Crime

Crime

Markets

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.

trash bag, money

Markets

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.

court, gavel

Markets

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.

bitcoin in the headlines

Markets

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.

court, law

Markets

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.

Binary stream

Markets

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.

lloyd's of london

Markets

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.

ISIS

Markets

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.

Hacked

Markets

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.

drug table

Markets

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.

gun, crime