Fraud

Fraud

Markets

Federal Agents Face Arrest for Alleged Silk Road Bitcoin Theft

Two undercover agents who contributed to the US government's efforts to take down Silk Road are expected to be arrested on Monday.

handcuffs, drugs

Markets

Hong Kong's MyCoin Disappears With Up To $387 Million, Reports Claim

Hong Kong bitcoin exchange MyCoin has shut its doors, taking with it as much as HK$3bn ($386.9m) in investor funds, reports say.

Bitcoin theft

Markets

Students Build Database to Fight Bitcoin Fraud

A team of students and staff from an Irish University is building a bitcoin 'credit check' database to make the digital currency more transparent.

database

Markets

Bonafide Raises $850k to Build Reputation System for Bitcoin

Bonafide has built a reputation scoring system that lets companies or individuals gauge others' trustworthiness when transacting in bitcoin.

bonafide1

Markets

Vogogo Cuts Fraud Mitigation Costs in Industry Awareness Bid

Vogogo is now offering its fraud mitigation services to bitcoin businesses free of charge for three months.

security

Markets

How Credit Card Fraud Sank One Bitcoin Exchange

Credit cards are the easiest way to buy bitcoins, but exchanges that don't handle them properly can be hit by chargebacks. What can they do?

Avoiding credit card chargebacks

Markets

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.

The OCC warned consumers not to respond to scammers seeking their bitcoin wallet keys.

Markets

Bitcoin Exchange Cryptsy Faces Lawsuit Over Customer Account Breach

A Florida law firm has filed a suit against digital currency exchange Cryptsy, alleging deceptive business practices.

Credit: Shutterstock

Markets

Can Bitcoin Surpass Credit Cards for Low-Cost Fraud Protection?

Fraud makes credit cards costly for both consumers and merchants. Does bitcoin offer a better solution?

Credit cards

Markets

Vogogo Raises $8.5 Million to Boost Bitcoin Exchange Security

Risk management specialist Vogogo has raised $8.5m to expand its bitcoin industry offering to new global markets.

vogogo