Police in India arrests four accused in a $ 14 million crypto scam

olice in Mumbai, the western Indian city that’s also known as the financial capital of the country have arrested four accused in a crypto scam. The accused had cheated investors promising them unrealistic returns. India doesn’t allow cryptocurrencies.

Operation CryptoSweep: Canada, U.S initiates a major crackdown on crypto scams

An event hosted on Monday by the North America Security Administrators Association (NASAA) saw the much-anticipated crackdown on cryptocurrency scams put into effect. Dubbed “operation cryptosweep”, the operation is aimed at conducting a thorough scrutiny on dozens of potentially malicious…

The Biggest Cryptocurrency Scam Ever – BitConnect – Now Almost Disconnected But Cryptoenthusiast Better Beware

So, what is BitConnect? BitConnect is a bitcoin-lending platform using BitConnect Coin (BCC), a cryptocurrency launched in February 2016. Users are able to lend Bitcoin and earn interest via this platform, self-regulated and peer-to-peer. Transactions made on the BitConnect platform…