Crime

Crime

New Zealand Watchdog Warns Investors Over Marketplace ICO

New Zealand's financial markets watchdog has warned citizens from investing in an initial coin offering for an online marketplace.

Policy & regulation  ·  29 November 2017
Crime

Bitcoin Gold Wallet Scam Nets $3 Million in Illicit Earnings

A scammer successfully made more than $3 million after getting the private keys to bitcoin gold users' wallets during the fork's launch period.

Policy & regulation  ·  22 November 2017
Crime

Blockchain Has Potential in Curbing Odometer Fraud: EU Report

The European Parliament has released a research paper that touts blockchain in the prevention of odometer fraud or "clocking."

Policy & regulation  ·  21 November 2017
Europe

Alleged Bitcoin Launderer Faces Extradition Hearing Next Month

An alleged money laundered tied to the BTC-e bitcoin exchange and wanted by both Russia and the U.S. will attend an extradition hearing next month.

Policy & regulation  ·  15 November 2017
Crime

CoinHive Cryptocurrency Miner Is 6th Most Common Malware, Says Report

Cyber-security solutions provider Check Point Software has said that the threat from cryptocurrency mining malware is rapidly growing.

Policy & regulation  ·  14 November 2017
Bitcoin

US Treasury Secretary: We’re Looking ‘Carefully’ at Illicit Uses of Bitcoin

The U.S. Secretary of the Treasury, Steven Mnuchin, has said his department is looking into the illegal uses of cryptocurrencies such as bitcoin.

Policy & regulation  ·  10 November 2017
Bitcoin

More Charges Filed Against Trader Who Used Bitcoin to Conceal Fraud

A Philadelphia day trader was formally indicted for money laundering using bitcoin, among other crimes.

Policy & regulation  ·  9 November 2017
Police Investigations

Canadian Police Issue Warning Over Bitcoin Tax Scam

Police in York, Canada, have warned of a tax scam after over 40 people were convinced to send money via bitcoin ATMs.

Policy & regulation  ·  9 November 2017
Crime

Wall Street Exec Sued for Role in Fraudulent Cryptocurrency Scheme

Investors in GAW Miners sued Stuart Fraser for his role at the defunct firm following a guilty plea of wire fraud by his longtime partner, Josh Garza.

Policy & regulation  ·  9 November 2017
Crime

Secret Service Agent Gets Extra Jail Time Over Theft of Silk Road Bitcoin

A former U.S. Secret Service agent has been given an additional prison term for laundering Silk Road bitcoin stolen from a U.S government wallet.

Policy & regulation  ·  8 November 2017
Crime

Vatican Address to Highlight Bitcoin Use in Slave Trade

The Vatican is soon to host an address on how bitcoin and other cryptocurrencies are being used in the modern-day slave trade. To be held today at the Pontifical Academy of Social Sciences (PASS) in the headquarters of the Roman Catholic Church, the talk by Bank of Montreal senior manager Joseph Mari is to provide […]

Business  ·  5 November 2017
Crime

US Government Arrests and Charges Alleged ICO Fraudster

New charges have been filed against a New York businessman accused in September of defrauding investors through two initial coin offerings (ICOs).

Policy & regulation  ·  2 November 2017
Bitcoin

SEC Alleges Day Trader Used Bitcoin to Hide Fraud Profits

The SEC is suing a Philadelphia day trader for alleged fraud, claiming the individual used bitcoin to hide the profits they generated.

Policy & regulation  ·  31 October 2017
Bitcoin

Arkansas Sheriff’s Office Mines Bitcoin to Fuel Dark Web Investigations

A sheriff's office based in Arkansas is taking a novel approach to its investigations into online crime: mining bitcoin.

Policy & regulation  ·  30 October 2017
Bitcoin

Michigan Man Charged for Unlawful Bitcoin Exchange

A Michigan man has been charged with running an unlicensed money transmitting business after selling more than $150,000 in bitcoin.

Policy & regulation  ·  27 October 2017