Bitcoin, Cryptoqueen
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A retired teacher says a Bitcoin scam took her life savings — and now she might lose her home. The warning she wants everyone to<a class="excerpt-read-more" href=" More
The Daily Overview on MSN
Feds seize $15B in bitcoin from major scam
Federal authorities have recently seized $15 billion in bitcoin tied to an alleged ‘pig butchering’ scam that exploited trafficked workers, marking a significant crackdown on international crypto schemes.
In September, Washington, D.C. Attorney General Brian L. Schwalb sued Athena Bitcoin, saying the company’s own data shows 93% of transactions on its devices in its first five months of operations in the District were "the direct result of scams." The median age of scam victims was 71 and the median amount lost per fraudulent transaction was $8,000.
Zhimin Qian, 47, masterminded a Ponzi scheme which defrauded more than 128,000 victims in China between 2014 and 2017 and stored the illegally obtained funds in Bitcoin assets
14don MSN
"Missed jury duty" scam involving Bitcoin ATMs targets Massachusetts residents, sheriff warns
Two Massachusetts women recently lost a combined $6,700 to a jury duty scam that utilized Bitcoin ATMs, a sheriff warns.
LONDON: A Chinese fraudster involved in a bitcoin scam worth more than £5.5bil (RM30bil) spent years evading British authorities sightseeing across Europe and staying in luxury hotels, a court heard.
China’s “Goddess of Wealth” Zhimin Qian defrauded 128,000+ victims in a $6B Bitcoin Ponzi scheme. UK police seized 61,000 Bitcoins, the largest crypto seizure ever. Qian faces up to 14 years in prison;
Amazon S3 on MSN
The Fake Bitcoin Scam That Shocked the World
The curious minds at ColdFusion examine the fake Bitcoin scam that shocked the world. This matters because it highlights the dangers of crypto fraud and the need for vigilance in digital finance.