crypto ATM

FTC issued a public alert regarding a new crypto ATM scam

The Federal Trade Commission of the United States has issued an alert about a new variant of cryptocurrency fraud. An impostor, a QR code, and a crypto ATM where victims will be directed to send money are the three main components of the hoax. Fraudsters pose as governmental authorities, law enforcement agents, or employees of […]


Three people behind the alleged scam of PlexCoin ICO

Three Canadian citizens who were involved in an alleged initial coin offering scam from the PlexCorps crypto project were charged with fraud over 8 million dollar conning investors. According to a statement from the U.S. July 24, PlexCorps owners Dominic Lacroix and Sabrina Paradis-Royer. As well as former employee Yan Ouellet was charged with five […]

Malware In The Crypto Trading

Indian Police Unearth Multi-million Dollar Cryptocurrency Scam

The scene of cryptocurrencies is quite bleak in India. Adding to the woe every other day some crypto scam is popping up in the region which further tarnishes the notion of crypto in the public. The Criminal Investigation Department (CID) in Gujarat has unearthed a multi-million dollar cryptocurrency scam. A certain Diveysh Darji has duped […]

Warning Against CoinBene

German Financial Regulator Issues Warning Against CoinBene

BaFin or Federal Financial Supervisory Authority of Germany has issued a warning against CoinBene, the crypto exchange. As per BaFin’s report, CoinBene is not registered under Germany’s banking Act and has no license for trading with cryptos. Further, it also says that CoinBene has been recruiting freelance crypto traders. These folks get their commission for […]

Warning Against OneCoin

Australian Finance Regulator Issues Warning Against OneCoin

The Australian Securities and Investments Commission ASIC issues an official warning against OneCoin. It has also released a notice for the public. As per the official info, OneCoin has no registration or license within Australia. The firm doesn’t have the latest Australian Finance Services License.  Also, it doesn’t posses the Australian Credit License from the […]


Goxtrade Faces Scam Accusation: Mentions Bogus Contact Details

There is not a day in a week when we don’t hear about scams happening in the crypto world. The crypto exchange Goxtrade is the latest addition to these kinds of scam activities. Apparently, the firm is extracting the photo of random people from social media. Later it’s putting those people’s picture on its website […]

Five Record-Breaking Cryptocurrency Scams in 2018

Five Record-Breaking Cryptocurrency Scams in 2018

The controversy of cryptocurrencies is not going to die any sooner. Right from the time of start till date, crypto investors have always been on a roller coaster journey. Out of many, here are a few cryptocurrency scams that looted people and left them bankrupt during 2018. Check them out! $530 Million Hack in Japan […]