Brazilian police arrest culprits behind $210 million crypto scam
Brazil has cracked down on a massive pyramid scheme that brought in over 50 thousand victims.
Brazil has cracked down on a massive pyramid scheme that brought in over 50 thousand victims.
Google has caught two apps that were pretending to be popular crypto wallets, one of which was trying to steal user funds.
Chinese scammers promised a deal that was too good to be true, and surprise, they were stealing BTC.
The U.K. continued to suffer from crypto scams during the down market, and it appears the old tricks still work.
OneCoin’s team is stepping up to fight back against accusations that it is a pyramid scheme.
Two exit scams look like they’ve revealed themselves, running away with millions and leaving a trail of evidence of their true natures.
A company was reportedly selling mining hardware and was able to sell around $290 million in goods. However, it was all a big lie.
To help mature the industry, some of the biggest investors are proposing to create a backlist of bad actors in the crypto space.
Douglas Monahan allegedly used money from his iBackPack campaign on “personal purposes,” namely buying BTC, according to the Federal Trade Commission.
Myanmar’s central bank has warned its citizens to steer clear of cryptocurrency, rather than educate them like some other countries have.
“Crypto Brahma” took money from the group’s ICO but insisted that the intention was never to run an exit scam, promising to return all the investments.
Cryptocurrency intelligence firm CipherTrace has detailed the many and varied scams, hacks and thefts to have plagued the cryptocurrency community so far this year.