Bitcoin Scam

Argentinean Police Detain Two People Connected to Alleged Crypto Scam Intense Live

<div class=”featured_image_container”> </div> <strong>As cryptocurrencies become a trending topic across Argentina, local authorities hunt virtual currencies scammers amid the coronavirus-driven crisis and high inflation levels. The Argentine Federal Police detained two members of an alleged pyramid scheme operating in a northern province.</strong> Investigations Initiated After Two Complaints Filed With the Authorities According to Valle Calchaquí, …

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FBI Puts Warning Signs on Bitcoin ATMs in This US County Following a Scam

<div class=”featured_image_container”> </div> <strong>The Federal Bureau of Investigation (FBI) is putting up warning signs on bitcoin ATMs in Cuyahoga County of the U.S. state of Ohio to warn residents not to fall for scams asking victims to send money to scammers via bitcoin ATMs.</strong> FBI Putting Warning Signs on Bitcoin ATMs The Cuyahoga County Scam …

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MTI CEO and Wife Issued With Provisional Sequestration Order by South African High Court

<div class=”featured_image_container”> </div> <strong>A South African High Court recently served Mirror Trading International (MTI)’s Johann and Nerina Steynberg with a provisional sequestration order. The court’s decision follows a successful court application by the five joint provisional liquidators of the now-defunct online bitcoin scam. </strong> Sequestration Not Final According to a report, the order was reportedly …

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Turkish Crypto Exchange Exit Scam: CEO Flees Country, 62 People Detained, Users Cannot Access $2 Billion of Funds

<div class=”featured_image_container”> </div> <strong>A Turkish cryptocurrency exchange with about 400,000 users has been accused of pulling an exit scam. Its CEO has reportedly fled Turkey, allegedly taking $2 billion of customer funds with him. The police have an arrest warrant for the CEO and 62 people have already been detained in connection with the case.</strong> …

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Court Summons Mirror Trading International Executives Over BTC Global Scam Allegations

<div class=”featured_image_container”> </div> <strong>Two executives of Mirror Trading International (MTI) have been summoned by a high court in connection with another cryptocurrency investment scam called <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener”>BTC</a> Global. The court summons followed a civil lawsuit filed by 18 plaintiffs demanding compensation from them.</strong> Two MTI Executives Linked to BTC Global Scam A …

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Irish Police Investigate Massive Bitcoin Scam That Allegedly Stole Millions From High-Net-Worth Individuals

<div class=”featured_image_container”> </div> <strong>Irish police are on high alert due to the rising number of cases related to a bitcoin-related scam targeting high-net-worth people in the country. The situation has become worrisome because suspicious high-value transactions have already been noticed by authorities.</strong> Authorities Already Searched One Property Tied to One of the Suspects According to …

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Instagram Influencer Charged for Allegedly Stealing Millions of Dollars in Bitcoin From Followers

<div class=”featured_image_container”> </div> <strong>A popular Instagram personality has been charged in the U.S., accused of stealing bitcoins worth millions of dollars from his followers. He allegedly convinced the “victims to sell him their bitcoin at attractive, but inflated, values” but he never wired them the money for the coins sent to him.</strong> Instagram Influencer’s Bitcoin …

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Study Finds Cryptocurrency Scams Surged 40% in 2020, Forecasts an Increase of 75% in 2021

<div class=”featured_image_container”> </div> <strong>A new study revealed that cryptocurrency-related scams almost doubled over the last year. However, forecasts are not optimistic going forward, as the report forecasts another significant increase in the number of cases in 2021.</strong> Research Scanned Over 300 Million Websites According to the “Cryptocurrency Scam Report” published by fraud prevention company Bolster …

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US Court Sentences Bitcoin Scammer to 3 Years in Prison After Massive Twitter Hack to Promote BTC Scam

<div class=”featured_image_container”> </div> <strong>The mastermind behind a large-scale Twitter hack to promote a bitcoin giveaway scam has pleaded guilty and been sentenced to three years in prison. During the hack, a number of</strong><strong> high-profile companies, politicians, and celebrities saw their accounts taken over to promote the cryptocurrency scam.</strong> Graham Ivan Clark, the Florida teen who …

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Turkish Police Dismantle Massive Chinese Crypto Scam That Held 101 Hostages

<div class=”featured_image_container”> </div> <strong>A massive police operation took place in Istanbul, Turkey, against a Chinese gang’s crypto scam. Authorities found that criminals kidnapped 101 people and forced them to run scam operations.</strong> Scammers Tricked Hostages by Promising Them Work in a Legit ‘Crypto Investment Consultancy’ According to Demirören Haber Ajansı, Istanbul police cracked down a …

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