Suspected Crypto Ponzi Scheme Bitconnect, Faces Another Lawsuit

Author – Sam Reads, United Kingdom A new lawsuit filed against Suspected Crypto Ponzi Scheme Bitconnect with the US District Court of Northern California. UK-based¬†Bitconnect faces a new lawsuit, which could be the sixth or higher suit filed against the…

Cryptocurrency trader from Chicago is facing fraud charges

Author – Anujit In what can be considered as the first of such cases in the USA, a cryptocurrency trader based out of Chicago, Illinois, USA, is facing charges of fraudulent misappropriation of US $ 2 million in cryptocurrencies. Joseph…

Ransomware: Tor Proxy Service Caught stealing from Ransomware Extortionists

Hackers, ransomware families, and phishing families are netting much the crypto market. The malware and ransomware started to gain traction in the last two years after the bitcoin started to gain much media attention. The Ransomware report Google researchers recently…

South Korea Regulations: South Korea Uncovers Nearly $600 Million in Crypto Crime

January has been a critical month for the crypto world with numerous regulations, bans and hacking incidents happening all over the globe. Much of the news that moved the market was from Asia and the United States. The two account…

Bitconnect shuts down, deceives its customers and stops controversial lending of BCC token

One of the most controversial coin and often referred to as Bitconnect ponzi scheme lending platform finally shuts down as of Jan 16th. Bitconnect lending platform was trading around 300$ before the announcement. Bitconnect dumped the bitcoin amount to bitconnect…