Category: Fraud

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FBI Arrests Exchange Operator for Lying About 6000 Bitcoin Hack

Jon E. Montroll, a 37 year old from Texas, is now facing up to 30 years in jail for perjury and obstruction of justice. The operator of Weexchange and Bitfunder is accused of repeatedly lying to the SEC...

If You’ve Been Scammed Out of Cryptocurrency It’s Probably Your Fault

Scammers are a dastardly, low down bunch. Preying on the gullible, extorting the vulnerable, and hoodwinking the hoodwinkable with their promise of free bitcoin if you send a little first and daily interest on your Bitconnect loan. It’s...

PR: Vadim Nareyko, CTO PlayHall – Technical Aspects of the PlayHall Platform

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content,...

Chicago Trader Steals Over $2 Million in Bitcoin and Litecoin Cryptocurrency

A Chicago trader is facing up to 20 years in prison for stealing over $2 million in Bitcoin and Litecoin cryptocurrency from his employer. Most 24-year-olds would be quite happy to be attached to a new cryptocurrency unit...

US Regulator Warns Against Pump-and-Dumps and Advises How to Buy Crypto

The U.S. Commodity Futures Trading Commission (CFTC) has issued its first warning against pump-and-dump schemes involving cryptocurrencies while giving advice on how to buy crypto. This warning follows previous warnings by two other U.S. regulators. Also read: Japan’s DMM...

Cryptocurrency Trader Sues T-Mobile for Giving Hackers Control of His Account

Cryptocurrency use requires great personal responsibility with regards to data security. Investors need to not only make sure they are using best security practices but must also hope that service providers that have the potential to jeopardize their...

The Bee Token Crowdsale Stung by $400k Phishing Scam

The Bee Token, 2018’s most eagerly anticipated and oversubscribed ICO, has had a disastrous start to its crowdsale. Over 100,000 people had applied to be whitelisted, and the anticipation in the group’s Telegram channel was palpable. The moment...