Blockchain.com Fake Websites - Revision history

Azoundria at 17:59, 2 May 2023

2023-05-02T17:59:11Z

← Older revision		Revision as of 11:59, 2 May 2023
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	{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/blockchaincomfakewebsites.php}}		{{Imported Case Study 2\|source=https://www.quadrigainitiative.com/casestudy/blockchaincomfakewebsites.php}}
	{{Unattributed Sources}}		{{Unattributed Sources}}

	[[File:Blockchaininfo.jpg\|thumb\|Blockchain.com]]Fake versions of the Blockchain.com website were set up to fool users. It is unknown how many users lost funds. The FCA issued a warning about such sites.		[[File:Blockchaininfo.jpg\|thumb\|Blockchain.com]]Fake versions of the Blockchain.com website were set up to fool users. It is unknown how many users lost funds. The FCA issued a warning about such sites.

	This is a global/international case not involving a specific country.		This is a global/international case not involving a specific country.<ref name="insidebitcoins-7912" /><ref name="fca-7913" /><ref name="blockchaindotcom-4728" /><ref name="bitdegree-4729" /><ref name="fca-7914" /><ref name="fca-7934" />
	<ref name="insidebitcoins-7912" /><ref name="fca-7913" /><ref name="blockchaindotcom-4728" /><ref name="bitdegree-4729" /><ref name="fca-7914" /><ref name="fca-7934" />

	== About Blockchain.com ==		== About Blockchain.com ==
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	!Description		!Description
	\|-		\|-
	\|November 20th, 2020 ~~12:00:00 AM~~		\|November 20th, 2020
	\|Main Event		\|Main Event
	\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.		\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.
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	\|		\|
	\|}		\|}

			== Technical Details ==
			This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

	== Total Amount Lost ==		== Total Amount Lost ==
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	== Ongoing Developments ==		== Ongoing Developments ==
	What parts of this case are still remaining to be concluded?		What parts of this case are still remaining to be concluded?
			== General Prevention Policies ==
			Always make sure that you are accessing websites using their official URL.
			== Individual Prevention Policies ==
			{{Prevention:Individuals:Placeholder}}

			{{Prevention:Individuals:End}}

			== Platform Prevention Policies ==
			{{Prevention:Platforms:Placeholder}}

			{{Prevention:Platforms:End}}

			== Regulatory Prevention Policies ==
			{{Prevention:Regulators:Placeholder}}

	== Prevention ~~Policies ==~~		{{Prevention:Regulators:End}}
	~~Always make sure that you are accessing websites using their official URL.~~

	== References ==		== References ==
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	<ref name="fca-7913">[https://www.fca.org.uk/news/warnings/blockchain-ltd-blockchain-refund-department-clone-fca-registered-emd-agent Blockchain Ltd / Blockchain Refund Department / Blockchain Access (clone of FCA registered EMD agent) \| FCA] (Dec 23, 2022)</ref>		<ref name="fca-7913">[https://www.fca.org.uk/news/warnings/blockchain-ltd-blockchain-refund-department-clone-fca-registered-emd-agent Blockchain Ltd / Blockchain Refund Department / Blockchain Access (clone of FCA registered EMD agent) \| FCA] (Dec 23, 2022)</ref>

	<ref name="blockchaindotcom-4728">[https://www.blockchain.com/wallet/ Blockchain.com Wallet - Store and Invest in Crypto] (Dec 23, 2021)</ref>		<ref name="blockchaindotcom-4728">[https://www.blockchain.com/wallet/ Blockchain.com Wallet - Store and Invest in Crypto] (Dec 24, 2021)</ref>

	<ref name="bitdegree-4729">[https://www.bitdegree.org/crypto/blockchain-wallet-review Blockchain Wallet Review: Learn How To Buy Bitcoin On Blockchain] (Dec 23, 2021)</ref>		<ref name="bitdegree-4729">[https://www.bitdegree.org/crypto/blockchain-wallet-review Blockchain Wallet Review: Learn How To Buy Bitcoin On Blockchain] (Dec 24, 2021)</ref>

	<ref name="fca-7914">[https://www.fca.org.uk/consumers/avoid-scams-unauthorised-firms/clone-firms-individuals Clone firms and individuals \| FCA] (Jun 4, 2022)</ref>		<ref name="fca-7914">[https://www.fca.org.uk/consumers/avoid-scams-unauthorised-firms/clone-firms-individuals Clone firms and individuals \| FCA] (Jun 4, 2022)</ref>

	<ref name="fca-7934">[https://www.fca.org.uk/news/warnings/blockchain-ltd-blockchain-refund-department-blockchain-access-clone-fca-registered-emd-agent Blockchain Ltd / Blockchain Refund Department / Blockchain Access (clone of FCA registered EMD agent) \| FCA] (Jun 5, 2022)</ref></references>		<ref name="fca-7934">[https://www.fca.org.uk/news/warnings/blockchain-ltd-blockchain-refund-department-blockchain-access-clone-fca-registered-emd-agent Blockchain Ltd / Blockchain Refund Department / Blockchain Access (clone of FCA registered EMD agent) \| FCA] (Jun 5, 2022)</ref></references>

