Scam

Crime

$50 Million Gone? South African Police Probe Suspected Bitcoin Ponzi

As much as $50 million may have been lost by an international group of investors after putting their money into a bitcoin investment group.

Policy & regulation  ·  2 March 2018
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
Crime

Bee Token ICO Stung by $1 Million Phishing Scam

Due to a phishing scam, investors in the Bee Token ICO have actually sent nearly $1 million to malicious actors instead.

Policy & regulation  ·  1 February 2018
CFTC

CFTC Sues Obscure Crypto Scheme ‘My Big Coin’ for Fraud

The Commodity Future Exchange Commission (CFTC) has charged two individuals and a Las Vegas-based business in connection with a cryptocurrency scam.

Markets  ·  24 January 2018
Hack

Hacks, Scams and Attacks: Blockchain’s 2017 Disasters

Hackers and scammers netted nearly $490 million in 2017. In this recap, CoinDesk takes a look at the most important incidents and their impact.

Markets  ·  29 December 2017
Crime

ICO Scammers Steal $500k in Phony Enigma Project Pre-Sale Launch

As much as $500,000 in ether has been stolen from supporters of the Enigma blockchain project following a security compromise.

Policy & regulation  ·  21 August 2017
Crime

Indian Police Prepare Charges Against OneCoin Founder Ruja Ignatova

Authorities in India have prepared charges against Ruja Ignatova, founder of the suspected fraudulent investment scheme, OneCoin.

Policy & regulation  ·  11 July 2017
Crime

More German Prosecutors Join OneCoin Investigations

Regional prosecutors in Germany are investigating a payment processor connected to OneCoin.

Policy & regulation  ·  10 May 2017
Fraud

Police Are Holding OneCoin Promoters in Custody in India

Indian police are continuing their efforts to recoup funds from promoters of OneCoin.

Markets  ·  2 May 2017
Regulation

German Regulators Order OneCoin to ‘Dismantle Trading System’

Germany is stepping up its ongoing crackdown on OneCoin, a digital currency investment scheme widely believed to be fraudulent.

Policy & regulation  ·  28 April 2017
Ethereum

Matchpool: The ICO ‘Scandal’ That Wasn’t

It's been a bumpy ride from the heights of a successful ICO to allegations of an 'exit scam'. What's been going on at Matchpool?

Business  ·  15 April 2017
Crime

A Digital Currency Scam is Misusing the Rothschild Family Name

Financial advisory firm Rothschild & Co. issued an unusual warning on Monday: stay away from a fake and fraudulent digital currency.

Policy & regulation  ·  27 January 2017
Crime

Alleged Bitcoin Scammer Busted By Dubai Police

Police in Dubai have reportedly arrested a man accused stealing bitcoins from several individuals.

Policy & regulation  ·  9 November 2016
Crime

GemCoin Investors Seek $100 Million in Class Action Lawsuit

An $100m class action lawsuit has been filed on behalf of victims of an alleged Ponzi scheme involving the fake cryptocurrency 'Gemcoin'.

Policy & regulation  ·  8 October 2015