Category: Fraud

iGot Exchange – Scam Alert

igot.com is an Australian Bitcoin Exchange. Its owner is Rick Day and back in February we published an interview with the owner of the exchange. Interestingly enough, before the interview we had an article written about why you should stay away from iGot like the plague. However, the owner decided to contact me and assured me that all the customer’s complaints have been taken care of and asked me to remove …
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Unetenet Busted: 20 Arrested in Pyramid Scheme

On July 16th, 20 individuals were arrested by Spanish police. The arrests took place primarily in Madrid, as well as other areas throughout the country. These individuals were arrested due to their affiliation with Unetenet, a Spanish cryptocurrency pyramid scheme. Unetenet, launched in 2013, is a pyramid scheme that operated through the sale of Unete, a digital currency similar to Bitcoin. Investors exchanged Euros for the scheme’s cryptocurrency, which investors were …
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Silk Road undercover agent on trial for stealing Bitcoin

We’re all aware of the fact that not all agents, detectives and prosecutors are just. Chances are that you’ve already heard about the Silk Road investigation, upon one of the dark web’s most powerful drug-selling sites which operated in the US and in other countries from all around the world as well. After Ross Ulbricht, the person running Silk Road was jailed for life, an interesting report about a former …
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Josh Garza, CEO Of Crippled GAW Sets Out On Another Business Venture …

Josh Garza the head of many criminal organizations, also known to be one of the biggest criminals in the Bitcoin Sphere has been accused of perpetrating another scam/fraudulent business. The latest “business model”comes in the form of cryptochange.org. This website claiming to be backed by the Crypto Private Investor Group, has popped up after much excitement from none other than Josh Garza. Whilst Josh Garza has been unusually open about the project, discussing …
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