Scams, Frauds, and Hacks Scam Warning

One of the bad raps that Bitcoin has been getting is that it is used by criminals and money launderers. The truth is that although it can be, so is government issued money, and to a much greater degree. Bitcoin is only a tool, and like any tool it can be used or abused. This is space is dedicated to listing a summary of some of the more notable scams, frauds, and hacks of the Bitcoin community and, if possible, find a lesson to be learned from them. If you have information about a scam, fraud or hack that deserves to be listed on this page, please let us know.