Ethfinance Under Fire: Washington Watchdog Issues Fraud Alert

Quick Summary:

Washington state regulators are investigating Ethfinance, a crypto trading platform, after a local investor reported losing a staggering $310,000.

The case raises red flags about potential crypto scams preying on unsuspecting victims through social media.

The investor, rightfully wary, refused to send more money and has since been locked out of their account, unable to access their invested funds.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: Hungary

Topics: Crypto Fraud Ethfinance Crypto Scam Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-14 @ 15:00:06 (6 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 397 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 21254666

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 13 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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