Category: Scams

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

YouTube: We’re Not Liable for Crypto Scams

Lawyers for the video-sharing platform argue that because Ripple impersonators were third-parties it has no liability. YouTube’s legal team has argued the platform is immune from liability for cryptocurrency scams perpetrated as part of its video content or descriptions.  Attorneys for Ripple and CEO Brad Garlinghouse filed a lawsuit against YouTube in April in response…
Read more

Twitter Hack Special: $120K Stolen, FBI Investigate, Calls to Ban BTC — Hodler’s Digest, July 13–19

Top celebrities, politicians and businesses are caught up in a “social engineering attack” on Twitter — with theories swirling around that it could have been an “inside job.” Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights,…
Read more

Cointelegraph Cracks Down on Staff Imposters, Investigation on the Way

Cointelegraph cracks down on impersonators claiming to be staff as part of an ongoing investigation with Coinfirm. Over the last several months, a number of people claiming to be Cointelegraph staff have paraded around LinkedIn and Telegram, as well as through email. These efforts often attempt to lure unsuspecting victims into sending payments in exchange…
Read more

Criminal Extradited from Cyprus for Allegedly Stealing Bitcoin

DOJ extradites two criminals, one for stealing Bitcoin, from Cyprus. Two alleged criminals, one suspected of stealing thousands of Bitcoin and the other a money launderer with connections to Hezbollah, were extradited from Cyprus, according to the Department of Justice or DOJ. One of the suspects is wanted in Georgia and Arizona for cyber intrusion…
Read more

Bitcoin Mining Firm Northern Data Slams ‘Trolls’ After Stock Drops 40%

Northern Data’s head of finance calls whistleblowers “anonymous trolls” and says that the company is completely transparent. European Bitcoin (BTC) mining firm Northern Data has seen its stock fall 40% in days amid claims that it committed fraud. Data from Bloomberg showed the company’s NB2 stock trading at under €47 ($53.70) at the end of…
Read more

Dubious Asset Manager Claims to Short Chainlink With 99% Target

A suspicious asset manager is claiming to have entered into a short position targeting a 99% crash in the price of Chainlink. A report authored by Zeus Capital has asserted that the firm is building into a Chainlink (LINK) short position with a target of 99% gains, describing the top-10 cryptocurrency by market cap as…
Read more

New Suit Alleges Utahn Ponzi Operators Took the Money and Ran

New suit looks to recover nearly three quarters of a million dollars from alleged ponzi scheme that claimed major altcoin gains amid crypto winter. Per a July 15 complaint from two former investors who have been unsuccessful in getting their money back, Utah-based Crypto Traders Management advertised an investment strategy that constituted an unregistered security,…
Read more

Joe Biden’s Twitter Account Hacked By Criminals Asking for BTC Donations

Joe Biden’s Twitter account has been hacked too. Presidential candidate Joe Biden fell victim to the criminal enterprise that earlier hacked Twitter accounts of Elon Musk, Bill Gates, Warren Buffett, and Barack Obama, in addition to many well-known accounts in the crypto industry. Criminals are breaking into Twitter accounts with many followers and post messages…
Read more

One Millionaire Really Is Giving Away Bitcoin — But Is That a Good Thing?

Bill Pulte has been giving away thousands in cash, crypto, and cars for months now, but he could be inadvertently helping scammers. Millionaire philanthropist Bill Pulte has given away close to $150,000 this year in an attempt to promote the mass adoption of cryptocurrency. However, some critics are concerned that he may inadvertently be providing…
Read more

Third Crypto Co-Founder Behind $25 Million ICO Scam to Plead Guilty

Sohrab Sharma would be the 2nd co-founder behind the Centra Tech ICO scam to face prison following the conviction of Robert Farkas in June. Sohrab Sharma, one of the co-founders of cryptocurrency firm Centra Tech facing charges related to a $25 million initial coin offering scam, is reportedly planning to plead guilty.  According to a…
Read more