Tag Archives: Bitcoin Scams

Analysts and crypto experts are warning against all levels of bitcoin scams, which have become rather common over the past year. Bitcoin and Crypto Scams Continue to Be Troublesome Since bitcoin began shooting up in price in mid-2020, crypto scam artists have been entering the fray in droves. The Federal Trade Commission (FTC), for example, received more than 7,000 individual reports of crypto scams between October 2020 and March 2021. As much as $80 million had been...

Bitcoin scams appear to be everywhere these days, but nowhere are they more prominent than in Australia, as of late.Australia Hosts Too Many of These SchemesThat’s right… The land from down under appears to be one of the biggest crypto scam havens on planet Earth. Among the latest scam cases involves a young woman named Kate – an alias, as the person being interviewed wanted to remain anonymous – who invested as much as $4,000 into a bitcoin investment scheme based out of Kiev in the...

Founder of recently launched HEX cryptocurrency revealed to be former internet ‘Spam King’. Richard Heart, aka Richard J. Schueler, aka, J. Richard, aka James Hart is linked to a Panama criminal network which included corrupt lawyers and judges. Heart also sold anti-aging cures in between roles as Spam King and Bitcoin thought leader. Richard Heart, founder of controversial cryptocurrency project HEX (HEX), has been outed as a former internet scammer and ‘Spam King’. HEX Founder’s Dark...

Ex-NBA star Isaac Austin has been accused of swindling a Ghanaian firm nearly one million dollars in a Bitcoin Scam. According to GhanaWeb, the former NBA player lured victims into investing their Bitcoin in an automated cryptocurrency trading program run by his firm, Isaac Edward Austin and Tudor Trust. On Austin’s LinkedIn page the ex-basketball player is listed as a trustee of the firm. Source: LinkedInHis Twitter account, however, makes no such mention. Ghanaian firm loses 75 Bitcoin...

An investor in the OneCoin cryptocurrency scheme is facing death threats after publicly speaking out about her ordeal. Besides death threats, Jen McAdam has also been threatened with sexual violence, according to the BBC. As one of the tens of thousands of victims who lost money in the OneCoin scam, McAdam was most recently featured in a BBC investigative podcast, The Missing Crypto Queen. The podcast dug deep into the disappearance of Ruja Ignatova, the founder of the pyramid scheme. Since...

John De Mol alleges that Facebook did not negotiate in good faith over addressing misleading Bitcoin advertisements attributed to his name. | Image: ShutterstockThe creator of the Big Brother reality TV show has failed to reach an agreement with Facebook over fake Bitcoin ads that purported to originate from him. The fake Bitcoin ads promoted cryptocurrency-related investments which were allegedly backed or endorsed or had the involvement of the Dutch billionaire John de Mol.According to...