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Bitcoin QR Code Scams Found Flooding Google Search Pages

The crypto industry has not been without its fair share of scams and cons. Bitcoin has battled this reputation since its inception and FUD-fueled mainstream media outlets do not help matters. Social media and search giants are equally to blame…
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Belgium Watchdog Extends List of Scam Crypto Companies

Belgium’s Financial Services Authority (FSMA) has added new warnings to its list of firms thought to be involved with crypto-related fraud. The financial watchdog has now alerted the nation’s investing public to a total of 121 different…
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Panera Bread, Porn, & Bitcoin At Center of Alleged Scandal Involving 86-Year-Old Woman

Let’s face it, there aren’t many instances where you can imagine a story entailing Bitcoin, porn, and Panera Bread, but that’s exactly the case with an 86-year-old Chicago woman. The tech-savvy elderly woman was able to connect the dots…
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Scammers Net Over $300,000 in Bitcoin “Sextortion” Attack

According to research conducted by UK cyber crime investigation firm Digital Shadows and reported in The Next Web, cyber criminals have managed to generate around $332,000 in Bitcoin from an email-based blackmail scam. These funds were sent…
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LocalBitcoins Users Scammed of Bitcoin in Phishing Attack, Forum Suspended

Users of the peer-to-peer OTC Bitcoin trading service LocalBitcoins have been targeted by cyber criminals as part of a phishing scam, resulting in the user’s Bitcoin being stolen. Forum users were being redirected to a phishing site, which…
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Bitcoin Revolution Scam | Malta Warns of “Get-Rich-Quick” Scam

An alleged global scamming scheme called ‘Bitcoin Revolution’ is doing the rounds and traders are being warned not to fall for it. The Malta Financial Services Authority (MFSA) issued a warning against it today via an official document. Bitcoin…
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Ethereum-Based Scam Revenue More Than Doubled in 2018: Report

The value of Ethereum (ETH) stolen via scams reached $36 million 2018, according to a report released by crypto analytics company Chainalysis on Jan. 23. According to the Chainalysis report, scams that occurred last year were reportedly more…
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Cricket South Africa Briefly Falls Victim to $70,000 Bitcoin Twitter Scam

South Africa’s national cricket organization briefly fell victim to scammers on Twitter and began offering a fake Bitcoin (BTC) lottery, Indian daily news outlet Indian Express reported on Jan. 14. Cricket South Africa (CSA), which has over…
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$24 Million Thai Bitcoin Scam Involves Renowned Investor and TV Actor

Renowned stock exchange investor Prasit Srisuwan claimed to be a damaged party in the case of a $24 million bitcoin scam that victimized Finnish national Aarni Otava Saarimaa. Srisuwan recommended Saarimaa to invest in DNA 2002 Plc shares, a…
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Researchers Identify 15,000-Strong Botnet Scamming Crypto Twitter

Cybersecurity firm Duo Security has released an analysis of the botnets of Twitter. During a lengthy paper on the topic, the team behind the research identified over 15,000 bots devoted to scamming users out of cryptocurrency. Duo Security Provide…