cryptocurrency scams

The Legacy of Gensler’s Bitcoin ETF Retreat Lives on as an Inscription

Demian CrypterJan 10, 20242 min read

U.S. SEC Chair’s Message Minted on Bitcoin Blockchain U.S. Security and Exchange chair Gary Gensler’s letter announcing the approval of spot Bitcoin exchange-traded products (ETFs) was…

Fraudsters Convicted in German Court for OneCoin Crypto Scam, Resulting in Jail Sentences

Wyatt NewsonJan 10, 20243 min read

German Court Sentences Founders of OneCoin Crypto Scam to Jail A German court in Münster has handed down sentences to the key accomplices involved in the…

Annual Report Highlights Crypto in US Financial Industry Regulation

Bernard NicolaiJan 10, 20242 min read

The United States financial industry watchdog warns of cryptocurrency scams The Financial Industry Regulatory Authority (FINRA) has released its annual report, cautioning individuals about the risks…

Rodney Burton, Crypto Advocate, Apprehended for Unlicensed Money Transmission

Gapster InnesJan 8, 20242 min read

Rodney Burton Arrested for Fraudulent Crypto Promotions A crypto advocate named Rodney Burton, also known as “Bitcoin Rodney,” has been arrested in the US. He is…

Microstrategy CEO Michael Saylor Cautions Against Deepfake Bitcoin Scams Involving Himself and the Company

Benito CormiJan 8, 20242 min read

Scams Targeting Crypto Investors with Deepfake Videos A series of scams using AI-generated deepfake videos have been circulating on platforms like Youtube, featuring prominent figures such…

Polychain Advises Users to Avoid Interacting with CEO’s X Account After Security Breach

Wyatt NewsonJan 5, 20242 min read

Polychain Capital Urges Users to Avoid CEO’s Hacked Twitter Account Digital assets fund management company, Polychain Capital, has issued a warning to users not to interact…

Scam Sniffer Exposes Wallet-Drainers, Who Pilfer $295 Million from 320,000 Users in 2023

Wyatt NewsonJan 3, 20243 min read

Phishing Scams Drain $300 Million from Crypto Users in 2023 In a recent publication, cryptocurrency security firm Scam Sniffers revealed that popular crypto phishing scams stole…

December Sees Over $100 Million Drained in Crypto Scams, Ranking Fifth Highest Month

Wyatt NewsonJan 2, 20243 min read

Over $116 Million Lost in December to Cryptocurrency Scams Blockchain security firm CertiK has reported that cryptocurrency scams resulted in a loss of over $116 million…

Cryptocurrency Scams in 2023: Fraudulent Wallets Drain $295 Million from Over 320,000 Individuals

Blount CharlestonJan 2, 20243 min read

The Growing Threat of Phishing Scams in the Bitcoin Industry In 2023, the bitcoin industry has been heavily impacted by a rise in sophisticated phishing schemes.…

cryptocurrency scams crypto news & updates | LolaCoin.org cryptocurrency scams