July 12, 2019 Co-Founder of Now-Defunct BitFunder Gets 14 Months Imprisonment The co-founder of defunct Bitcoin exchange BitFunder has received 14 months imprisonment in connection with federal charges of obstruction of justice and securities fraud.…
July 5, 2019 Indian Authorities Arrest 4 Individuals Accused of Crypto Ponzi Scheme Indian authorities arrest four individuals believed to be behind the crypto KBC, which allegedly used a pyramid scheme to encourage investments, promising a 100x ROI.…
July 1, 2019 Report: Over 100 Fake Domains Registered Relating to Facebook’s Libra Cyber threat intelligence firm Digital Shadows has reportedly discovered over 100 fake domains relating to Facebook’s forthcoming stablecoin Libra.…
June 30, 2019 Facebook Removes Bitcoin Scam Ads With Abu Dhabi Crown Prince Facebook has removed ads for a bitcoin scam that claimed to have the approval of the crown prince of Abu Dhabi.…
June 28, 2019 Exit Scam? Dublin-Based Exchange Bitsane Vanishes With Users’ Funds Ireland-based cryptocurrency exchange Bitsane has apparently vanished, taking as many as 246,000 users’ crypto deposits with it.…
June 26, 2019 U.K.’s Biggest Store Tesco Pumps Bitcoin With ‘Bill Gates’ Twitter Scam No consumers sent funds to an address promoted via the social network, with Tesco managing to restore order.…
June 25, 2019 Europol Arrests Six People Allegedly Behind $27 Million Bitcoin Theft Europol arrests 6 unnamed individuals in the U.K. and the Netherlands under suspicion of involvement in a multimillion-dollar crypto theft.…
June 23, 2019 CabbageTech Crypto Scheme Operator Pleads Guilty to Wire Fraud A 46-year-old New York resident Patrick McDonnell admitted to stealing funds obtained from his clients instead of investing them in cryptocurrency.…
June 20, 2019 Riviera Beach City Council Agrees to Pay $600,000 in BTC to Ransomware Attackers The city council of Riviera Beach, Florida, has agreed to pay nearly $600,000 worth of BTC to regain access to data lost in a hacker attack.…
June 20, 2019 Recent Firefox’s Zero-Day Flaw Was Used in Attacks Against Coinbase’s Employees The recently reported Firefox’s zero-day flaw was used by hackers to attack Coinbase employees on June 17.…
June 20, 2019 QuadrigaCX Co-Founder Used User Deposits for His Own Trading, Created Fake Accounts The exchange’s deceased owner was transferring user funds off the exchange and using them in his own margin trading on other platforms.…
June 20, 2019 U.S. Authorities Seek Extradition of Alleged Crypto Scammer The U.S. DoJ unveiled a complaint against an alleged bitcoin-funded investment scam, saying the perpetrator and company are charged with fraud and money laundering.…
