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Tag Archives: cryptocurrency scam

YouTube Is Hosting and Spreading Phony Bitcoin Giveways

There’s a new cryptocurrency scam a-brewing, and this time, it targets specific YouTube accounts.YouTube Is Spreading the Work of Crypto HackersThe scam takes on the form of phishing, which means hackers gain personal information from users to access their accounts and other private data. The scam targets YouTube account holders with fake brand deals, and it’s been active for the past two months. Companies like Brick Bros Productions have already reported that their accounts are no longer...

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New York Man Faces Jail Time for “Misleading” ICO

It’s happened again, folks. Another person is now facing prison time for taking part in an alleged initial coin offering (ICO) scam that has seemingly cheated people out of their hard-earned funds.Why the ICO Is Not a Trusted Funding MediumMaksim Zaslavskiy – who hails from Sheepshead Bay in New York – has been sentenced to a year-and-a-half in federal prison by a Brooklyn-situated court for lying to investors that took part in his token sale. This is being reported as the first...

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India Arrests Three Involved in Potential Crypto Scam

Cryptocurrency scams just seem to be an everyday thing as of late, and the latest scam news involving digital money is arriving out of India.Is India Home to a Large Crypto Scam?The country’s Special Task Force (STF) says it has made three arrests in what is turning out to be a very large case of cryptocurrency fraud. The people arrested include Rakesh Kumar Singh, Bittu Yadav and Pradeep Dev. All three have been charged with digital theft. The suspects hail from a region of Bihar in...

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