Recent Report Reveals “Cryptocurrency Exchange” Goxtrade Scam

The self-billed ”cryptocurrency exchange” Goxtrade has just been accused of being fraudulent. Although the cryptocurrency exchange calls itself a ”trusted platform for trading Bitcoins”, a TechCrunch report has now revealed a series of irregularities with the exchange platform pointing to yet another scam. Goxtrade has stolen social media photos for its staff page Although the … Continue reading Recent Report Reveals “Cryptocurrency Exchange” Goxtrade Scam

South Korean Police Takes Down $19 Million Cryptocurrency Scam Using AI

South Korean Police Takes Down $19 Million Cryptocurrency Scam Using Artificial Intelligence

A spectacular story from South Korea has been making the rounds lately, regarding an investigative unit which recently relied on artificial intelligence (AI) to take down a group of criminals. However, this artificial intelligence should not be mistaken for some South Korean RoboCop-esque crusader keeping the streets clean. Rather, this AI was a keyword targeting … Continue reading South Korean Police Takes Down $19 Million Cryptocurrency Scam Using AI

OneCoin: $3.7 Billion Crypto Scam Ringleader Arrested at LAX

OneCoin: $3.7 Billion Crypto Scam Ringleader Arrested at LAX

FBI agents have arrested Konstantin Ignatov at Los Angeles International Airport (LAX) on conspiracy to commit wire fraud charges, after the OneCoin project of which he was ringleader was exposed as a pyramid scheme. Bulgaria-based company OneCoin has been exposed as a pyramid scheme and the brains behind it as fraudsters. The leader of the … Continue reading OneCoin: $3.7 Billion Crypto Scam Ringleader Arrested at LAX

Could the Reported Death of QuadrigaCX’s CEO Be A Front for An Exit-Scam?

Could the Reported Death of QuadrigaCX’s CEO Be A Front for An Exit-Scam

The mystery surrounding QuadrigaCX’s supposedly lost cold wallets seemed puzzling enough when Toshi Times last reported on it. It would now, however, seem that the plot thickens even more – as reports start to come in alleging that funds have been moved from these ”lost” wallets. QuadrigaCX’s CEO was supposedly the only one to hold … Continue reading Could the Reported Death of QuadrigaCX’s CEO Be A Front for An Exit-Scam?