$130,000/Day Bitcoin Ponzi Collapses in South Africa, Then Reloads Online

Like all Ponzi schemes, South Africa’s cryptocurrency investment scheme Bitcoin Wallet is reportedly on the verge of collapse. The Bitcoin scam which was initially based in Kwa-Zulu Natal’s rural town of Ladysmith has allegedly run out of money to pay ...

$130,000/Day Bitcoin Ponzi Collapses in South Africa, Then Reloads Online

Like all Ponzi schemes, South Africa’s cryptocurrency investment scheme Bitcoin Wallet is reportedly on the verge of collapse. The Bitcoin scam which was initially based in Kwa-Zulu Natal’s rural town of Ladysmith has allegedly run out of money to pay ...

Bitcoin Fraudsters Dupe Thousands of UAE Citizens With Crown Prince Scam

Facebook has taken down a sponsored post scammers shared with hundreds of thousands of unsuspecting users. The fraudsters used the post to attract victims to a fake bitcoin trading platform they marketed with Sheikh Mohamed bin Zayed, the Crown Prince ...

OneCoin Crypto Scam Boss Faces Jail Trial after $20 Million Bail Fail

The CEO of the OneCoin cryptocurrency scam, Konstantin Ignatov, will have to undergo trial while still in custody. The New York Southern District Court’s Judge Edgardo Ramos denied a bond application filed by Ignatov despite the top leader of the crypt...

Irish Crypto Exchange Bitsane Vanishes While Exit Scamming 246,000 Users

Following Coinroom, Bitsane is the second crypto exchange that has pulled an exit scam in the past three months, leaving up to 246,000 users as victims of fraud. Image source: Facebook It Started With a 'Technical Issue' Bitsane victims reported to For...

Europol Nabs Crypto Thieves Behind International $27 Million Heist

The European Union Agency for Law Enforcement Cooperation (Europol) executed six arrests in connection with an investigation into an international $27 million heist that scammed victims into depositing funds at a fake crypto exchange. In a joint effort...

2019’s Bitcoin Price Boom is Reawakening Hellish Crypto Scammers

By CCN Markets: Cryptocurrency evangelist and educator Andreas Antonopoulos has warned that the bull run the bitcoin price has been enjoying has revived fraudulent activities in the crypto space. Bitcoin price has tripled and scammers want to ride the ...

British Bitcoin Scammer Pleads Guilty for Defrauding US Victims of $50 Million

By CCN Markets: Renwick Haddow, the operator of the fake crypto trading platform Bitcoin Store and the fraudulent shared office space Bar Works, admitted to the charges against him with one of his fellow collaborators found guilty by US court. Accordin...

This Bitcoin Scam in South Africa is Raking in Over $130,000 Every Day

  By CCN Markets: A cryptocurrency investment scheme in South Africa’s Kwa-Zulu Natal Province has proven that having an unoriginal name, Bitcoin Wallet, never stopped any scam from raking in tens of thousands of dollars daily from the masses. Acc...

Judgment Day: Crypto-Shilling Church Pays Price for OneCoin Scam Link

By CCN Markets: Judgment day has arrived for a Samoan church that New Zealand authorities say has damning links to the notorious OneCoin cryptocurrency scam. New Zealand, Samoa Target Church Over OneCoin Crypto Scam According to Radio New Zealand, New ...