Thursday, February 21, 2019
Home > Warns

FBI Outline Key Features of Scam ICOs, Warns Investors to Be Vigilant

The United States Federal Bureau of Investigation (FBI) has outlined what it believes to be the consistent threads running through fraudulent initial coin offering (ICO) schemes. The Bureau’s perspective was shared in an interview with Netherlands-based financial news site the Paypers on Feb. 19.According to the FBI, the key strategies

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Bank of Spain Warns Citizens Against Crypto Given Lack of Local Regulations

Spain’s central bank has issued a reminder to citizens warning of the risks involved in transacting unregulated cryptocurrencies. The Bank of Spain’s notice, issued Feb. 10, followed an official blog post published two days earlier, which had outlined the institution’s stance on cryptocurrencies, their characteristics, and their legal status in

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Regulator Warns of Online Scam Claiming Gov’t Adoption of Crypto

The Monetary Authority of Singapore (MAS) has warned the public against an alleged scam claiming that a cryptocurrency is officially adopted by the government, according to an official statement on Jan. 29.MAS, which is both Singapore's central bank and the country’s financial regulator, writes that the fraudulent scheme is being

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Bitcoin Revolution Scam | Malta Warns of “Get-Rich-Quick” Scam

An alleged global scamming scheme called ‘Bitcoin Revolution’ is doing the rounds and traders are being warned not to fall for it. The Malta Financial Services Authority (MFSA) issued a warning against it today via an official document. Bitcoin Revolution The alleged crypto scam likens to a typical get-rich-quick scheme and operates through several

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Malta’s Financial Watchdog Warns Global Investors Against ‘Bitcoin Revolution’ Scam

The Malta Financial Services Authority (MFSA) has issued a warning against an alleged global scam scheme known as “Bitcoin Revolution,” according to an official document published today, Jan. 25.According to the Maltese regulator, the alleged crypto scam represents a typical get-rich-quick scheme, and operates through the website the-bitcoinrevolution.org and several

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Windows Torrent File Malware Can Swap Out Crypto Addresses, Researcher Warns

New malware posing as a movie file from torrent website The Pirate Bay (TPB) can manipulate web pages and replace Bitcoin (BTC) and Ether (ETH) addresses, computing magazine Bleeping Computer reported Jan. 12.The malware — originally thought to inject advertising on Google and in search results — in fact performs

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Iran Warns Citizens Against Using Telegram’s Cryptocurrency, Gram

The Iranian government has continued its adversarial actions against Telegram by criminalizing the use of Gram, the native token of the encrypted messaging app’s new blockchain. According to the Tehran Times, Iran’s Secretary of Criminal Content Definition Task Force, Javad Javidnia, has issued a warning saying that any support offered to

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PwC Warns Lack of Insurance Access Is Hindering Crypto Businesses

Cryptocurrency businesses find it “almost impossible” to get insurance and this is deterring investors, Big Four auditor PricewaterhouseCoopers (PwC) told Reuters Dec. 20.In comments focusing on the global fintech market, Henri Arslanian — the firm’s fintech and crypto leader for Asia — highlighted the contradictory status quo industry businesses face

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