Azoundria at 16:54, 22 February 2023

2023-02-22T16:54:48Z

← Older revision		Revision as of 10:54, 22 February 2023
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	{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/blockchaincomfakewebsites.php}}		{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/blockchaincomfakewebsites.php}}
			{{Unattributed Sources}}

	[[File:Blockchaininfo.jpg\|thumb\|Blockchain.com]]Fake versions of the Blockchain.com website were set up to fool users. It is unknown how many users lost funds. The FCA issued a warning about such sites.		[[File:Blockchaininfo.jpg\|thumb\|Blockchain.com]]Fake versions of the Blockchain.com website were set up to fool users. It is unknown how many users lost funds. The FCA issued a warning about such sites.

	This is a global/international case not involving a specific country.		This is a global/international case not involving a specific country.
			<ref name="insidebitcoins-7912" /><ref name="fca-7913" /><ref name="blockchaindotcom-4728" /><ref name="bitdegree-4729" /><ref name="fca-7914" /><ref name="fca-7934" />

	== About Blockchain.com ==		== About Blockchain.com ==
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	Don't Include:		Don't Include:

	* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.		* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
	* Anything that wasn't reasonably knowable at the time of the event.		* Anything that wasn't reasonably knowable at the time of the event.
Line 53:		Line 54:
	\|-		\|-
	\|November 20th, 2020 12:00:00 AM		\|November 20th, 2020 12:00:00 AM
	\|~~First~~ Event		\|Main Event
	\|~~This is an expanded~~ description of what happened and the impact. If multiple lines are necessary, add them here.		\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.
	\|-
	\|
	\|
	\|
	\|-		\|-
	\|		\|
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	== Total Amount Recovered ==		== Total Amount Recovered ==
	~~It is unknown how much was~~ recovered.		There do not appear to have been any funds recovered in this case.

	What funds were recovered? What funds were reimbursed for those affected users?		What funds were recovered? What funds were reimbursed for those affected users?
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	== References ==		== References ==
	[https://insidebitcoins.com/news/british-financial-watchdog-sounds-warning-on-phony-blockchain-com-website British Financial Watchdog Sounds Warning on Phony Blockchain.com Website - InsideBitcoins.com] (Dec 11)		<references><ref name="insidebitcoins-7912">[https://insidebitcoins.com/news/british-financial-watchdog-sounds-warning-on-phony-blockchain-com-website British Financial Watchdog Sounds Warning on Phony Blockchain.com Website - InsideBitcoins.com] (Dec 11, 2022)</ref>

	[https://www.fca.org.uk/news/warnings/blockchain-ltd-blockchain-refund-department-clone-fca-registered-emd-agent Blockchain Ltd / Blockchain Refund Department / Blockchain Access (clone of FCA registered EMD agent) \| FCA] (Dec 23)		<ref name="fca-7913">[https://www.fca.org.uk/news/warnings/blockchain-ltd-blockchain-refund-department-clone-fca-registered-emd-agent Blockchain Ltd / Blockchain Refund Department / Blockchain Access (clone of FCA registered EMD agent) \| FCA] (Dec 23, 2022)</ref>

	[https://www.blockchain.com/wallet/ Blockchain.com Wallet - Store and Invest in Crypto] (Dec 23)		<ref name="blockchaindotcom-4728">[https://www.blockchain.com/wallet/ Blockchain.com Wallet - Store and Invest in Crypto] (Dec 23, 2021)</ref>

	[https://www.bitdegree.org/crypto/blockchain-wallet-review Blockchain Wallet Review: Learn How To Buy Bitcoin On Blockchain] (Dec 23)		<ref name="bitdegree-4729">[https://www.bitdegree.org/crypto/blockchain-wallet-review Blockchain Wallet Review: Learn How To Buy Bitcoin On Blockchain] (Dec 23, 2021)</ref>

	[https://www.fca.org.uk/consumers/avoid-scams-unauthorised-firms/clone-firms-individuals Clone firms and individuals \| FCA] (Jun 4)		<ref name="fca-7914">[https://www.fca.org.uk/consumers/avoid-scams-unauthorised-firms/clone-firms-individuals Clone firms and individuals \| FCA] (Jun 4, 2022)</ref>

	[https://www.fca.org.uk/news/warnings/blockchain-ltd-blockchain-refund-department-blockchain-access-clone-fca-registered-emd-agent Blockchain Ltd / Blockchain Refund Department / Blockchain Access (clone of FCA registered EMD agent) \| FCA] (Jun 5)		<ref name="fca-7934">[https://www.fca.org.uk/news/warnings/blockchain-ltd-blockchain-refund-department-blockchain-access-clone-fca-registered-emd-agent Blockchain Ltd / Blockchain Refund Department / Blockchain Access (clone of FCA registered EMD agent) \| FCA] (Jun 5, 2022)</ref></references>

Azoundria: Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/blockchaincomfakewebsites.php}} Blockchain.comFake versions of the Blockchain.com website were set up to fool users. It is unknown how many users lost funds. The FCA issued a warning about such sites. This is a global/international case not involving a specific country. == About Blockchain.com == "The world’s most popular crypto wallet. Over 80 million wallets..."

