Tag Archives: financial scams

Bitcoin Given Official Currency Status by Federal Judge

You can’t carry it in your wallet, or store it in a piggy bank, but Bitcoin is just as much a form of money as any physical bill or coin, so says the U.S. government. Just this week, a federal judge in Texas issued a ruling that declared Bitcoin—a digital currency with previously little legal Read more…

Not so Hack-tastic: Cyber Scams Cost Banks, and You, Millions

This year may just be deemed the era of the cyber security breach, with scores of online attacks running up millions of dollars in damages to a number of financial institutions. The tactics used range from revenge-focused “hacktivism” to illicit credit card scandals—a variety of scams that emphasize just how important it is to use Read more…