to deal with backlash after it froze accounts over fears of a mass exodus.
SEC acts against yet another crypto Ponzi scheme in $26M fraud
California resident Daniel Pacheco is accused of selling unregistered securities through two companies, IPro Solutions LLC and IPro Network LLC.
Dutch authorities arrest man over alleged $2.2M crypto mining fraud
Dutch authorities arrested a 33-year-old businessman over allegations of defrauding investors through a crypto mining fraud.
Goxtrade caught using false photos for staff page
Goxtrade appears to have quite a few warning flags for knowledgeable crypto traders, with fake staff being one of them.
Nine suspects steal $2.4M of crypto through SIM Hijacking
Members of a hacking group called “The Community” used a SIM hijacking attack to steal millions, and some are still at large.
Trading firms blacklist to clean up crypto industry
To help mature the industry, some of the biggest investors are proposing to create a backlist of bad actors in the crypto space.
Michael Terpin awarded $75 million in crypto hack case
A court has awarded Michael Terpin $75.8 million as part of a civil judgment from a scheme to defraud him of his cryptocurrency assets.
Blockchain firm Vanbex sues ex-contractor for defamatory statements
Vanbex wants to prove that its not a scam, and blames a former employee for making them look like one.
NYPD and crypto companies unite against crypto scam
The NYPD have teamed up with crypto companies to help squash crypto scams, and they’ve given advice on how to avoid them.
New Zealand church under fire for allegedly helping OneCoin scam
A Samoan church in New Zealand may have helped OneCoin workers convince hundreds in joining their Ponzi scheme.