Crime

Bitcoin

Bitcoin Cloud Mining Service Collapse Exposes Customer Data

A bitcoin mining service called Cloudminr.io has collapsed, resulting in the loss of bitcoins and the broadcasting of personal user information.

Policy & regulation  ·  13 July 2015
Crime

Secretive Hacking Group Targeted Bitcoin Firms, Research Shows

A secretive hacking group known as Wild Neutron has targeted a range of businesses worldwide including bitcoin companies.

Policy & regulation  ·  9 July 2015
Crime

New Jersey Casinos Face Bitcoin Ransom Threats

New Jersey-based online casinos were hit with distributed denial-of-service attacks and faced additional threats unless they paid a bitcoin ransom.

Policy & regulation  ·  8 July 2015
Crime

Bitcoin Poker Boss Pleads Guilty to Nevada Gaming Charge

The former operator of a bitcoin poker site has plead guilty to one count of operating an unlicensed gambling site in the state of Nevada, reports say. Having avoided a maximum sentence of 10 years in prison, Bryan Micon, who ran the now-defunct Seals with Clubs, will have to pay a $25,000 fine and serve a probation term, VegasInc reports. […]

Policy & regulation  ·  7 July 2015
Crime

Former Silk Road DEA Agent Pleads Guilty to Bitcoin Theft

Former DEA agent Carl Mark Force IV has admitted stealing over $700,000 worth of bitcoin whilst running the Baltimore Silk Road investigation.

Policy & regulation  ·  2 July 2015
Exchanges

Details of $5 Million Bitstamp Hack Revealed

Six employees of bitcoin exchange Bitstamp were targeted in a phishing attack leading up to the theft of roughly $5m in bitcoin, an unconfirmed report claims.

Policy & regulation  ·  1 July 2015
Bitcoin

Mining Malware Developer Settles with Federal Trade Commission

A cryptocurrency mining malware developer has settled with the US Federal Trade Commission (FTC) and the New Jersey Attorney General's Office.

Policy & regulation  ·  29 June 2015
Exchanges

FATF: Regulate Virtual Currency Exchanges to Counter Crime Risks

Digital currency exchanges and gateways need to be tightly regulated to prevent money laundering and terrorism financing, says the latest FATF report.

Policy & regulation  ·  26 June 2015
UK

Welshman Pleads Guilty to Silk Road 2.0 Drug Offences

A 29 year-old man in Wales has pleaded guilty to five drug charges related to the Silk Road 2.0 marketplace, but did not make a deal with prosecutors.

Policy & regulation  ·  24 June 2015
Crime

FBI: Recent Bitcoin Ransomware Losses Top $18 Million

The FBI has received reports of more than $18m in losses in the past year stemming from the spread of bitcoin ransomware Cryptowall.

Policy & regulation  ·  23 June 2015
Crime

DEA Agent Makes Plea Deal in Silk Road Corruption Case

Carl Mark Force IV, the other DEA agent accused of corruption in the Silk Road investigation, has reportedly struck a plea deal with prosecutors.

Policy & regulation  ·  23 June 2015
Crime

Bitcoin in the Headlines: Sex, ‘Dope’ and Greek Tragedy

Bitcoin could do no right this week as its use cases took a back seat to its still-prevalent association with the dark web.

Markets  ·  19 June 2015
Crime

Secret Service Agent to Plead Guilty for Silk Road Violations

US Secret Service agent Shaun Bridges will plead guilty to charges of money laundering and fraud stemming from the investigation of Silk Road.

Policy & regulation  ·  18 June 2015
Crime

US Treasury: Bitcoin’s Use in Funding Terrorism ‘Unclear’

A new US Treasury Department study reports that bitcoin could possibly be used to fund terrorism but that the actual risk posed remains uncertain.

Policy & regulation  ·  12 June 2015
Crime

Lloyd’s Report: Bitcoin Will Always Be Risky

Bitcoin's security risk will "never be reduced to zero", according to a report released by insurance provider Lloyd’s today.

Policy & regulation  ·  12 June 2015