Ledger and Shopify have been hit by a class action lawsuit over a major data breach that saw the personal data of 270,000 hard wallet customers stolen between April and June 2020, Phishing scam victims…
Texan regulators have, for some time now, viewed cryptocurrency investment schemes as a risk to Main Street investors, and have continued to issue public warnings against possible crypto-related scams during the COVID-19 pandemic. The latest…
Dogecoin (DOGE) might look like a fun meme coin, particularly as its price has absolutely skyrocketed in 2021. But behind the innocent Shiba Inu dog cartoon are some horrific stories. Those buying the cryptocurrency due…
Revenue from crypto-related crime dropped by more than half in 2020 according to Chainalysis’ annual report on the subject. Cybercriminals netted around $5 billion less than the $10 billion plus they got away with in…
United States authorities have brought criminal charges against a crypto trader whom they say defrauded investors out of over $5 million. The Department of Justice announced on Tuesday that it had arrested Jeremy Spence. Between 2017 and…
A 60-year-old man was arrested at Indira Gandhi International Airport in Delhi on Thursda for allegedly heading a 25 million rupee ($340,000) cryptocurrency scam. Umesh Verma, a former jeweler and greeting card maker, was held…
Unlike in previous years, crypto news in 2020 has not been dominated by major exchange hacks and million dollar Bitcoin thefts. However, there have still been quite a few and most of them have originated…
Livecoin, a lesser-known Russian cryptocurrency exchange, has abruptly halted operations in the aftermath of an alleged hacker attack on Christmas day. According to Livecoin’s main page, the exchange has suffered a “carefully planned attack” causing…
A Manhattan court has sentenced the operator of the fraudulent crypto investment firm Centra Tech to a year and a day in prison. Per a Tuesday announcement from the Department of Justice, Robert Farkas successfully solicited…
Using blockchain technology, initial coin offerings have become an alternative means of acquiring funding for business projects using the new, evolving digital financial market for tokens. In contrast to initial public offerings, which are governed…