Bitcoin Scams

Ugandan Police Hold Director of Alleged $2.7M Crypto Ponzi Scheme

Ugandan police have seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resour...

Crypto Pyramid Scheme in Uganda Steals Employees’ Money and Closes

An alleged cryptocurrency pyramid scheme in Uganda has fled after defrauding dozens of victims that invested in and worked for ...

Thai Police Arrest 24 Chinese Nationals for Alleged Bitcoin Scam

Thai immigration officials have arrested 24 Chinese nationals who were running an alleged cryptocurrency scam call center in th...

Researchers Detect New North Korea-Linked MacOS Malware on Crypto Trading Site

Security researchers have discovered a new cryptocurrency-related macOS malware believed to be the product of North Korean hack...

Alleged Asian Exit Scam to Blame for Market Decline?

In the last week of November, the saga of an alleged crypto Ponzi scheme that has been lingering for more than half a year took...

Disgruntled Investor Sues Stox Prediction Market and Founder

Israeli crypto entrepreneur Moshe Hogeg and his blockchain firm Stox (STX) are facing a lawsuit from a disgruntled investor in ...

New Zealand Police Seize $4.2 M in Crypto in Movie Piracy Investigation

The national police force of New Zealand have seized between NZ$6.2 and NZ$6.7 million in cryptocurrency from a man who alleged...

OneCoin Co-Founder Pleads Guilty, Faces up to 90 Years in Jail

Konstantin Ignatov, co-founder of alleged crypto scam OneCoin, has pleaded guilty to participation in the multi-billion dollar ...

Dutch Court Orders Facebook to Remove Fake Bitcoin Ads

A Dutch court has ruled that Facebook must remove Bitcoin (BTC)-related fraudulent investment ads following local billionaire a...

Oct. 28-Nov. 3 in Review

Brazil has seen another tumultuous week in the cryptocurrency industry, as the alleged pyramid scheme Atlas Quantum upsets it c...