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Scams, Hacks & Breaches

Banks (Not Bitcoin) Embroiled in Multi-Billion Dollar “Troika Laundromat” Money Scheme Spreading Across Europe

The "Troika Laundromat" scandal is spreading across Europe and the US, implicating a long list of banks and financial institutions…

March 7, 2019

Swiss Bank UBS (Not Bitcoin) Fined $5.1 Billion for Money Laundering Scheme

A Paris court just hit Swiss Bank UBS AG with a $5.1 billion fine, after finding the investment bank guilty…

February 21, 2019

Banks (Not Bitcoin) Carry the Torch for the $2 Trillion Money Laundering Industry

As the narrative goes, Bitcoin is supposed to make it easy for criminals to conduct illegal transactions. But the amount…

February 5, 2019

Crypto Losses Total $865 Million From 2018 Bitcoin Exchange Hacks As Freshly Stolen Ethereum-based Tokens Are Frozen on Binance

As 2019 ushers in the Cryptopia breach, the new year's first crypto exchange hack, a look at 2018 shows $864…

January 16, 2019

A Cautionary Tale for Crypto As Cryptopia Reports First Bitcoin Exchange Hack of 2019

New Zealand-based crypto trading platform Cryptopia went offline for "unscheduled maintenance" on Sunday, January 13th, making a surprise announcement on…

January 15, 2019

Cryptocurrency Exchange Denies Charges of Duping Traders With Over $250 Billion in Fake Crypto Orders

South Korea’s largest cryptocurrency exchange by volume has allegedly faked over $250 billion worth of orders through replicated accounts and…

December 22, 2018

The Crypto Lark: How Many Times Have the Offices of Bitcoin Been Raided?

In a fresh take on an old story, The Crypto Lark is covering the latest scandal at Deutsche Bank. His…

December 3, 2018

Celebrities Pay Hefty SEC Fines for Unlawfully Tweeting and Promoting ICOs

The US Securities and Exchange Commission announced Thursday that they’ve settled charges against professional boxer Floyd Mayweather Jr. and music…

November 30, 2018

Fake Elon Musk Rakes in More Than $37K in Latest Twitter Bitcoin and Crypto Scam

The latest series of online Elon Musk impersonations is putting Twitter back in the crypto hot seat. Hackers are using…

November 13, 2018

Elon Musk Impostor Cracks Twitter Account, Grabs $38,000 in Bitcoin (BTC)

An Elon Musk impersonator successfully hacked the Twitter account of one of the biggest film studios in Europe, using the…

November 5, 2018