Fraud

Fraud, Bankruptcies, And Collapses: How 2022 Became A Terrible Year For Cryptocurrencies
Dec 30, 2022 at 09:30
News
Fraud, Bankruptcies, And Collapses: How 2022 Became A Terrible Year For Cryptocurrencies
2022 was a year that saw the massive collapse of high-profile companies and the crash of crypto prices. The year's events left many investors with fears and made it difficult for cryptocurrency market analysts to predict prices.
Cryptocurrency Project Losses from Black Hat Hackers Increased 1.5 Times in Second Quarter of 2022
Jul 12, 2022 at 12:02
News
Cryptocurrency Project Losses from Black Hat Hackers Increased 1.5 Times in Second Quarter of 2022
Black Hat hackers are actively exploiting the cryptocurrency industry and its vulnerabilities. In the second quarter of 2022, the total loss of crypto projects due to hacks and fraud amounted to $670,698,280.
The Community Supports Shiba Inu in the Conflict with Canadian Doctors
Dec 22, 2021 at 14:18
News
The Community Supports Shiba Inu in the Conflict with Canadian Doctors
A popular meme token Shiba Inu is facing a legal battle with a Canadian medical information source that claims the developers are scammers. The community supports the coin.
Shiba Inu Creator Protects His Coin Against the Wolf of Wall Street
Dec 04, 2021 at 12:03
News
Shiba Inu Creator Protects His Coin Against the Wolf of Wall Street
Shiba Inu creator Shytoshi Kusama is trying to protect his coin against fierce criticism from the famous Wolf of Wall Street. To prove him wrong, Kusama invites Mr. Jordan Belfort to discuss the issue.
Online Payment Fraud is Flourishing: Users Might Lose Over $206B by 2025
Jul 15, 2021 at 11:00
News
Online Payment Fraud is Flourishing: Users Might Lose Over $206B by 2025
According to the new study by Juniper Research, online businesses globally will lose more than $206 bln from online payment fraud by 2025. The figure is almost 10x equal to Amazon's net income recorded in the last year (2020).
Cryptocurrency Money Laundering Thrives in the UK; $408 Million Already Laundered
Jul 15, 2021 at 09:15
News
Cryptocurrency Money Laundering Thrives in the UK; $408 Million Already Laundered
Since the UK began hunting money launderers, British police have managed to seize over $408 million (£294 million) worth of illegal cryptocurrencies. This shows that the general situation with money laundering using cryptocurrencies in the United Kingdom is alarming.
Prevention Is Better Than Cure: 5 Tips to Avoid Crypto Fraud When Trading in 2021
Jul 08, 2021 at 12:32
News
Prevention Is Better Than Cure: 5 Tips to Avoid Crypto Fraud When Trading in 2021
There isn't a single lucrative business in this world that doesn't attract the attention of scammers. Almost every cryptocurrency exchange has its "full-time" experienced scammer. Below are useful tips on how to overcome scams in 2021.
The e-Commerce market is Vulnerable to Fraud and Merchants Are Unprepared to Prevent it
May 13, 2021 at 14:03
News
The e-Commerce market is Vulnerable to Fraud and Merchants Are Unprepared to Prevent it
As online shopping is one of the commonly used online activities internationally, the global retail e-Commerce sales globally are expected to increase to about $6.55 by 2022. However, the industry is still vulnerable to fraudsters, so a great share of profits is expected to be lost due to the vulnerability.
Turkish Government Doubles its Crime-Combating Efforts Following $2 Billion Cryptocurrency Fraud
Apr 28, 2021 at 14:12
News
Turkish Government Doubles its Crime-Combating Efforts Following $2 Billion Cryptocurrency Fraud
The cybercrime department of the Turkish police has arrested four people following the loss of $2 Billion from a cryptocurrency exchange. The arrested people included the head of Vebitcoin, one of the sites that became inaccessible leading to loss of funds. The culprits were rounded up in the province of Mugla southwestern Turkey.
1 2 ... 7