More than 200 Google Chrome users were tricked into participating in a fake airdrop from Huobi, a cryptocurrency exchange based in Singapore. Security experts reported this incident in a blog post on March 14. The attack was orchestrated with the use of a Chrome browser extension with the name NoCoin. The NoCoin extension was downloaded
The indictment of an individual is announced for stealing identities and funds, including crypto by a Manhattan`s District Attorney. Dawson Bakies was accused of stealing the identities of more than 50 victims and stealing funds from them. Now Dawson Bakies is charged with grand larceny, identity theft, computer tampering and creation of schemes to defraud.
A New York Federal court has fined the cryptocurrency hedge fund Gelfman Blueprint, Inc, and its CEO Nicholas Gelfman, for more than 2.5 mln USD. the reason is the operation of a fraudulent Ponzi scheme, according to the official announcement that was released on the 18th of October. GBI is a corporation based in New
China has banned cryptocurrencies, but there are people who are still handling them. The Chinese tycoon and investor Li Xiaolai has been investing major sums in bitcoin. However, now, he turned his attention to the blockchain-based projects. Li is one of the biggest bitcoin holders in China, and he has claimed recently, that he is
MetaMask is a cryptocurrency wallet and an Ethereum decentralized app. Now, it has blocked one of the most popular app for Ethereum, called 333ETH. The app promises lifeling payments in ethers to all investor wallets after they make an initial down payment. Now, the announcement and the app have attracted a number of scam accusations.
Homero Joshua Garza is known as the CEO of a cryptocurrency firm GAW Miners. He is sentenced for 21 months of imprisoning for defrauding investors. The verdict was announced in the Hartford federal court, for a wire fraud related to creating and scamcoin, PayCoin. The initial suggestions were to imprison the former CEO for 20
Gerald Rome, the Colorado Securities Commissioner, has ordered three cryptocurrency firms to show case. It means, that the firms representatives should appear in court to explain or justify something. Such cases can be ordered in case there is a doubt or unclear issues in something. This time, it is suspected that the mentioned companies
Recent reports inform that there are still some crypto–mining apps in Google Play Store. Despite the announced ban, some of them are still there. On 27th of July Google banned all crypto–mining apps from its store. The main information that the company provided to users and officials is that they don’t want any mining apps