Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,393,113,562,158.15
  • 24h Vol: $53,365,551,873.29
  • BTC Dominance: 56.55%

cryptocurrency fraud

cftc-warns-of-follow-on-frauds-targeting-victims-multiple-times

CFTC Warns of Follow-on Frauds Targeting Victims Multiple Times

Leave a Comment / Bitcoin, CFTC, Crypto, Crypto Hacked, Crypto Scams, Cryptocurrency, cryptocurrency fraud, Ethereum, News Bytes, News Bytes - 2, Pig butchering / / / , , , , , , ,

The Commodity Futures Trading Commission (CFTC) warns about repeated fraud targeting victims multiple times, often by the same criminals. Common fraud types include relationship crypto frauds, also known as “pig butchering,” where scammers form online relationships, encourage investments in bogus crypto trading schemes, and then steal funds. Victims often face additional scams, such as fraud-recovery […]

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unlicensed-crypto-business-leads-to-indictments-in-utah

Unlicensed Crypto Business Leads to Indictments in Utah

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Two Utah residents have been indicted for operating an unlicensed money-transmitting business, converting over $2.5 million into cryptocurrency, according to the U.S. Department of Justice (DOJ). The two were arrested over the weekend in Washington County. Utah Men Arrested for Illegal Cryptocurrency Transactions The U.S. Department of Justice and the U.S. Attorney’s Office for the

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ftc-warns-of-crypto-scams-from-online-love-interests

FTC Warns of Crypto Scams From Online Love Interests

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The U.S. Federal Trade Commission (FTC) has issued a warning about cryptocurrency romance scammers who offer investment advice. The FTC emphasizes the risks involved and urges immediate reporting and caution to protect others. “They establish an emotional connection with you so you’re more likely to believe that they’re an expert in cryptocurrency investing, for example,”

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south-african-police-nab-alleged-mastermind-of-metaverse-ponzi-scheme

South African Police Nab Alleged Mastermind of Metaverse Ponzi Scheme

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Neil Leon De Waal, a key figure in the GS Partners metaverse fraud case, was reportedly arrested by South African law enforcement in late May. He was subsequently released on bail on June 3. Authorities began investigating De Waal following a complaint from one of his victims. The complainant, who lives in Benoni, had to

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fbi-warns-of-crypto-scams-in-fake-work-from-home-jobs

FBI Warns of Crypto Scams in Fake Work-From-Home Jobs

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, crypto payments, Crypto Scams, Cryptocurrency, cryptocurrency fraud, employment scams, Ethereum, FBI alert, IC3 reporting, job fraud, News Bytes, News Bytes - 2, online jobs, scam prevention, work-from-home / / / , , , , , , , , , , , , , ,

The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals with seemingly simple tasks like clicking buttons or rating services, promising payment through complex and deceptive crypto-based compensation structures. Victims are often tricked into making

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