Tag Archives: scams

The Russian Prime Minister is committed to “civilizing” the crypto market and preventing scams

Mikhail Mishustin, the Russian prime minister, raised the issue of cryptocurrencies and the need to protect users during Thursday’s government session, according to a transcript. Recognizing the growing interest in this “relatively new tool”, Mishustin said the government intends to guide the development of the cryptocurrency market in a “civilized …

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Big Bitcoin Scams to Avoid for 2020

This year has brought considerable growth to the crypto community. Notably, Bitcoin has regained much of its lost value and is well on its way to new all-time highs. Along with this added value comes a number of Bitcoin scams. Unfortunately, the unregulated and private nature of the market makes …

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Beware of election-related digital currency scams

There is a new digital currency scam making its rounds and capitalizing on the US presidential election. The Twitter account (@EmmaIsaacs) is impersonating Elon Musk, commenting on Donald Trump’s tweets, and encouraging Twitter users to visit a fraudulent website that prompts them to send BTC and ETH to a designated …

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Ripple sues YouTube for allowing “scams” promising free XRP

Ripple Labs and CEO Brad Garlinghouse are suing YouTube over allegations that the video streaming giant failed to guard its platform against fake XRP scams, resulting in monetary damage to users and damage to Ripple’s reputation. Ripple’s lawsuit centers on “XRP Giveaway” scams that rely on hijacked accounts and other …

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