(Natural News) Sean Ragan, a Federal Bureau of Investigation (FBI) special agent, warned that fraudsters are exploiting the professional networking website LinkedIn to deceive unsuspecting users and lure them into cryptocurrency investment schemes. The fraudsters, who usually pose as professionals, create fake profiles and reach out to LinkedIn users. They initiate small talk over the platform’s chatbox until […]

(Natural News) The founder of a cryptocurrency company linked to a billion-dollar Ponzi scheme is nowhere to be found. Satish Kumbhani reportedly disappeared following his indictment over an alleged $2.4 billion Ponzi scheme. The Securities and Exchange Commission (SEC) acknowledged the BitConnect founder’s disappearance in a Feb. 28 filing. Senior trial counsel Richard G. Primoff wrote in […]

(Natural News) Yet another country, India, has announced plans to try to squelch the growth of Bitcoin. As reported by Zero Hedge, the government of the seventh largest country in the world now admits that it wants to eliminate the cryptocurrency entirely, as it doesn’t see the digital currency as acceptable. In a recent announcement, […]

(Natural News) Carlos Matos, the shameless scammer behind the infamous BitConnect Ponzi scheme, has become one of the internet’s latest and most hilarious “memes.” That’s because just months prior to the cryptocurrency exchange’s demise, Matos was seen on stage at a New York event screaming and wailing about how great BitConnect supposedly was, which has […]

(Natural News) A major cryptocurrency exchange known as BitConnect has shut down its trading platform and reverted to just a storage wallet following recent crackdowns by state authorities for the alleged unauthorized sale of securities. In a recent blog post published to the company’s website, BitConnect also pointed to “bad press,” which it says eroded […]

(Natural News) While it may have been fun – and profitable – for some people while it lasted, the leading Bitcoin investment platform BitConnect has finally announced that it is shutting down. It announced its decision via a blog post on the official BitConnect website titled, “Changes coming for the Bitconnect system – Halt of lending and exchange […]