Italian police arrest man linked to crypto investment fraud
A man has been accused of using fake identities and business relationships to scam investors out of their money and gold.
Latest scam News
Cryptopia outlines eventual return as exchange resumes trading
Co-founder Rob Dawson categorically denies that an exit scam took place, and points out that Cryptopia actually plans on reopening. For now, the crypto exchange has resumed trading on 40 various crypto trading pairs.
Crypto mining startup wanting to challenge the big guns appears to be a scam
OnMiners touts a new generation of mining rigs that use endothermic chips. but it now appears it may be nothing more than a scam.
Canadian securities regulator warns of suspicious crypto exchange
The British Columbia Securities Commission (BCSC) has issued a warning against Canada Bitcoin Exchange Inc.
Police in Canada hunt BTC ATM double-spend scammers
Police in Canada are pursuing four men in connection with so-called ‘double-spend’ attacks, a type of cryptocurrency scam that has been plaguing Bitcoin Core (BTC) across the country.
Crypto in Africa: Kenyan’s scammed, growth in West Africa, Nigeria
Countries in Africa are destined to use blockchain technology and cryptocurrency to change their societies as a whole. While many are using these technologies for good, some are still looking for an easier path to illegal activities.
Cryptocurrency scam sweeps through Sweden
The scam lures victims in by promising high-end merchandise but requires the interested buyer to exchange their fiat currency into cryptocurrency for the purchase to be finalized, according to reports.
‘Money falling from sky’ businessman arrested again for fraud
Wong Ching-kit is learning not to draw too much attention to himself the hard way, as he’s now been arrested by Hong Kong’s Commercial Crime Bureau for running a mining related fraud scheme.
Scam alert! $20 million Chinese crypto startup faking its team
A crypto project in China is increasingly revealing itself as a big scam, with fake team members and the obvious appearance of a pyramid scheme.
Indian crypto scam defrauds $259,000 from 12 investors
Police in Mumbai have booked a local entrepreneur for defrauding 12 investors with a scam cryptocurrency coin.
FBI seeks BitConnect victims’ help in their investigation
The investigation in BitConnect’s alleged Ponzi scheme continues, and the FBI is looking for help to get to the bottom of it.
Thailand crypto mining scam allegedly victimizes 140
A crypto mining site has been accused of stealing as much as $1.34 million from its investors.