Scams

FT Cyber When you see the word 'smart contract' in a whitepaper, you should read it as a 'one-way contract' favoring the other party. It won't be long before SmartRegulators and…

by James A. Bacon Nigerian scam artists are upping their game. Ten or twenty years ago, they bombarded the Internet with tales of African potentates and lost fortunes that only the favored email recipient could help recover… if he or…

The Dutch police arrested a 39-year-old man in the Netherlands on Sept. 6 for allegedly stealing Bitcoin worth tens of millions of dollars, according to a statement by Dutch authorities.Upon the arrest, the police raided his home and…

When reports emerged that Damansara MP Tony Pua had sold out all 8,888 pieces of his Langkah Sheraton NFT (non-fungible token) in 28 hours, something seemed fishy. The…

Three more people, including the prime accused, have been arrested for duping multiple people to the tune of crores by luring them with high returns on cryptocurrency investments, Ambala superintendent of police Jashandeep Singh Randhawa…

Teslacoin is an automated crypto trading platform that has gained in popularity in part due to an influx of traders trying to speculate on crypto values and profit. Traders require tools that can lessen the strain of…

The Electoral Court of Rio (TRE-RJ) blocked the candidacy of the so-called “bitcoin pharaoh”, Glaidson Acácio dos Santos. Unanimously, the electoral body issued its decision on Monday arguing that the applicant did not meet the legal…

Profiles that have passed Know Your Customer (KYC), which is the process that users have to go through to provide platforms with biographical and financial data in order to sign up, for example, with a centralized exchange, have always…

The brother of a former Coinbase Global Inc product manager pleaded guilty on Monday to a wire fraud conspiracy charge, in what U.S. prosecutors have called the first insider trading case involving cryptocurrency.Nikhil Wahi, 26, admitted…

YouTube is frequently targeted in hacks especially to carry out crypto scams. The severity of crypto scams on YouTube can be quantified by the fact that in July 2020, Apple co-founder Steve Wozniak ended up suing Google and YouTube…