Scams

Binance

Security Researcher Tears Up a Binance Scam Site to Find the Hackers

Harry Denley, researcher for MyCrypto, found and dismantled a clever phishing site that targeted Binance users.

Markets  ·  3 June 2019
Europe

Crypto and Forex Scam Reports Tripled in the UK Last Year, Watchdog Says

Reports of cryptocurrency and foreign exchange scams surged in the U.K. last year, while total reported losses dropped, says the FCA.

Policy & regulation  ·  21 May 2019
Bitcoin

FTC Sues Smart Backpack Crowdfunder Who Spent Proceeds On Bitcoin

The Federal Trade Commission is suing a crowdfunder who promised a smart backpack but instead spent the proceeds on bitcoin.

Policy & regulation  ·  7 May 2019
Crime

Crypto Crime Blotter: Scammers Dupe Jersey Island Man Out of £1.2 million, Backpage Laundered Cash With Crypto

Did Backpage launder cash through crypto? What happened to three Germans on the DarkWeb? This week's Crypto Crime Blotter.

Policy & regulation  ·  6 May 2019
Crime

Crypto Crime May Have Cost Sector $1.2 Billion in Q1, Says Report

Losses arising from cryptocurrency hacks and fraud may have reached as high as $1.2 billion in the first quarter of 2019, CipherTrace estimates.

Policy & regulation  ·  1 May 2019
Crime

Australian Crypto Scam Reports Rose Almost 200% in 2018

Australia saw a surge in reports of scams involving cryptocurrencies last year, according to the country's consumer watchdog.

Policy & regulation  ·  29 April 2019
Scams

Someone Is Impersonating Bitcoin Futures Platfom Bakkt to Raise Money

There's a website out there masquerading as Bakkt in an apparent attempt to bilk people out of their bitcoin.

Markets  ·  7 February 2019
Regulation

Alabama: The Unlikely Frontline for America’s Crypto Fraud Crackdown

Alabama's securities agency has led the way on enforcement against ICO fraudsters, using investigation techniques pioneered chasing gun runners.

Policy & regulation  ·  20 November 2018
Japan

Police Arrest 8 Over Alleged $68 Million Crypto Pyramid Scheme in Japan

Police in Tokyo have arrested eight men alleged to have run a cryptocurrency pyramid scheme that amassed about $68.70 million.

Policy & regulation  ·  15 November 2018
Crime

Official Google Account Hacked in Latest Twitter Crypto Scam

An official, verified Twitter account owned by Google has become the latest to be hacked to host a crypto "giveaway" scam.

Policy & regulation  ·  14 November 2018
Facebook

Fake News Site Used New Zealand Prime Minister to Pump Bitcoin Startup

A fake news site used images of New Zealand's prime minister in sponsored posts on Facebook to promote a bitcoin firm.

Markets  ·  12 October 2018
Scams

Belgian Government Issues Cryptocurrency Fraud Warning

Belgium's top financial regulator has issued a new warning about cryptocurrency scams.

Markets  ·  6 September 2018
Scams

Kaspersky: Cryptocurrency Scammers Stole $2.3 Million in Q2

Cybercriminals earned more than $2.3 million from cryptocurrency scams during the second quarter of 2018, a new study reports.

Markets  ·  15 August 2018
Bitcoin

Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam

A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand.

Policy & regulation  ·  13 August 2018
Crime

Researchers Discover Huge Crypto Scam Botnet on Twitter

Researchers have uncovered a large botnet that mimics legitimate accounts on Twitter to spread a cryptocurrency "giveaway" scam.

Policy & regulation  ·  7 August 2018