Fool’s gold? Peter Schiff’s bank under investigation in tax evasion probe
The bank’s security was also a problem […] at one point, Russians tried to extort the bank for a ransom of 1000 bitcoins
Tag: Bitcoin Scams
Facial Recognition Could Help to Stamp Out Bitcoin Social Media Scams
Facial recognition can help prevent future Bitcoin (BTC) scams like those that hit Twitter and YouTube, said Rod Hsu, president and co
OneCoin Co-Founder Escapes 90-Year Jail Term Following Court Settlement
Konstantin Ignatov, co-founder of major cryptocurrency exit scam, OneCoin, initially faced up to 90 years in jail after pleading guilty
Two OneCoin Promoters Found Dead in Mexico
Oscar Brito Ibarra and Ignacio Ibarra, two major OneCoin promoters, were apparently kidnapped and killed in Mexico, en Español reports on July 14.
Cardano Foundation Warns About Suspicious Activities in Japan
The Cardano Foundation — the organization behind major cryptocurrency Cardano (ADA) — warned that a suspicious firm is trying to rake in investments
Gibraltar Financial Watchdog Issues Warnings for Four Crypto Sites
On June 5 the Gibraltar Financial Services Commission, or GFSC, published four public warnings against cryptocurrency websites that claim to have
Crypto Scammers Impersonate Members of Olympic Committee
The ongoing pandemic forced the postponement of the Olympic Games in Tokyo. This has triggered a series of online crypto-related scams
Crypto Sextortion Scams Prove to Be Alarmingly Successful
Between September 1, 2019, and January 31, 2020, nearly $500,000 in profits we gained by cybercriminals engaging in sextortion.
Crypto Scams on the Rise and Can Still Affect Bitcoin’s Price
PlusToken is not behind the recent Bitcoin price crash, but as scam activity peaks amid the pandemic they may still affect the market.
Texas regulatory agency found cryptocurrency company at fraudulent charities COVID-19
The Texas securities regulator has continued its crackdown on cryptocurrency scams, spotting an alleged fraudulent crypto firm that made fake claims about COVID-19
SEC Alleges Minority Communities Targeted By Bottled Water Scam
The United States Securities and Exchange Commission has charged a former pastor and his wife for stealing $500,000 through a trio of fraudulent businesses, including a cryptocurrency offering purportedly backed by a bottled water business.
Bitcoin Scams Continue to Exploit Covid-19 Chaos in UK
Following a warning from the national watchdog earlier this month, regional authorities across the United Kingdom say Bitcoin scammers are using the coronavirus crisis to hoax citizens.
Bitcoin Drop Due to 13K BTC PlusToken Scam, Not Coronavirus — Analysts
Bitcoin (BTC) began its sudden crash due to another giant sell-off from the PlusToken pyramid scheme, analysts are suggesting as BTC/USD lost $8,000 support.
