You Searched For "biggest cryptocurrency scams 2019" and got 20 results
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1 min read
Top cryptocurrency scams of 2019 — and how most hackers got away with it
Like any heist, pulling off a successful scam in only part of the story. A truly successful cr…
2 mins read
Chinese crypto addresses have sent over $2 billion to scammers in the last 2 years, report says
Transactions, however, have since fallen due to the absence of large-scale Ponzi schemes like the P…
Isabelle Lee
2 mins read
US investors reported over $50 million in losses from crypto scams to the Federal Trade Commission in the first quarter
US investors reported a roughly 80% increase in crypto scam losses since the fourth quarter of 2020…
Will Daniel
1 min read
Revenue from crypto scams spike 81% to a near-record $7.7 billion in 2021, says Chainalysis
The surge was paced by a type of scam called "rug pulls," which is when developers unexpectedly aba…
Carla Mozée
1 min read
The US Justice Department is selling $56 million worth of crypto seized in massive bitcoin investment fraud case
The $2 billion BitConnect scheme is the largest cryptocurrency fraud ever criminally charged, the J…
Natasha Dailey
2 mins read
Cryptocurrency exchange Bitfinex is going to use special tools to crack down on market manipulation
Irisium CEO Alastair Goodwin said: "We are at a tipping point in the development of the digital cur…
Oscar Williams-Grut
3 mins read
An official Google account on Twitter was hacked by cryptocurrency scammers trying to convince people to send them bitcoin
Twitter is well aware of the cryptocurrency scam since reports first surfaced back in July, wh…
Paige Leskin
2 mins read
A man in Germany said he fell for a fake Elon Musk crypto scam that cost him $560,000
A man in Germany was tricked into sending 10 bitcoins - worth more than $500,000 - believing that E…
Mia Jankowicz
1 min read
Donald Trump says bitcoin 'seems like a scam' - and laments that it's competing with the US dollar
"Bitcoin, it just seems like a scam. I don't like it because it's another currency competing agains…
Emily Graffeo
2 mins read
Americans were catfished out of $547 million in 2021
Cryptocurrencies were increasingly used in romance scams, the Federal Trade Commission said. The me…
Ben Winck
2 mins read
FTX boss Sam Bankman-Fried says the crypto world must act more responsibly to show it doesn't need strict regulation, as he hits out at scammers
The 29-year-old crypto billionaire Sam Bankman-Fried said he's taking regulation "extremely serious…
Harry Robertson
1 min read
A teen accused of a $36.5 million crypto theft used some of it to buy a rare gaming username — which the police used to track him down
The victim, who lives in the US, was the target of a cell phone scam known as SIM swapping.
Carla Mozée
2 mins read
Explained: What is Cryptocurrency in India
Way back when Bitcoin was invented, India was the first country to acknowledge it as an alternativ…
1 min read
Two men arrested in Estonia for $575 million cryptocurrency laundering scheme
The indictment comes at a volatile moment for the crypto industry, as the market has plummeted and …
Kieran Press-Reynolds
2 mins read
The most successful blockchain scams have ripped off nearly $14 million from victims to date, VPN company says
"Due to their nature, blockchain projects remain profitable targets to cybercriminals," says Atlas …
Carla Mozée
2 mins read
Here's why Gen Z loses more money to online scams than boomers
Gen Z reported losing the most money over average to online scams last year. Boomers lost less on a…
Kenneth Niemeyer
2 mins read
Cryptocurrency fraud is rampant. Here’s how to protect yourself as a crypto investor.
The Federal Trade Commission released a new report Monday on cryptocurrency fraud and tips to prote…
Annabelle Williams
2 mins read
Trump once said crypto was a scam. Disclosures show he now owns more than $1M of it.
Trump's financial disclosure reveals over $1 million in Ethereum, marking a shift from his previous…
Joshua Nelken-Zitser
2 mins read
Pro-Trump cryptocurrency magacoin has racked up over 1,000 sign ups since launching, report says
Most holders of magacoin have only been allocated the 100 free tokens users receive after registeri…