Pig Butchering Scams: Victims May Have Recovery Options
A new scam known as “pig butchering” may have cost victims more than $75 billion, according to a study described in Time. MDF Law is investigating the perpetrators of pig butchering scams, which often lure investors into transferring assets on cryptocurrency exchanges such as Coinbase. If you lost money to scammers, contact us for a […]
Bitcoin’s 21 Million Cap Can be Hacked
Bitcoin is supposed to have a cap of 21 million tokens, but that cap can be hacked. Value Overflow Incident of 2010: The first incident occurred in 2010 when an unknown hacker was able to generate 184 billion Bitcoins. The incident exposed a bug that would have allowed a remote hacker to bypass the 21 […]
Did You Invest with BKCoin Management?
On March 6, 2023, the Securities and Exchange Commission (SEC) announced action against Miami-based investment adviser BKCoin Management LLC and one of its principals, Kevin Kang, for allegedly defrauding investors in a crypto asset fraud scheme. BKCoin Management Was a Ponzi Scheme In a complaint filed under seal on February 23, 2023, and unsealed on […]
Sim Swap Lawyer: Crypto Theft Can be Traced Back to Sim Card Swap
Sim swap lawyers can help SIM swap victims recover stolen cryptocurrency by suing AT&T, Verizon, T-Mobile, Coinbase, Gemini and Biance. If crypto was stolen because your mobile carrier provided your sim card to someone else – you may be able to sue to recover your losses. Please contact our attorneys at 800-767-8040 for a free […]
Did You Invest in Zima Digital Assets Through Art Hoffman?
Former Glendale, Arizona broker Art Hoffman (CRD# 3193754) has been named in a Securities and Exchange Commission (SEC) complaint alleging he defrauded his clients. According to his Financial Industry Regulatory Authority (FINRA) BrokerCheck report, accessed on March 15, 2022, he was registered with Ameriprise Financial Services until he was permanently barred from acting as a […]
Protecting Yourself From a Bitcoin Ponzi Scheme
Bitcoin Ponzi schemes hit an all-time high in 2021 compared to a year earlier, hitting a record-high of 14 billion in total crypto assets stolen dollars. Some of the scams were perpetrated technologically, utilizing programmatic means to swindle money from investors due to some bug in the underlying cryptocurrency technology. But a primary way of […]