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Bitcoin Scams

US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors

US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect InvestorsU.S. Senator Rick Scott has urged Treasury Secretary Janet Yellen to take action on cryptocurrency scams, which he said have risen 1,000% in the past year and cost consumers at least $80 million. “This is an unregulated industry, and the alarming amount of criminal activity surrounding cryptocurrency demands action,” he told Yellen. Senator Scott Alerts […]

Bitcoin’s $66.9K price holds strong, casts doubts on a ‘deep correction’

Fraudsters Impersonate a US Federal Agency by Sending Emails Asking for Bitcoin Wallet Keys

Fraudsters Impersonate a US Federal Agency by Sending Emails Asking for Bitcoin Wallet KeysU.S. consumers have been receiving fake emails that attempt to impersonate a federal regulatory agency which has raised alarms among crypto community members. The U.S. Office of the Comptroller of the Currency (OCC) warned that such bogus messages ask people for their bitcoin wallet keys. Fictitious Message Contains Several Grammar Mistakes and Typos According to […]

Bitcoin’s $66.9K price holds strong, casts doubts on a ‘deep correction’

Elon Musk Impersonators Rake in $2 Million: Regulator Warns of Fake Giveaway Cryptocurrency Scams

Elon Musk Impersonators Rake in  Million: Regulator Warns of Fake Giveaway Cryptocurrency ScamsThe U.S. Federal Trade Commission (FTC) says reports of cryptocurrency scams have skyrocketed. In particular, people have reported sending more than $2 million in cryptocurrency to Elon Musk impersonators within the past six months. Elon Musk Impersonators and Other Cryptocurrency Scams The FTC published “Consumer Protection Data Spotlight” Monday. FTC analyst Emma Fletcher wrote, “Reports […]

Bitcoin’s $66.9K price holds strong, casts doubts on a ‘deep correction’