Scam - Tag Archives - Cryptonews (Page 25)

Savedroid Seems to Be the Next Exit Scam

Original story:Another day, another exit scam, and this time around investors in Savedroid appear to be scammed for their money. This Wednesday, Savedroid's website was replaced with a meme stillshot of South Park, with the words “Aannnd It’s Gone.”"I have invested in the ICO ......

, by Sead Fadilpašić

Vietnam to Investigate USD 658m Crypto Fraud Allegations

Allegations of a cryptocurrency scam involving USD 658 million spurred the Vietnamese deputy prime minister into action, who promptly ordered an investigation.Source: iStock/GA161076Vuong Dinh Hue, Deputy Prime Minister, told six ministries to “quickly consider and tackle” the scam,...

, by Sead Fadilpašić

Petro Deemed a Scam by Rating Sites

Although the president of Venezuela, Nicolas Maduro, remains bullish on petro as a way to stabilize the country’s economy, the crypto industry is far from thrilled. Since many aspects of the national, oil-backed cryptocurrency remain mysterious, Initial Coin Offering (ICO) rating sites are...

, by Sead Fadilpašić

Morning News: US ICOs Fall into Line, USD 18m Scam and 5,704 Victims

Catch up on the most essential cryptocurrency and blockchain news stories breaking in Asia and the Americas while the rest of the world was asleep.S Korean Police Bust USD 18m Fake ICO that Ensnared 5,704 Victims South Korean news outlet Kukmin Ilbo reports that police have busted a fake ICO scam...

, by Tim Alper

Another ICO Makes Off With More Than USD 2 Million

Another Initial Coin Offering (ICO) project, called Giza, was revealed to be a scam after the ICO raised more than USD 2 million, used a fake LinkedIn profile and copied pictures from another user's Instagram to create a false persona and went on their merry way with the money, CNBC reported.An...

, by Sead Fadilpašić

ICO Scam Flees After Naming Ryan Gosling Part of the Team

Another initial coin offering (ICO) pulls an exit scam after putting the picture of a Canadian actor Ryan Gosling to the name of “their” graphic designer, Kevin Belanger.The ICO, called Miroskii, claims to have raised more than USD 833,000 from 389 contributors. It was discovered by...

, by Sead Fadilpašić

Twitter Crypto Scammers Now With Verified Accounts

Crypto scammers on Twitter are nothing new. Many are imitating public accounts of crypto-related personas, going as far as making their usernames look almost exactly the same, and asking for money. While some of the people imitated this way warned that only they have had their accounts verified by...

, by Sead Fadilpašić

Elon Musk Says He Owns “Zero Cryptocurrency” Following Spam For ETH

Elon Musk, SpaceX and Tesla superstar and tech hero, has finally revealed his personal cryptocurrency holdings.To the disappointment of many people who are both fans of him and of crypto, in a response to spam Twitter accounts claiming to be Mr. Musk and requesting Ethereum, he disclosed that he...

, by Sead Fadilpašić

5 Crypto Scams To Be Aware Of

Ponzi Schemes Phishing Emails Fake Exchanges and Wallets Websites Fake Apps ICO ScamsSince the introduction of bitcoin in 2009, there have been a number of scams in existence. Initially, the criminals behind these operations sought to capitalize on a lack of understanding of the underlying...

, by Alex Lielacher

Morning News: Coincheck to Be Sued, Farmers Found Mining Crypto

Coincheck to Be Sued, Submits Improvement Report to Regulator Energy Provider Discovers 38 Illegal Crypto Mines Online Gift Certificate Crypto Fraudster Caught Japan’s FSA Tells Macau-based Exchange to Back OffCatch up on the most essential cryptocurrency and blockchain news stories...

, by Tim Alper

Another Day, Another Exit Scam: The LoopX Story

Unfortunately, the cryptocurrency is space is plagued with illegal activities ranging from Ponzi schemes disguised as cloud mining sites to fake initial coin offerings (ICO) that were only created to steal investors money. The “ICO”, of blockchain project LoopX, falls under the latter...

, by Alex Lielacher

Morning News: Coincheck Fund Hunt, Fraudulent Crypto Girls

Police Questioning Man over Coincheck Theft Fraudulent ‘Cryptocurrency Girls’ BitGrail Founder Firefighting High-profile South Korean Crypto-fraud Trial BeginsCatch up on the most essential cryptocurrency and blockchain news stories breaking in Asia and the Americas while the rest...

, by Tim Alper

Prodeum Scam Investigation: More Schemes Up & Running?

Last week, the Prodeum ICO pulled an exit scam, disappearing into thin air and implying well-known and respected Lithuanian blockchain community members. Now, they claim that three more scams, operating on the same scheme, are public and running.The blockchain community members, notably Business...

, by Sead Fadilpašić

Seele ICO: Hack Or Inside Job?

More Initial coin offering (ICO) investors fell victim to either a hack or a scam: Seele, calling itself Blockchain 4.0, lost their investors around USD 2 million in Ethereum coins, either through a scam or through negligence.The two attackers posed as verified admins on the company’s...

, by Sead Fadilpašić

Prodeum ICO Pulls an Exit Scam

The website for the Prodeum ICO project has gone offline unannounced on Sunday, leaving only a nasty message to investors behind.Prodeum, with reportedly stolen identities of its “team” was supposedly a startup from Lithuania “about to revolutionize the fruit and vegetable...

, by Sead Fadilpašić

Experty ICO Hacked, Data Leaked, USD 150,000 Stolen

On January 26 and 27, Experty, a developer of blockchain based project, users who signed up for notifications for the Experty ICO started receiving emails with a pre-ICO sale announcement of Experty (EXY) tokens.Users were asked to send money to a Ethereum wallet if they wanted to buy EXY tokens...

, by Sead Fadilpašić

# Scam (Page 25)

Cryptonews in numbers