scams

US SEC to be Much Stricter with ICO Scams

Author Eric Van OrmanPosted on Categories Business, Crypto Technology, Cryptocurrency, General, News, Scam, UncategorizedTags , , , , Leave a comment on US SEC to be Much Stricter with ICO Scams

The SEC’s Division of Enforcement just released its annual report.  One of its top issues was keeping up with emerging technology - in particular, ICOs.  The report provides useful data on the impact of ICO fraud and what’s being done to suppress it. ICO fraud comprised 12 out of 20 SEC cases of the fiscal … Continue reading “US SEC to be Much Stricter with ICO Scams”

ICO Fraud: Why it Pays to do your Own Due Diligence

Author Ian CooperPosted on Categories Business, Crypto Guide, Crypto Technology, Cryptocurrency, General, ICO, News, Scam, UncategorizedTags , , , , , Leave a comment on ICO Fraud: Why it Pays to do your Own Due Diligence

If you’re unwilling to do proper research, don’t invest in an ICO. There are far too many scams that can cost you quite a bit if you’re not careful. For example, the North Dakota Securities Commission issued a cease and desist order against three firms which were offering unregistered and fraudulent securities under the guise … Continue reading “ICO Fraud: Why it Pays to do your Own Due Diligence”

Alleged Pump and Dump ICO Halted by SEC

Author Ian CooperPosted on Categories Blockchain, Business, Crypto Exchanges, Crypto Technology, Cryptocurrency, General, ICO, News, Scam, UncategorizedTags , , , , Leave a comment on Alleged Pump and Dump ICO Halted by SEC

The initial coin offering (ICO) space is constantly growing. In fact, since 2017, its popularity has exploded. It became a tenable vehicle for fundraising. Startups could raise funds without dealing with traditional venture capital funds. However, as it was such a new sector, there were a lot of teething problems. Due to the lack of … Continue reading “Alleged Pump and Dump ICO Halted by SEC”

Dr. Doom to Speak on Cryptocurrency “Scams” Before Senate Committee

Author Eric Van OrmanPosted on Categories Business, Crypto Exchanges, Crypto Technology, Cryptocurrency, General, News, UncategorizedTags , , , , Leave a comment on Dr. Doom to Speak on Cryptocurrency “Scams” Before Senate Committee

Dr. Nouriel Roubini, aka “Dr. Doom“, will speak before the Senate Banking Committee on Thursday, October 11, 2018. He will relate his views on blockchain and cryptocurrency. Roubini, a professor of economics at NYU, received his nickname for his gloomy predictions about future of cryptos. The Mother of all Scams? Roubini  has been vocally campaigning … Continue reading “Dr. Doom to Speak on Cryptocurrency “Scams” Before Senate Committee”

Binance Delisting Byteccoin, CHAT, Iconomi and Triggers

Author Ian CooperPosted on Categories Altcoin, Bitcoin, Blockchain, Business, Cryptocurrency, News, ScamTags , , , , , , , , , , , , Leave a comment on Binance Delisting Byteccoin, CHAT, Iconomi and Triggers

Binance is cleaning house to protect its users. That’s why it’s delisting ByteCoin (BCN), which would explain the coin’s 20% drop today.  In addition, it’s also delisting the ChatCoin (CHAT), which fell 22%. Iconomi (ICN) is on the chop block, too.  The coin is down 8% on the day.  In addition, Binance will cut off … Continue reading “Binance Delisting Byteccoin, CHAT, Iconomi and Triggers”

Cryptojacking Cases Up 400% in Just a Year

Author Ian CooperPosted on Categories Banking, Bitcoin, Business, Crypto Mining, Crypto Technology, Cryptocurrency, Ethereum, Law, News, Scam, UncategorizedTags , , , , , , Leave a comment on Cryptojacking Cases Up 400% in Just a Year

According to a new report, cases involving cryptojacking increased by more than 400 percent compared to the previous year. The Report and its Findings The Cyber Threat Alliance (CTA) is a collaborative group of cybersecurity experts. The group published a detailed report on Wednesday containing staggering statistics regarding cryptojacking. The latter refers to the practice … Continue reading “Cryptojacking Cases Up 400% in Just a Year”

Cryptocurrency Fraud Alert: The Most Ridiculous Scams

Author Ian CooperPosted on Categories Business, Cryptocurrency, General, News, ScamTags , , , , , , , , , Leave a comment on Cryptocurrency Fraud Alert: The Most Ridiculous Scams

Any time you invest in cryptocurrencies, due diligence is essential.  Unfortunately, scams run wild in this industry. And if you’re not aware of them, or how to spot them, you could lose a lot of money. Because let’s face it, greedy scam artists could care less about you. Texas Shuts Down Three Scams The Texas … Continue reading “Cryptocurrency Fraud Alert: The Most Ridiculous Scams”

Fake Phishing Site Appearing to be Jaxx Wallet Shut Down

Author Ian CooperPosted on Categories Business, Cryptocurrency, General, News, ScamTags , , , , , , , Leave a comment on Fake Phishing Site Appearing to be Jaxx Wallet Shut Down

When it comes to trading any asset, be aware of scams, such as phishing. The Jaxx Wallet Scam Not long ago, scammers set up a fake site similar to the Jaxx Wallet to steal cryptocurrencies. According to Flashpoint, “The phony site had a similar URL to the legitimate jaxx[.]io site and was serving a number of … Continue reading “Fake Phishing Site Appearing to be Jaxx Wallet Shut Down”

How to Spot a Questionable Cryptocurrency Site

Author Ian CooperPosted on Categories Crypto Exchanges, Cryptocurrency, General, ScamTags , , , , , , Leave a comment on How to Spot a Questionable Cryptocurrency Site

Cryptocurrency scammers are a crafty bunch. In fact, some have found a way to make a cryptocurrency site address appear authentic. Then, once you use your login information on a fake site, the scammers now have your information. They now have access to your real cryptocurrency site, and can rob you blind. One way to … Continue reading “How to Spot a Questionable Cryptocurrency Site”

Three Outrageous Moments in Cryptocurrency Scam History

Author Ian CooperPosted on Categories Altcoin, Crypto Exchanges, Cryptocurrency, ICOTags , , , , , , , , , , , Leave a comment on Three Outrageous Moments in Cryptocurrency Scam History

With any investment such as cryptocurrency, there is the potential for scam. So it pays to be cautious. Phishing for Coins A scam once referred to a CoinHoarder netted $50 million in cryptocurrency theft over three years using a phishing scam. “The campaign was very simple and after initial setup the attackers needed only to … Continue reading “Three Outrageous Moments in Cryptocurrency Scam History”