Crypto Scam

Trezor web wallet falls under URL attack

Many from the crypto community on Reddit revealed that if they make even a small typo, they are redirected to a fake website impersonating Trezor. The wallet claims that an updated is needed to the firmware as an excuse to ask...

Bank of Ireland allegedly used by a lawyer to launder $300 million crypto scam money

The US Department of Justice, in a filing with New York court, alleged that a US lawyer manipulated Bank Of Ireland to launder 273 million euros received from OneCoin crypto scam. US lawyer Mark S Scott contacted BoI in...

UK police earns £240,000 from auctioning crypto seized from Talk Talk hacker

British cops raised £240,000 in their first-ever auction of seized cryptocurrencies. The funds were seized from the notorious teenage Talk Talk hacker, Eliott Gunton. Reportedly, Gunton sold personal data of people on the darknet in exchange for cryptocurrencies. Cryptocurrencies that...

Hacker demands bitcoin after attacking Spanish city’s computer system

Jerez de la Frontera, a city located in southern Spain, is under siege by an enterprising hacker. The city's computer system has been taken over by the crook, who now seeks bitcoin as a ransom to restore the system....

Iraqi man sentenced 30 years in prison for selling narcotics on Dark web

Yesterday, a court in Texas sentenced an Iraqi man to 30 years in federal prison for various narcotics in exchange for cryptocurrency on the dark web. According to the press release by the US department of justice, this is believed to...

Father-daughter duo sentenced for 8 years for running crypto drug ring

A father and daughter duo have received a combined prison sentence of 8 years for selling drugs in exchange for Bitcoin on the dark web. Brittany Nicole Green was sentenced to 5 years in prison, whereas her father, Gregory,...

Cryptocurrency exchange CEO disappears. Investors fear exit scam

In the past, several exchanges have disappeared from the crypto market for multiple reasons, and it looks like Beaxy exchange might become the latest exit scam in crypto projects. The exchange appeared this summer claiming to become "the Binance...

Crypto brokerage firm Mavixbtc Limited shut down by Missouri Securities Division

The Missouri Secretary of State Securities Division has sent a notice to Mavixbtc Limited to shut down their operations because of misleading investors. Mavixbtc would be facing civil penalties and investigation costs of over $30,000 for representing themselves as...

Cryptocurrency company fined $6.8 million for issuing a fraudulent public offering

The US Court ordered the cryptocurrency company Longfin to pay $6,755,848 in fines to the US SEC for issuing fraudulent public offerings. Yesterday SEC announced that a New York Federal court ruled against the fintech company for falsifying revenue from sham commodities...

Bitcoin phishing email from Queen Elizabeth II: Save the economy of United Kingdom

A recent bitcoin phishing scam involves a letter from the private secretary to Queen Elizabeth II. These scammers are using the 'snail mail' method which is not commonly used. The scammers are pretending to be Edward Young and  sending...

Latest News

ASIC mining manufacturer Canaan plans to begin its first mining operation in Kazakhstan.

The NASDAQ-listed ASIC mining manufacturer Canaan Inc. plans to accumulate Bitcoin directly and optimize its revenue streams by expanding...