Crime

Crime

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21-Year-Old Trader Prosecuted Over Bitcoin Money Laundering

A cryptocurrency dealer is being prosecuted in the U.S. for allegedly committing 30 counts of money laundering involving bitcoin.

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Police Arrest Hackers Suspected of Stealing $87 Million in Crypto

Chinese police have arrested three individuals who allegedly stole bitcoin and other cryptocurrencies worth around 600 million yuan, or $87 million.

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California Judge Orders Accused Hacker to Pay Bail in Crypto

A man has been ordered to pay bail in cryptocurrency while he faces charges of hacking the computer network of a San Francisco game company.

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Judge Issues Default Judgment in ICO Fraud Lawsuit

A federal judge ruled against Monkey Capital after finding it defrauded victims in an initial coin offering.

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There's a Huge Opportunity for Everyone in Crypto, It's Called KYC/AML

If our goal is mass adoption, blockchain and crypto firms should work closely with regulators and come up with new ways to solve big thorny problems.

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AT&T Sued for $224 Million After Phone Hackers Rob Crypto Investor

Michael Terpin is suing AT&T, claiming the company's failure to protect his cellphone data led to hackers stealing $24 million in cryptocurrencies.

Web crime

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30% of UK Firms Hit by Crypto Mining Malware in a Month: Survey

Almost a third of U.K. businesses said they had been hit by cryptocurrency mining malware within the previous month, according to new research.

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Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam

A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand.

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Attacker Installs Crypto Mining Malware on Over 170,000 Devices

Coinhive was installed on more than 170,000 devices in Brazil last month.

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DEA Agent: Speculators Are Using Bitcoin More Than Criminals

Criminals were behind 90 percent of all cryptocurrency transactions five years ago – not anymore according to a DEA agent.

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