Category: Scams
Cryptocurrency Scams
YouTube Attributed to Millions of Losses due to Crypto Scams
It is a well-known fact that the crypto market has experienced significant growth throughout 2021. The total market capitalization hit a whopping $3 trillion, albeit…
Avoiding Crypto Scams is Indeed Possible if you play things Right
It would be fair to say that crypto has been on a roll for many years and it does not seem like it would be…
Stealing Crypto Became Less Attractive Due to Market Crash
The world of crypto has always been eventful and there is always one piece of news or the other that tends to keep on the…
Two Female Arrested for Being Involved in Russia’s Most Infamous Crypto Fraud Pyramid, Finiko
The arrest of two females have been made by the Police officials in the area of Tatarsta, Russia over alleged involvement of the arrested individuals…
US SEC Has Charged BitConnect And Its Founder with A $2B Crypto Fraud
Long after BitConnect (a platform for crypto trading) quitted functioning, the US Securities-and-Exchange-Commission has now alleged the founder thereof for fraud. Satish Kumbhani, as well…
Taiwan Police Arrest 14 Individuals Suspected For Crypto Fraud
At least 14 individuals have been arrested by the Police in Taiwan as the authority believes that the arrested individuals are part of a crypto…
Bitconnect’s Founder Booked For Crypto Fraud of US$2 Billion While Director Admits Guilt
Bitconnect was a crypto fraud scheme that embezzled public funds amounting to US$ 2 Billion approximately, however, the authorities were able to catch the main…
19 Individuals Connected With an International Scam Relating To Crypto Arrested in Hong Kong
At least 19 male, as well as female individuals, have been arrested by the police in Hong Kong over their alleged involvement in a multi-million…
Israeli Crypto Thief Sent To Jail for 8 Years
An Israeli man named Afek Zard has been ordered by an Israeli Court to serve 8 years in imprisonment after the Court found him guilty…
Authorities In China Take Action Against 380 Cryptocurrency Fraud Groups
The data records of the country’s anti-fraud center pointed out and enacted against up to 380 illegitimate groups that were suspected to be involved in…
Information Regarding Whereabouts of Mega Crypto Scandal Africrypt’s Operators’ Whereabouts Rumored
A new twist in one of the mega crypto scandals of South Africa namely Africrypt has taken place in which controversial statements with regard to…
US Lawmaker Initiates Probe against Use of Crypto for Cybercrimes
An investigation aimed towards the usage of crypto for the purposes of committing cyber and other related crimes has been initiated by Gary Peters, the…
Africrypt Saga Experiences a New Twist
It appears that there is a new twist in the Africrypt saga, as contradicting claims have been made by two different reports regarding the whereabouts…
Andreessen Horowitz Propels 2.2 Billion Dollar Crypto Fund
A crypto venture fund of US$ 2.2 Billion has been proposed to be propelled by Silicon Valley’s Andreessen Horowitz. The company has high hopes with…
Africrypt Founders Escape With BTC Worth $3.6 Billion
Briefly – The Africrypt founders have escaped with Bitcoin worth $3.6 billion. Founded two years ago (2019), Africrypt is among the leading crypto broker in…
South African Court Submissions Expose Lies and Deceptive Tactics Used to Perpetuate MTI Bitcoin Ponzi Scheme
Official Liquidator, as well as the Financial Sector Conduct Authority (FSCA) of South Africa, have presented new submissions before the Court hearing the matter of…
Ousted President Trump Labels Bitcoin as “Scam”, Advocates For Strict Regulation
In a recent statement, the ousted US President Donald Trump said that he never liked Bitcoin nor he thinks Bitcoin has any fundamentals to engage…
SEC Has Sued 5 People For The Promotion Of Bitconnect Ponzi Scheme
Securities and Exchange Commission (SEC) states that four promoters of BitConnect were functionally involved in selling its digital currency securities between the Januaries of 2017…
$2 Million Crypto Fraud Caused On Those Who Were Deceived For Elon Musk’s Name Sake
Crypto scam activities on the horizon in the US, says Federal Trade Commission (FTC) of the US. Within the past one and half months, people…
CEO of Turkish Crypto Exchange Thodex Has Reportedly Fled Away With Funds Worth $2B
According to some reports, it is highlighted that the CEO of Turkish Crypto Exchange company Thodex, Mr. Faruk Fatih Ozer, has escaped the country with…
Recent User Comments