Trump Administration Looks to Make an Example out of BTC-E

TheMerkle Mark lewis Facebook LawsuitLawsuits have become increasingly common in the cryptocurrency world over the past few years. Given the number of scams, hacks, and shady businesses going around, that shouldn’t come as too much of a surprise. BTC-E, one of the more notorious platforms in history, is now facing a $100m lawsuit courtesy of the Trump administration.  Another Chapter in the BTC-E History Most cryptocurrency enthusiasts will be rather familiar with the BTC-E exchange and its history to date. It once was a big Bitcoin trading platform, albeit it seems the company was run into the ground by shady operators who tried to

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After Fleeing From the US Government John McAfee Warns His Enemies

After Fleeing From the US Government John McAfee Warns His EnemiesFor a few weeks now, the former antivirus software tycoon John McAfee has said he is fleeing from the U.S. government for not paying his taxes. More recently McAfee’s been on a tweet tirade, speaking directly to his “pursuers” and telling them to leave him alone. Also Read: CME’s Bitcoin Futures Hit New Records McAfee: […]

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Onecoin Leaders Indicted in the U.S. for Operating ‘Fraudulent Pyramid Scheme’

On March 8, the Department of Justice and the U.S. Attorney’s Office Southern District of New York (SDNY) announced that officials have indicted two of the top leaders of the notorious Onecoin project. The prosecutors charged Onecoin cofounders Konstantin Ignatov and Ruja Ignatova with a slew of charges in connection with defrauding investors. Konstantin Ignatov […]

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DOJ Special Agent Empathizes With Bitcoin Adoption in Venezuela

DOJ Special Agent Empathizes With Bitcoin Adoption in VenezuelaIn an interview conducted earlier this month at the Chainxchange blockchain convention, Lilia Infante, a special agent with the U.S. Department of Justice (DOJ) who pioneered the DOJ’s first Cyber Investigative Task Force looking at the use of cryptocurrencies in criminal investigations, recently discussed her views regarding the adoption of virtual currencies. Mrs. Infante expressed […]

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DOJ Special Agent Lilia Infante Shares Her Views on Cryptocurrency and Regulation

Special Agent Lilia Infante works as part of the Cyber Investigative Task Force for the US Department of Justice. She pioneered the first operation regarding the use of cryptocurrency, and specifically its use on the dark web. She has spearheaded some of the largest federal cases involving cryptocurrency throughout the years. Infante is an expert […]

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US Judge Orders Alleged Hacker to Pay Bail in Cryptocurrency

US Judge Orders Alleged Hacker to Pay Bail in CryptocurrencyA US federal judge has ordered an alleged hacker to pay the equivalent of $750,000 in cryptocurrency for bail. The man was charged with hacking video game company Electronic Arts (EA), obtaining in-game currency used to buy and sell in-game items, and selling access to online games though black-market websites. Also read: Yahoo! Japan Confirms Entrance […]

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Localbitcoins Trader Sentenced to One Year in Prison

Localbitcoins Trader Sentenced to One Year in PrisonA Southern Californian Localbitcoins trader has been sentenced to prison for a year for unlicensed money transmitting and money laundering. The trader, Bitcoin Maven, reportedly exchanged between $6 and $9.5 million for customers across the country, according to the notice by the U.S. Department of Justice. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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FBI Currently Investigating 130 Crypto-Related Cases

FBI Currently Investigating 130 Crypto-Related CasesThe Federal Bureau of Investigation has reportedly revealed that it is working on 130 cryptocurrency-related investigations, citing an increase in illegal activity facilitated by crypto payments. These cases “encompass crimes such as human trafficking, illicit drug sales, kidnapping and ransomware attacks.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space FBI’s 130 Crypto-Related Cases The […]

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US House Unanimously Passes Bill to Help Fight Illicit Use of Cryptocurrencies

US House Unanimously Passes Bill to Help Fight Illicit Use of CryptocurrenciesThe U.S. House of Representatives has unanimously passed a bill to help prevent the illicit use of cryptocurrencies, including bitcoin, dash, zcash, and monero. This bill follows a testimony by the Secret Service asking Congress for help stopping these activities. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space H.R. 6069 Bill Passed The U.S. […]

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