Bitcoin Scam vs. Ethereum Scam: Which Is Easier To Get Away With?
With a Court in Manhattan sentencing a Bitcoin scammer to one and half years in prison, experts say it is a move in the right direction and would instill a higher level of sanity within the digital currency ecosystem. Several schemes surrounding the crypto world has taken advantage of the growth in awareness of digital currency to defraud unsuspecting individuals. With many self-acclaimed investment opportunities littering the internet, cases of scam and Ponzi schemes have become a common occurrence in recent times. OneFxZone and HashOcean are two of such schemes that have been uncovered....
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A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors. The scam, promoted in three Indian languages, lures investors by promising up to 900% return on investments. The Delhi court has directed a notice to be placed in major newspapers, seeking victims of this scam to come forward. Class-Action Lawsuit to Stop a Crypto Scam in India A representative lawsuit has reportedly been filed in order to stop a cryptocurrency scam from continuing to dupe Indian investors. The Delhi court last week directed a notice to be published in....
A senior student at Shanghai’s Tongji University fell victim to an NFT scam, losing around $548,000 after his non-fungible token was stolen through a phishing scam. The NFT artwork which Niq Chen bought from the well-known Doodles Collectible NFT project entitled “LuckyCot 3D,” made up roughly half the value of his entire NFT assets, he […]
CEO of Binance, Changpeng Zao has alerted users about a massive SMS phishing scam that is targeted towards Binance users. The scam of the world’s largest cryptocurrency exchange platform is redirecting users to a malicious website to harvest credentials. Changpeng Zhao tweeted on Friday There is a massive Phishing scam via SMS with a link […]
Crypto scam victims can now heave a sigh of relief. Popular crypto wallet MetaMask has recently partnered with Asset Reality, a London-based specialist in digital asset scam investigations and recovery, to facilitate helping scam victims with getting back their stolen crypto assets. According to MetaMask, the collaboration with Asset Reality is “an industry-first approach in improving […]
This is quite an interesting statement, as BTC-E claims their users have transferred their own ETC funds to the Poloniex exchange. The world of cryptocurrency seems very divided when it comes to Ethereum and Ethereum Classic right now. Cryptocurrency exchange BTC-e went as far as calling Ethereum Classic a”scam,” as they have no plans to support it. However, various of their ETH users are eligible to receive ETH tokens for funds stored before the hard fork took place. Will the company pay that funds to the rightful owners, or will they keep the ETC to sell it and reap the profits? BTC-E....