
Scam
DROP token creators plead guilty to $1.8M ICO scam, settle with SEC
The two raised $1.9 million by selling over 600 million native tokens, all while issuing false statements, presenting fake profitability...
Brazil’s ‘Bitcoin King’ arrested over alleged $300M embezzlement
Claudio Oliveira was the president of the Bitcoin Banco Group, a Brazilian digital currency brokerage company that reportedly lost over...
8,000 BTC from South Africa’s Mirror Trading International scam recovered: report
Mirror Trading International grabbed headlines after it allegedly scammed 280,000 investors by posing as a multi-level marketing scheme, promising get-rich-quick...
South African regulator to declare digital currencies as financial products after $3.8B scam
The Financial Services Conduct Authority is seeking to categorize digital currencies as a financial product, giving it jurisdiction over the...
Founders of alleged scam Africrypt deny involvement in $3.8B ‘hack’
Africrypt targeted high-net worth individuals and celebrities, promising them ludicrous returns, according to reports in South Africa.
South Africa BTC scam Africrypt makes off with $3.8B, asks victims not to report
South African investors are still in shock after a digital currency scam reportedly made off with R54 billion ($3.8 billion)...