When Quadriga's CEO, Gerald Cotten, died in late 2018, the cryptocurrency exchange lost access to millions of dollars of cryptocurrency locked away in cold storage. His window claimed that the funds would be inaccessible unless a password or recovery key was found, but according to recent...
If you're reading this, you're probably desensitized to bad news about Facebook by now. But, according a recent report from Reveal, Facebook was allegedly involved in a class action lawsuit over duping "game-playing kids and their parents out of money," and this particular rabbit hole seems to...
The Wall Street Journal claims that Amazon has fired "several employees" for selling company data to independent merchants. According to Kitguru's interpretation of the report, the workers allegedly sold user email addresses, unbanned accounts, and deleted negative reviews for money, and...
Social media darling and Tesla CEO Elon Musk has been charged with fraud by the Securities and Exchange Commission (SEC) for a series of tweets in which he announced "Am considering taking Tesla private at $420. Funding secured." He later said that he was in talks with the Saudis to fund a bid...
What happens when you sell virtual shares of companies that require a bitcoin purchase and then sell those bitcoins off on the open market for real dollars and use that money for personal purchases? You are probably going to jail for a while. While we do not know if Jon Montroll is going to...
Apple co-founder Steve Wozniak is a forward looking guy, so it's no surprise that he had an interest in investing in Bitcoin. However, at the ET GBS Wozniak told the tale of how his own Bitcoins got stolen. India Times is reporting that Wozniak had 7 bitcoins stolen through fraud, "Somebody...
Researchers from Tel Aviv University and the University of Tulsa think they have proven beyond a doubt that Bitcoin prices have been fraudulently manipulated back in 2013 in order to push the value of from $150 to more than $1000 in two months. What is truly astounding about this is the...
Earlier this year a CenturyLink whistleblower claimed the company was engaging in fraudulent billing practices towards broadband customers. In order to get to get to the bottom of this the company fired the whistleblower (says the whistleblower) and formed a special committee of independent...
The Securities and Exchange Commission (SEC) has taken action for the first time against an initial coin offering utilizing it's new cyber fraud unit. According to the SEC, PlexCoin is nothing but a fraud and the person trying to get ICO money is a "recidivist securities law violator". If the...
As noted, WCCFTech has scoured two posts at Reddit (here and here), that show how they have purchased "fake" Ryzen processors from Amazon.
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People returning processors that are NOT what has been purchased has been going on since I started reviewing hardware 20 years ago...