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Scams, Hacks & Breaches

Biden Administration Preparing To Combat Crypto Ransomware Payments – Here’s How

The Biden administration plans to counter the use of cryptocurrencies during ransomware attacks by imposing sanctions. The U.S. Department of…

September 17, 2021

Crypto Hedge Fund Founder Ordered To Surrender $54,793,000 and Sentenced to Over Seven Years for Digital Asset Scam

Audrey Strauss, the US Attorney for the Southern District of New York, announced that Australian national Stefan He Qin, founder…

September 17, 2021

Man To Forfeit Millions in Cash, Real Estate and Jewelry After Pleading Guilty to Fake Crypto Investment Scheme

An Ohio man is due to forfeit millions in cash, real estate and jewelry after pleading guilty to facilitating a…

September 13, 2021

Man Faces 15 Years in Jail for Allegedly Installing 46 Bitcoin and Crypto Miners Inside Government Building

A man may end up behind bars for 15 years after he was allegedly caught mining Bitcoin (BTC) and other…

September 12, 2021

Hackers Crack Russian Government Website, Launch Shameless Bitcoin Giveaway Scam: Report

Anonymous hackers have reportedly undermined a Russian government website in order to launch a Bitcoin (BTC) giveaway scam. The malicious…

September 7, 2021

14 Arrested in Police Raid After $5,400,000 Crypto Investment Scam Targeted Retirees

Over a dozen people have been arrested in connection with a cryptocurrency scam that preyed upon wealthy senior citizens in…

September 7, 2021

SEC Issues Warning About Crypto and Digital Asset Scams in New Investor Alert

The U.S. Securities and Exchange Commission has issued a warning to investors about scams lurking in the world of cryptocurrency…

September 6, 2021

Director and Promoter of $2,000,000,000 BitConnect Ponzi Scheme Pleads Guilty to Fraud

A key figure in what is believed to be the biggest crypto fraud in history has pled guilty to criminal…

September 6, 2021

Alleged BTC Ponzi Scheme Mastermind Disappears With $6,000,000 of Investors’ Funds

An alleged Bitcoin pyramid scheme has collapsed while the mastermind behind it has disappeared with over $6 million of investors'…

September 5, 2021

Man Loses Over $700,000 in BTC to Alleged Bitcoin Trading Scam Advertised on YouTube

A man from Northwest England man lost over $700,000 worth of Bitcoin after falling prey to an alleged investment scam…

September 5, 2021