Bitcoin Predicted to Reach $100,000 Post U.S. Election Based
As the world awaits the results of the U.S. presidential election, the cryptocurrency market is bracing for volatility. However, once the political dust has settled,...
Category : Crypto Scams
Exodus CTO Discusses User-Friendly Crypto Adoption and Enhanced Security
In a recent interview with The Cryptonomist, Matias Olivera, CTO of Exodus, discussed the company’s approach to making blockchain more accessible through user-friendly design, scalable...
Court Upholds Lemonade Insurance’s Denial of $170K Crypto Scam Claim
Key Points: U.S. Appeals Court rules against covering a $170,000 crypto scam loss. Lemonade Insurance’s policy requires “direct physical loss” for claims. The homeowner received...
Hong Kong Police Arrest 27 in $360 Million Romance Scam
Key Points: Hong Kong police arrest 27 suspects involved in a $46.3 million cryptocurrency scam. The scam operated via online romance fraud, targeting victims in...
Crypto-Doubling Scams Spike After Presidential Debate
Key Points: Scammers use the presidential debate to promote fraudulent crypto schemes. 24 debate-related phishing domains have been identified, many impersonating Trump and Musk. Scams...
Police Warn GTA Residents of Rising Bitcoin Sextortion Scam via Email
Key Points: York Regional Police (YRP) alert public of an email-based Bitcoin sextortion scam in the Greater Toronto Area. Scammers claim to have compromising footage...
US Court Slaps $209 Million Penalty on Crypto Ponzi Scheme
Oregon resident and entities fined $209 million for crypto Ponzi scam The schemes disguised as crypto and carbon investments defrauded investors $83.7 million restitution and...
Fraudsters Use Late Broadcaster’s Identity in Crypto Scam
Fraudsters are exploiting the identity of late broadcaster Gary Burgess Jersey police have issued warnings about a cryptocurrency scam linked to him Scammers also used...
90% of UK Crypto Firms Fail Licence Due to Fraud Concerns
UK’s FCA reports that 90% of crypto firms lack fraud and money laundering safeguards. Only 14% of firms have successfully registered for crypto licenses. Over...
Himachal Hit by ₹2,000 Crore Crypto Scam Over 3 Years
₹2,000 crore swindled in crypto scams in Himachal Pradesh. 89 arrests made; 20 FIRs filed since 2021. A ₹1,740 crore Bitcoin scam led by Subhash...