Tag: Fraud

Why you shouldn’t do business with Bitcoincasino.us and Fortunejack

Mark March 16, 2021 Scams

I’m going to keep this short and sweet. ITS A SCAM I’ve been an affiliate for both these platforms for many years and never had issues with them in the past. Recently I lost access to my accounts and my 2FA because my phone was lost and hacked, I’ve had no luck reaching out to either Bitcoincasino.us or Fortunejack to retreive my earnings. The support has been nonresponsive and unhelpful. …
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Ugandan Crypto Ponzi Scheme Founder Arrested After Pocketing $2 Million

JP Buntinx December 18, 2019 Crypto

Cryptocurrency scams and Ponzi Schemes seem more prolific in Asia and Africa One Ugandan scammer by the name of Samson Lwanga was recently arrested. In Africa, virtually everyone wants to make extra money as quickly as possible. Another Ugandan Ponzi Scheme Shuts Down It is for this reason that scams and Ponzi Schemes are so popular. Most of these projects tend to disappear pretty quickly after raising a fair bit …
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BitQyck Founders Agree to Return $8.4m to Defrauded Investors

JP Buntinx August 30, 2019 Crypto

Numerous ICO projects have been flagged as illegal securities. A lot of those companies are now under investigation by the SEC. The company behind BitQyck, which allegedly defrauded investors, had its founders agree to pay $8.4m in damages. This is a key development for current and future investigations. The BitQyck Scheme While many people assumed the BitQyck token was perfectly legitimate, it did not take long to notice something was …
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Top 6 Cryptocurrency Exit Scams

JP Buntinx May 11, 2019 Featured

Every time money is involved in any business model or project, there is a good chance an exit scam will occur sooner or later. In the cryptocurrency industry, such exit scams are a lot more common than one might think. The following examples show how one should never trust another person on the internet, no matter the business model involved. Influencer Crypto Brahma’s Moon Club It is not uncommon to …
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