Fraud – Crypto Mining

cointelegraph / UK Financial Watchdog Blacklists Clones of Two Major Financial Firms

June 14, 2019 / miner

The British Financial Conduct Authority (FCA) has warned investors of a fraudulent company posing as the Swiss Investment Corporation, an FCA-authorized firm offering crypto investments, and another company that is…

cointelegraph / General Motors Leads $23M Funding Round for Spring Labs Blockchain Firm

June 12, 2019 / miner

United States-based blockchain startup Spring Labs has raised $23 million in a Seed A funding round, according to a press release on June 12. Spring Labs will purportedly use the…

cointelegraph / New Malware Campaign Spreads Trojans Through Clone Crypto Trading Website

June 5, 2019 / miner

Twitter user and malware researcher Fumik0_ has discovered a new website that spreads cryptocurrency malware, according to a report by Bleeping Computer on June 5. According to the report, the…

cointelegraph / US SEC Adds Fraud to List of Charges Against ‘Crypto’ Firm Longfin

June 5, 2019 / miner

The United States Securities and Exchange Commission (SEC) has filed fraud charges against supposed cryptocurrency firm Longfin Corp. and its CEO Venkata S. Meenavalli, according to a press release on…

CoinDesk / Firm That Saw Stock Boost After Crypto ‘Pivot’ Hit With New SEC Charges

June 5, 2019 / miner

The U.S. Securities and Exchange Commission (SEC) filed new charges against fintech company Longfin Corp. and its CEO, Venkata Meenavalli, alleging that the company committed fraud when it claimed to…

cointelegraph / Dutch Billionaire John De Mol Files Lawsuit Against Facebook Over Fraudulent Crypto Ads

June 5, 2019 / miner

John De Mol, a Dutch billionaire responsible for the local Big Brother and The Voice shows, filed a lawsuit against Facebook over crypto ads using his image without permission, Reuters…

cointelegraph / EU: Malta Needs to Improve Readiness to Respond to Cryptocurrency Crime

June 5, 2019 / miner

The European Union has told Malta it needs to improve the resources it has to fight potential financial crime as a result of cryptocurrency popularity, local daily news outlet Malta…

cointelegraph / Judge Freezes Funds in Accounts Belonging to Embattled Brazilian Crypto Firm

June 5, 2019 / miner

A Sao Paulo court has blocked funds in bank accounts linked to Grupo Bitcoin Banco — with 726,630 reals (about $188,000 at press time) frozen, Cointelegraph Brazil reported on June…

cointelegraph / Rwanda’s Central Bank Issues PSA on Alleged Cryptocurrency Get-Rich-Quick Scams

May 30, 2019 / miner

The National Bank of Rwanda, the country’s central bank, has issued a public service announcement on alleged cryptocurrency scams, according to an official Twitter post on May 30. The central…

cointelegraph / Hong Kong’s Securities Regulator Calls for Crypto Regulation to Confront Fraud

May 30, 2019 / miner

The Securities and Futures Commission (SFC) of Hong Kong has expressed concern over the lack of regulation for dealing with fraud in the crypto space, local news agency The Standard…