New Zealand regulator warns against Profit Bitcoin scam
The financial markets regulator in New Zealand has warned against Profit Bitcoin, a company it believes has all the hallmarks of a scam. It promises $13K a day.
Latest scam News
SEC charges former pastor involved in $500,000 digital currency fraud
SEC has charged a former Texas pastor and his wife for defrauding 500 investors of close to $500,000 in a token sale, mining scam and fake stock certificates.
CFTC default on $147M digital currency Ponzi scheme
The CFTC has requested default and a voluntary dismissal of its action against Control-Finance and its operator Benjamin Reynolds who it claims defrauded $147M.
French soccer star sues scammers who used his image
French soccer sensation Kylian Mbappe is suing scammers who used his image to promote a digital currency scam. The scam promised incredibly huge returns.
Beware of BTC scams preying on Coronavirus fears: UK authorities
A number of local authorities in the U.K. have urged their residents to beware of scammers that ask for BTC in order to avail list of active local infections.
US fights back against OneCoin lawyer appeal
Mark Scott was convicted on charges of laundering as much as $400 million on behalf of the allegedly fraudulent digital currency scheme.
Canadian regulator cautions against 2 digital currency scams
A Canadian provincial regulator has warned the public against two digital currency firms. The two are affiliated and have been linked to other fraudulent firms.
Former US Senator busted in digital currency ICO scam
The SEC has brought an emergency action against the former politician and two accomplices.
Fraudsters target coronavirus fears with fake BTC donations drive
A number of fake emails have been asking for BTC donations to the World Health Organization (WHO) COVID-19 Solidarity Response Fund.
2 Canadians get jail time in US over HitBTC Twitter scam
The two were involved in a scam impersonating a customer service Twitter account of digital currency exchange HitBTC.
If exchanges won’t stop Bitcoin scams, processors can—and will
A recently-published research report into the PlusToken scam highlights the role regulated digital exchanges play in laundering the proceeds of crime.
FCA issues warning to avoid coronavirus-linked digital asset scams
People need to be cautious when approached about any investment linked to COVID-19.