Tag Archives: scam

Crypto Queen’s Brother Admits $4 Billion Onecoin Scam

The arrest of OneCoin leader Konstantin Ignatov earlier this year has proved to be a goldmine for prosecutors in the Southern District of New York. Ignatov has offered intricate details on the $4 billion cryptocurrency scam that was started by his sister Ruja Ignatova, infamously known as the ‘Crypto Queen’. Continue reading Crypto Queen’s Brother Admits $4 Billion Onecoin Scam

Feds Nab Two Suspects in Alleged $550K Crypto-Fueled Scam

Two Massachusetts men were arrested on Thursday and charged with carrying out a nationwide scheme to steal people’s social media accounts and their cryptocurrency. According to the U.S. Department of Justice (DOJ), Eric Meiggs, 21, and Declan Harrington, 20, targeted at least 10 victims in the country. Continue reading Feds Nab Two Suspects in Alleged $550K Crypto-Fueled Scam

This Bitcoin Scam in South Africa is Raking in Over $130,000 Every Day

A cryptocurrency investment scheme in South Africa’s Kwa-Zulu Natal Province has proven that having an unoriginal name, Bitcoin Wallet, never stopped any scam from raking in tens of thousands of dollars daily from the masses. Continue reading This Bitcoin Scam in South Africa is Raking in Over $130,000 Every Day

Disgusting Bitcoin Scam Swipes $1.6 Million from Jersey Victim’s Life Savings

A man from the English channel island of Jersey just wanted to buy bitcoin. In actuality, the unfortunate victim gave away an eye-popping $1.6 million in life savings to crypto scammers. The Jersey Evening Post reports the thieves promised the victim 1,500% returns on his investments. Continue reading Disgusting Bitcoin Scam Swipes $1.6 Million from Jersey Victim’s Life Savings

Singapore Police Rescue Victim from Elaborate Bitcoin Machine Scam

A police investigation involving bitcoin machines at Tampines One Mall in Singapore saved a 32-year-old man from scammers impersonating officials. They also helped a 49-year-old man not to transfer any more of his bitcoin to the alleged lying thieves. Continue reading Singapore Police Rescue Victim from Elaborate Bitcoin Machine Scam