The New Zealand Financial Markets Authority singled out BTC as a highly volatile, risky asset, warning individuals they may lose the full value of their investment in a market reversal.
Umesh Verma launched Pluto Exchange in November 2017, which allegedly issued Coin Zarus that the company promised would only appreciate in value.
The U.S. Securities and Exchange Commission has obtained an emergency asset freeze against Virgil Capital LLC for allegedly defrauding investors under the guise of digital currency investing.
Austin Nedved operated his business from 2017 to 2019, aiding romance and lottery scammers to defraud unsuspecting victims, federal authorities said.
Karl Sebastian Greenwood faces charges of money laundering and securities fraud, in connection with his alleged role in the cryptocurrency scam.
A lawyer representing plaintiffs in a class-action lawsuit against an alleged billion-dollar digital currency scam is calling for forceful action against the perpetrators.
A prolific BTC scam operating in Australia has been traced to fraudsters in Russia, following an investigation by The Guardian Australia.
Belgian authorities have warned against the rise of cryptocurrency frauds on Tinder, which have seen victims lose out financially in their pursuit for love.
A Chinese court also fined the PlusToken operators up to $900,000 for their roles in the $2.25 billion Ponzi scheme.
Beware! There is a scammer that has created a fraudulent MetaMask website and is using it to defraud unsuspecting individuals.