HIVE Blockchain Warns Clients of Fraudsters Impersonating Them

HIVE Blockchain Technologies, the first cryptocurrency mining company with a green energy and ESG strategy, has issued a warning about a number of imposter groups that are pretending to be them and are involved in programs to defraud individuals.

According to the company, it has been contacted by a number of people who have been affected by this activity. Some have apparently lost the funds they “invested” with these unknown parties.

The impostors use HIVE Blockchain’s executive’s bios and pictures, in addition tthe company’s contact information. Some of the impostors’ sites advertise “Advanced Trade” and claim to practice advanced trading and return good profit to members.

Furthermore, some of the impostors are promoting investment through an app. HIVE Blockchain highlighted that they do not offer financial services and are not associated with any of these activities.

“There are a number of these sites which are impersonating HIVE. We are not going to link to these sites, and do not recommend attempting to find them,”the company stated.”Anyone else claiming to be us is a bad actor. The unknown parties operating these programs have their own web domains which are similar to ours.”

Last month, HIVE Blockchain announced that it has ordered 1,800 Antminer S19j Pro miners from Bitmain Technologies​, one of the leading manufacturers in the industry.