‘Elon Musk’ bitcoin giveaways continue to scam people on Youtube. Scammers have reportedly pulled in millions of dollars in bitcoin from people wanting to double their cryptocurrency. Some of them use bitcoin addresses containing the name Elon Musk, Spacex, or Telsa. Before sending money to a bitcoin address, check if it has been reported as...Read More
A bitcoin trader who promised massive returns by investing in his BitMEX fund, has allegedly made away with more than $380,000 in BTC in what appears to be an exit scam. Bitcoin Scammer Drops Parting Joke According to Twitter handle ‘stealthbomber21,’ a bitcoin trader with the moniker ‘hitsXBT’ has defrauded investors in his Bitmex $BTC...Read More
The Coinjer scam is one of the latest cons to hit crypto-related social media recently. The scam primarily operates across Telegram channels and tricks people into coughing up bitcoin in order to receive more. The Coinjer Scam Promises BTC Rewards The Coinjer scam is a relatively small-scale attempt to syphon away Bitcoin (BTC). The scheme...Read More
Two HitBTC impersonators have been charged with fraud and money laundering after swindling a US citizen out of $200,000 Bitcoin through Twitter. According to the U.S. Attorney in the District of Oregon Billy J. Williams, the two accused, Karanjit Singh Khatkar and Jagroop Singh Khatkar, have been charged with committing wire fraud, money laundering in...Read More