Scams

The hackers behind the $28 million theft from the Panama-based crypto exchange, Deribit, have begun moving the stolen Ethereum (ETH) to the sanctioned crypto coin mixing service, Tornado Cash. Deribit Hackers Move ETH to…

Recent developments in the Ripple vs. Securities and Exchange Commission (SEC) case appear to have bolstered investor confidence in XRP (XRP)-tied investment products, according to investment data from CoinShares’ head of research, James…

The official Valorant Esports YouTube channel was briefly hacked on November 6, resulting in all of its videos going unpublished in favor of a scam stream promoting cryptocurrency.The pattern of…

Santander, a leading financial giant in the U.K, is blocking crypto deposits.  Santander entered the finance sector of the United Kingdom in 1988 with its fifteen years of collaboration with Royal Bank Scotland.   Earlier on 4 November…

Labour will press the government for the first “national fraud strategy” in a decade as figures show fraud and financial scams affecting consumers and businesses hit a record £1.3bn of lost cash last year.The party will seek to force a vote…

The U.S. Attorney has announced that the Department of Justice has officially seized Bitcoin valued at $3.36 billion at the time of appropriation in connection with the 2012 Silk Road fraud. The seized Bitcoin is valued at $1.05 billion as…

Damian Williams, the United States Attorney for the Southern District of New York, and Tyler Hatcher, the Special Agent in Charge of the Internal Revenue Service, Criminal Investigation, Los Angeles Field Office (“IRS-CI”), announced today…

Comment on this storyCommentElon Musk is unabashedly a fan of cryptocurrency. His company, Tesla, once held nearly $2 billion in bitcoin before selling a bunch of it. He also tweets often about dogecoin.Now the mogul seems to be bringing…

Cryptocurrency is exploding in popularity but brings with it significant personal and societal risks. Bitcoin, for example, was valued at approximately $16,000 per coin in 2017 before…

Investment scams have been the most common category, accounting for nearly $300 million in reported lossesThe recent spate of data breaches and cyber attacks has served as a warning for corporate Australia,…