Category: Scams

A man and his S.C.A.M.: Solo dev ‘Dreesus’ on making a memecoin legit

A man and his S.C.A.M.: Solo dev ‘Dreesus’ on making a memecoin legit

You might not know Dreesus, but if you’ve been following crypto the last few months you’re likely familiar with his work. Following the launch of his Simple Cool Automatic Money ($SCAM) token, the pseudonymous developer garnered coverage from a seemingly endless list of mainstream and cryptomedia publications, including Vice, The Wall Street Journal, Benzinga, Mic, […]

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Livecoin exchange goes offline after Bitcoin price reportedly exceeds $320K

Livecoin exchange goes offline after Bitcoin price reportedly exceeds $320K

Russian crypto exchange Livecoin claims that it has suffered a “carefully planned attack,” but some in the community suspect an exit scam. 9342 Total views 21 Total shares Livecoin, a lesser-known Russian cryptocurrency exchange, has abruptly halted operations in the aftermath of an alleged hacker attack on Christmas day. According to Livecoin’s main page, the […]

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Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams

Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams

Nov 26, 2020 at 12:25 p.m. UTC Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams Mikhail Mishustin, the Russian prime minister, raised the subject of cryptocurrencies and the need to protect users during the government session on Thursday, according to a transcript. Acknowledging the growing interest in this “relatively new tool,” Mishustin […]

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