In this 2-part series written by Kolin Evans, a cryptocurrency expert who made Quark an international sensation following bitcoin’s euphoric rise in 2013, consumers are alerted to the types of digital currency fraud – and shown how to prevent them.
Celebrities and high-profile public figures such as members of the Dragon’s Den, Piers Morgan, James McAvoy, Elon Musk, Richard Branson, and Martin Lewis are used excessively by Bitcoin scammers for promotional purposes.
The hackers managed to receive over 400 payments in the scam, or $121,000 worth of Bitcoin. According to Tom Robinson, co-founder of cryptocurrency compliance firm Elliptic, the sum is quite low to become a historic one.
Cryptocurrency scams stand up on a new level as nowadays the biggest industry players are caught into a trap of the frequent Bitcoin frauds.
The opposition party has accused the ruling Bharatiya Janta Party of being involved in money laundering activities using Bitcoin.
The Hong Kong’s police arrested five individuals, who have allegedly been involved in MyCoin’s investment scheme.
In this 2-part series written by Kolin Evans, a cryptocurrency expert who made Quark an international sensation following bitcoin’s euphoric rise in 2013, consumers are alerted to the types of digital currency fraud – and shown how to prevent them.