Scams

Bitcoin

UK Counties Warn of Bitcoin Scams Using Coronavirus as a Hook

U.K residents are being warned against scammers claiming to offer information on locals infected with coronavirus for payments in bitcoin.

Policy & regulation  ·  27 March 2020
Legal

Alleged Architects of $720M BitClub Ponzi Request Jail Release Over Coronavirus Risk

The accused scammers argue they are unable to follow medical advice in an enclosed jail environment.

Policy & regulation  ·  24 March 2020
Coronavirus

Thieves Swindle $2M From Coronavirus Preppers With Hand Sanitizer, Face Mask Scams

Scammers purporting to sell face masks, hand sanitizer and medication have stolen at least $2 million in cryptocurrency from panicking consumers, claims blockchain security firm AnChain.AI.

News  ·  18 March 2020
FCA

UK Financial Regulator: Watch Out for Coronavirus Crypto Scams

The United Kingdom’s Financial Conduct Authority is asking investors to watch out for coronavirus-related crypto scams.

News  ·  12 March 2020
Chainalysis

Better Regulation Could Curb Crypto Scams, Chainalysis Report Says

Chainalysis’ 2019 crime report found illicit activities accounted for roughly 1 percent of overall crypto transactions last year, and better enforcement of anti-money laundering and know-your-customer regulations could stamp out a large portion of that.

News  ·  29 January 2020
Crime

Australian Police Charge 5 Over $1.8 Million Cryptocurrency Scam

Five people have been charged in Australia over a cold-call cryptocurrency investment fraud that allegedly duped investors for over $1.8 million.

Policy & regulation  ·  8 August 2019
Europe

UK Finance Watchdog Mimicked in Crypto Scam Email

British regulator, the Financial Conduct Authority, is being impersonated in an email promoting a cryptocurrency scam.

Policy & regulation  ·  23 July 2019
ICOs

A Suspect Crypto Site Stole My Identity – and I’m Furious

A site called "US Veteran Token" looks to be using goodwill toward military vets to scam investors. And one of our bios was stolen to promote it.

Markets  ·  21 July 2019
Scams

Protestors Set Alleged Bitcoin Ponzi Scheme Perpetrator’s Home on Fire

Before shutting down, Bitcoin Wallets' "manager" promised 100-percent returns on investors' money in just two weeks. Then they burned down his house.

Markets  ·  11 July 2019
Tron

Tron Says Protestors at Beijing Office Invested in Imposter Scheme

The price of Tron tanked Monday on inaccurate rumors of a "police raid" at the company's office in Beijing. The real story was more interesting.

Markets  ·  8 July 2019
Bitcoin

Scammer Taunts Couple Who Lost Thousands in Bitcoin Fraud

An Australian couple lost over AU$20,000 in a bitcoin scam, and were even taunted by the perpetrator over their losses.

Policy & regulation  ·  4 July 2019
Security

‘Moderation Bot’ Blacklists Telegram Users to Tackle Crypto Scams

Blockchain advisory firm AmaZix is launching a "moderation bot" to help stamp out cryptocurrency scams on popular messaging app Telegram.

Policy & regulation  ·  3 July 2019
Exchanges

Irish Crypto Exchange Bitsane May Have Disappeared With Users’ Funds

Irish cryptocurrency exchange Bitsane may have done a runner with users' funds, according to a report.

Policy & regulation  ·  28 June 2019
Exchanges

Six Arrested Over Cloned Crypto Exchange That Stole €24 Million

Europol and police agencies have busted a cloned exchange operation that stole over $27 million in bitcoin from thousands of victims.

Policy & regulation  ·  26 June 2019
Scams

Scammers Target Would-Be Libra Crypto Buyers With Fake Site

Buyer beware: the difference between ì and i can mean the loss of a few thousand dollars if you're not careful.

Markets  ·  24 June 2019