Crime

Crime

Buddhist Monks Said to Be Targeted by Bitcoin Pyramid Scheme

A bitcoin-focused pyramid scheme appears to have targeted Buddhist meditation practitioners in Thailand, according to a local news source.

Policy & regulation  ·  22 June 2017
Crime

NSA ‘DoubleStar’ Backdoor Blamed for Cryptocurrency Mining Malware

A type of cryptocurrency mining malware has spread due to an exploit developed by the US National Security Agency.

Policy & regulation  ·  21 June 2017
Bitcoin

South Korean Government to Auction $540k in Bitcoin

The South Korea government plans to auction 216 bitcoins that it confiscated during a 2016 criminal investigation.

Policy & regulation  ·  16 June 2017
Hacking

Swift Says Hackers Can Unite Banks and Blockchain Disruptors

Long a target of blockchain disruptors, the ultimate banking middleman, Swift, is looking to re-position itself as part of the fight against hackers.

Policy & regulation  ·  15 June 2017
Exchanges

Bitcoin Experts to Congress: Overseas Exchanges Are Enabling Cybercrime

A hearing at US congressional subcommittee yesterday saw discussion of the role cryptocurrencies play in cybercrime.

Policy & regulation  ·  9 June 2017
Crime

US Army Guardsmen Convicted for Bitcoin Credit Card Fraud

Two members of the US Army National Guard have been convicted of running a credit card fraud scheme involving bitcoin.

Policy & regulation  ·  9 June 2017
Crime

Judges Shoot Down Silk Road Operator’s Appeal Bid

Ross Ulbricht, who was sentenced to life in prison in 2015 for operating the now-defunct dark market Silk Road, has lost his appeal.

Policy & regulation  ·  31 May 2017
Crime

Belize Accuses OneCoin Promoter of Illegal Trading

The government of Belize has issued a cease-and-desist order to one of the main promoters of OneCoin.

Policy & regulation  ·  30 May 2017
Bitcoin

The World Is Watching: Can WannaCry’s Creators Cash Out Their Bitcoin Ransom?

Bitcoins amassed by those behind the huge malware attack are being watched by the authorities. Can they retrieve the funds and not get caught?

Policy & regulation  ·  18 May 2017
Crime

US National Security Advisor: Bitcoin Needs to Be Understood, Not Feared

A US think tank that advises the US government is exploring the threats bitcoin poses to national security, but also its benefits.

Policy & regulation  ·  17 May 2017
Crime

UK’s National Health Service Hit in Global Ransomware Wave

Multiple outlets are reporting a wave of ransomware attacks affecting the UK’s National Health Service as well as other firms throughout the world.

Policy & regulation  ·  12 May 2017
Crime

Ex-FBI Chief: Virtual Currencies Hinder Criminal Investigations

The Federal Bureau of Investigation's work is being hampered by the criminal use of virtual currencies.

Policy & regulation  ·  11 May 2017
Regulation

UN Agency Launches Cryptocurrency Cybercrime Training

The United Nations agency dedicated to fighting drug trafficking and organized crime has developed a new cryptocurrency training program.

Policy & regulation  ·  11 May 2017
Crime

More German Prosecutors Join OneCoin Investigations

Regional prosecutors in Germany are investigating a payment processor connected to OneCoin.

Policy & regulation  ·  10 May 2017
Regulation

Hungary’s Central Bank Organizes Task Force Against OneCoin

Hungary's government has set its sights on OneCoin, a digital currency investment scheme widely believed to be fraudulent.

Policy & regulation  ·  9 May 2017