RATE Group | Malta’s Financial Watchdog Warns of Repeat Offender Bitcoin Scam
67089
post-template-default,single,single-post,postid-67089,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Malta’s Financial Watchdog Warns of Repeat Offender Bitcoin Scam

31 Oct Malta’s Financial Watchdog Warns of Repeat Offender Bitcoin Scam

Posted at 10:43h in Bitcoin News by

[ad_1]

The Malta Financial Services Authority (MFSA) has warned of a new Bitcoin (BTC) scam that shares the same characteristics as a previously identified entity.

The watchdog issued its warning on Oct. 31.

Opportunity for fraud

The MSFA cautions the public that an entity dubbed “Bitcoin Future” appears to display “the same deceitful characteristics” as a separate scam, dubbed “Bitcoin Revolution,” for which it has already issued two public warnings this year.

The statement notes that such scam operations appear to constantly resurface on the web as adverts, switching their names to avoid detection. 

Suspicious adverts peddle false slogans such as “A way to build your life better” and a “Unique opportunity for Maltese,” the MSFA notes, pointing readers to specific URLs where these fake ads are currently hosted. The watchdog characterizes the culture and strategies of these exploits, noting that:

“Bitcoin Future is promoting itself by means of fake news articles which…

[ad_2]

Source link

Tags:
, , , , , , ,