Bitcoin scams steal at least $11 million in virtual deposits from unsuspecting customers

Fraudulent schemes have scammed $11 million in Bitcoin deposits from unsuspecting cyber customers over the past four years, according to new cybersecurity research from Southern Methodist University, Dallas. The first empirical study of its kind found that hucksters used four different types of schemes posing as legitimate web investment and banking outlets, said SMU computer security expert Marie Vasek. ‘Our calculation is almost certainly low,’ said Vasek. ‘The amount lost is probably many millions more.’ —> Read More Here


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