Bitcoin Stack Exchange
Bitcoin Stack Exchange

Questions tagged [fraud]

Fraud is the use of intentional deception for financial gain.

220 questions
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If someone wanted to pretend to be Satoshi by posting a fake signature to defraud people how could they?

If a random fraudster wanted to post a bunch of mysterious ECDSA signatures that the public would believe came from Bitcoin's creator, in order to disrupt the Bitcoin market, extract money from people, or otherwise convince people to listen to them.…
G. Maxwell
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How do I recover from a cryptocurrency scam?

I lost about $45,000 to crypto investment scam just recently. The company posed as an investment company that could deliver a certain percentage in returns if you deposit your Bitcoin with them. At first, it seemed real, it worked twice. I didn't…
Michael Mason
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6 answers

Is Bitcoin a scam?

Adam Cohen of SeatGeek called Bitcoin a "scam". Other people have compared Bitcoin to a Ponzi or pyramid scheme. Can Bitcoin be considered a scheme to defraud people?
eMansipater
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Are there any fundamental security vulnerabilities in Bitcoin?

Although Bitcoin does its best to prevent double-spending, could it still happen in practice? Is it just very unlikely that fraud could happen, or is there a mathematical proof that it could never happen?
Jez
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6 answers

Recipient has “not received” the Bitcoin I sent, but the transaction is confirmed

I sent bitcoins to the address I was given (double checked). The recipient is claiming they did not receive it. I sent them a different payment yesterday at 8:30p and they didn't get it until 4:00am so could there be a lag also with this payment? Or…
Cccc1234
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1 answer

Is there a 'BTC Refund Department'?

I have been scammed 6 months ago. Now someone is calling me from BTC REFUND DEPARTMENT. He said that I have under my name the bitcoins that have been scammed. But the way to take this amount is to synchronise my wallet with the address that the…
Ioanna Arsi
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Why is Bitcoin so susceptible to credit card fraud?

I understand that you can't buy Bitcoins with a credit card due to massive fraud problems involving chargebacks. Why is Bitcoin more susceptible to this then the thousands of other businesses that take credit card payments for non-physical products…
Canageek
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Did I just get defrauded by Coinbase?

I bought 10 bitcoins, 4.5, and .4 on Oct 18/19 @ around $150-160. On Oct 24, within almost the hour that the coins were supposed to arrive, I receive the following email for all 3 transactions: On Oct 18, 2013 you purchased 10.00 BTC via bank…
Concerned
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What are the most notable cases of Bitcoin scams?

Bitcoins can be easily used to scam people out of their money due to the inability to perform charge-backs. What are the most notable cases of Bitcoin scams that are known?
ThePiachu
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Can Bitcoin help people commit money laundering?

I don't have enough knowledge pertaining to the Bitcoin mechanism. Can Bitcoin help people commit money laundering?
kiss my armpit
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6 answers

How to answer to whether Bitcoin is a Ponzi scheme?

I was asked whether Bitcoin is a Ponzi scheme as I was explaining Bitcoin. In support of the question I was presented with the following scenario. I didn't know what to answer. Let's assume Bitcoin started today and had no transactions and no…
Jayrok
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3 answers

Do faucets actually work?

Doing a simple Google search shows that there are many places on the Internet that say that they give out free bitcoins. All you need to do is give them your deposit address and confirm that you're not a robot, and boom, free bitcoins! Do "faucets"…
user6398
11
votes
1 answer

Bitcoin automatically diverted to bech32 address

I sent bitcoin to an address starting 3Cn using Electrum but the blockchain viewers seem to show that it has gone to an address beginning bc1 as shown in the link below. Transaction Viewer How can this happen? Is there a way I can recover the funds?
S.Brown
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Should I continue using this Bitcoin Doubler?

I saw an advertisement of CryptoX2 recently, and tested out the website. They promise to double deposits within 24 hours. The first time I used it, they paid me fully, and the second time worked too, but I have heard a lot of stories about similar…
amandahall
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3 answers

Should I start to buy OneCoin?

I am a professional software engineer and freelancer. I have heard about Bitcoin (and recently OneCoin) a long time ago, but I was not interested to indulge in this business. Now, a few days ago a friend of mine told me that he has started this…
Pir Fahim Shah
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