Cloud mining services do not have the best of reputations in the world of Bitcoin and virtual currency. Most of these cloud mining companies have been struggling to make ends meet, which can be partially blamed on the low Bitcoin price. On the other hand, there have been quite a few cloud mining services who have turned out to be Ponzi schemes. It looks like Scrypt.cc has deliberately made some wrong moves to defraud customers in the past few days.
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Scrypt.cc – Recovering From a Hack and Loss of 3,500 BTC
Most people were not surprised when Scrypt.cc announced their platform got hacked a few months ago. Cloud mining companies attract a lot of attention from investors, but also from hackers and people with less than honorable intentions. With the platform keeping a large portion of funds in their hot wallet, it was only a