The New York Southern District Court granted a continuance in the lawsuit against David Pike over his alleged link to the OneCoin Ponzi scheme. Finance news outlet FinanceFeeds reported on Dec. 21Read More…
A United States court has granted regulators a preliminary injunction against an alleged Bitcoin (BTC) Ponzi scheme which reportedly defrauded investors of $11 million. In a filing with the United States DistrictRead More…
An alleged cryptocurrency pyramid scheme in Uganda has fled after defrauding dozens of victims that invested in and worked for the scheme. Dunamiscoins Resources Limited opened in Masaka last month and startedRead More…
Executives at the Bank of Ireland (BOI) could join a trial in the case against Mark Scott, who allegedly helped launder nearly $400 million via cryptocurrency scam scheme OneCoin. Four BOI witnessesRead More…
Malware Smominru mines Monero (XMR) on at least half a million infected computers and now also steals sensitive personal data. An updated malware Cybersecurity company Carbon Black claimed that its Threat AnalysisRead More…
The operator of now-defunct Bitcoin (BTC) exchange BitFunder, Jon Montroll, has received a 14 months prison sentence following federal charges of obstruction of justice and securities fraud, finance and trading industry newsRead More…
In their most current mutant form, the Bitcoin Evolution/Bitcoin Revolution scams are using X-Men star Hugh Jackman as bait. According to the fraudsters, the Australian actor who is best known for hisRead More…
Five-time Ballon d’Or winner Cristiano Ronaldo is the latest celebrity whose likeness has played an unfortunate role in promoting a string of evil bitcoin scams. According to British tabloid Daily Mirror, cryptocurrencyRead More…
Polish cryptocurrency exchange Coinroom has reportedly shut down its operations and disappeared with customer funds, local business news outlet money.pl reported on May 31. Money.pl received an email from one of itsRead More…
United States-based blockchain intelligence firm Chainalysis claims that 64% of ransomware attack cash-out strategies involve the laundering of funds via cryptocurrency exchanges. The data was revealed in a Chainalysis webinar attended byRead More…