3 cryptocurrency scams you should know about

As for the traditional finance industry, the cryptocurrency industry is also attracting scammers or attackers. Several reasons can explain this. First, crypto markets are currently very popular, attracting a growing number of people and thus funds, which is attracting in turn scammers looking for easy money. Second, cryptocurrencies are known »

The biggest scams in the cryptocurrency ecosystem in 2020

This article was published in French on February 28th, 2021: https://www.cointribune.com/actualites/les-plus-grands-scams-de-lecosysteme-crypto-en-2020/  Although cryptocurrencies are revolutionizing traditional financial systems, they are also used for scams such as Ponzi schemes, ransomware and high-yield investments. Take the well-known example of PlusToken. This Ponzi pyramid allowed its creators to steal several billion in crypto »

Payback for ransomware may violate OFAC’s regulations

Issue crypto transaction in case of a ransomware attack may violate OFAC regulation This Advisory has been published following the surge of ransomware during COVID-19 pandemic License applications involving ransomware payments will be reviewed by OFAC on a case-by-case basis with a presumption of denial In case of ransomware, OFAC »