US Sentences Crypto Fraudster to 15 Years in Prison After Duping Thousands of Investors

A Swedish man has been sentenced to 15 years in prison in the U.S. for an investment fraud scheme involving cryptocurrency, including bitcoin. He defrauded thousands of victims of more than $16 million. The U.S. Department of Justice (DOJ) announced Thursday that a “cryptocurrency fraudster” has been sentenced to 15 years in prison “for securities … Read more

Jack Dorsey’s Square Building Bitcoin Hardware Wallet to Make Crypto Custody More Mainstream

Jack Dorsey’s payments company, Square Inc., has confirmed that it is building a bitcoin hardware wallet and service with the aim to “make bitcoin custody more mainstream.” Square’s Bitcoin Hardware Wallet in the Works Square Inc. is building a hardware wallet, Jesse Dorogusker, the company’s hardware lead, announced Thursday on Twitter. He tweeted: We have … Read more