Connect with us
  • Home
  • Start here
  • Bitcoin Charts & More
  • Cryptopedia
  • Advertise
  • Submit PR
CLOSE

Bitcoin Scams

Bitcoin Thieves From Canada Steal $4K From BTC ATM

Published

on

Bitcoin thieves

Bitcoin Thieves from Canada robbed a Canadian grocery store and stole $4,000 from a nearby BTC ATM  but forgot to check the other one close by which had more than $50,000 inside. In today’s bitcoin news, discuss more it.

According to a local news media report published two days ago, the Bitcoin Thieves robbed the place at around 4 a.m on November 19 at the ‘’Simply Delicious Food Market’’ in British Columbia. The police arrived at the scene only 15 minutes after the store’s security systems were initiated and the two men escaped in time and still remain at large. The interview with the store owner serves as a reminder that there is a lot of evidence that was captured:

“Our security camera caught at least one of their cars drive away, which was a grey Nissan Sentra. The police were also able to catch their license plate too.”

While the local media report didn’t provide much context on why the small grocery store decided to install a  Bitcoin ATM, the small town of Vernon has a population of just over 40,000 and the shaken owner said that he will now remove the machine. The impact of the small heists is becoming more iconic given the thieves’ own success and the local reporters revealed that:

 “The thieves made off with $4,000, but left $50,000 still in the machine in a canister they didn’t check.”

Back in 2018 as reported, the Indian authorities made a controversial arrest of the developers of the country’s first Bitcoin ATM. The story became popular in light of the two suspects who were co-founders of the first crypto exchange Unocoin, during the celebration by the local industry as being among the first and brightest tech pioneers.  The arrests were opposed amid the foggy regulatory uncertainty and the case’s intersection with the government’s stance towards the entire sector at that time.

Earlier this week, the number of BTC ATMs installed worldwide reached a new milestone and surpassed 6,000. The United States Internal Revenue Service also announced that they will be looking into potential taxation caused by cryptocurrency ATMs and kiosks.

Share This With Your Friends

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Continue Reading
Comments

Bitcoin Scams

Coinjer Scam Emerges On The Markets: Tips To Protect Yourself

Published

on

By

coinjer scam
The Coinjer scam is one of the newest scams that happened in crypto-related social media. The con mainly works from Telegram channels and cons people into “investing” Bitcoin in order to earn more and we are reading more about it in today’s crypto news.The Coinjer scam is a relatively speaking a small attempt to siphon away Bitcoin (BTC). The con claims that it will give BTC reward but does not pay it, a Reddit thread explains on the subject.The messages circulating on Telegram proclaim that the user won 0.25 Bitcoin (BTC), just they have to claim the prize. The Coinjer site then asks the “happy winner” to register on the site. But an actual withdrawal of 0.25 Bitcoin (BTC) is not permitted and the user must supply some more Bitcoin (BTC) in order to reach the threshold of 0.3 Bitcoin (BTC). Even then Coinjer will not pay its user. Now the con asks for even more verification including a KYC screening, that costs 0.1 Bitcoin (BTC), as noted by another Reddit user. In this way, Coinjer beside the Bitcoin (BTC) is probably stealing electronic and real-world identities too.It looks like the con expanded from the Anglosphere social media to include Asian users. The name Coinjer is a parodical version of CoinJar, a legitimate crypto-payment service. What is now called “the most elaborate crypto scam” resemble a lot to old-fashioned mail-order scams, that had requirements of payment to give the promised prize. And in the end, the scams would not pay the said prize.Usually, scams are more present during growth times, and their presence falls in the duration of bear markets. For now, it seems that the so-called Ethereum giveaway scams have shrunk from Twitter. Pyramid-like scams reappear typically trying to contact investors directly appealing their naivety.This year, PlusToken scam was operating in China for months, stealing away more than $3 billion in Bitcoin (BTC). The HEX scam is also growing its base, trying to take Ethereum (ETH) and possibly Bitcoin (BTC). Telegram in recent times is one of the nest for scam activity, including the spreading of false ICO deposit addresses, tainted wallets, and impersonating ICO leaders. The Coinjer scam is not trying to “sell” another cryptocurrency but directly asks for Bitcoin (BTC).
`
Continue Reading

Bitcoin Scams

Argentina’s Government Gets Hit By Bitcoin Ransomware Attack

Published

on

By

argentina's government
Argentina’s government recently got hit with a Bitcoin ransomware attack and according to the latest information that we have in our Bitcoin blackmail news, the hacker demanded 50 BTC to withdraw the attack.For all of the positive changes that crypto brought over the years, there are still a lot of issues that emerge and cause harm to others. A perfect example of this is the hackers who recently attacked Argentina’s government by locking away 10 years' worth of government files. The Bitcoin ransomware attack supposedly took place about two weeks ago and according to Argentina’s minister of science and technology Alicia Banuelos, some of the details regarding the incident were exposed in an interview with Agencia de Noticia de san Luis which is the main digital news outlet.In an interview, Banuelos noted that the hackers invaded a data center that was used by the government and that they encrypted more than 7,700 GB of data. According to her assessment, it’s about 10 years’ worth of information but after the attack, the government managed to recover most of the encrypted data which is about 90 percent. Banuelos added that the job is still far from over and that decrypting all of the files will take more than two weeks. The amount of information that was encrypted is enormous and this is why the recovery of the files will be prolonged.As with other ransomware attacks, the hackers demanded the payment and they want it in the form of Bitcoin. Banuelos didn’t quite reveal the exact amount that the hackers required but some claim that the amount reached up to $370,000 in Bitcoin. The hackers tend to target the private sector with ransomware attacks but they also attack any individual, company or entity just to get paid. The governments have become targets of these attacks as well as previously reported when the South African City of Johannesburg administration website was also hacked by the hacking group of Shadow Kill Hackers.Another ransomware attack happened a few months ago from another group called Sadinokibi to attack a US data center. The powerful ransomware was used so the hackers obtain the data, demanding $287,000 to be paid. There was another attack on Stratford City Hall a few months ago when the attackers demanded a bitcoin payment worth about $75,000.
`
Continue Reading

