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FBI Warns of Fake Firms Promising to Recover Lost Cryptocurrencies

FBI Warns of Fake Firms Promising to Recover Lost CryptocurrenciesThe Federal Bureau of Investigation (FBI) has alerted the public to “an emerging criminal tactic” targeting investors who have already fallen victim to cryptocurrency scams and seek to recover their lost funds. These fraudsters often claim to be authorized by the FBI, Consumer Financial Protection Bureau (CFPB), or other government agencies to lend credibility to […]

Roaring Kitty hit with new lawsuit over alleged GameStop pump-and-dump scheme

FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials

FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement OfficialsThe Federal Bureau of Investigation (FBI) says it has seized bitcoin worth millions of dollars from overseas scammers targeting the elderly. The scammers posed as members of U.S. law enforcement agencies and tricked the victims into transferring money to them for “safekeeping.” FBI Says It Has Seized Bitcoin From Scammers Overseas The U.S. Attorney for […]

Roaring Kitty hit with new lawsuit over alleged GameStop pump-and-dump scheme

Cuban Central Bank Issues Warning on the Rising Number of Crypto-Related Ponzi Cases

Cuban Central Bank Issues Warning on the Rising Number of Crypto-Related Ponzi CasesCuba has witnessed some exciting times in the last few months as far as nationwide digital currency acceptance, but the road toward this goal is still under construction. The country’s central bank recently issued a warning about the rising number of cryptocurrency-related scam cases across the island. Alleged Crypto Scams Are Mentioned in the Alert […]

Roaring Kitty hit with new lawsuit over alleged GameStop pump-and-dump scheme

Study Finds Cryptocurrency Scams Surged 40% in 2020, Forecasts an Increase of 75% in 2021

Study Finds Cryptocurrency Scams Surged 40% in 2020, Forecasts an Increase of 75% in 2021A new study revealed that cryptocurrency-related scams almost doubled over the last year. However, forecasts are not optimistic going forward, as the report forecasts another significant increase in the number of cases in 2021. Research Scanned Over 300 Million Websites According to the “Cryptocurrency Scam Report” published by fraud prevention company Bolster and shared with […]

Roaring Kitty hit with new lawsuit over alleged GameStop pump-and-dump scheme