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‘Bitcoin of the Middle East’ Scam Lands Canadian Expat in Dubai Jail
1.11.2019
A Dubai-based Canadian expat has been arrested for peddling an allegedly fraudulent cryptocurrency, billed as the “Bitcoin of the Middle East”
Bitfinex Cries Fraud as Crypto Capital Executive Indicted by US
30.10.2019
How the firm that lost $880 million worth of Bitinex’s funds rose to prominence
Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested
28.10.2019
The operators of Bitfinex claim that the cryptocurrency exchange is a victim of fraud committed by its payment processor Crypto Capital. The men behind Crypto Capital now face charges related to money laundering in Poland and the U.S. Also Read: Tether Created ‘Largest Bubble in Human...
Crypto Capital Principal Indicted on Fraud, Confirming Bitfinex Allegations
27.10.2019
Crypto Capital's Oz Yosef has been indicited on three criminal acts, confirming statements made by Bitfinex Friday
Bitfinex Calls Itself 'Victim of a Fraud' in Response to Recent Arrest
25.10.2019
Bitfinex calls itself a “victim of a fraud” in response to a recent arrest at Crypto Capital
Bitfinex Denies Laundering, Says It’s a Victim of ‘Fraud’ by Crypto Capital
25.10.2019
The crypto exchange released a statement Friday denying that it had any part in the payment processor's alleged money laundering
Fraudulent Transactions in Crypto, Explained
22.10.2019
Fraudsters are getting increasingly creative. Here are the common scams facing crypto consumers, and the novel approaches being used to stop them #Sponsored
Victim of $24 Million SIM Swap Case Writes Open Letter to FCC Chairman
22.10.2019
Michael Terpin wrote an open letter to the FCC chairman, requesting to take decisive action against SIM swapping after a hacker stole $24 million
Michael Terpin Urges FCC to Curb Crypto Fraud That Cost Him $24 Million
22.10.2019
Terpin plans to distribute his letter to a major mobile industry conference
Alleged Las Vegas Scammer Charged for $11 Million Crypto Binary Options Ponzi
18.10.2019
A Las Vegas man is charged with raising at least $11 million from cryptocurrency investors he promised to trade binary options for, and make gains of up to 300%. According to the charges the money was sent from new clients to previous ones in a classic Ponzi scheme manner. Also Read: Binance to...
ICOs Are Dead But ICO Scammers Are Immortal
16.10.2019
The initial coin offering may have all but died, but the ICO scammer marches on regardless. Whereas legitimate projects have to wrangle with all kinds of challenges including the strength of the market, generating value for investors, creating a real product and actually delivering on the promises...
Crypto and Blockchain News From Brazil: Oct. 6-12 in Review
13.10.2019
This week’s selected cryptocurrency news from Brazil, courtesy of Cointelegraph Brasil
Karatbars Accused of Fraud; Claims Obama’s Sister is a Supporter
12.10.2019
Karatbars International is a project led by Harald Seiz, Josip Heit, Alex Bodi, and Ovidiu Toma. It is a global Multi-level Marketing (MLM) e-commerce business known for selling small gold bars and gift items in gold bullion. The company has come under fire recently over its past promises...
US Charges Singaporean Miner Who Stole $5M Worth of Cloud Computing Power
10.10.2019
The United States prosecutors officially indict a man from Singapore for stealing Amazon Web Services’ cloud computing power to mine cryptocurrencies
Crypto Scams: The Effect on Consumers and Legitimate Businesses
8.10.2019
As a crypto collectible company falls victim to copyright infringement, what are common types of scams in the industry — and how are they identified? #Sponsored
Crypto News From Brazil: Sept. 30–Oct. 6 in Review
6.10.2019
This week’s selected cryptocurrency news from Brazil, courtesy of Cointelegraph Brasil
Bank Raided, Arrests Made but RBI Still Restricts Withdrawals
6.10.2019
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their...
New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals
2.10.2019
Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being...
SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale
1.10.2019
The United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify...
U.S. District Court Backs SEC Fraud Complaint against Crypto Firm, Longfin
1.10.2019
Longfin Corp., the now-defunct cryptocurrency firm, has been ordered by the United States District Court for the Southern District of New York to pay $6.8 million to SEC (US Securities and Exchange Commission) for settling charges related to accounting fraud and unregistered ICO. The official...