Tag: Fraud
CipherTrace: Cryptocurrency thefts, scams, and fraud could hit $4.3 billion in 2019
Cryptocurrency thefts, scams, and fraud could hit $4.3 billion in 2019, according to a report by cryptocurrency intelligence firm CipherTrace, which previously reported Q1...
Seagate Data Storage: Blockchain To Fight Fraud
Data storage firm Seagate revealed that it has moved its anti-fraud blockchain project with IBM into the pilot stage.Launched in 2018, the project monitors...
U.S. regulator accuses head of defunct British bitcoin company of $147 million fraud
NEW YORK (Reuters) - A U.S. commodities regulator has filed a lawsuit accusing a defunct British cryptocurrency company and its former principal of fraudulently...
NiceHash founder charged with committing fraud on Darkode
The FBI has its eyes set on an infamous darknet hacker. Matjaž Škorjanc, the Slovenian founder of bitcoin mining marketplace NiceHash, has been charged...
In Payments Fraud, A Crypto Scam
Many of the headlines centered on payments fraud have focused on the damage done to smaller suppliers and vendors, especially in the U.K.But beyond...
US Crypto Investor Awarded $75M In Fraud Suit
Michael Terpin, an entrepreneur based in the U.S. and an investor in cryptocurrency, won $75.8 million in a court judgment...
Cryptocurrency thefts, scams, and fraud top $1.2 billion in Q1
Cryptocurrency thefts, scams, and fraud seem like they’re subsiding as the technology goes mainstream, right? Wrong. Crypto criminals and fraudsters stole more than $1.2...
Discovering (A Lack Of) Price Discovery Amid Bitcoin Fraud Allegations
Generally speaking, price discovery is the way anything that changes hands – from stocks to bonds to software to services – finds a “real”...
The $850 Million (Alleged) Crypto Fraud
Cryptocurrencies have had a rough week of it, evidenced by a double-digit percentage drop in bitcoin, arguably the marquee name...
Paxful adds KYC as “fraud rate is tremendous”
Starting today, Bitcoin peer-to-peer exchange Paxful is implementing know-your-customer (KYC) protocols that require users to upload identity documents if their trades reach a certain...
