Catch a Scammer or Thief and Earn Bitcoins in the Process
As you may remember, Roger Ver and other large Bitcoin holders were targeted last year by attackers and extortionists. Rather than capitulate and pay the ransom for the return of his hacked e-mail account, Ver created a website, BitcoinBountyHunter.com, to issue a bounty on his attacker as well as allow others to create bounties. Also read: Johoe Speaks on Air About Blockchain.info Breach. Fraud has been a long-standing problem for the Bitcoin community and the effort to combat it has been lackluster at best. Many believe that the reason for this is simple: those who are best suited to....
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A man allegedly behind a cryptocurrency investment scam has been arrested in Bangkok, Thailand. He lured people into investing in his fraudulent crypto scheme by promising high returns, telling investors they could earn a 400% return by investing in just 200 days.
Alleged Crypto Scammer Arrested in Bangkok
A 50-year-old man who allegedly scammed Thai and foreign cryptocurrency investors was arrested on Saturday in Bangkok, Thailand. He tried to flee with over 500 million baht ($15 million), the Bangkok Post reported.
Major General Montri Thetkhan, commander of the....
This article was originally written on March 28, 2012. Following the recent Linode theft, in which over 43000 total bitcoins were stolen from Bitcoinica, MtGox enacted a new policy in an attempt to help stop the thief get away with his illicit gains: they began freezing accounts with bitcoins that could be traced back to the theft and demanding that they submit identification to regain access to their accounts. MtGox has admitted that they are cooperating with the Japanese CyberPolice in an attempt to determine the identity of the thief, and it is possible that their strategy will help....
Ontario-based bitcoin buying and selling service Canadian Bitcoins has revealed that it was the victim of an unusual attack last October that resulted in the loss of 149.94 BTC ($100,000). The Ottawa Citizen reports that an unidentified scammer contacted a technical support agent at its now former web hosting service, Granite Networks, claiming to be owner James Grant. Using only the owner's name, the thief was allegedly able to have the site reboot into recovery mode, allowing him to bypass all protections on the server. The media outlet indicates that it has obtained a text copy of the....
Yacko, LLC that brought BitcoinGet where users could earn Bitcoins for completing tasks, watching videos, and more, has again brought in attractive service in the form of CoinRebates. The company says that the new service allows online shopper to earn “cash back” in Bitcoins. The hard work of a couple of years by Yacko, LLC where it strived to make earning Bitcoins easy and enjoyable for everyone, delivered BitcoinGet. However, the company did not stop there; rather, it put efforts to bring several other value-added services that include CoinRebates. Through its affiliation with over 300....
A Bitcoiner called Felix Crisan outfoxed a crypto scammer, getting them to set up a Bitcoin Lightning Wallet before putting them in their place. There’s poetic justice to scammers getting beat at their own game. A cryptocurrency scammer met their match when trying to trick Bitcoiner Felix Crisan into sending them Tether (USDT). The scammer tried to impersonate John Carvalho, the CEO of Synonym, a Bitcoiner Cointelegraph regularly cites. The scammer, who we will call “Fake John” from now on, wanted Crisan to send USDT, but Crisan, who’s been learning and getting involved with Bitcoin (BTC)....