Tag Archives: Swindle

Steven Seagal’s Crypto Endorsement: Inside A Massive Cloud Mining Crypto Swindle

A multi-platform, multi-continent scam roped in hundreds of people for at least $1,000 each over the course of 2017 and 2018. The old Cloud Mining exit scam in the extreme. An altcoin called “Bitcoin 2nd Generation,” B2G or Bitcoiin2G came out of the charade with actor Steven Seagal reportedly endorsing the cryptocurrency. The B2G ICO (Initial Coin Offering) culminated in New Jersey, where The New Jersey Bureau of Securities cracked down on B2G advertisement in the state. A company called Dragon Mining is allegedly behind the whole scheme, possibly including B2G itself. Continue reading Steven Seagal’s Crypto Endorsement: Inside A Massive Cloud Mining Crypto Swindle

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