Category: FRAUD

In 2019, a man with Fabio-like hair entered the cryptocurrency scene with questionable claims when he told a slew of people he helped co-found the creation of Bitcoin. The self-proclaimed…

The U.S. Federal Bureau of Investigation (FBI) issued an industry-wide warning about possible attacks on exchanges and crypto holders this week. The institution declared that there are threats actively tracking…

TSB, a British bank, is planning to ban cryptocurrency purchases due to fraud concerns. The company reported an alarming number of fraudulent transactions on cryptocurrency purchases. Reportedly, transactions involving Binance,…

Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians…

BOSTON–(BUSINESS WIRE)–FiVerity, Inc., a leading provider of cyber fraud detection and threat intelligence, announces that executives from the Federal Reserve will join next Cyber Fraud Intelligence Series event to address,…

A group of Chinese investors has filed a lawsuit against an alleged crypto fraudster based in New York, United States, who ran a Wechat group where he handled the scheme.…

One of the ringleaders of the largest crypto Ponzi schemes, Onecoin’s Ruja Ignatova, otherwise known as the “Cryptoqueen,” allegedly owns 230,000 bitcoin worth over $11 billion today. Court documents filed…

Turkey’s Vebitcoin cryptocurrency exchange has made a disturbing announcement that it has halted all of its trading activities due to financial strains facing the firm. Vebitcoin announced: “Due to the…

Two Turkish cryptocurrency exchanges are being investigated by the authorities in Turkey after they abruptly halted trading. The authorities have blocked access to the bank accounts of the second exchange…

South Korea’s financial watchdog, the Financial Supervisory Service and the Finance Ministry has teamed up with various financial authorities to crack down on illegal crypto activities. This approach intends to…