Tag Archives: scam

Million Dollar MyBTGWallet Scam

BitcoinWhosWho received multiple reports about a global bitcoin scam run by “mybtgwallet.com”. The total received by the addresses reported so far exceeds 261 BTC.

Actual accounts taken from selected scam reports

This site was listed on the official bitcoingold.org website as a wallet provider. It has since been removed…

Phished the mnemonic seed and stole many people’s coins. The site was linked from official bitcoin gold website.

Continue reading Million Dollar MyBTGWallet Scam

The arbX Digital Ponzi Scheme Exit

We received multiple scam reports of a likely 3000 BTC ponzi exit in South Africa yesterday. Jonathan Weltman, founder of arbX Digital (@arbXdigital), informed his investors he lost all funds via email a few days after the twittersphere erupted with complaints about no redemptions or communications.

From one informant.

arbX ran a crypto fund doing mostly arbitrage. Just a few days ago the founder sent out emails to all investors explaining how he has lost all funds Continue reading The arbX Digital Ponzi Scheme Exit

The Austin Cain Facebook Scam

We received multiple reports of a bitcoin scam run by “Austin Cain” on Facebook going dark this week. It sounds like a classic ponzi scheme exit.

This is one of the “Invest Coins with Austin” addresses 1FXNLk9BVUt7fCHuu8GQtSCukR4CiyYA6D with total received balance of 39.84 BTC. The Facebook group is no longer accessible. It appears the ponzi is over and Austin is on the run. One of our informants has reported him to the Australian Cybercrime Online Reporting Network (ACORN).

You can run but it’s hard to hide forever on the Bitcoin blockchain Austin.

These are some other of his scam addresses Continue reading The Austin Cain Facebook Scam