Fraud

Legal

BitConnect Lawsuits Are Piling Up In Florida

Another lawsuit seeking class-action status has been filed in Florida against BitConnect.

Policy & regulation  ·  12 February 2018
North Korea

South Korea: North Korea Stole Millions From Crypto Exchanges Last Year

The South Korean National Intelligence Service claimed North Korea stole "billions of won" in cryptocurrencies last year.

Policy & regulation  ·  5 February 2018
Regulation

Texas Hits Another Crypto Lending Platform with Cease-and-Desist

Texas' securities agency has issued another emergency cease-and-desist order, this time against crypto lending scheme DavorCoin.

Policy & regulation  ·  5 February 2018
Crime

Copycat Twitter Accounts Seek to Scam Crypto Users

A new type of scam sees Twitter users copying cryptocurrency developers and companies and asking the public to send "donations."

Policy & regulation  ·  2 February 2018
Crime

Amazon User Orders Bitcoin Miner, Gets ‘Boss Baby’ DVD Instead

An Amazon UK customer is relieved after finally receiving a refund for an Antminer S9 which he paid for but never received.

Policy & regulation  ·  23 January 2018
Regulation

Bulgaria Joins ‘International Operation’ Against OneCoin

Bulgaria's government has revealed it is part of an international crackdown of OneCoin.

Policy & regulation  ·  19 January 2018
Crime

CFTC Files Suits Against Crypto Investment Schemes for Alleged Fraud

The U.S. Commodity Futures Trading Commission brought two lawsuits against allegedly fraudulent cryptocurrency investment schemes yesterday.

Policy & regulation  ·  19 January 2018
Bitcoin

Crying Wolf? Why You Can’t Ignore Crypto Scam Claims

Sorting the signal from the noise may be harder in the cryptocurrency space than almost anywhere else.

Tech  ·  27 November 2017
Crime

Blockchain Has Potential in Curbing Odometer Fraud: EU Report

The European Parliament has released a research paper that touts blockchain in the prevention of odometer fraud or "clocking."

Policy & regulation  ·  21 November 2017
Police Investigations

Canadian Police Issue Warning Over Bitcoin Tax Scam

Police in York, Canada, have warned of a tax scam after over 40 people were convinced to send money via bitcoin ATMs.

Policy & regulation  ·  9 November 2017
Investments

SEC Chair ‘Optimistic’ on Efforts to Catch ICO Bad Guys

The chairman of the Securities and Exchange commission offered new remarks on the topic of ICOs earlier today.

Markets  ·  4 October 2017
Crime

CFTC Sues New York Man Over Alleged $600k Bitcoin Ponzi Scheme

The Commodity Futures Trading Commission has filed a lawsuit against a New York-based man and his company for allegedly running a bitcoin scam.

Policy & regulation  ·  22 September 2017
Europe

The European Union Wants to Beef Up Penalties for Cryptocurrency Crimes

The EU is eyeing beefed-up penalties around crimes involving cryptocurrencies, such as ransomware, the European Commission said this week.

Policy & regulation  ·  21 September 2017
Europe

Swiss Finance Regulator Cracks Down on ‘E-Coin’ Cryptocurrency Scheme

Switzerland's financial markets regulator has cracked down on a trio of companies tied to an alleged cryptocurrency scam.

Policy & regulation  ·  20 September 2017
UK

Moolah Exchange Founder Denies Fraud Charges in First Court Hearing

The trial of Ryan Kennedy, the controversial founder of the now-defunct dogecoin exchange Moolah, began in a UK court this week.

Policy & regulation  ·  15 September 2017