Belgian Non-Profit's Twitter Hacked for Fake Crypto Promotions
Crypto Scam

Belgian Non-Profit’s Twitter Hacked for Fake Crypto Promotions

A Belgian non-profit’s twitter account was hacked and turned into a fake affiliate account of United States based crypto exchange, Coinbase. A false giveaway promotion was posted through the hacked account. The tweet from the account allegedly celebrated Coinbase’s user base growth. The tweet was posted on January 9, and …

Bitcoin Exchange HitBTC suspends Customers’ Accounts | Coindelite News
Crypto News

Bitcoin Exchange HitBTC suspends Customers’ Accounts

According to several sources, the cryptocurrency exchange HitBTC has frozen its customers’ accounts ahead of an annual proof of keys event. The firm replied to an open complaint on Reddit after the user accused them of suspending his withdrawal requests. Redditor PEDXS alleged that he had duly passed the Know-Your-Customer …

Hundreds Of Crypto Projects Exposed
Crypto Scam

Hundreds Of Crypto Projects Exposed

Recent research carried out by the Wall Street Journal published on Dec 27, revealed that hundreds of cryptocurrency offerings exhibited signs of plagiarism, fraudulent activity, and improbable returns. As a part of the research, the Wall Street Journal downloaded white papers of 3,291 crypto projects that announced an initial coin …

Malaysia Prosecutes Goldman Sachs in 1MDB Scandal
Crypto Scam

Malaysia Prosecutes Goldman Sachs in 1MDB Scandal

Malaysia’s attorney general Tommy Thomas has filed criminal charges against Goldman Sachs International following the months of investigation into the 1MDB scandal in the country. Two of the company’s Asian subsidiaries and former Goldman Partner Tim Leissner, alleged scam mastermind Jho Low and former 1MDB counsel Jasmine Loo are being …

CoinFlux's Operations come to a Halt after CEO's Arrest
Crypto Scam

CoinFlux’s Operations come to a Halt after CEO’s Arrest

After the arrest of the CEO Vlad Nistor, the Romanian Bitcoin Exchange CoinFlux’s operations have come to a stop. The Romanian Bitcoin exchange executive has been arrested for the suspicion of money laundering and other crimes. He is currently fighting extradition to the United States. In a recent post on …

Malta and Italy Issue Warning Against Unlicensed Crypto Exchanges
Crypto Scam

Malta and Italy Issue Warning Against Unlicensed Crypto Exchanges

Malta, the world’s most crypto-friendly country recently issued a warning to its citizens regarded an unlicensed cryptocurrency exchange. The regulatory authority in Malta issued an order to this platform to immediately cease operations through a notice on 5th December 2018. OriginalCrypto is the platform in question which first came to …

Scammers Steal $78,000 From Singapore Residents
Crypto Scam

Scammers Steal $78,000 From Singapore Residents

A cryptocurrency investment scam has resulted in a loss of $78,000 within 3 months. The authorities were able to trace this back to a series of fraudulent marketing campaigns. The scammers were able to convince victims into an investment with bogus articles based on famous Singaporean personalities in an attempt …

Crypto Trader Kidnapped and Tortured
Crypto Hack

Crypto Trader Kidnapped and Tortured

A cryptocurrency trader from Lanseria, South Africa named Andrew was lucky enough to escape death. He was kidnapped, tortured and drugged by a group of individuals who had originally invited him for a cryptocurrency presentation. According to the South African publication Soweto Urban, Andrew made a contact on Facebook who …

North Korean Hackers Target Individual Crypto Investors
Crypto Hack

North Korean Hackers Target Individual Crypto Investors

After enduring the sanctions aimed at its illegal nuclear weapons program and experiencing extreme exhaustion of financial reserves, North Korean hackers have come up with a new strategy to increase the country’s cash reserves; stealing crypto assets from individual investors. In a report from the South China Morning Post (SCMP), …

Crypto CEO Scams Investors Out of $4 Million
Crypto Scam

Crypto CEO Scams Investors Out of $4 Million

The CEO of AriseBank was taken into custody by the FBI for stealing over $4 million from hundreds of investors. The cryptocurrency scheme that was launched by AriseBank was a shady cryptocurrency scheme that faked the promise of brand name credit cards and federally insured accounts. Jared Rice Sr., the …