Bitcoin Scams

Infamous Bitcoin Scammer Case Reopened By US SEC

Published

on

By

infamous bitcoin scammer
According to recent documents from the United States, the Securities and Exchange Commission (SEC) thinks that the case against the known fraudster and Ponzi schemer, Renwick Haddow, still needs to be properly solved. The infamous bitcoin scammer will be trailed again and we are reading more about it in the bitcoin news now.It looks like the United States SEC is not satisfied with the decision from the New York Southern District Court judge, in regards to the case against Renwick Haddow. Judge Lorna G. Schofield gave the order for the closure of the said case, which was brought by the SEC against the infamous Bitcoin scammer.But reading the latest report, we can see that SEC now is seeking to re-open the case, appealing that there are still unsolved several issues, mainly about certain monetary penalties that the US regulating body, wants to be sanctioned on the Ponzi fraudster.Haddow is well known for a number of high profile schemes, however, his hot-desking operation located in the USA and called Bar Works is likely the most famous. The fraud essentially consisted of selling false investments in unused restaurants and bars throughout a few US cities, including NYC and San Francisco. But he also had a temporary branch in Istanbul. He frauded above 100 UAE investors, who declared losing money in the count of millions of dirhams in this concrete scheme.The other big scams included making a front corporate network under the name ‘Capital Organization’ that consisted of 30 shell companies guilty for scamming investors out of a total of $180 million, according to a 2015 World Policy report. And there is also Bitcoin Store Inc and his 7th Avenue firms, which were instrumental in a further $37 million worth of scamming from investors from 2015 to 2017.At first, the SEC brought the case against Haddow involving several of his fraudulent operations. After the decision of the Court to close the case, the SEC sent letters and requests to the Judge that decided in the case, Lorna G. Schofield, asking for the re-opening of the case by the court. The complaint of the SEC is tied to the issue of monetary penalties and the unresolvedness tied to said penalties. The SEC also expects the outcome from one of two possible scenarios, after the sentencing of Haddow. The first one will include a monetary relief settlement among the parties, while the other will is a motion by the SEC seeking monetary relief on its own.
`
Continue Reading

Bitcoin Scams

US Marshals Warn That One Bitcoin ATM Scam Is Popular Again

Published

on

By

coinjer scam
The US Marshals Service along with the FBI recently updated an earlier warning against scammers in which they were impersonating law enforcement officers. The agencies say that the people behind the scams accuse a potential victim of a crime and demand payments via Bitcoin ATMs or other obscure payment methods.As the Bitcoin scams news show, it is unclear how effective scams like these actually are. The requested payment method should be enough of a red flag but still the US Marshals feel that they should reissue their warning.For those of you who don't know, the US Marshals is a branch of the United States Department of Justice which has reissued a warning that it first made in late 2018. This details a series of scams in which individuals call potential victims and impersonate government law enforcement officers.In short, scammers call and tell the potential victim that they have an arrest warrant out for them. They also give some insignificant charge such as skipping jury duty and demand a fine. The receiver of the call is then informed that failure to pay this will result in a jail sentence.https://twitter.com/USMarshalsHQ/status/1203013258569035778"Spoofers" is the word that they used for the victims for the people which gave some instantly suspicious payment options. They can top up the pre-pay debit cards or buy gift cards and read the unique numbers to the caller. Also, they can buy Bitcoin using an ATM and send it to a wallet address provided over the phone.Despite the red flag which would make anyone suspicious about receiving such call, the scammers appear to be persisting. This has prompted the US Marshals to update their warning today that it first issued late last year.People who know this and are aware of it know that such scams seem outright ridiculous. Still, they must either be prevalent enough or effective enough for US Federal agencies to feel the need and warn the public against them. After all, scammers are always looking to dupe the most vulnerable people - and it seems that people like this are very commonly falling to their methods. This is again why the US Marshals office reissued the warning.
`
Continue Reading

Newsletter

For Updates & Exclusive Offers
enter your email below





NEWS CATEGORIES

ADVERTISEMENT

cryptocurrency review
FO5F93F47156 - Bitcoin Thieves From Canada Steal $4K From BTC ATM

ADVERTISEMENT

Medium Rectangle 300 200 2 Animated - Bitcoin Thieves From Canada Steal $4K From BTC ATM

ADVERTISEMENT

oasistrade banner

Join us on Facebook

ADVERTISEMENT

300 250 - Bitcoin Thieves From Canada Steal $4K From BTC ATM

UPCOMING EVENTS RECOMMEND BY DC FORECASTS

january

No Events

FO710FC3F2305 1 - Bitcoin Thieves From Canada Steal $4K From BTC ATM

ADVERTISEMENT

300 600 3 - Bitcoin Thieves From Canada Steal $4K From BTC ATM

Trending Worldwide

Show Buttons
Hide Buttons
X
X