Crime

Exchanges

Korea’s Crypto Crackdown Talk Draws Backlash From Users and Politicians

South Korea's citizens reacted angrily to a proposed ban on cryptocurrency exchanges, with politicians and residents alike condemning the move.

Policy & regulation  ·  12 January 2018
Exchanges

Former Customers Sue Crypto Exchange Vircurex Over Frozen Funds

Former Vircurex customers are suing the exchange, four years after it first froze their funds and allegedly failed to repay them.

Policy & regulation  ·  12 January 2018
Ethereum Mining

Prosecutors File Charges in Alleged $250 Million Crypto Mining Fraud

Authorities in South Korea have reportedly filed suit against a U.S. cryptocurrency mining firm, alleging a multi-million dollar fraud.

Policy & regulation  ·  21 December 2017
Crime

Tether to Launch New Platform Following Hack

Tether, a startup that provides a dollar-pegged token, has said it plans to launch a new platform following a claimed security breach in November.

Policy & regulation  ·  21 December 2017
Crime

US Government to Sell Off $10 Million in Seized Bitcoin and Bitcoin Cash

U.S. prosecutors in the state of Utah are moving to sell millions of dollars-worth of cryptocurrencies seized in an opioid drug case.

Policy & regulation  ·  15 December 2017
New York

DOJ Alleges Bitcoin Involved in Attempted ISIS Funding

Prosecutors have accused a New York woman of using credit cards to purchase bitcoin and then launder those funds to send money to ISIS.

Policy & regulation  ·  14 December 2017
Crime

Court Approves U.S. Extradition for Alleged BTC-e Operator

A Greek court has given the green light for the U.S. extradition of Alexander Vinnik, the alleged former operator of bitcoin exchange BTC-e.

Policy & regulation  ·  14 December 2017
Ether

Man Stole $1.8 Million in Ether After Armed Robbery, Prosecutors Say

New York prosecutors have filed charges against a man alleged to have been involved in the theft of more than $1.8 million worth of ether.

Policy & regulation  ·  13 December 2017
Crime

NiceHash CEO Confirms Bitcoin Theft Worth $78 Million

Cryptocurrency mining marketplace NiceHash has confirmed that yesterday’s hack resulted in the loss of over 4,700 BTC.

Policy & regulation  ·  7 December 2017
Bitcoin

The Bulgarian Government Is Sitting on $3 Billion in Bitcoin

Bulgarian authorities seized more than 200,000 bitcoins from criminals back in May, an amount which now has a total value of more than $3 billion.

Policy & regulation  ·  7 December 2017
Crime

Detroit Bitcoin Trader Gets Jail Time for Unlicensed Money Business

A Detroit resident was sentenced Monday to 366 days in jail for operating an unlicensed money services business involving bitcoin.

Policy & regulation  ·  5 December 2017
Crime

Alleged ICO Fraudster Pleads Not Guilty in New York Court

A New York businessman charged with defrauding investors in two initial coin offerings (ICOs) plead not guilty in court last week.

Policy & regulation  ·  4 December 2017
Crime

SEC Files Fraud Charges Against ICO Organizer

The U.S. Securities and Exchange Commission has filed charges against two organizers of a $15 million initial coin offering.

Policy & regulation  ·  4 December 2017
Crime

ICE Agent: Cryptocurrencies Increasingly Used in Money Laundering

A U.S. Immigration and Customs Enforcement agent mentions mixing services at exchanges and anonymity-enhancing currencies in Senate testimony.

Policy & regulation  ·  30 November 2017
Hacking

Blockstack Counterattacked a Phishing Attempt on Its ICO

When phishing sites tried to con investors during its recent ICO, Blockstack used its tech expertise to turn the tables on the tricksters.

Policy & regulation  ·  30 November 2017