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Online scams are a huge problem in many industries and the emerging Bitcoin space is no exception.

Last week, CoinCorner was the target of an aggressive phishing scam on Facebook, with fraudsters creating more than 100 new business pages (https://www.facebook.com/search/pages/?q=coincorner) claiming to be the Bitcoin exchange and tagging genuine followers/friends/family of the company in misleading posts. With the same content used in each post, affected users were told that they had won a Bitcoin “bonus” and needed to follow a link to claim it.

This has since been resolved and customers are no longer at risk thanks to the host websites’ having removed the site after CoinCorner's team reported it. However, the situation has caused frustration due to the lack...

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