Scam

Twitter Cryptocurrency Scam: Google Account was Just Hacked

Author Eric Van OrmanPosted on Categories Cryptocurrency, General, News, ScamTags , , , , , , Leave a comment on Twitter Cryptocurrency Scam: Google Account was Just Hacked

Unscrupulous hackers attacked Google’s official Twitter account for G Suite. The scammers posted a giveaway that prompted people to send in Bitcoin (BTC). Google has deleted the post and is working with Twitter to investigate the matter. The scam post read, “Google is giving 10 000 [sic] Bitcoin to all community! We decided to make the … Continue reading “Twitter Cryptocurrency Scam: Google Account was Just Hacked”

NASDAQ Wants to Stamp Out Fraud in Cryptocurrency Market

Author Ian CooperPosted on Categories Business, Crypto Exchanges, Cryptocurrency, News, ScamTags , , , , , , Leave a comment on NASDAQ Wants to Stamp Out Fraud in Cryptocurrency Market

Scams continue to plague cryptocurrencies.  China and India have shut trading down because of it.  Investors have lost billions.  But fraud is nothing new to exchange giant NASDAQ, which announced it may have the tools to stamp it out. The exchange published a report on its experience fighting fraud, and how it can apply the … Continue reading “NASDAQ Wants to Stamp Out Fraud in Cryptocurrency Market”

Blockvest ICO Sued for Fraud by US SEC

Author Ian CooperPosted on Categories Blockchain, Business, Crypto Exchanges, Crypto Technology, Cryptocurrency, General, ICO, Regulations, Scam, UncategorizedTags , , , , Leave a comment on Blockvest ICO Sued for Fraud by US SEC

As explosive as cryptocurrency is, fraud is prevalent, which can often be found in initial coin offerings (ICOs). That’s why due diligence is essential. Without it, you could lose a lot of money.  Because let’s face it – scam artists don’t care about you. US SEC Halts Planned Blockvest ICO In early October 2018, the US … Continue reading “Blockvest ICO Sued for Fraud by US SEC”

Cryptocurrency Thefts Approach $1 Billion in First Nine Months

Author Ian CooperPosted on Categories Bitcoin, Business, Crypto Exchanges, Cryptocurrency, News, ScamTags , , , , Leave a comment on Cryptocurrency Thefts Approach $1 Billion in First Nine Months

Any time you invest in an asset like cryptocurrency, you must protect yourself. You just have to.  If not, you’re leaving yourself exposed to higher than normal, undue risk. Remember, when it comes to crypto trading, there’s a tulip mania-frenzy.  The frenzy has become so wild investors were taking  second mortgages to buy them.  But … Continue reading “Cryptocurrency Thefts Approach $1 Billion in First Nine Months”

Three of the Largest Cryptocurrency Scams of 2018

Author Ian CooperPosted on Categories Bitcoin, Blockchain, Business, Cryptocurrency, General, ICO, News, Scam, UncategorizedTags , , , , , , , Leave a comment on Three of the Largest Cryptocurrency Scams of 2018

Hackers and fraudsters prey on cryptocurrency and blockchain investors. Being such a new space, lots of people are not overly knowledgeable about it. Therefore, it becomes easier for fraudsters to pull off their crimes. During 2017, the cryptocurrency sector exploded in popularity. Vast sums of money entered the industry, with people looking to invest in … Continue reading “Three of the Largest Cryptocurrency Scams of 2018”

Venezuela’s Controversial Petro on Sale in November

Author Ian CooperPosted on Categories Altcoin, Banking, Blockchain, Business, CryptocurrencyTags , , , , , , , , Leave a comment on Venezuela’s Controversial Petro on Sale in November

To hear Venezuela’s President Nicolas Maduro tell it, the Petro coin will be a game-changer for his country. In fact, he just announced the coin would go on public sale this November 2018. A website was just created for it.  Even a wallet is available on Google Play.  And, according to Maduro, all oil purchases … Continue reading “Venezuela’s Controversial Petro on Sale in November”

CFTC, SEC and FBI Charge Bitcoin (BTC) Dealer, 1Broker

Author Ian CooperPosted on Categories Bitcoin, Cryptocurrency, News, ScamTags , , , , , , , , , Leave a comment on CFTC, SEC and FBI Charge Bitcoin (BTC) Dealer, 1Broker

Three U.S. agencies took action again Bitcoin-funded, 1pool Ltd., otherwise knows as 1Broker. For instance, the U.S. SEC charges that 1Broker violated federal securities laws.  The Commodity Futures Trading Commission (CFTC) says 1Broker violated the Commodity Exchange Act. Even the U.S. FBI seized the company’s domain, alleging on money laundering, operating as an unregistered broker, and … Continue reading “CFTC, SEC and FBI Charge Bitcoin (BTC) Dealer, 1Broker”

Facebook Hacked: Blockchain Technology to the Rescue?

Author Ian CooperPosted on Categories Blockchain, Business, General, News, ScamTags , , , , , , , , , , Leave a comment on Facebook Hacked: Blockchain Technology to the Rescue?

Facebook dropped another bombshell last week. In fact, it revealed an unknown hacker breached the site, compromising the accounts of 50 million users.  Trust is in jeopardy. Worse, not only did the hackers obtain the ability to access the Facebook accounts, they could access other services you use with your Facebook account registration. The latest … Continue reading “Facebook Hacked: Blockchain Technology to the Rescue?”

Elon Musk Seeks Dogecoin Creator’s Help to Fight Twitter Scam Bots

Author Ian CooperPosted on Categories Altcoin, Bitcoin, Blockchain, Business, Crypto Technology, Crypto Wallet, Cryptocurrency, Ethereum, General, News, Regulations, Scam, UncategorizedTags , , , , , , , , Leave a comment on Elon Musk Seeks Dogecoin Creator’s Help to Fight Twitter Scam Bots

Elon Musk, the CEO of Tesla and SpaceX contacted Jackson Palmer, the creator of the popular crypto Dogecoin (DOGE). The tweet dated September 17 requested help to fight the “annoying” crypto scammers on Twitter. The Case Musk mentioned Palmer in his tweet and wrote:  “@ummjackson if you can help get rid of the annoying scam spammers, … Continue reading “Elon Musk Seeks Dogecoin Creator’s Help to Fight Twitter Scam Bots”

FINRA Jumps into Cryptocurrency Enforcement with New Charges

Author Ian CooperPosted on Categories Altcoin, Business, Cryptocurrency, News, Regulations, ScamTags , , , , , , , Leave a comment on FINRA Jumps into Cryptocurrency Enforcement with New Charges

The Financial Industry Regulatory Authority (FINRA) issued its first action involving cryptocurrencies. In fact, it just charged Timothy Tilton Ayre with illegal distribution of unregistered crypto and securities fraud.  They allege he committed securities fraud and unlawfully distributed HempCoin, an unregistered, cannabis-focused cryptocurrency security. According to the FINRA Press Release In the complaint, FINRA alleges … Continue reading “FINRA Jumps into Cryptocurrency Enforcement with New Charges”