Chinese Authorities Warn About ‘Sophisticated’ Digital Yuan Scam- Promotes Access to a ‘$186M Secret’ Government Fund

Chinese Authorities Warn on 'Sophisticated' Digital Yuan-Themed Scam — Promotes Access to a '$186M Secret' Government FundAs China keeps paving the way to adopt its central bank digital currency (CBDC), scammers are also actively emerging on the scene. The police in a Chinese province are now warning about a “sophisticated” CBDC-themed scam. Bogus Platform Is Set to Be Launched in March, Say Scammers According to a post from the cybercrime unit […]
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Scam warning as Columbia’s President ‘endorses’ Bitcoin Era

Not even the Colombian president is exempt from being impersonated by Bitcoin scammers.

The Colombian police have issued a warning about fraudsters promoting a Bitcoin scam website to social media users.

The “announcement” about the launch of a fake Bitcoin-related investment system was purportedly “approved” by Ivan Duque, President of Colombia.

According to Colombia Check, quoting a statement by the Cybernetic Police Center, the site promotes a Bitcoin investment opportunity (BTC) that Duque is quoted as saying will offer “relief to the economic crisis triggered by the coronavirus pandemic.”

The post claims that the president signed “the biggest deal of the century” to create a platform named Bitcoin Era, and citizens could start soon to “generate incomes via cryptocurrencies.”

The site features an interview with Bitcoin Era’s apparent CEO, Diego García, who explains how the system works. However there are some tip offs to the scam.

First, the interview is just copy-pasted from another from a year ago by the “CEO” of another scam site, Crypto Genius. Second, the photo used in the blog post belongs to a Youtuber and voice-actor, Pete Accetturo.

The fraudsters also added reviews from fake users that have been testing the fake system.

One of the users’ photos, named José Ruiz, is in reality a Mexican student, Adán Cortés, who became famous for breaking into the Nobel Peace Prize ceremony for Afghan activist Malala Yousafzai.

The same type of scam is also used in several countries by fraudsters. British TV presenter and former X-Factor star, Rylan Clark-Neal, alerted his followers as to “fake interview” claiming that Rylan had made “millions from Bitcoin.”

On April 18, the former Celebrity Big Brother star tweeted that a fraudulent interview impersonating U.K. publication, The Daily Mirror, was circulating on Facebook.

Also, Hugh Jackman, Gordan Ramsey, and Martin Lewis sued Facebook over being impersonated by Bitcoin scammers on the platform in 2018.

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“Bitcoin is not the enemy, centralization is” – Bitcoiners remain bullish amid mainstream media attacks

Bitcoin Price Hits $9.5K Despite Criticism Expressed By Mainstream Bank

Nearly 24 hours after the “big” cryptocurrency scam, tranquillity is slowly returning to Twitter and as new trends surface, the discussion is shifting from what can be titled as one of the swiftest and most popular cryptocurrency scams of the year, to regular day to day topics. But Crypto-Twitter is far from moving on, and […]

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Personal Data of 250,000 People From 20 Countries Leaked by Bitcoin Scam

Personal Data of 250,000 People From 20 Countries Leaked by Bitcoin ScamA global bitcoin scam has reportedly leaked personal data of about 250,000 people from more than 20 countries. The majority of the compromised data were of people in the U.K., Australia, South Africa, and the U.S. This bitcoin scam operates under several different names. Investors’ Personal Data Leaked A global threat hunting and intelligence company, […]

The post Personal Data of 250,000 People From 20 Countries Leaked by Bitcoin Scam appeared first on Bitcoin News.

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