Eliyahu Gigi, a 31-year-old from Tel Aviv, has been charged with stealing over $1.7 billion in a variety of cryptocurrencies. Gigi allegedly stole BTC, Ethereum, and Dash from users in…
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Economist and anti-cryptocurrency pundit Nouriel Roubini has recently declared that there is “overwhelming evidence of rampant fraud and abuse” in the crypto space. Roubini, a professor at NYU’s Stern School…
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A group of Venezuelans has filed a lawsuit with a Florida Federal Court in connection with a Ponzi scheme involving $30 million in cryptocurrency promoted by Canadian investment radio host…
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Former Republican congressman and presidential candidate Ron Paul says he is in favor of cryptocurrencies and blockchain technology because he likes competing currencies. Ron Paul delivered his remarks in a…
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The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include “action on cryptoassets.” The new Economic Crime Plan from H.M. Treasury…
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A Texas Federal Court has ordered two defendants to pay $400,000 for conducting a fraudulent scheme to solicit Bitcoin (BTC) from members of the public, the United States Commodity Futures…
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Vanuatu, a Pacific Island country, has extradited six Chinese citizens to the mainland, according to a report by Odaily Planet Daily on July 10. The suspects were reportedly arrested in…
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The Tron Foundation issued an official response to a recent protest against a ponzi scheme that went under a Tron-like name, today, July 8. As Cointelegraph previously reported, protestors swarmed…
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The Tron office in Beijing has been surrounded by police as a crowd gathered to protest against a Chinese ponzi scheme that went under a Tron-like name, Twitter personality Crypto…
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India’s national police academy has launched a cryptocurrency course for high-ranking officers of the Indian Police Service. Among the objectives of the course are the functioning and legal aspects of…
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Several security vulnerabilities have been disclosed by Monero, including one that could have been exploited to steal xmr from exchanges, reports on the breach disclosure platform HackerOne revealed on July 3. The vulnerability theoretically…
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Only 66 stablecoins — 30% of total announced tokens — are actually live and operational, according to a study published by the blockchain research group Blockdata on June 26 The…
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Cardano founder Charles Hoskinson claimed that emerging markets are where cryptocurrencies matter, and that Facebook’s announced virtual currency Libra is not going to find success in this area, according to…
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Europol, in conjunction with the United Kingdom’s South West Regional Cyber Crime Unit, the Dutch police, Eurojust, and the U.K.’s National Crime Agency (NCA), has coordinated the arrests of six…
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46-year-old New York resident Patrick McDonnell admitted to stealing funds obtained from his clients instead of investing them in cryptocurrency, Bloomberg reports on June 21. Per the report, McDonnell —…
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A new survey by Moscow-based cybersecurity firm Kaspersky Lab introduced on June 17th revealed that 19% of people globally have purchased cryptocurrency. The survey, titled “The Kaspersky Cryptocurrency Report 2019,”…
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The United States Department of Justice (DoJ) has unsealed a fraud complaint against Swedish citizen Roger Nils-Jonas Karlsson and associated firm Eastern Metal Securities (EMS), according to a press release…
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U.S. authorities seized more than $200,000 worth of bitcoin after alleged drug manufacturer and dealer met with undercover law enforcement officers to exchange the digital currency for cash at a…
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Insurance tech firm BlockClaim has recently received £500,000 ($627,000) in funding for its blockchain-based claims solution, according to an official blog post on June 17. The firm raised the funds…
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Nonprofit organization The Zcash Foundation has partnered with blockchain company Parity Technologies to release a new, open source software client for the cryptocurrency Zcash, according to a press release on…
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The British Financial Conduct Authority (FCA) has warned investors of a fraudulent company posing as the Swiss Investment Corporation, an FCA-authorized firm offering crypto investments, and another company that is…
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United States-based blockchain startup Spring Labs has raised $23 million in a Seed A funding round, according to a press release on June 12. Spring Labs will purportedly use the…
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Over the last 48 hours, cryptocurrency enthusiasts have been discussing a Bitcoin snapshot fork called Bitcoin2. The little known coin gained over 5,200% since May 28 on only two exchanges…
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Twitter user and malware researcher Fumik0_ has discovered a new website that spreads cryptocurrency malware, according to a report by Bleeping Computer on June 5. According to the report, the…
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The United States Securities and Exchange Commission (SEC) has filed fraud charges against supposed cryptocurrency firm Longfin Corp. and its CEO Venkata S. Meenavalli, according to a press release on…
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The U.S. Securities and Exchange Commission (SEC) filed new charges against fintech company Longfin Corp. and its CEO, Venkata Meenavalli, alleging that the company committed fraud when it claimed to…
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John De Mol, a Dutch billionaire responsible for the local Big Brother and The Voice shows, filed a lawsuit against Facebook over crypto ads using his image without permission, Reuters…
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The European Union has told Malta it needs to improve the resources it has to fight potential financial crime as a result of cryptocurrency popularity, local daily news outlet Malta…
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A Sao Paulo court has blocked funds in bank accounts linked to Grupo Bitcoin Banco — with 726,630 reals (about $188,000 at press time) frozen, Cointelegraph Brazil reported on June…
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The National Bank of Rwanda, the country’s central bank, has issued a public service announcement on alleged cryptocurrency scams, according to an official Twitter post on May 30. The central…
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The Securities and Futures Commission (SFC) of Hong Kong has expressed concern over the lack of regulation for dealing with fraud in the crypto space, local news agency The Standard…
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The Qulab information-stealing and clipboard hijacker trojan is being propagated on YouTube via fraudulent videos about an allegedly free bitcoin (BTC) generator, BleepingComputer reports on May 29. According to the…
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Police in Russia have arrested an alleged creator of a crypto pyramid scheme from Kazakhstan who was facing an international arrest warrant, Russia’s Ministry of Internal Affairs (MOI) officially reported…
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Germany’s financial regulator has no knowledge of “cyber incidents” or market manipulation occurring on crypto trading platforms in the country, according to a press release on May 28. Referencing info…
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The Australian Securities and Investments Commission (ASIC) has warned the public that crypto project OneCoin “could be involved in a scam,” according to a notice released on May 28. The…
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The United States Securities and Exchange Commission (SEC) has initiated court proceedings against a California resident for allegedly operating a multimillion-dollar cryptocurrency pyramid scheme, according to a press release published…
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Two Chinese over-the-counter (OTC) traders have been accused of running an illicit bitcoin (BTC) loan scheme and collecting bitcoin by promising interest on deposits, Chinese newspaper The Beijing News reports…
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A 33-year-old man in the Netherlands has been arrested for bitcoin mining fraud worth over €2 million ($2.2 million). Dutch tax authority’s investigative department, FIOD, announced the news Monday, saying…
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