A lawsuit was filed against Domains by Proxy for assistance in a fraudulent scheme with BTC – Bits Media

Asset managers BTC Capital Management sued the Domains by Proxy domain supplier Domains, Having accused the company of mediation of a fraudulent scheme with bitcoin.

In the lawsuit, submitted by the BTC Capital Management Investment Company in the U.S. District Court of the Southern District Iow, indicated, what Internet company Domains by proxy, providing confidential domain names, used to create a fraudulent scheme with BTC. The plaintiff claims, that a certain John Dow (John doe) used the services of Domains by proxy, to register a fake site for organizing a similar name - Bitcoin Capital.

The attacker posted on him the names and photos of the BTC Capital Management team, and also indicated the actual address BTC Bitcoin Capital, located in the city of de-Moin. A fake business registration certificate has been published on a fake site, Information from the official portal BTC Capital Management is also duplicated there. The company's management has stated, that scammers act on her behalf, misleading potential investors and convincing them to invest in bitcoin.

BTC Capital Management learned about the fraudulent scheme last fall, When I began to receive phone calls from the victims about their account at Bitcoin Capital. One of the users lost in this scam about $300 000. The company announced a fake site in the cybercrime department of the Federal Bureau of Investigation (FBI) and sent five requests to Domains by proxy with a request to solve this problem. However, Domains by proxy ignored these requests. The investment company is seeking a judicial ban on the further use of its information, as well as compensation for damage caused.

Recall, that recently hackers managed to steal more $15 million in various cryptocurrencies through the website, imitating the Hitbtc cryptocurrency exchange page. In connection with the frequent cases of fraud, Last year, the Polkadot team launched a program to search for fraudulent sites, phishing applications and fake profiles in social networks, masking under Polkadot.