Category Archives: Scam

DJ KHALED AND MAYWEATHER INVOLVED IN CRYPTO SCAM

Floyd Mayweather and DJ Khaled were reportedly involved in a scandal concerning an illegal cryptocurrency scam. Both celebrities have been hit with a heap of class action lawsuits from investors who accused them of participating in this scam and conning them out of millions of dollars. Continue reading DJ KHALED AND MAYWEATHER INVOLVED IN CRYPTO SCAM

Indian Police Bust Bitcoin Ponzi Scheme that Defrauded 8,000 Crypto Investors

Police in India have cracked a crypto Ponzi scheme in the city of Pune that defrauded over 8,000 investors, seizing nearly $2 million worth of bitcoin in the process. Continue reading Indian Police Bust Bitcoin Ponzi Scheme that Defrauded 8,000 Crypto Investors

Bitcoin Scams Swindle Singapore Investors for $78,000 in 3 Months

Between September and November 2018, a total sum of $78,000 was lost to cryptocurrency scammers in Singapore after they used a series of strategies involving spreading false information about fake investments online to attract investors. Continue reading Bitcoin Scams Swindle Singapore Investors for $78,000 in 3 Months

Indian Police File Charges Against Masterminds of $60 Million Bitcoin Scam

Indian police in the city of Pune have charged Amit Bharadwaj along with three other individuals – Vivek Bharadwaj, Pankaj Adlakha and Hemant Bhope, involved in a multi-level marketing (MLM) crypto scam. It is alleged that Amit who is the central character of the trial collected about Rs 10 crore (about $1.42 million) from unsuspecting investors, under the guise of high-yield cryptocurrency investments. Continue reading Indian Police File Charges Against Masterminds of $60 Million Bitcoin Scam

Scammers Hijack Verified Twitter Account To Steal Crypto By Posing As Telegram CEO

The founder and CEO of Telegram and its TON Initial Coin Offering (ICO) Pavel Durov tweeted a warning on Saturday, Apr 28, telling his followers that the messaging app is experiencing downtime due to its server clusters overheating. Durov’s tweet drew the attention of fake crypto giveaway scammers who have claimed, posing as Telegram’s CEO, to offer crypto to users as a “thank you for [their] support.” Continue reading Scammers Hijack Verified Twitter Account To Steal Crypto By Posing As Telegram CEO