Investors Demand Refund from Hong Kong Millionaire over Crypto Mining Scam

Four Hong Kong investors have come out to demand refunds of the capital given to Wong Ching-kit, a businessman who sells Bitcoin mining equipment, after claiming that the 24-year-old crypto promoter scammed them. According to a report on the South China Morning Post (SCMP), the affected investors have suffered losses around HK$20,000 (roughly $25,000) to …

Bitcoin Scammers Hack Retail Giant Target’s Verified Account

Twitter Facebook LinkedIn A number of high profile, verified Twitter accounts including retail giant Target and The Body Shop were hacked in what appears to be a coordinated campaign to promote yet another iteration of the now-ubiquitous crypto giveaway scam. A series of tweets by verified Twitter handles endorsing the bitcoin giveaway scam were highlighted by …

Hacked Bitcoin Exchange MapleChange Returns, Discloses Refund Plan

Following yesterday’s report that MapleChange had claimed to have been hacked and gone offline, the Canadian bitcoin exchange’s Twitter account has come back to life, and they have opened a Discord chat room in order to facilitate altcoin refunds. According to a tweet, they will not be refunding any litecoin or bitcoin deposits. Their main …

Belgium Regulator Blacklists 21 Crypto Firms Suspecting Fraud

The Financial Services and Markets Authority (FSMA) has added 21 new websites of suspected cryptocurrency scams to its blacklist. Belgium’s financial regulator published the list on its official website, bringing their tally of suspected crypto scams in the country to 99. The agency found that despite their prior warnings concerning the risks associated with crypto …

Britain Confiscates $700,000 in Bitcoin from Hacker

Join our community of 10 000 traders on Hacked.com for just $39 per month. A British court will this month sentence a 26 year old cyber-fraudster, from whom Scotland Yard seized about $700,000 in bitcoin proceeds earned from cyber-crime activities in 2015. The seizure of the $700,000 worth of bitcoin from Grant West last year …