Cryptocurrency enthusiasts pay believing that they are mining digital coins through android apps. In reality, they are doing nothing and getting nothing. Over 170 Android apps have joined the crypto craze with their scam services. According to market researchers, fraudulent apps, 25 of them accessible on Google Play, are luring crypto traders to fake deals….
Currently, the law enforcement authorities, as well as the regulating authorities of Spain, are highly concerned about growing cases of crypto-related crimes. Spain, being the first adopter of digital assets within the European region, is also a second home to crypto and cyber-criminals. The lower courts as well as the tribunals of the country are…
Cryptocurrencies are prone to censorship by default which allows their users, owners, and holders exclusivity over their crypto assets. The controlling power is exclusive to the owner or possessor of the cryptocurrencies and does not require any third-party supervision. But there are only two issues with cryptocurrencies which are serious and major issues. For example,…
Money-back Review Money-back is a firm that is working in the world of cryptocurrency to help traders who have lost their money in any type of scam or fraud. In this Money-back review, we are going to look into the firm and see whether they are providing what they are claiming, or you just have…
FSCA launches process of recovering looted funds by MTI. The first recovery transaction comprised over 1200 Bitcoins which were transferred in the accounts of official liquidators for onward transfer to real beneficiaries. MTI, a so-called crypto trading platform, is a worldwide notorious scammer, which is banned in most of the jurisdictions. The latest jurisdiction to…
Last year went into the record books regarding the mammoth amount of funds and assets that were stolen via scams and hacks. But while that was a figure that is so disheartening, regulators would be contented with the fact that they were able to bring the amount stolen down, compared to the one of 2019….
A crypto fraudster finally receives his sentence at a very young age as he ends up in prison for serving 8 years. Pleaded guilty before the US Court and admitted his offence of committing fraud and perjury by launching Ponzi initial coin offering scheme. Sohrab Sharma – a founder of bogus crypto trade platform called…
A new global survey has revealed that most of the financial institutions have some concerns regarding cryptocurrencies. According to the survey conducted by the Association of Certified Anti-Money Laundering Specialists and the Royal United Services Institute, over sixty percent of financial institutions consider cryptocurrencies risky. While on the other hand, government officials also participated in…
