Crypto Hedge Fund Manager Sentenced To Seven Years In Prison For Crypto Fraud
Despite the fact that crypto market is the most secure and efficient form of finance any investor or trader have ever seen, but still, it…
Needs Review
Cryptocurrency
Taiwan Police Arrest 14 Suspects for Scamming Crypto Investors
According to reports, the Taiwan police successfully managed to arrest 14 individuals who are suspected to be involved in a major cryptocurrency scam. Reports showed…
Needs Review
Hacker Stole $29 Million from DeFi Platform Cream Finance
Cream Finance is a cryptocurrency-focused lending platform that allows both retail and institutional stakeholders to lend and borrow. Recently, the platform was targeted by a…
Historical Review
Former South Korea Presidential Advisor Sentenced for Promoting Scam Crypto Project
A professor from South Korea who is going to remain unnamed has been recently sentenced by the law enforcement agencies in South Korea. He was…
Needs Review
Elderly Woman Lost Money to Scammers Posing as Xcel Representatives
A 60-years old woman hailing from South Dakota was recently duped by cryptocurrency scammers. The elderly woman was present in her house and received a…
Needs Review
Scammers are now Targeting Emerging NFT Industry
Blockchain technology has allowed artists to create digital artwork called Non-fungible tokens or NFTs. These NFTs are original images that can be purchased and sold…
Needs Review
Scammers have Created Fake Website to Deceive Mining Machine Buyers
A new type of crypto-related scam has become rife in the market. Many developers want to generate some extra income by decrypting the blocks on…
Needs Review
Friendly Hacker Returns Stolen Digital Assets to Poly Network after Theft
In a shocking new development, the Poly Network hacker who managed to get away with 611 million worth of cryptocurrencies recently returned all the funds….
Historical Review
Crypto YouTuber Accused of Scamming his Followers
TechLead is a YouTube channel hosted by a former Google and Facebook employee. The channel has over 1.1 million subscribers, and it is suspected of…
Needs Review
ICO Scam Project Co-founders Plead Guilty to Regulatory Charges
The two creators of a scam token project have recently pleaded guilty to charges of the Securities and Exchange Commission (SEC). Jeremy McAlpine (25 years)…
Needs Review
Crypto Scammer Looted an Old Man of his Entire Life Savings
BBC recently published a heart-wrenching tale about an old man and his wife. The real name of the victim was hidden, and he was referred…
Needs Review
Investors Lost $2,500,000 to Scammers in a Fake DeFi Project
The 2020 DeFi related mass hysteria claimed numerous victims to its credit. One such scam was an ICO held at the EOS blockchain. A new…
Needs Review
Stablecoin SafeDollar Plunged to Zero after Hackers Took Control of the Project
SafeDollar is another stablecoin project that has crashed down to zero. A stablecoin, by definition, is an altcoin that offers a stable and balanced price…
Needs Review
Chinese Authorities Capture 170 Criminal Groups for Converting Black Money into Cryptocurrency
At present, China is known as the ultimate antagonist in the crypto community. The ongoing ban on crypto mining has earned it the reputation of…
Historical Review
DeFi100 Token went to Near-Zero Levels after Accusation of a Rug Pull
There are countless examples of cryptocurrency frauds that can be found on social media platforms and other places. However, the web of the internet can…
Needs Review
A South African Firm has Conducted One of the Biggest Crypto Frauds in the World History
The Africrypto was a South African cryptocurrency exchange platform founded by the Cajee brothers. A good number of celebrities and high-net-worth individuals were working with…
Needs Review
Australian Man with Dual US Citizenship was Jailed by Federal Court for a Crypto Scam
David Saffron is an Australian born with United States citizenship. The federal court of Nevada charged him for running a cryptocurrency-based scam. Saffron was the…
Needs Review
Scammers are using South African President Name in their Scam Schemes
A new scam website that wants to offer crypto-related services to investors in South Africa has gone too far in stretching the truth. At first,…
Needs Review
The Danger of Increase in Corruption Threatens Ukraine from Becoming the Next Salvador
The aura around cryptocurrencies in the European region is not quite encouraging. The Central Bank of Europe wants to introduce digital euro rather than digital…
Needs Review
Major Australian Banks are Getting Fined by Regulatory Agencies for Dealing in Cryptocurrency
In the course of the last few months, several Australian banks have been heavily fined by the financial regulatory authorities. The Commonwealth Bank of Australia…
Needs Review
The Police and Intelligence Agencies of Pakistan are Trying to Take Control over Increasing Criminal Cases with Digital Currencies
The Police agencies in Pakistan claim that Bitcoin and other cryptocurrencies have been used as an accessory in different criminal activities. Raja Umar Khattab is…
Historical Review
Japanese Worker Sentenced to One Year in Prison for Failing to Declare his Bitcoin Earnings
The concept of crypto investment is quite popular among Japanese folks. The originator of the entire crypto craze in the world is also thought to…
Historical Review
How To Report A Bitcoin Scammer?
People these days are so invested in ways of making money. That is how online trading became the next big trend. But when the number…
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Bad Actors are Using Cryptocurrencies as an Anonymous Payment Method for Collecting Ransom
It is common knowledge that cryptocurrencies have become a highly lucrative choice of payment for bad actors and scammers worldwide. The main reason for the…
Needs Review
Cryptocurrency Scams are Becoming a Huge Problem in South Korea
The South Korean Police recently formed a task force to crack down on the region’s crypto scammers. As reported by the daily Hankyoreh, a complaint…
Needs Review
Hackers Groups Locked out of their Crypto Payment Channels
Not every hacker needs to have the ability to tackle every technical issue. DarkSide, a ransomware operation that conducts planned heists on international companies and…
Historical Review
Another Turkish Exchange Runs out of Fuel to Keep Operating
Turkey is the country that acts as a bridge between Europe and Asia. Last month, the news of the Thodex scam shocked the entire world….
Needs Review
About $80 Million Lost in Cryptocurrencies Scams in One Year Period
People have left aside expensive trade commodities like gold and converted to cryptocurrency markets for a faster return. Many new investors think that crypto investment…
Needs Review
Various Shit Coins have Made their Place in the Crypto Space
The verdict on the legitimacy of Bitcoin and other cryptocurrencies is still unsettled on the market. There is a huge market divide between the enthusiasts…
Needs Review
Thai Regulator Warns Against Binance
SEC (The Securities and Exchange Commission) has warned investors that Binance, a global cryptocurrency exchange situated in Malta that receives Thai baht deposits, is outlawed…
Regulatory Source