Turkish cryptocurrency exchange, Thodex is no longer accessible and its Chief Executive Officer is missing. Users of the exchange are filing complaints alleging that hundreds of millions of dollars have been stolen. Thodex, a Turkish cryptocurrency exchange abruptly stopped trading, thereby leaving its users in a state of absolute shock, restlessness, and apprehension. This has…
A lawsuit related to crypto fraud was filed by a group of Spaniards who took a class action against a purported million-dollar scam. The lawsuit filed before the National Court of Spain accuses an individual of supposedly scamming more than 300 small crypto investors throughout Spain. The money that was stolen is expected to add…
The repeated increase in price of Bitcoin coupled with prominent names investing in it has made the token vulnerable to scams. Elon Musk is seen tweeting about the cryptocurrency a lot and then it was also revealed that Tesla invested $1.5 billion in the token. This has given rise to Bitcoin giveaway fraudulent schemes using…
In Istanbul, a massive crypto scam has been revealed after an investigation carried out by the police. 101 hostages were involuntarily made to run scam operations. A bogus crypto investment consultancy agency was unveiled by the Istanbul police in its attempt to crackdown on the increasing crypto scams. The investigation revealed that the scam agency…
The rate at which crypto scams are increasing is alarming. What is more shocking is that notable people have also become abettors to these fraudulent schemes. The latest person to find himself embroiled in the crypto scam controversy is John McAfee. McAfee has long been one of the major supporters of cryptocurrency. He was the…
Chainalysis called the Mirror Trading International (MTI) scheme as the largest investment scam of 2020, in a recent review of crypto-related crimes. The scheme was labeled so, after having roped in $588 million worth of Bitcoins across 470,000 transactions. Chainalysis is a data firm that assists government organizations, crypto businesses, and financial establishments engage with…
Action Refund Review Are you victim of an online scam? Don’t worry, you are not alone. Millions of people all over the world have been scammed online, in one way or another. Not all scams have something do with money. Sure, lots of people have lost their money to one type of fraud or another,…