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Is HEX a Scam or Just Something that Looks Really, Really Like a Scam?
12.12.2019
Richard Heart. Source: a video screenshot, Youtube, Richard Heart
"Oh, it looks like a scam, I know that," says Richard Heart, the founder of the controversial new cryptocurrency HEX. Speaking to Tone Vays' Bitcoin Law Review podcast, he admits that, "if you don't look into it, it looks like every...
Fraudulent Group Involved in $722 Scam Got Arrested by the US Authorities
11.12.2019
On Tuesday, the Justice Department made an announcement regarding the arrest of three men involved in an alleged fraud that led to the embezzlement of a whopping amount of $722 million from the investors via fake bitcoin mining earnings. According to the latest reports, the prosecutors have...
Accused Onecoin Co-Conspirators Fight Criminal Charges in the US
10.12.2019
The Onecoin scam, a multi-level Ponzi scheme that acquired $4 billion from investors has been falling apart at the seams. Criminal proceedings have started against Onecoin leaders and one alleged associate who was found guilty of laundering $400 million has asked a New York judge for more time...
Thai Police Arrest 24 Chinese Nationals for Alleged Bitcoin Scam
6.12.2019
Thai immigration police have arrested 24 Chinese nationals in connection with an alleged Bitcoin scam call center
Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles
5.12.2019
The MLM monitoring publication behindmlm.com revealed on Dec. 1 that the infamous Ponzi scheme Onecoin’s website onecoin.eu has gone offline. According to the domain host Eurid, the onecoin.eu domain name is currently “under legal investigation.” Onecoin’s website going...
PlusToken Effect: Alleged Asian Exit Scam to Blame for Market Decline?
3.12.2019
This exit scam purportedly cost investors $3 billion, and now could be dropping the crypto price market
The Darknet Just Had One of Its Wildest Months Yet
3.12.2019
Darknet marketplaces exist on a constant knife edge, never more than an exit scam, LE bust, or DDoS away from going down. Even by their usual frenetic standards, though, November was quite a month for DNMs, with high drama and intrigue aplenty. Despite a number of marketplaces disappearing off...
PlusToken Scam Selling Could Dump BTC Price For the Next Two Months
28.11.2019
Recent analysis shows approximately 200k total BTC associated with alleged PlustToken scam, leading to another two months of possible bearish price action ahead if the operation continues its supposed fund selling
Mark Scott Laundered 400 Million Dollars in Crypto Scam, Says Counsel
21.11.2019
Mark S. Scott, a former Locke Lord LLP associate, was paid 50 million dollars by Ruja Ignatova, the fugitive head of the worldwide OneCoin Cryptocurrency scam. A Counsel told a jury that a lawyer on trial for manipulating 400 million dollars out of a huge cryptocurrency scam was inspired by...
Report: George Bush’s Brother Got $300K for Meeting With OneCoin’s ‘Cryptoqueen’
18.11.2019
Neil Bush — the son and brother of two American presidents — is alleged to have received $300,000 to attend a meeting involving OneCoin’s “cryptoqueen,” Ruja Ignatova
OneCoin Scam Might Value 3-4 Times More of Current Estimation, Says Expert
11.11.2019
Jamie Bartlett, the head of the BBC’s The Missing CryptoQueen podcast, stated that the US government estimated the OneCoin multi-level marketing scam worth more than that. Earlier, the authorities speculated that the scam worth $4 billion. However, the paper dug out by Bartlett during his research...
Scale of OneCoin Scam Unravels Amid Ongoing Court Hearings
10.11.2019
Konstantin Ignatov, the brother of OneCoin’s creator, claims that since going into hiding, his sister has been given refuge by a Russian businessman
Corrupt CBI Officer Booked for Extorting Vigilante Bitcoiner
10.11.2019
India’s Central Bureau of Investigation (CBI) has reportedly booked its own officer in an extortion case involving bitcoin. The target was a man who previously fell victim to the Bitconnect scam and allegedly resorted to extreme measures to recoup his money. Also read: China Now Censors...
New York Resident Indicted for Crypto Scam, Charged With Wire Fraud
6.11.2019
U.S. authorities have charged a New York resident with wire fraud for misusing investors’ funds in a digital currency scheme dubbed Igobit
OneCoin Scam Accused Lawyer’s Trial to Begin in New York
6.11.2019
The trial process of a US-based lawyer named Mark Scott, who was recently blamed for being involved in embezzlement of the proceeds from the notoriously famous OneCoin cryptocurrency “scam,” has started in the New York City. According to the reports describing the allegations imposed on the lawyer...
Satoshi ‘Nakamolto’ Emerges With Great Hair and Questionable Claims
3.11.2019
A viral video taken at a Las Vegas event has put self-claimed “Bitcoin co-founder” Jörg Molt in the spotlight this past week. A Twitter user in the space known for hair trigger accusations calls Molt a scammer in the video, and Molt proceeds to knock off the guy’s baseball...
Belgian Regulator Blacklists Another 9 Crypto Websites Suspected of Fraud
1.11.2019
Belgium’s financial watchdog adds another nine suspect sites to its blacklist of crypto-related platforms associated with fraud
‘Bitcoin of the Middle East’ Scam Lands Canadian Expat in Dubai Jail
1.11.2019
A Dubai-based Canadian expat has been arrested for peddling an allegedly fraudulent cryptocurrency, billed as the “Bitcoin of the Middle East”
Malta’s Financial Watchdog Warns of Repeat Offender Bitcoin Scam
31.10.2019
The Malta Financial Services Authority says a Bitcoin scam has resurfaced under a different guise
The Xi Effect – Chinese Government to Fund Blockchain Projects
31.10.2019
Chinese President Xi Jinping’s announcement that the country would invest heavily in blockchain technology – coupled with a sweeping move to remove online posts suggesting such technology is a scam – has nourished optimism long-held by crypto advocates. Of course, the reality...