Tag: scam
North Dakota ICO Task Force Confirms Investigation of 10 Different Companies
Government agencies around the world closely monitor initial coin offerings. In the state of North Dakota, the Securities Commissioner has ordered several projects to shut…
Another Bitcoin Scam Surfaces Targeting Utility Customers
Another Bitcoin scam has surfaced in Las Vegas where power utility customers are told they will be disconnected unless they immediately pay in crypto. An…
Cryptocurrency Mining CEO Sentenced to Prison
The ex-CEO of Gaw Miners, a cryptocurrency mining company, was sentenced to prison for defrauding investors via a Ponzi scheme. Just like any other financial…
BitConnect Trading Finally Comes to an End on Legitimate Exchanges
The BitConnect Ponzi scheme is finally coming to an end. One platform still had BCC listed for trading until a few days ago. With the…
SEC Shuts Down Cannabis Investment Fund for Fraud
The SEC continues its crackdown on fraudulent investment schemes. Texas-based Greenview Investment Partners has been charged with securities fraud. The cannabis investment venture defrauded investors…
Bitcoin Scam Victim Drops Complaint in Thailand
The Finnish victim of a major Bitcoin scam in Thailand has dropped his complaint, leaving the police to drop fraud charges. The Bitcoin scam that…
Thailand Seeks Ways to Confiscate Bitcoin from Criminals
A money laundering watchdog in Thailand is looking for ways to legally confiscate cryptocurrency from criminals. Quite a few countries are either ignoring or are…
Actor Involved in Bitcoin Scam Says He’s Innocent
A Thai actor involved in a Bitcoin scam that cost a Finnish man $34 million says he’s innocent of any wrongdoing. A 22-year-old Finnish man,…
Cybercriminal Group Threatens CheapAir with Smear Bomb Unless Bitcoin Ransom is Paid
CheapAir, the California-based travel agency, is the latest organization to come under attack from cybercriminals demanding payment in Bitcoin. STD Company Threatens CheapAir with Internet…
