cryptocurrency crime Tag

  Here’s today’s blockchain technology and cryptocurrency news roundup including lots of speculation on bitcoin value and cryptocurrency market forecasts for next year, a North America-wide bitcoin-bomb scam and a fun read on a Trump wall ICO. In blockchain...

  A New York City hacker used a smartphone SIM scam to steal more than $1 million from a wealthy Silicon Valley resident. The New York Post calls 21-year-old Manhattan resident Nicholas Truglia the “Billy the Kid of bitcoin”...

  Swedish resident Jermu Michael Salonen lost his Cryptopay wallet account password in August 2017. When the company refused to provide a new password for privacy and security reasons, that’s when things became potentially explosive. With no resolution by...

  A new report from cybersecurity firm CipherTrace says cryptocurrency thefts have reached nearly $1 billion so far in 2018. $927 million has been stolen by the end of September 2018, the company says, an increase of 250% over...

A 21-year-old Bitcoin dealer was ordered held without bail today in connection with a 31-count indictment charging him with operating an illegal money transmitting business, failing to maintain an anti-money laundering program, international money laundering and conspiracy...

  There’s no better authority to verify that bitcoin users are now speculators and not drug dealers according to the Drug Enforcement Administration (DEA). In fact, Special Agent Lilita Infante at the US DEA told Bloomberg criminal activity behind...

  Thefts from cryptocurrency exchanges tripled in the first six months of 2018 compared with all of 2017 according to a new report from cybersecurity firm CipherTrace. The report shows that more than $761 million was stolen from digital...

  A new investigation by the Texas State Securities Board (TSSB) identified 32 new cryptocurrency fraud schemes which Joe Rotunda, director of enforcement at the TSSB described as “widespread.” “It is everywhere,” Rotunda said of the scams tied to...

  Portland lawyer Jeffrey Babener has written an excellent view of how cryptocurrency scams are impacting the multilevel marketing brand, as if the MLM industry didn’t have enough challenges of its own.   We’ve highlighted a few of Babener’s key...

  A successful UK cryptocurrency couple robbed at gunpoint. Canadian cryptocurrency exchange held up in daylight hours. Ukrainian bitcoin exchange businessman held hostage for $1 million in bitcoin. A New York resident is robbed by a “friend” for...