Scam Alerts

Locked in a tight race for the U.S. Senate in Ohio, Republican candidate Bernie Moreno got a major boost in the weeks before the election: $40 million from the cryptocurrency industry. The money, which funded ads that aired across Ohio, was the most ambitious effort in an audacious multistate campaign by crypto firms to influence dozens of crucial congressional races. …

Bitcoin’s record-breaking rally took the digital asset past $89,000 and lifted the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under President-elect Donald Trump. The largest token has jumped about 32% since the US election on Nov. 5 and hit an all-time high of $89,599 early on Tuesday. The original cryptocurrency changed …

The Enforcement Directorate on Tuesday said it has arrested two Chinese nationals who ran illegal digital loan apps to “cheat” gullible people during the COVID-19 pandemic and they used the WazirX crypto currency platform to route funds. Xiao Ya Mao and Wu Yuanlun were taken into custody on November 13 under the provisions of the Prevention of Money Laundering Act …

Supriya Sule, daughter of NCP-SP leader Sharad Pawar, found herself in trouble after the emegance of the ‘Bitcoin scam’ on the eve of polling in Maharashtra on Wednesday. Maharashtra Congress President Nana Patole was also accused of being involved in the alleged corruption. An audio clip, allegedly involving Patole, Sule, and former Pune Police Commissioner Amitabh Gupta, was circulated on …

Bitcoin came within a whisker of closing above $100,000 for the first time on Thursday as the election of Republican Donald Trump as U.S. president spurred expectations that his administration will create a friendly regulatory environment for cryptocurrencies. The world’s largest cryptocurrency was trading between $98,000 and $99,000 in late afternoon trading in the U.S. on Thursday, after briefly touching …