marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
criminals
12/13/2024
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By Ava Grace
Scammers using fake Telegram verification bots to steal cryptocurrency assets from unsuspecting victims
Scammers are combining social engineering with fake Telegram verification bots to inject crypto-stealing malware into users’ systems, leading to substantial losses. The scam involves creating counterfeit X accounts impersonating popular crypto influencers, luring followers to Telegram groups, and prompting them to verify their identities through a fake bot named “OfficiaISafeguardBot.” The fake bot injects a […]
10/13/2023
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By Arsenio Toledo
Sam Bankman-Fried tried to recoup losses by opening fake accounts using IDs of Thai prostitutes
Former billionaire and cryptocurrency magnate Sam Bankman-Fried directed his former girlfriend Caroline Ellison to hide the billions of dollars in customer deposits and investor funds he siphoned from his company through a variety of elaborate schemes. This is according to Ellison’s testimony before a federal court in downtown Manhattan. Ellison, who at the time of the […]
03/21/2023
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By Cassie B.
SAM THE SIPHON: Filings show former CEO Sam Bankman-Fried took $2.2 billion in customer funds for personal use
FTX Co-founder and former CEO Sam Bankman-Fried and five members of his inner circle reportedly pocketed more than $3.2 billion from parts of their crypto empire, including the hedge fund Alameda Research. Bankman-Fried and the other employees transferred the funds to their personal accounts using the label of “payments and loans.” This is according to […]
11/17/2022
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By JD Heyes
Accused FTX fraudster Bankman-Fried just latest scandal-ridden monster who was Democrat mega-donor
Sam Bankman-Fried, the accused crypto-fraudster and former head of bankrupt crypto exchange FTX, has become the latest figure in a long list of degenerates who were also mega-donors to the Democratic Party. “According to data published by OpenSecrets.org, Sam Bankman-Fried donated nearly $40 million to political candidates in the 2022 mid-term elections. Only $235,200 went to Republicans, […]
11/10/2022
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By Arsenio Toledo
Report: Crypto exchange Binance still serving Iranian clients, allowing them to trade despite sanctions
Cryptocurrency exchange Binance has been aiding Iranian firms to circumvent American sanctions intended to cut Iran off from the global economy by processing nearly $8 billion worth of transactions since 2018. With over 120 million users, Binance is the world’s largest platform for exchanging cryptocurrency assets with fiat money or even with physical assets like gold and […]
07/24/2022
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By Arsenio Toledo
Founder of fraudulent crypto CONVICTED for stealing over $6 million from investors
Randall Crater, the creator of purported cryptocurrency My Big Coin, has been convicted for stealing over $6 million from investors by falsely claiming that this new crypto asset was backed by commodities. The Department of Justice said Crater, 51, offered virtual payment services through his fraudulent digital currency. (Related: “Cryptoqueen” becomes first crypto criminal on FBI’s top 10 most […]
07/03/2022
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By Arsenio Toledo
“Cryptoqueen” becomes first crypto criminal on FBI’s top 10 most wanted
The Federal Bureau of Investigation (FBI) has just added Ruja Ignatova, also known as the “Cryptoqueen,” to its 10 Most Wanted Fugitives list. Ignatova is known for her involvement in the Ponzi scheme known as OneCoin, which is estimated to have defrauded investors out of over $4 billion. The scam, which was active from late 2014 to March […]
06/21/2021
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By JD Heyes
DoJ has elevated ransomware attacks to the level of terrorism as Biden admin cracks down on crypto thieves
There isn’t much we agree with the Biden regime about, but it does appear to be taking the dangers posed by rising numbers of ransomware attacks much more seriously than, say, it is taking the migrant crisis along the U.S.-Mexico border. Just a few weeks after crypto crooks attacked the Colonial Pipeline with a ransomware […]
07/12/2018
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By Ethan Huff
Indian government officials nabbed in massive bitcoin money laundering scheme
A senior official from the Indian National Congress (INC), one of India’s opposition parties, is demanding an investigative probe into what he’s calling a “mega bitcoin scam” involving leaders of the country’s majority Bharatiya Janata Party (BJP). Shaktisinh Gohil says that BJP officials have been complicit in a “multi-layered” scam that involved laundering large amounts […]
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