Scams

Unfortunately scams do happen. Although cryptocurrencies offer unprecedented levels of security, scammers are still able to exploit users.

Here we discuss and document past scams, known schemes and gimmicks that crypto enthusiasts should watch out for.

A major South American Bitcoin exchange may be going down in São Paulo, Brazil by @Cryptobill
A company named STM Investimentos (aka STM Operações) which ran a Bitcoin investment fund and the STMBit Exchange has stopped all payments, quit taking calls and investors are fu...
Reddit detectives bust Venezuela Bitcoin donation fraud by @Cryptobill
Reddit detectives have done it again. A fake charity which requested donations for Venezuelans during hardship has been busted using a fake image as proof that children had suppose...
Understand Bitconnect [BCC] : Is it legit? by @Cryptobill
While the official Bitconnect website still accepts registrations, the BCC Bitconnect cryptocurrency has collapsed to U$ 0,62, down from an all time high of over U$ 550 in 2017. Wh...