Crime

Mt Gox CEO Mark Karpeles Claims Innocence as Trial Nears End
In his closing arguments in a Tokyo court, Mark Karpeles, former CEO of collapsed bitcoin exchange Mt. Gox, said he did not embezzle funds.

Suspected Electricity Thief Arrested After Mining $3 Million in Bitcoin, Ether
A man in Taiwan has been arrested over claims he mined $3.25 million in cryptos using stolen electricity.

Executives at Korean Crypto Exchange UPbit Indicted for Fraud
Three executives of UPbit, one of South Korea’s largest cryptocurrency exchanges, have been formally charged by the country’s prosecutors.

US Government Issues Advice Over Bitcoin Bomb Threat Emails
The U.S. government has confirmed the existence of bomb threat emails that demand bitcoin from organizations and suggested steps to take.

10-Year Jail Term Sought for Former Mt Gox CEO Mark Karpeles
Japanese prosecutors are seeking a 10-year sentence for former Mt. Gox CEO Mark Karpeles over embezzlement of user funds.

Suspect Crypto Transactions Rise in Japan But Still Just 1.7% of Total
Reported suspicious crypto transactions soared in the first 10 months of 2018, but fiat is still vastly more popular in money laundering.

US Government Offering Up to $800K for Anti-Forgery Blockchain Solutions
The U.S. Department of Homeland Security is seeking to fund anti-counterfeiting solutions from blockchain startups with grants of up to $800,000.

Treasury Official: Global Regulators Must Follow US Lead in Crypto Enforcement
U.S. Treasury Department Under Secretary Sigal Mandelker called for global efforts to police malicious actors' use of cryptocurrencies.

Bitcoin Trader on US Sanctions Blacklist Says He’s Innocent
An Iranian bitcoin trader added to the U.S. Treasury's OFAC sanctions list last week claims he’s been wrongfully blacklisted.

New Crypto Mining Malware Seen to 'Evolve,' Say Researchers
Researchers at cybersecurity firm Check Point say a relatively new form of crypto mining malware, dubbed KingMiner, is “evolving.”

