Friday, September 25, 2020
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Indian police begin probe into alleged $270K cryptocurrency exchange scam

The operator of Delhi-based cryptocurrency platform Pluto Exchange is accused of duping 43 investors of more than $272,000.A local news outlet Millennium Post reported that the Economic Offence Wing of the Delhi Police has launched a probe against the operators of the Pluto Exchange after 43 investors filed a complaint

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Blockchain Bites: Bitmain Denied, Coinbase Blocked and a Potential EOS Exit Scam

Bitmain’s appeal to recoup $30 million in alleged lost revenues from Poolin has been denied, Digital Currency Group has acquired a retail-focused exchange and Venezuelan officials appear to have blocked access to Coinbase.  Top shelfBitmain bustA court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages

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Scam warning as Columbia’s President ‘endorses’ Bitcoin Era

The Colombian police have issued a warning about fraudsters promoting a Bitcoin scam website to social media users.The “announcement” about the launch of a fake Bitcoin-related investment system was purportedly “approved” by Ivan Duque, President of Colombia.According to Colombia Check, quoting a statement by the Cybernetic Police Center, the site

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YouTube’s Whac-a-Mole Approach to Crypto Scam Ads Remains a Problem

YouTube has long struggled with disinformation, misleading content and outright scams on its site. Despite lawsuits and Google’s own ad policies, cryptocurrency scam ads are still making it through the gates and circulating for days.  In April the CEO of Ripple, Brad Garlinghouse, filed a lawsuit against YouTube, alleging the company’s

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Three Individuals Behind Alleged PlexCoin ICO Scam Charged with Fraud

Three Canadian citizens involved with an alleged initial coin offering scam from crypto project PlexCorps have been charged with fraud over conning investors out of $8 million.According to a July 24 statement from the U.S. Attorney’s Office in the Northern District of Ohio, PlexCorps owners Dominic Lacroix and Sabrina Paradis-Royer

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