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Coronavirus Has Erased 33% of Crypto Scammers’ Revenue: Chainalysis
10.4.2020
Research firm Chainalysis found that even though crypto scammers were seeing high numbers of transactions, this year's dramatic market tumble means their actual profit was a fraction of what it used to be
How Imposters Scam Entrepreneurs Out of Their Crypto
8.4.2020
It's a new twist on an old scam: Someone pretending to represent a major media company will approach a small business offering to write about them… for a price, this time in crypto
Beware! Scammers Are Out for Crypto Amid the Coronavirus Pandemic
2.4.2020
Cybercrimes are on the rise amid the global coronavirus pandemic, and scammers are using crypto to facilitate some of their attacks
Scammers Raise USD 4.9m in Ethereum in 2 Months + More News
1.4.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crime news
A South Korean scam operator has reportedly gathered around USD 4.9 million in ethereum (ETH) as part of a multi-level...
Amid Reports of Growing Scammers and Imposters, Ripple Shares Tips to Spot XRP Giveaway Scams
26.3.2020
Being a relatively young industry, crypto space is more vulnerable to scammers and imposters, with the community losing billions of dollars in crypto frauds over the years. Responding to the growing giveaway scams in their name, Ripple has posted an article explaining to its community members...
Prosecutor Says Crypto Scammers Should Stay in Jail Despite COVID-19 Concerns
26.3.2020
A federal prosecutor is arguing against the release requests of two men accused of masterminding the $722 million BitClub Network Ponzi scheme
Scammers Impersonate World Health Organization to Steal BTC COVID-19 Donations
19.3.2020
Online scammers are now impersonating the World Health Organization to get Bitcoin donations for its COVID-19 Solidarity Response Fund
Don’t Fall for It: Scammers Are Impersonating CoinDesk Staff on Social Media
9.2.2020
Scammers are posing as CoinDesk reporters, offering articles in turn for payment. CoinDesk does not and will never accept payment for coverage. Don't be fooled
Don’t Fall for It: Scammers Are Impersonating CoinDesk Staff on Social Media
9.2.2020
CoinDesk does not and will never accept payment for coverage. Don't be fooled
Don’t Fall for It: Scammers Are Impersonating CoinDesk Staff on Social Media
9.2.2020
CoinDesk does not and will never accept payment for coverage. Don't be fooled
Scammers Who Sold Coin '10x Faster Than Bitcoin' Now Jailed
24.1.2020
A South Korean court has handed the masterminds of a scamcoin scheme seven-year prison terms.
Per media outlet Newsis, a court in Seoul found two men, both aged 58, guilty of fraudulently selling some USD 23 million worth of so-called “A Coin” tokens to a total of 5,696 investors.
The men fronted...
Cloud Token and the Rise of MLM Crypto Projects
29.12.2019
Chinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover...
Mainstream Media’s Hit Piece on Hitmen Fails Miserably
28.12.2019
Mainstream media is probably one of the worst mediums for factual information because it’s typically filled with ignorance and propaganda. When it comes to cryptocurrencies, darknet markets, and encryption, conventional news outlets publish hit pieces that are beyond absurd. On December...
Chinese Police Clamps Down Fraudulent Bitcoin Miners and Scammers
25.12.2019
In a major clampdown, the police forces hailing from Tangshan city, China have confiscated 6,890 bitcoin rigs operating in the region, stated the report furbished by the China Central Television, the state broadcaster on Monday. The report suggested that the strict action was a joint effort...
Chinese Police Seize Thousands of Miners, Arrest Dozens of Scammers
25.12.2019
In the last couple of days, Chinese media have reported on police forces in one province of the vast Asian country seizing close to 7,000 mining rigs using stolen electricity and in another province arresting 72 multi-level marketing scheme operators for alleged fraud. Also Read: Chinese Regulators...
$100M of Ethereum Tied to Plustoken Scam Sparks Wild Theories
21.12.2019
During the last two weeks as cryptocurrency prices slid below long term foundational support, speculators assumed Plustoken scammers may be behind the dump. Blockchain intelligence firm Chainalysis published a report which claimed Plustoken coin sales might be dragging BTC prices down. Moreover,...
Bitcoin Scammers ‘Tired’ of Crypto as Focus Switches to Prepaid Cards
18.12.2019
Scammers may be ditching Bitcoin for prepaid bank cards, according to a new report by Kaspersky Lab
Russian Authorities Charge Two Anonymous Crypto Scammers
17.12.2019
Ever since the popularity of cryptocurrencies has seen a tremendous jump in the financial market, the rate of crimes, frauds, and illicit activities concerning digital assets have also surged up at an equally fast pace. In a recent incident, the regulatory authorities held two Russian citizens...
Japanese Kids Proving too Smart for Crypto Scammers
17.12.2019
Cryptocurrency-related scams are prevalent among Japanese high school children – but it looks like the nation’s youth is already wise to bogus promises and get-rich-quick schemes.
Per Ryuku Shimpo, the education authority of the Okinawa Prefecture last month conducted a survey at 88 high schools...
HitBTC Scammers Face Two Years in Jail dor $140K Bitcoin Twitter Fraud
17.12.2019
Another case of Bitcoin fraud involving weak security sees two men steal 23 Bitcoins from a HitBTC user