Monday, June 24, 2019

US CFTC Brings Action Against $147 Million Bitcoin Investment Scheme

The United States Commodity Futures Trading Commission (CFTC) launched action against a reportedly fraudulent $147 million bitcoin (BTC) scheme, fintech news outlet FinanceFeeds reports June 18.On June 17, the regulator reportedly filed a...

Record-Breaking Coincheck Hack Perpetrated by Virus Tied to Russian Hackers

The personal computers of employees at hacked Japanese crypto exchange Coincheck have allegedly been found to have been infected by a virus associated with a hacker group of Russian origin. The allegation was...

UK Financial Watchdog Blacklists Clones of Two Major Financial Firms

The British Financial Conduct Authority (FCA) has warned investors of a fraudulent company posing as the Swiss Investment Corporation, an FCA-authorized firm offering crypto investments, and another company that is a clone of...

GateHub Releases PSA on Phishing Scam Targeting Its Ripple Wallet Users

Ripple (XRP) wallet and gateway-as-a-service provider GateHub has warned that there is a phishing scam campaign targeting its cryptocurrency wallet users, as per an announcement on June 13.According to the announcement, GateHub’s wallet...

Cybercriminals Use Obfuscation Trick to Install Crypto Mining Malware

Cybersecurity firm Trend Micro has confirmed that attackers have been exploiting a vulnerability in the Oracle WebLogic server to install monero (XMR) mining malware, while using certificate files as an obfuscation trick. The...

Dutch Billionaire Yet Another Victim of Deceptive Crypto Ads, Sues Facebook

Earlier this week, Dutch billionaire John De Mol launched a lawsuit against Facebook over crypto ads using his image without permission.De Mol claims that consumers have lost as much as 1.7 million euros...

Judge Freezes Funds in Accounts Belonging to Embattled Brazilian Crypto Firm

A Sao Paulo court has blocked funds in bank accounts linked to Grupo Bitcoin Banco — with 726,630 reals (about $188,000 at press time) frozen, Cointelegraph Brazil reported on June 5.Two people, along...

Malta Needs to Improve Readiness to Respond to Cryptocurrency Crime

The European Union has told Malta it needs to improve the resources it has to fight potential financial crime as a result of cryptocurrency popularity, local daily news outlet Malta Today reported on...

Dutch Billionaire John De Mol Files Lawsuit Against Facebook Over Fraudulent Crypto Ads

John De Mol, a Dutch billionaire responsible for the local Big Brother and The Voice shows, filed a lawsuit against Facebook over crypto ads using his image without permission, Reuters reports on June...

Polish Exchange Shuts Down and Disappears With Customers Funds

Polish cryptocurrency exchange Coinroom has reportedly shut down its operations and disappeared with customer funds, local business news outlet money.pl reported on May 31.Money.pl received an email from one of its readers, who...