Thailand has decided to require an injunction to shut down Facebook if it fails to effectively address misleading investment ads and cryptocurrency scams on its platform.
On Aug. 21, the Ministry of Digital Economy and Society (MDES) reported that more than 200,000 people were notably misled by…
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crypto scams
UK cryptocurrency scams up 32 %
Cryptocurrency scams in the UK have increased this year by 32 % according to a study by the country's Police Fraud Unit.
The estimate in thefts and other cryptographic frauds in 2022 amounts to 273 million dollars. The main reason to hook…
Brazil approves sanctions for money laundering with digital assets
The Special Commission of the Chamber of Deputies of Brazil approved the latest regulatory changes that are part of bill 2303/15 that provides for a strengthening of criminal measures for those who commit financial crimes using…
Bitcoin Chile launches blacklist of crypto scams
The Non-Governmental Organization, Bitcoin Chile, announced this Saturday the launching of a blacklist that includes scams and misleading offers with crypto assets that have been made in the South American country in recent years.
The…
Crypto scams gain ground in India
Crypto scams in India have become a major problem, due to the ignorance of entrepreneurs and rich people about the financial world and the crypto market.
Although there is a wide range of alternatives to get money using cryptocurrencies,…
Three crypto scams operate on a large scale
The companies OneCoin, Airbit Club and PlusToken have been identified by regulatory agencies and face legal proceedings being accused of large-scale crypto scam. The objective of the court is to make visible how these companies profit by…