Crime

Missing Mt Gox Bitcoins Likely an Inside Job, Say Japanese Police
The disappearance of 650,000 BTC from Mt Gox was due to internal system irregularities and not external attacks, reports a Japanese newspaper.

The 7 Biggest Crypto Scandals of 2014
Whether it was bankruptcy, allegations of fraud or clashes with the government, the bitcoin industry faced a fair share of scandal in 2014.

Charlie Shrem Saga Ends With Two-Year Sentence in New York Court
Charlie Shrem has been sentenced to two years in prison after pleading guilty to aiding and abetting an unlicensed money transmitting business.

Florida Group Faces Fraud Charges for Alleged Altcoin 'Pump and Dump'
Five individuals have been named in a Florida lawsuit that involves an altcoin pump-and-dump and the fraudulent presale of scrypt mining ASICs.

98.6% of TorrentLocker Victims Refuse to Pay Bitcoin Ransom
A new report into the effects of TorrentLocker malware has found that 98.55% of victims do not pay the bitcoin ransom.

SEC Fines Defunct Bitcoin Exchange Operator $68,000
The operator of two unlicensed digital currency exchanges has been ordered to pay more than $68,000 after a lengthy investigation by the US SEC.

US Marshals: Bidder Turnout in Second Bitcoin Auction Declines Sharply
New data reveals bidder participation in the second US Marshals Service bitcoin auction has declined significantly from the first.

Australian Federal Investigators Look at Bitcoin's Organized Crime Role
The Australian Crime Commission has launched an official investigation into bitcoin's role in organized crime activity, called 'Project Longstrike'.

Bitcoin Foundation Issues Fraud Alert Over Cloned Websites
The Bitcoin Foundation has warned that two unaffiliated fake websites are trying to con users out of their funds.

Usual Suspects Return to Bid in Latest US Marshals Bitcoin Auction
The second USMS auction of 50,000 BTC is attracting many of the same bidders, if less fanfare.

