Frances Foster from Plymouth, England, lost around £11,000 to a fraudulent Bitcoin company. Her story is a lesson for all of us. Cryptocurrency scams continue to plague the entire industry, and oftentimes they target the most vulnerable: sen...

Recent investigations into the ‘shadow side of cryptocurrencies’ have discovered that around €15 billion ($16.7B) in digital assets have been stolen since 2011. Scams are without a doubt still rampant in the cryptocurrency industry. This yea...

New York resident Patrick McDonnell AKA “Jason Flack” was arrested and charged with nine counts of wire fraud in a Brooklyn court on Tuesday. McDonnell allegedly convinced others to “invest” in cryptocurrency through Facebook and Twitter, steal...

A United States District Attorney has charged the founders of an international cryptocurrencypyramid scheme that involved the marketing of an allegedly fraudulent digital currency called “OneCoin.” The announcement was published by the U.S. Att...

Prosecutors in Taiwan indicted seven bitcoin traders for allegedly operating a sham crypto investment scheme that bilked $51 million from more than 1,000 investors. The ringleader was a 47-year-old man whose surname is Lin, Focus Taiwan report...

Wells Fargo — the third-largest US bank with $2 trillion in assets — will pay a $575 million settlement after admitting that it systematically scammed its own customers for 15 years. Ironically, the fine comes just months after the banking gian...