2023-01-25T19:13:45Z

Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/blockchaincomfakewebsites.php}} thumb|Blockchain.comFake versions of the Blockchain.com website were set up to fool users. It is unknown how many users lost funds. The FCA issued a warning about such sites. This is a global/international case not involving a specific country. == About Blockchain.com == "The world’s most popular crypto wallet. Over 80 million wallets..."

New page

{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/blockchaincomfakewebsites.php}}

[[File:Blockchaininfo.jpg|thumb|Blockchain.com]]Fake versions of the Blockchain.com website were set up to fool users. It is unknown how many users lost funds. The FCA issued a warning about such sites.

This is a global/international case not involving a specific country.

== About Blockchain.com ==
"The world’s most popular crypto wallet. Over 80 million wallets created to buy, sell, and earn crypto." "As they say, not your keys, not your crypto. Blockchain.com Private Key Wallets are the most widely-used wallets for self-custody of your crypto. We make it easy for people who are ready to control their private keys to hold them with a Secret Private Key Recovery Phrase." "When it comes to ensuring that your crypto is secure, we think about every last detail so you don’t have to."

"The FCA explained that Blockchain.com operates under the umbrella of Blockchain Access U.K. Ltd and Modulr FS Limited, its principal entity. The firm had gotten approval to work in the United Kingdom, making the phony actors in direct violation of British financial law."

"Yesterday, the Financial Conduct Authority (FCA) announced in a report that phony actors had impersonated Blockchain.com, a notable trading and wallet provider."

“Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. This firm is not authorised or registered by us but has been targeting people in the U.K., claiming to be an authorised firm.”

"Along with the details of the real Blockchain.com’s parent companies, the FCA also added some available contact details of the phony actors. The agency also warns investors to be careful of anyone who contacts them and claims to be from Blockchain.com."

This is a global/international case not involving a specific country.

The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.

Include:

* Known history of when and how the service was started.
* What problems does the company or service claim to solve?
* What marketing materials were used by the firm or business?
* Audits performed, and excerpts that may have been included.
* Business registration documents shown (fake or legitimate).
* How were people recruited to participate?
* Public warnings and announcements prior to the event.

Don't Include:

* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
* Anything that wasn't reasonably knowable at the time of the event.
There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.

== The Reality ==
This sections is included if a case involved deception or information that was unknown at the time. Examples include:

* When the service was actually started (if different than the "official story").
* Who actually ran a service and their own personal history.
* How the service was structured behind the scenes. (For example, there was no "trading bot".)
* Details of what audits reported and how vulnerabilities were missed during auditing.

== What Happened ==
The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.
{| class="wikitable"
|+Key Event Timeline - Blockchain.com Fake Websites
!Date
!Event
!Description
|-
|November 20th, 2020 12:00:00 AM
|First Event
|This is an expanded description of what happened and the impact. If multiple lines are necessary, add them here.
|-
|
|
|
|-
|
|
|
|}

== Total Amount Lost ==
The total amount lost is unknown.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

== Immediate Reactions ==
How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

== Ultimate Outcome ==
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

== Total Amount Recovered ==
It is unknown how much was recovered.

What funds were recovered? What funds were reimbursed for those affected users?

== Ongoing Developments ==
What parts of this case are still remaining to be concluded?

== Prevention Policies ==
Always make sure that you are accessing websites using their official URL.

== References ==
[https://insidebitcoins.com/news/british-financial-watchdog-sounds-warning-on-phony-blockchain-com-website British Financial Watchdog Sounds Warning on Phony Blockchain.com Website - InsideBitcoins.com] (Dec 11)

[https://www.fca.org.uk/news/warnings/blockchain-ltd-blockchain-refund-department-clone-fca-registered-emd-agent Blockchain Ltd / Blockchain Refund Department / Blockchain Access (clone of FCA registered EMD agent) | FCA] (Dec 23)

[https://www.blockchain.com/wallet/ Blockchain.com Wallet - Store and Invest in Crypto] (Dec 23)

[https://www.bitdegree.org/crypto/blockchain-wallet-review Blockchain Wallet Review: Learn How To Buy Bitcoin On Blockchain] (Dec 23)

[https://www.fca.org.uk/consumers/avoid-scams-unauthorised-firms/clone-firms-individuals Clone firms and individuals | FCA] (Jun 4)

[https://www.fca.org.uk/news/warnings/blockchain-ltd-blockchain-refund-department-blockchain-access-clone-fca-registered-emd-agent Blockchain Ltd / Blockchain Refund Department / Blockchain Access (clone of FCA registered EMD agent) | FCA] (Jun 5)