Crime

Bitcoin

Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam

A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand.

Policy & regulation  ·  13 August 2018
Crime

Attacker Installs Crypto Mining Malware on Over 170,000 Devices

Coinhive was installed on more than 170,000 devices in Brazil last month.

Policy & regulation  ·  9 August 2018
Bitcoin

DEA Agent: Speculators Are Using Bitcoin More Than Criminals

Criminals were behind 90 percent of all cryptocurrency transactions five years ago – not anymore according to a DEA agent.

Policy & regulation  ·  8 August 2018
Crime

Researchers Discover Huge Crypto Scam Botnet on Twitter

Researchers have uncovered a large botnet that mimics legitimate accounts on Twitter to spread a cryptocurrency "giveaway" scam.

Policy & regulation  ·  7 August 2018
Bitcoin

Arizona Bitcoin Trader Gets Jail Sentence for Money Laundering

A former bitcoin trader from Arizona has been sentenced to 41 months in jail for laundering drugs money with crypto.

Policy & regulation  ·  2 August 2018
Crime

Korean Officials Probe Shipwreck ICO for Possible Fraud

Korean police are investigating a cryptocurrency startup claiming to be selling treasure from a sunken ship, the Korea Joongang Daily reported.

Policy & regulation  ·  31 July 2018
Crime

Crypto Mining CEO Said to Disappear With $35 Million In Funds

Crypto mining firm Sky Mining's CEO Le Minh Tam has reportedly stolen $35 million from investors and fled to America.

Policy & regulation  ·  30 July 2018
Crime

ICO Platform Promises Full Refund Following $7 Million Hack

Initial coin offering support platform KickICO lost $7.7 million in KICK tokens in a hack on Thursday, the company reported. 

Policy & regulation  ·  27 July 2018
Europe

Court Sentences Bitcoin Ransomware Creators to Community Service

The developers behind the CoinVault and BitCryptor ransomware were sentenced to 240 hours of community service in a Dutch court on Thursday.

Policy & regulation  ·  26 July 2018
Europe

Swiss Markets Authority Investigates Troubled $100 Million ICO

Swiss watchdog FINMA announced Thursday that it is investigating Envion AG for potentially breaking financial market rules with its ICO.

Policy & regulation  ·  26 July 2018
Crime

Crypto Stock Exchange Operator Pleads Guilty to Fraud

Jon Montroll, who ran the now-defunct bitcoin investment platform BitFunder, has pled guilty to securities fraud and obstruction of justice charges.

Policy & regulation  ·  23 July 2018
Crime

BitFunder Operator ‘Close to’ Plea Bargain in SEC Fraud Case

The operator of defunct bitcoin investment platform BitFunder is negotiating a plea deal over criminal charges laid against him by the SEC.

Policy & regulation  ·  20 July 2018
Bitcoin

Police Force Confiscates 295 Bitcoins from Criminal in UK First

A British county police force has become the first in the country to have successfully seized and sold bitcoins obtained in a criminal case.

Policy & regulation  ·  20 July 2018
Crime

Mining Malware Now a Bigger Threat Than Ransomware, Says Report

Illicit crypto-miners and ransomware have swapped places in popularity among cybercriminals, says a security firm.

Policy & regulation  ·  18 July 2018
Crime

Court Approves Alleged Bitcoin Money Launder’s Extradition to France

In a legal tug-of-war between France, Russia and the U.S., Greek courts have ruled in France's favour to take over custody of Alexander Vinnik.

Policy & regulation  ·  16 July 2018