India rocked by another crypto scam
Local police in India have arrested a new group for defrauding crypto investors.
Latest scam News
Jimmy Song’s desperate need to be relevant
The man who is most memorable for his cowboy hat rather than his ideas or creations in the BTC world has created a rambling video attacking Bitcoin SV, CoinGeek founder Calvin Ayre and Dr. Craig Wright. We look at each of his claims one by one.
Crypto in Africa: Kenyan breakthrough and justice for Ghana scammers
Kenya sees breakthroughs in their water problems while Ghana continues to face cryptocurrency scams.
Police: ‘Battle royale’ gamers stole $2.47M from Turkish crypto firm
Twenty-four suspects have been arrested in a simultaneous operation, after Turkish police received reports of a theft of cryptocurrencies.
Scammers stealing crypto with fake IDs: report
The so-called ‘Deep Fakes’ are already posing challenges for exchanges in verifying the identity of account holders, with the use of doctored verification photos rife, according to reports.
Scam alert: Fraudsters seek to raise money by impersonating Bakkt
Fraudsters have developed a website that claims to be raising money for the development of Bakkt.
FCA issues scam alert after £197M lost to scams in 2018
The Financial Conduct Authority (FCA) has issued a warning to investors over investment scams, many of which are connected to unregulated cryptocurrency companies in the United Kingdom alone.
MyEtherWallet warns against phishing attempts after January hack
The firm asked its users to ignore an email that's doing the rounds asking them for personal information.
Singapore scammers use fake government approval to lure investors
Authorities in Singapore have warned the public not to be misled by companies that are fraudulently claiming the government has officially adopted a digital currency.
Trinidad and Tobago warn against the use of cryptocurrencies
Trinidad and Tobago authorities gave the warning because many of the virtual currencies promised high returns but end up being fraudulent schemes.
Over $1B stolen in crypto thefts, exit scams in 2018 (and Lightning Network is partially to blame)
According to CipherTrace’s report, over $950 million in crypto was stolen by hackers – 3.6 times more than what was stolen the previous year.
Localbitcoins attackers steal $28,000 worth of cryptocurrencies
LocalBicoins was attacked, and the thieves were able to access accounts on the platform and empty funds from affected accounts.