Bitcoin Scams centra tech Crypto DJ Khaled Floyd Mayweather 

DJ Khaled and Floyd Mayweather Successfully Escape ICO Fraud Lawsuit

By CCN: A federal court has dismissed a lawsuit against Floyd Mayweather, DJ Khaled, and the proprietors of Centra Tech, an ICO that centered around the launch of a crypto debit card. Mayweather and Khaled were compensated for using their vast social media presence to promote the ICO. The court has decided that this is not enough to make them “successful solicitors.” Khaled, Mayweather Not “Successful Solicitors” for Centra Tech The court ruled in favor of a motion to dismiss by the defendants. In the case of Floyd Mayweather, the…

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Bitcoin Crime Bitcoin Scams coincheck Crypto QuadrigaCX 

Q1 2019 Thefts, Fraud Hit $1.2 Billion

By CCN.com: Even as the bearish conditions in the crypto markets persisted in this year’s first quarter, bad actors in the sector continued to thrive. According to cybersecurity firm CipherTrace, during the first quarter of the year, the amount that bad actors generated from stealing from bitcoin exchanges and operating cryptocurrrency scams reached $1.2 billion in this year’s first quarter, as initially reported by Reuters. Cryptocurrency thefts, fraud hit $1.2 billion in first quarter: report #Cryptocurrency thefts alone reached $356 million in first quarter of 2019; Cross-border payments from US…

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bitcoin Bitcoin Crime Bitcoin Scams Crypto singapore 

Singapore Police Rescue Victim from Elaborate Bitcoin Machine Scam

By CCN.com: A police investigation involving bitcoin machines at Tampines One Mall in Singapore saved a 32-year-old man from scammers impersonating officials. They also helped a 49-year-old man not to transfer any more of his bitcoin to the alleged lying thieves. Singapore police warned on Saturday: “Do not fall for scammers who impersonate officials from China and ask victims to transfer money using bitcoin machines.” Also: “No government agency in Singapore will demand payment over the telephone or other social messaging platforms, such as WeChat or Facebook, or demand that…

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Binance Bitcoin Exchange Bitcoin Scams CREX24 Crypto sistemkoin 

Bitcoin Trader Claims Funds Misdirected

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. CCN previously reported on a disturbing discovery by a security researcher who had a problem with Sistemkoin exchange. He found that he was able to spy on other people’s support…

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Bitcoin Scams Crypto OneCoin 

FBI Nabs OneCoin Ringleader at LAX as Massive Crypto Scam Unravels

On March 6th, the US Federal Bureau of Investigation (FBI) arrested OneCoin ringleader Konstantin Ignatov at Los Angeles International Airport (LAX). The government alleges that he was one of several masterminds behind the multi-billion dollar crypto pyramid scheme. OneCoin has faced fines and criminal actions around the world – particularly in India, where 22 promoters have already been charged. China has also levied charges against promoters of OneCoin, while several central banks have issued warnings. OneCoin claimed to be a revolutionary cryptocurrency. Instead, according to one researcher, it used a…

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Bitcoin Scams 

15 Suspects Arrested in Alleged $8 Million Taiwan Cryptocurrency Scam

By CCN.com: More than a dozen suspects have been arrested in Taipei for their part in an alleged Taiwan cryptocurrency scam that is worth in the region of $8 million. The scam surrounds a cryptocurrency called IBCoin, which was supposedly used to part investors from their cash in Taiwan. 2018 was a bad year for the crypto industry in terms of scams with a supposed $3 billion in losses due to crypto crime. This alleged crypto fraud case is one of the largest so far this year in Asia and…

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Bitcoin Scams Ethereum Ethereum Classic Ethereum News guarda 

Crypto Scammers are Taking Advantage of Ethereum Hard Forks

Upcoming forks in Ethereum and Ethereum Classic have given opportunity to scammers. Two alleged “hard fork” versions are trying to steal money from users of both. Ethereum Nowa claims to be forking away from ETH. Ethereum Classic Vision claims to fork away from ETC. These forks are allegedly in response to regularly scheduled network upgrades in both blockchains. Accordingly, the team at Guarda, which offers a web-based solution similar to Coinomi, wrote to CCN to report that both of these forks are scams. The official web wallets both Ethereum Nowa…

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Altcoin News asic Bitcoin Scams BitConnect John Bigatton Madelin Bigatton 

Regulators Freezes Assets of BitConnect Promoter John Bigatton

John Bigatton, the only representative for BitConnect Australia, has had his assets frozen by the  Australian Securities and Investments Commission (ASIC), functions very similarly to the Securities and Exchange Commission in the United States. Bigatton can’t travel, as part of the ongoing investigation. In the video below, Bigatton celebrates with BitConnect victims as cash rains to a Star Wars theme. From Financial Advisor to Alleged Crypto Scammer Bigatton is also a director and shareholder in BitConnect International. BitConnect as a whole is under investigation by several international bodies, including the…

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bitcoin Bitcoin Exchange Bitcoin Scams bitebtc Proof of Keys 

Singapore Bitcoin Exchange BiteBTC.com Claims Data Center Fire on Proof of Keys Day: Exit Scam?

A bitcoin exchange in Singapore reported on January 3 that on New Year’s Day their data center experienced a “fire.” Fears of an exit scam began to mount. According to them, this fire results in 7% of users losing access to their accounts. The events coincided with the first annual Proof of Keys event. BiteBTC.com wrote on January 3: On January 1, 2019, a fire occurred in the data center where the exchange servers are located, as a result of which part of the data on the main and backup…

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9/11 Bitcoin Scams lloyd's of london Silverstein Properties TheDarkOverlord world trade center 

Pay Bitcoin Ransom or We’ll Release 9/11 Papers

TheDarkOverlord, the hacking group that got popular for releasing episodes of the hit TV series Orange is the New Black, has surfaced again, this time they claim to have stolen information related to the 9/11 attack on the World Trade Center back in 2001, per reports on Motherboard. According to an update posted on Twitter on New Year’s Eve, the group claims to have stolen thousands of documents from insurance firms such as Lloyds of London, Silverstein Properties, and Hiscox Syndicates. They are now threatening to publish the contents of the…

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