Tag: Criminals

London’s Metropolitan Police Seize $667,000 Worth of Bitcoin

Hackers and other online criminals will continue to pay close attention to Bitcoin and other cryptocurrencies. In London, police officials arrested one particular hacker and seized $667,000 worth of Bitcoin in the process. It remains unclear what will happen to the confiscated Bitcoins, although it seems likely they will be auctioned off. Another Bitcoin-related Arrest It is evident criminals are drawn to Bitcoin and other cryptocurrencies for many reasons. One …
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Here’s What Not to Do When Setting up a Masternode

In the world of cryptocurrency, masternodes play an increasingly important role. They incentivize coin holders to lock up vast amounts of a specific currency and provide valuable services to the network in the process. However, there are some concerns when setting up such masternodes, especially when it comes to people who do so for others. Criminals Target Masternode Newbies Anyone who has ever attempted to set up a masternode will acknowledge that the initial setup …
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Beware of the Fake Telegram Company Registered in the UK

When Telegram announced they would host an initial coin offering, the media attention was overwhelming. Now that most of this funding has concluded successfully, it has become apparent that the company raised a lot of money in the process. At the same time, there is a fake Telegram company registered in the UK which raises a ton of questions. Beware of the Fake Telegram Company While most people can tell the real …
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Physical Letter-Based Bitcoin Scam Shows Criminals Are Getting a Lot Bolder

Scams are nothing new in the world of cryptocurrency. Some of these ventures prove to be very professional and elaborate, whereas others are clearly low-effort projects. It seems a new scam is making the rounds which involves a physical letter that threatens to expose people’s bad behavior unless they cough up a lot of money in the form of Bitcoin. It even comes with its own guide on how to buy Bitcoin. …
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