Crime

Crime

Bitcoin Teen Pleads Guilty Over Providing Support to ISIL

A teenager who instructed ISIL (or ISIS) supporters on how to use bitcoin has pleaded guilty to charges of conspiring to provide material support.

Policy & regulation  ·  11 June 2015
Crime

Australian Firm Faces Harassment After Paying Bitcoin Ransom

An executive in Australia has been reportedly victimized by online hackers after the company they work for was pressured into paying a bitcoin ransom.

Policy & regulation  ·  9 June 2015
Crime

Survey: Silk Road Closure Didn’t Stop Dark Web Drug Surge

Drug sales on the dark web actually increased after the closure of bitcoin-only marketplace Silk Road, a new survey has shown.

Policy & regulation  ·  8 June 2015
Crime

Bitcoin Stolen at Gunpoint in New York City Robbery

A New York City man was robbed of more than $1,100 in bitcoin at gunpoint late last month.

Policy & regulation  ·  5 June 2015
Crime

Reactions to Silk Road Operator Ross Ulbricht’s Life Sentence

Following a court ruling that sentenced Silk Road creator Ross Ulbricht to life in prison, fervent debate about the ruling quickly spread online.

Policy & regulation  ·  30 May 2015
Crime

Silk Road Operator Ross Ulbricht Sentenced to Life in Prison

Ross Ulbricht has been sentenced to life in prison for the operation of Silk Road, the now-defunct online dark market.

Policy & regulation  ·  29 May 2015
Crime

Silk Road Operator Ross Ulbricht to Be Sentenced Tomorrow

Convicted Silk Road operator Ross Ulbricht faces decades, if not life, in prison at a sentencing hearing tomorrow in New York.

Policy & regulation  ·  28 May 2015
Crime

Bitcoin’s ‘New Frontier’ of Cybercrime Explored at Barcelona Event

Bitcoin attackers present "a new frontier" for cybercrime, a gathering of top security specialists heard in Barcelona this week.

Policy & regulation  ·  28 May 2015
Exchanges

Bitfinex Warns Customers to Halt Deposits After Suspected Hack

UPDATE (22nd May, 17:2opm GMT): A representative from Bitfinex has indicated it has generated a new hot wallet on a “failsafe machine”. It expects deposits and withdrawals will be live “soon”, after the wallet has successfully synced. Popular bitcoin exchange Bitfinex today urged customers to halt deposits while it investigates a suspected hack. In a statement released this morning, […]

Policy & regulation  ·  22 May 2015
Crime

BitcoinTalk Server Compromised During Social Engineering Attack

Popular digital currency forum BitcoinTalk has been taken offline following a social engineering attack that resulted in a server compromise.

Policy & regulation  ·  22 May 2015
Crime

Thai Police Seek Answers in Alleged Digital Currency Ponzi Scheme

Police in Thailand have raided 13 rooms at a Bangkok apartment complex in connection with alleged digital currency ponzi scheme Ufun.

Policy & regulation  ·  20 May 2015
Crime

$80,000 in Bitcoin Seized in International Dark Web Crackdown

An international undercover investigation that tracked the illegal selling of firearms on a dark web site has resulted in a series of global arrests.

Policy & regulation  ·  18 May 2015
Crime

Hong Kong Banks Hit By Bitcoin Ransom Demands

Two Hong Kong banks were targeted with distributed denial of service (DDoS) attacks earlier this week by unknown parties demanding bitcoin ransoms.

Policy & regulation  ·  15 May 2015
Crime

SEC Charges Ex-Circle Board Member With Investment Fraud

An ex-Circle board member is being sued by the US Securities and Exchange Commission (SEC) over alleged investment fraud, it has been revealed.

Policy & regulation  ·  14 May 2015
Crime

California Business Raided Over Alleged Altcoin Gambling

A business in Southern California was raided by police last month in connection with alleged gambling tied to an alternative cryptocurrency.

Policy & regulation  ·  12 May 2015