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An alleged crypto scam involving a bank called Polybius is headed to court

The Verge LogoThe Verge3d ago

An alleged crypto scam involving a bank called Polybius is headed to court - The Verge

Quick Summary:

Potapenko, Turõgin, and the others allegedly told some customers that instead of getting a physical machine, they’d get a share of profits from a sort of mining-in-the-cloud pool the company was running.

By 2015, though, the indictment says that HashCoins had customers who were unhappy that they hadn’t received the mining equipment they’d purchased.Enter HashFlare.

As for the victims of the alleged scheme, the FBI is asking people who transacted with HashFlare to fill out a form with information on how much money they spent with the company.


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Article Details

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-23 @ 19:47:43 (3 days ago)

News Timezone: GMT -5:00

Ranking: #718 (out of 2942 stories this day)

News Source URL: news.google.com

Language: English

Article Length: 601 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Verge

News ID: 1894292

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Official Website: theverge.com

Update Frequency: 13 posts per day

Year Established: 2011

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News Last Updated: 11 hours ago

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Publisher ID: #31

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