by COINS NEWS - 11 months ago
In another huge L for banks and mainstream media, Wells Fargo is fined another $1 Billion. They were also fined another 3.7 Billion back in December 2022. Of course, we heard very little to nothing of this from the media, as FTX were their three favo...
by COINS NEWS - 11 months ago
In another huge L for banks and mainstream media, Wells Fargo is fined another $1 Billion. They were also fined another 3.7 Billion back in December 2022. Of course, we heard very little to nothing of this from the media, as FTX were their three favo...
Cryptocoins News / The Cointelegraph - 11 months ago
Recovering stolen Bitcoin from crypto scams is challenging due to the anonymous nature of blockchain transactions and jurisdictional issues. The process of recovering...
Cryptocoins News / The Cointelegraph - 1 year ago
While the total figures are “alarming,” crypto scams accounted for 7.1% of the total $2.08 billion stolen from Australians in 2022. Australians lost 221.3 million Aust...
Bitcoin News / Bitcoin.com - 1 year ago
On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually. The limit imposed on crypto exchanges is £1,000 daily ($1,215), with a 30-day li...
Bitcoin News / Bitcoin.com - 1 year ago
According to Hong Kong police, in 2022 there were 2,336 reported crypto scam-related cases in which more than $216.6 million was lost. Although losses relating to crypto scams only constituted just over 10% of the nearly 23,000 reported technology cr...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto-related scams in Hong Kong reportedly accounted for over 50% of the total $407 million stolen from city residents in tech crimes in 2022. Some countries worldwi...
Bitcoin News / Bitcoinist - 1 year ago
Many crypto enthusiasts believe the growing trend of Bitcoin ATMs will drive more adoption, given the ease of access. But Bloomberg reported last year that the crypto winter affected Bitcoin ATMs.
While the community complains about the impact of the...
by COINS NEWS - 1 year ago
I'm not sure if this has been posted already, but somebody shared this with me in the avatar trading sub and I thought it was an excellent summary of the most common crypto scams and how to avoid becoming a victim of them. Whether a crypto noob...