Fraud

Chinese Ponzi Scheme Defrauds Hundreds of Thousands, Victims Blame Tron and Justin Sun

Chinese Ponzi Scheme Defrauds Hundreds of Thousands, Victims Blame Tron and Justin Sun

  • Scammers who previously claimed association with Tron have disappeared with around $30,000,000 worth of investor's money.
  • Defrauded investors are blaming Justin Sun for his lack of dissociation with the scam.
Couple Loses Tens of Thousands in a Bitcoin Investment Scam

Couple Loses Tens of Thousands in a Bitcoin Investment Scam

  • After initial success, the Yeomans family lost everything in the scam.
  • Crypto scams are getting more and more complex and harder to avoid.
A hacker in front of a computer in a dark setting

Another Crypto Exchange Hacked, This Time for $4.2 Million

  • Bitrue has been transparent about the situation, calming users that their funds will be restored.
  • $4.2 million worth of XRP and ADA were stolen, authorities have been notified and are trying to identify the perpetrator.
Hackers Steal 7,000 Bitcoins From Crypto Exchange Binance

Hackers Steal 7,000 Bitcoins From Crypto Exchange Binance

Hackers were able to steal more than 7000 Bitcoins from one of the world's largest cryptocurrency exchanges by trade volume, Binance,...
Crypto Exchange Bithumb Hacked Once Again

Crypto Exchange Bithumb Hacked Once Again

Cryptocurrency exchange Bithumb has lost around $19 million in a hack suspected to be an insider job,...
AriseBank-CEO-Pleads-Guilty-to-4.2-Million-ICO-Scam

AriseBank CEO Pleads Guilty to $4.2 Million ICO Scam

Jared Rice Sr., former CEO of cryptocurrency scam AriseBank, pleaded guilty to one count of securities fraud,...
Cryptopia Sheds Light on the Amount of Funds Stolen by Hackers

Cryptopia Sheds Light on the Amount of Funds Stolen by Hackers

More than six weeks have passed since the Christchurch-based exchange was hacked, with plenty of speculation about...
Fake MetaMask App Containing Malware Pulled From Google Play Store After Tip-Off

Fake MetaMask App Containing Malware Pulled From Google Play Store After Tip-Off

New app impersonating MetaMask was found on the Google Play store containing malware capable of replacing victims' wallet addresses, the cybersecurity company...
Localbitcoins Suffers Security Breach

Localbitcoins Suffers Security Breach

Popular over-the-counter trading platform Localbitcoins has just announced that a security breach has been identified on their...
Cryptocurrency Exchange Cryptopia Announces Security Breach, Goes Offline

Cryptocurrency Exchange Cryptopia Announces Security Breach, Goes Offline

New Zealand-based exchange Cryptopia has just informed its customers on Twitter that they have suffered a security...