Cryptocurrency News
The decision by Belarus to ban peer-to-peer (P2P) crypto transactions in an effort to combat fraud raises concerns about stifling innovation in the cryptocurrency space. While it is important to address fraudulent activities, it is equally important to foster an environment that encourages technological advancements and supports legitimate use cases […]
In recent years, cryptocurrencies have significantly increased in popularity, disrupting the financial industry. The quick development of the cryptocurrency industry has, however, also drawn bad actors looking to commit fraud and cyberattacks. Innovative approaches are emerging to address these issues, and one particularly intriguing one is the incorporation of Artificial […]
With the nature of cryptocurrency markets, there’s no way to stop scams and rug pulls. For many new crypto enthusiasts, one of their first experiences will be losing their cryptocurrency to a scam project. The good news is, traders now have the option of insuring their bags against fraud and […]
Several interesting details regarding the OneCoin Ponzi Scheme have come to light this week. It appears one of the individuals responsible for this scam is the brother of Dr. Ruja Ignatova. People who have followed the story of OneCoin to date will know this project is anything but legitimate. OneCoin […]
New technologies are often both a blessing and a curse. Artificial intelligence is shaping up to be no different in that regard. Criminals are now using AI and voice technology for monetary purposes. The rise of voice fraud should not be underestimated, as it can hit any company around the […]
In these trying financial times, a lot of consumers are looking for any way to make extra money. While most of these efforts are absolutely genuine, a ring of fraudsters in New York had entirely different ideas. They managed to successfully steal $19m worth of Apple iPhones. A very elaborate […]
In the past two years, countless investors have lost hundreds of millions of dollars to crypto-related scams, unfortunately so. In San Diego, California, one such perpetrator faces 25 years in prison for his crime. He pleaded guilty to two separate counts. Morgan Rockcoons is a bitcoin entrepreneur who has had […]
Americans everywhere are feeling the effects of rising healthcare costs, which in many instances have risen at a faster rate than the average income. There are unfortunately many unavoidable reasons for this, including increasing rates of chronic diseases like diabetes that account for the vast majority of care expenses. However, […]
When it comes to activity on the darknet, making money is usually the prime concern. Criminals and enthusiasts want to find ways to score a quick buck on the side. If that effort is as painless as possible, all the better. A new report by Sixgill confirms darknet users are […]
December 7, 2018 Diego Garcia, British Indian Ocean Territory (BIOT): There is something fishy in the British Indian Ocean Territory according to crypto lawyer Dr. Jonathan Levy who has just sent a second lawsuit for filing to the British Indian Ocean Territory Supreme Court registry. British Indian Ocean Territory is […]
The cryptocurrency industry has come a long way, with Bitcoin celebrating its ten year anniversary yesterday. However, despite the great strides made, one challenge has continued to plague the industry: fraud. Nasdaq believes that it might have the answer and is willing to help the crypto industry weed out fraud […]
Government agencies are cracking down on companies who are involved in cryptocurrency. In virtually every case, that is a direct result of said companies not following the necessary guidelines in terms of registered with the proper agencies and filling out the necessary paperwork. 1Broker, the popular Bitcoin futures firm, has […]
The founder of cryptocurrency exchange OKex has been taken into custody by Shanghai police officials. Star Xu is allegedly involved in a fraudulent scheme regarding WFEE Coin. As Xu is a shareholder in this potentially fraudulent company, he is put through a round of questioning to get to the bottom […]
The owner and operator of two defunct crypto platforms has pleaded guilty to charges of securities fraud and obstruction of justice. Jon E. Montroll was arrested in February after it emerged that he had used his platforms to steal from investors, operated an unregistered securities exchange, and lied about having […]
Various firms related to Bitcoin and other cryptocurrencies have no honest intentions. This problem has plagued the industry for quite some time now. The CFTC recently scored a big victory in this regard, as The Entrepreneurs Headquarters Limited was forced to pay $1.9 million for its fraudulent Bitcoin and binary […]
Cryptocurrency exchanges play an integral role in this booming industry. They are the go-to solution for people looking to buy and sell Bitcoin and altcoins. Unfortunately, not all trading platforms can or should be trusted. In Ukraine, half a dozen fake trading platforms were shut down last week. Cracking Down […]
New York, NY, June 20, 2018 – Today, cryptocurrency exchange Bittrex aided in locating and returning stolen funds to Elizabeth White, CEO of The White Company – a cryptocurrency asset management and luxury marketplace that facilitates sales of high-end goods and experiences – after the Superior Court of Delaware last […]
Microsoft has partnered with Adents, a serialization and traceability solutions provider, to launch a blockchain-based track and trace solution targeting the supply chain industry. Known as Adents NovaTrack, the new platform will offer unit-level tracking, giving users the ability to track a single product throughout the entire supply chain. In […]