In 2016, Spike Lee called Chance the Rapper a fraud, according to XXL Magazine . Today, there’s someone out there that uses his name — and there’s no question that it’s a fraud. A new report released by CBS News revealed that a Chicago-area man has been using the rapper’s name to defraud unsuspecting women out of tens of thousands of dollars. The man, who is going by the pseudonym Jeffrey Washington, has been claiming that he’s working with CEDA (Community and Economic Development Association), together with Chance the Rapper, to help people “pay off financial obligations.” These financial obligations include mortgages, utility bills, and car insurance. But there’s just one problem with the scam: CEDA doesn’t cover what the scammer claims it covers. Instead, according to its official website, CEDA provides “heating and cooling assistance” to low-income residents of Chicago. And while the not-for-profit doesn’t provide mortgage assistance, it does provide assistance with affordable...

Two South African brothers have reportedly vanished from the public, and their disappearance may have caused Bitcoin worth $3.6 billion from their cryptocurrency investment platform to vanish as well. According to a report from Bloomberg, investors of Africrypt’s platform have hired a Cape Town law firm to investigate the brothers’ disappearance after reporting that the pair cannot be located at this time. An elite police unit called The Hawks has also been alerted as this could possibly be part of the biggest-ever dollar loss in a cryptocurrency scam. Crypto-exchanges across the globe have also been informed of the incident should any attempt to convert the digital coins be made amid their disappearance. Bloomberg reports that Bitcoin’s value has surged over the last year, but nearly 69,000 coins — worth more than $4 billion at their April peak — could now be lost. Amid the rising cases of fraud in cryptocurrency, this could trigger more regulation efforts to restore order in the...