Tagged Crypto Scam

1,100 Arrested in China for Involvement in Crypto-Related Laundering The Chinese authorities have arrested more than 1,100 people allegedly involved in money laundering using cryptocurrencies. The announcement...

The crypto market is one of the booming markets in the world. It has grown rapidly even in the midst of the COVID 19 pandemic. The entire industry now has a market cap of more than $2T according to data by Coin...

Despite digital assets' novel nature and its underlying technology, blockchain, a significant turn off for most investors, is the leading risk involved with this asset class. The cryptocurrency industry has man...

Man Sentenced To 6 Years For His Role In $25 Million Diamond And Crypto Ponzi Scheme A South Florida federal district judge recently sentenced a man and his partners to six years in federal prison for operatin...

Visa Partners With Circle To Enable USDC Payments   Visa, a credit card giant, just announced it would be linking its network to the US Dollar Coin (USDC) by Circle Internet Financial. Through this par...

The Chinese authorities have confiscated a total amount of $4.2B which includes $3.3B worth of Bitcoin. The seizure was a result of a massive crackdown against PlusToken Ponzi scheme. Aside from BTC, 833,083 ET...

Crypto has come a long way from its first days. Today, Bitcoin, the most valuable of all cryptocurrencies, is a powerhouse asset with about $200 billion in valuation. Trading at more than $17,000 per Bitcoin, t...

A fake Uniswap account with 100 downloads that comes with reviews has recently victimized an investor. The user downloaded the fraudulent app resulting in a loss of $20,000 on the investor’s end. This was rev...

Binance rewarded the investigators who aided in the identification of the phishing scam launched in the platform in 2018. Binance offered a $200K bounty reward after the incident. As stated in a blog post on th...