October 18, 2020 Fool’s gold? Peter Schiff’s bank under investigation in tax evasion probe Does an extortion attempt from Russian hackers explain Schiff's hatred for Bitcoin? This morning, millionaire broker and noted Bitcoin skeptic Peter Schiff awoke to find his bank under renewed scrutiny due to an international criminal investigation. …
October 16, 2020 New York polls crypto firms on security measures after Twitter hack The New York Department of Financial Services found that crypto firms blocked the Twitter hackers’ crypto addresses within 40 minutes.…
October 14, 2020 Bitcoin scam touting free Tesla nabs more than $20k An entire Bitcoin was just one of the transactions the scammers got away with As reported by Decrypt, another “free giveaway” has managed to entice one of its victims into sending scammers an entire Bitcoin (BTC).…
October 8, 2020 Aussie household name threatens to sue The Guardian over Bitcoin scam ads The legal team behind the case called it a “prolific cryptocurrency scam.” Electronics entrepreneur Dick Smith — who is a household name in Australia — has threatened a lawsuit against a major media outlet after it hosted ads that linked to fake articles suggesting Smith is promoting a fake Bitcoin and crypto investment scheme.According…
October 6, 2020 Bitcoin crime: Sydney man stabbed his brother nine times over Bitcoin The latest Bitcoin crime report on Tuesday has informed a 54-year-old Sydney man Warren Shane Collins, who reportedly stabbed his brother nine times after assuming he stole his cryptocurrency.…
October 5, 2020 Fraudsters are switching from credit cards to Bitcoin, says consumer protection company Scammers are taking advantage of one of Bitcoin's strengths, as once lauded by Satoshi Nakamoto. Fraudsters are taking advantage of the irreversible nature of crypto transactions, says MyChargeBack’s vice president of global operations, Michael Cohen.…
October 2, 2020 CFTC promises to protect ‘the burgeoning markets for digital assets such as Bitcoin’ The CFTC continues its roll of crypto announcements this week in a recent fraud bust-up. On Friday, the Commodity Futures Trading Commission made a fraudster pay back $7.4 million to investors while vowing to protect the Bitcoin market.Per…
October 2, 2020 Bitcoin escrow operator admits to committing a $3M scam Cryptocurrency escrow manager, Jon Thompson, pleads guilty to fraud chargesHe scammed companies of $7 million via his escrow businessHe will be sentenced by next year A publication on Friday by the Justice Department has informed that the operator of two Bitcoin escrow companies, Jon Thompson, pleaded guilty for his involvement in a fraudulent scheme, which resulted in the loss of millions of dollars.…
October 1, 2020 Maze ransomware hits U.S nuclear contractor: data leaked U.S nuclear contractor hit by Maze ransomware Following a U.S nuclear contractor Maze ransomware attack , two offices of the US Treasury Department have issued advisories against ransomware pay-outs and state that they pose a threat to US national security.…
September 30, 2020 Crypto terrorism: French police arrests suspected Islamic extremists French police have rounded up 29 individuals who were said to be involved in crypto terrorism by funding extremist groups using digital assets.…
September 22, 2020 You won’t believe the depths to which crypto scammers on Twitter are willing to sink Twitter doesn’t seem able to move fast enough to stop thieves from grossly misusing their platform.…
September 21, 2020 Stripe pays $120K to resolve alleged connection with PlexCoin scam US-based payment processing company Stripe will be paying $120,000 to resolve allegations stemming from the PlexCoin ICO scam.…
