Not ‘Above the Law’ – Feds Target ICO Cryptocurrency Scams

This Data Breach alert was published at 25.02.2021 12.34 on Data Breach Today.

$70 Million Allegedly Lost to Schemes Such as Bitcoiin2gen, Touted by Steven Seagal
Authorities have accused Serbia-based scammers of capitalizing on the “initial coin offering” bubble that began in 2017 to their advantage, bilking global cryptocurrency investors out of $70 million via Bitcoiin2gen and other supposed coins, and hiring the likes of actor Steven Seagal to endorse them.

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Federal Reserve’s Money Transfer Services Suffer Outage

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