Latest News Of scam Tag

Coinflux services frozen on heels of CEO’s arrest

Business 8 hours ago

Coinflux services frozen on heels of CEO’s arrest

CoinFlux, who boasts as the leading digital currency exchange service from Romania, is having a really bad week. According to several Romanian sources, Vlad Nistor, the CEO of Coinflux, was arrested by local law enforcement ...

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AriseBank founders to pay millions over ICO fraud charges

Business 18 hours ago

AriseBank founders to pay millions over ICO fraud charges

Toward the end of November, one of the founders of AriseBank, a cryptocurrency company operating out of Texas, was arrested by the FBI for his participation in a multi-million dollar scam tied to the platform ...

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AriseBank CEO arrested by FBI over $4M scam

Business 2 weeks ago

AriseBank CEO arrested by FBI over $4M scam

Another scammer targeting the cryptocurrency space has been taken out. In a press release by the U.S. Department of Justice (DOJ) from last Wednesday, the agency announced that the Federal Bureau of Investigation (FBI) has ...

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Silicon Valley exec loses $1M in SIM card hack

Business 3 weeks ago

Silicon Valley exec loses $1M in SIM card hack

SIM card scams are becoming a major issue. This past July, a Californian man barely out of his teens was arrested for his alleged involvement in a theft ring that reportedly stole over $5 million ...

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PureBit exchange operator repents, issues refunds after exit scam

Business 4 weeks ago

PureBit exchange operator repents, issues refunds after exit scam

At the beginning of the week, users of the South Korean cryptocurrency exchange PureBit had a rude awakening when they realized that the exchange’s owner had pulled a fast one and had run off with ...

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Four bogus wallets removed from Google Play Store

Tech 4 weeks ago

Four bogus wallets removed from Google Play Store

Four fake cryptocurrency wallet apps were recently found on the Google Play Store, and subsequently taken down. Malware researcher Lukas Stefanko said in a blog post that he found that the apps “tried to trick ...

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Target, Google Twitter accounts succumb to crypto scammers

Tech 4 weeks ago

Target, Google Twitter accounts succumb to crypto scammers

I’m not sure what’s worse—that Twitter cryptocurrency-stealing scams are still popping up, or that people are still falling for them. It’s a simple concept, really. If someone is promoting free cryptocurrency on Twitter, it’s more ...

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PureBit exchange pulls exit scam, runs off with almost $3M in ETH

Business 1 month ago

PureBit exchange pulls exit scam, runs off with almost $3M in ETH

Crypto traders using the South Korean exchange PureBit understand why Mondays are typically considered to be bad days. Over the weekend, the small exchange suddenly and unexpectedly turned off its lights and locked its doors, ...

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Police in the Philippines bust 6 foreigners for crypto theft

Business 1 month ago

Police in the Philippines bust 6 foreigners for crypto theft

A small group of foreigners in Pasay City in the Philippines have been arrested after allegedly stealing almost $100,000 (PHP5 million) worth of cryptocurrency. The thieves, who were identified as Chinese nationals, were turned over ...

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Thai siblings linked to $24M crypto scam plead not guilty

Business 1 month ago

Thai siblings linked to $24M crypto scam plead not guilty

The three siblings arrested in Thailand on allegations of fraudulently tricking a Finnish investor into shelling out over $24 million in cryptocurrency have pleaded not guilty to money laundering charges. On Wednesday, the Bangkok Post ...

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Thai authorities revoke passport of suspect in $24M crypto scam

Business 2 months ago

Thai authorities revoke passport of suspect in $24M crypto scam

A suspect involved in a Thailand cryptocurrency scam is unable to return home after the Foreign Ministry of Thailand revoked his passport, Bangkok Post reported. This has prevented him to return home to face charges. Prinya ...

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Indian authorities track down prolific ‘Kassh coin’ crypto scammer

Business 2 months ago

Indian authorities track down prolific ‘Kassh coin’ crypto scammer

Authorities in India have finally caught up with a prolific cryptocurrency scam artist, alleged to have been involved in a number of scams affecting dozens of investors in the country. In a major coup for ...

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