Home / fraud

fraud

There have been at least 44 bitcoin forks since Bitcoin Cash

Bitcoin miners are getting burnt by competition and low prices

Most of them are jokes, efficiency artwork, scams and the entirety aside from critical initiatives with actual possible. A fork is when a cryptocurrency blockchain splits off into separate chains. If sufficient cryptocurrency miners make a choice to change their machines to that new chain, then it would continue to …

Read More »

Operation Cryptosweep: World’s largest ICO, crypto securities sweep announced

Operation Cryptosweep: World's largest ICO, crypto securities sweep announced

After many warnings of a crackdown, Operation Cryptosweep is placing the clamps on shady ICOs. On 21 May 2018, the North American Securities Administrators Association (NASAA) announced Operation Cryptosweep, one of the most largest coordinated collection of enforcement movements through state and provincial securities regulators within the United States and …

Read More »

2017 was peak of cryptocurrency and fidget spinner-related scams

Is bitcoin over, or will it skyrocket once more?

Australians most effective misplaced $2.1 million misplaced to crypto scams in 2017, appearing how little-used it in point of fact is. Australians reported $2.1 million misplaced to cryptocurrency scams in 2017, in line with a newly released ACCC report (PDF). The figures come from blended experiences to Australian Cybercrime Online …

Read More »

Floyd Mayweather-endorsed Centra cryptocurrency hit by SEC charges

No, India is not banning bitcoin and cryptocurrency

Centra (CTR) is plummeting after its founder was once arrested and accused of defrauding buyers. The latest rule of thumb may well be to keep away from any cryptocurrency with a celeb endorsement. They do not have an excellent observe file. Just take a look at what came about when …

Read More »

Australians have already lost over $50,000 of bitcoin to a tax scam

Australians lost $89 million to scams in 2017

That’s the only the place any person desires you to pay tax debt in bitcoin. The ATO does not need your bitcoin. The scam is going like this. Someone contacts you and claims to be from the Australian Tax Office (ATO). They say that you have got a huge tax …

Read More »

How to create a successful bitcoin ponzi rip-off, according to science

The confirmed list of fake ICOs, Ponzi schemes and wallets

Successful and failed cryptocurrency ponzi schemes do issues very otherwise. So, you wish to have to be a scammer? Disclaimer: Don’t. Researchers went to bitcointalk.org and managed to pick out 1,780 distinct scams with out an excessive amount of hassle. And the ones have been simply the most obvious ones, …

Read More »

Cryptocurrency crimewave cashes in on unprepared businesses

Cryptocurrency crimewave cashes in on unprepared businesses

Cybercrime has all the time about following the cash. So it is no marvel criminals and opportunists see cryptocurrencies as a possible bonanza. Almost each and every week, there is a tale about how cryptocurrency is being implicated in some form of cyber assault or fraud. Just in the remaining …

Read More »

Alleged cryptocurrency scammers arrested after backers turn on them

Alleged cryptocurrency scammers arrested after backers turn on them

Disgruntled Goal Green Global traders noticed the arrest after serving to police arrange a sting operation. After pouring tens of millions of Philippine pesos into Goal Green Global, their traders have been uninterested, GMA news reviews. The Malaysian corporate claimed that investments could be matched with precious and all of …

Read More »

Nigerian prince scams are still more profitable than cryptocurrency fraud

Nigerian prince scams are still more profitable than cryptocurrency fraud

Nigerian prince scams by myself are more profitable than all cryptocurrency scams and thefts mixed. Cryptocurrency has a name as being a moderately dangerous house, full of scammers, hackers and different varieties of nastiness. It is, however most effective for the reason that web and global basically is full of …

Read More »

Australians lost $89 million to scams in 2017

Australians lost $89 million to scams in 2017

Scams have reached a file top, with greater than 161,000 reported to the ACCC remaining 12 months. A file choice of scams value Australians greater than $89 million in 2017 in accordance to contemporary analysis from finder.com.au. 161,572 court cases had been reported to the Australian Competition and Consumer Commission …

Read More »