Thursday, May 23, 2019

Australian Federal Court Imposes Travel Ban, Fund Freeze on Bitconnect Promoter

The Federal Court of Australia has imposed a travel ban and frozen the funds of John Bigatton, a promoter of reported $2.6 billion Ponzi scheme Bitconnect, daily newspaper The Sydney Morning Herald reports on...

Fifteen Alleged Operators of $8 Million Crypto Scam Arrested in Taiwan

Police in New Taipei, Taiwan, have arrested fifteen suspects for allegedly running a cryptocurrency scam that earned them millions of dollars, English-language local media Focus Taiwan reports on Jan. 26.According to the article, the...

From Bitconnect to SIM-Swap Swindling: 2018’s Biggest Scams

2018 will long be remembered as the start of a significant cryptocurrency bear market, but the declining market still provided opportunities for scam artists to snag unwary investors.Given that 2017 was a breakout year...

Financial Data Co. FactSet Sues Blockchain Terminal Affiliate

United States financial research company FactSet has filed a lawsuit against a company affiliated with professional trading service Blockchain Terminal (BCT), according to documents published by the Supreme Court for the State of New...

Hackers Turn Twitter of Belgian Non-Profit Into Fake Coinbase Promo Account

The Twitter account of a Belgian non-profit was evidently hacked and made into a fake affiliate account of United States crypto exchange Coinbase. The impersonating account posted what what appeared to be a scam...

Malware Study Claims Criminals Mined 4.4 Percent of Monero, Less Than Previously Thought

Cryptocurrency mining malware is responsible for less of the supply of altcoin Monero (XMR) in circulation than previously thought, new research published Jan. 3 claims.A joint effort by researchers at King’s College London and...

Malta’s Financial Watchdog Warns Global Investors Against ‘Bitcoin Revolution’ Scam

The Malta Financial Services Authority (MFSA) has issued a warning against an alleged global scam scheme known as “Bitcoin Revolution,” according to an official document published today, Jan. 25.According to the Maltese regulator, the...

Maltese Celebrities Notify Police After False Report of Involvement in Crypto Investment Scheme

A Maltese actor and two hosts of a local TV show have notified the police after a false report that they are involved in a Bitcoin investment scheme called “Bitcoin Revolution.” The story was...

Two Alleged Ethereum ‘Scam Forks’ Appropriating Users’ Private Keys, Report Finds

This article has been updated to include comments from MyEtherWallet concerning the clone phishing site.Altcoins Ethereum Nowa (ETN) and Ethereum Classic Vision (ETCV) are reportedly appropriating the private keys of users trying to redeem...

International Police Collaboration Leads to Arrest of Suspect in $11 Million IOTA Theft

Following international police collaboration, a 36-year-old individual suspected of the theft of over $11 million in IOTA, as well as fraud and money laundering, has been arrested on Jan. 24. Europol published a statement...