Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent

Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See PrecedentThe City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s second-largest city describes the ruling as a precedent. Two Men Sentenced for Cryptocurrency Extortion in Russia Two Russian citizens have […]

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French Court of Appeals Upholds Alexander Vinnik’s Sentence

French Court of Appeals Upholds Alexander Vinnik’s SentenceA court of appeals in France has upheld the verdict in the case against BTC-e operator Alexander Vinnik. His lawyers vowed to continue the legal struggle against Vinnik’s return to Greece in order to avoid a likely extradition to the U.S. Court Confirms Vinnik’s 5-year Sentence for Money Laundering The Court of Appeals of Paris […]

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Crypto-Stealing SIM Swapper Pleads Guilty, Gets 10 Years in Prison

Joel Ortiz, a college student who allegedly stole cryptocurrency worth over $5 million, has pleaded guilty and accepted a 10-year prison sentence. Ortiz was arrested last year and accused of hijacking the phone numbers of around 40 people. He is now the first person to be sentenced for the crime, commonly known as SIM swapping. […]

The post Crypto-Stealing SIM Swapper Pleads Guilty, Gets 10 Years in Prison appeared first on Bitcoin News.

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Markets Update: Crypto-Prices Drop a Leg Down as Bulls Lose Momentum

Markets Update: Crypto-Prices Drop a Leg Down as Bulls Lose MomentumDigital asset markets have failed to surpass heavy resistance over the weekend, and during the early morning trading sessions on Tuesday, July 10, as well. The top cryptocurrencies have slid in value once again as Bitcoin Core (BTC) has tumbled to $6,377 after touching the $6,830 region. Meanwhile, Bitcoin Cash (BCH) prices hovered around $785 […]

The post Markets Update: Crypto-Prices Drop a Leg Down as Bulls Lose Momentum appeared first on Bitcoin News.

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