UNSW Professor: Applying Blockchain for US Elections Can Reduce Voter Fraud

A Malaysian pensioner recently reported to the police that he was scammed three years ago for RM53,500 (about $12,521) by a non-existent bitcoin investment company. Mohd Wazir Mohd Yusof, director of the Pahang Commercial Crimes Investigation Unit, said the 60-year-old victim was allegedly stalked by a man calling him by a friend. The scammer told him that it would take about a year for the investment to distribute the dollar income to the victim's cryptocurrency account. The victim said he was happy with the request and sent RM26,500 from his account to the fraudster's account on November 28, 2017 and then sent back RM27,000 on January 24, 2018 in the second exchange. However, the victim said he had seen no benefit so far, lied and said he could no longer contact the man.