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Scams, Hacks & Breaches

Sentenced: ICO Fraudster Will Serve Time in US Prison for Two Crypto Scams

Two fraudulent initial coin offerings (ICOs) have landed a Brooklyn businessman, Maksim Zaslavskiy, in prison. Zaslavskiy was sentenced on Monday…

November 19, 2019

$450 Million Crypto Conspiracy: Russian Agency Accused of Seizing Massive Trove of Bitcoin (BTC)

A new investigation links Russia's Federal Security Service (FSB) to the disappearance of $450 million in Bitcoin and crypto. The…

November 15, 2019

Crypto Exchange Binance Issues Warning About Passwords Following BitMEX Leak

BitMEX, the world's largest Bitcoin and crypto derivatives exchange, has released a statement regarding a security breach with email addresses…

November 1, 2019

Expired: Bitcoin Ransom Deadline Lapses As City of Johannesburg Refuses to Hand Over 4 BTC

The City of Johannesburg refuses to cough up a crypto ransom in the amount of four Bitcoin worth approximately $37,471…

October 28, 2019

Bitcoin Scam Hits Music Mogul Simon Cowell and UK Celebrities: Report

Three UK celebrities are pushing back against a fake article touting their supposed endorsement of a Bitcoin trading platform. The…

October 24, 2019

Inside Job: Crypto Investor Loses Bitcoin and Life Savings – Report

Discord chat logs obtained by Fox News show hackers plotting to steal a California man's cryptocurrency stash via a SIM…

October 24, 2019

Texas State Securities Board Revs Up Second Sweep of Suspicious Crypto Products, Issues Emergency Enforcement Actions

The Enforcement Division of the Texas State Securities Board is continuing its second sweep of suspect cryptocurrency investment products. In…

October 16, 2019

Biggest Blockchain Exploits Show Weakness in Smart Contracts, Says Crypto Insider

Byron Murphy, an editor at Viewnodes, the developer of Metaverse, one of China’s earliest proof-of-work blockchain, says smart contract vulnerabilities…

October 15, 2019

Buyer Beware: US Regulators Charge Alleged Bitcoin Fraudster for Swindling Customers Out of $7 Million

The U.S. Commodity Futures Trading Commission (CFTC) filed charges on Monday against a Pennsylvania man they allege swindled two customers…

October 1, 2019

New Malicious Malware Stealing Crypto Funds – Bitcoin, Ethereum, XRP, Litecoin, Cardano and Monero Users Targeted

A new Trojan-delivered spyware, identified on black market forums as the “Masad Clipper and Stealer,” is stealing cryptocurrency, private passwords…

September 28, 2019