Stay Safe From Coronavirus but also Keep your Bitcoin(s) Safe
The time is ripe for another round of scams and shady schemes, as the coronavirus panic is used to extort potential Bitcoin buyers. Beware of scammy schemes or shady exchanges...
Warning: OneCoin Scam Promotes Upcoming Event on Facebook
Incredibly, the OneCoin Ponzi investment scheme is still going strong in Asia. The widely renowned scam is hosting an event in Japan in 4 days, and advertising it on Facebook. OneCoin...
BBC Air Documentary on Notorious ‘Crypto Queen’ Scammer
Nothing gets the clicks or views more than a good story of fear, uncertainty and doubt. The BBC, which has largely steered clear of reporting on crypto, has aired a documentary on the...
Why Binance Crypto Lending Could Be a Bad Idea
Not a week goes by without the world’s most dominant crypto exchange launching a new service or incentive. This week has been no different with the announcement of a controversial...
Chinese Ponzi Scam Floods Exchanges And Hits Bitcoin Price
According to Primitive founder, Dovey Wan, the latest Bitcoin sell-off is down to a major Chinese ponzi scheme. Little known outside of China, PlusToken scammed over 200k BTC and 800k...
OneCoin ‘Compromised’ Samoa’s Financial System: Churches Investigated For...
Embattled pseudo-crypto ponzi scam, OneCoin, has a lot to answer for, now allegedly including the ‘compromise’ of Samoa’s financial system. This is according to...
New Jersey Cracks Down on Fraudulent Bitstrade
Following the fallout from fraudulent Ponzi-scheme Bitconnect’s demise, New Jersey has officially ordered cryptocurrency investment entity Bitstrade to stop offering unregistered and...
Clueless? Nigeria’s SEC Says Bitcoin, OneCoin Pose Equal Risk
The Securities and Exchange Commission in Nigeria has issued a public notice in which caution is advised with regards to ‘cryptocurrency’ investments. WARNING...
Alleged Scammers Behind Bitcoin Exchange Ponzi, MyCoin, Arrested in Taiwan
The Chinese newspaper, China Times, has reported that on August 20, 2015, Taiwanese police arrested two suspects who allegedly scammed investors out of $1 billion NT, equivalent...
XScrypt Cloud Mining Provider Shows True Ponzi Colors?
Cloud mining service providers have been facing hard times ever since the Bitcoin price dropped below $320. Whereas major Bitcoin cloud mining service providers had to shut down...