Ransomware scams are on the rise: What cryptos need to know for SAR filing

November 2, 2020
FinCEN and OFAC released joint advisories warning businesses about an increase in ransomware scams, along with new instructions for Suspicious Activity Report (SAR) filing....

Crypto investment scams: what businesses need to know for consumer protection

September 28, 2020
First-time or existing customers may be vulnerable to fraudulent investment schemes that promise high returns that never materialize. Here are some red flags businesses...

Prize scams: What crypto businesses can do to prepare

September 14, 2020
First-time customers attempting to purchase cryptocurrency because they “won the lottery” or some other prize could be victims of a scam in progress. Here’s...

How check-cashing scams could be affecting your customers

September 7, 2020
If you run a crypto business, be on the lookout for signs of check-cashing scams. This old-fashioned fraud is as prevalent as ever. Even...

What is a ‘ticket scam’ and why do cryptos need to understand it?

August 17, 2020
This old-fashioned scam is more prevalent than you think — and your customers could be at risk. If you run a cryptocurrency exchange, kiosk...

How a ‘utility scam’ works and what crypto business owners need to know

August 10, 2020
Americans lose millions in utility scams each year, especially as winter approaches. More scammers are asking for cryptocurrency. BitAML is continuing its blog series...