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,...Read More
Stealing $63 million Crypto was not enough for the Gang’s Leader. Image from Shutterstock. An Indian Bitcoin fraudster defrauding its victims of nearly $63 million was brutally tortured and murdered by his accomplices after they had found out that he had duped them too. Stealing $63 million Crypto was not enough for the Gang’s Leader...Read More
This ridiculously simple Bitcoin scam is stealing funds from crypto ATM users, using nothing more than a single piece of paper. | Source: Shutterstock Many devious scammers will go to extreme lengths to steal your hard-earned crypto funds. However, one Canadian fraudster devised a lucrative Bitcoin scam that’s decidedly more low-tech. It involves a single...Read More
A report finds that 4 out of the top 5 Google results for Bitcoin QR code generators link to websites hosted by scammers. | Source: Shutterstock An analysis of Bitcoin QR code generators reveals the precarious state of basic security in the cryptocurrency sphere. A report from ZenGo shows four out of the top five...Read More
By CCN Markets: Crypto fraudsters beware. Texas’ top securities chief is watching you like a hawk, and he’s not a fan of your scammy ICO. He’s Joe Rotunda, Director of the Enforcement Division for the Texas State Securities Board. He’s held the position for the last 12 years. Joe Rotunda, Director of the Enforcement Division...Read More
Another bitcoin scammer’s run comes to an inevitable end. | Source: Shutterstock By CCN Markets: A Michigander is facing 20 wire fraud and money laundering charges for carrying out a crypto investment scam that raked in an average of nearly $15,000 daily. According to the prosecutors, James Matthew Thomas defrauded approximately $206,000 from his victims...Read More
Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to be tied to government projects. Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to be tied to government projects. Arab News reported on Aug....Read More
Over $240 million in suspected proceeds from crypto exit scheme PlusToken have moved in four Bitcoin transactions. Over $240 million in proceeds from the alleged crypto scheme PlusToken have reportedly moved through four Bitcoin (BTC) transactions. Whale Alert — a Twitter account dedicated to reporting large cryptocurrency transactions — posted on Aug. 17 that four...Read More
