A rise in ransomware, kidnappings and extortion shows the growing risks faced by crypto traders and investors as the sector expands.
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When Bitcoin soars into a bull market, skeptics cling to fear, uncertainty and doubt. Are you prepared to repel these FUD claims?
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The Federal Bureau of Investigation (FBI) has arrested two men who participated “in a violent plan to break into a family’s home in the middle of the night” to steal bitcoin worth tens of millions of dollars,” according to the U.S. Department of Justice. They could go to prison for 20 years. 2 Men Charged […]
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The token surged almost 70% in a day after the U.S. Department of Justice announced that it had recovered most of the stolen funds from the 2016 Bitfinex hack.
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Police in Mumbai have busted a gang allegedly involved in a cryptocurrency scam that amassed an estimated 1 billion rupees (nearly $14 million). The gang targeted people by launching a cryptocurrency called Cashcoin and sold it to investors, promising to double their money. Also Read: Indian Blockchain Summit Draws Policy Makers to Speed up Crypto Regulation […]
The post Indian Police Arrest ‘Cashcoin’ Gang Accused of Scamming Millions From Investors appeared first on Bitcoin News.
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The Tel Aviv District Court has received today an indictment against Halmi Git, a 33-year-old from the Palestinian city of Hebron, for a wide-ranging affair involving the management of forums for the sharing and sale of stolen credit card details. His forums have allegedly involved about 1,300,000 users from around the world, leading to massive […]
The post Hebron Resident Accused of Laundering Millions From Stolen Credit Cards With Bitcoin appeared first on Bitcoin News.
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The FBI has announced on Friday that Renwick Haddow, a 49-year old UK national, has been extradited to the US from Morocco to face charges at the Southern District Court of New York. He is accused of defrauding more than $36 million from victims by making material misrepresentations and misappropriating investment funds in two companies, […]
The post Alleged British Bitcoin Scammer Extradited to US for Defrauding Over $36 Million appeared first on Bitcoin News.
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Europol has revealed that an international group of cyber criminals, which has stolen over a billion dollars from multiple banks by hacking their ATMs, has been using cryptocurrency as a means to conduct money laundering. The information was made public after cooperation by investigators from all over the world led to the arrest of the […]
The post Bank Hackers Set up “Enormous Network” to Mine Bitcoin for Laundering Money appeared first on Bitcoin News.
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A multitude of representatives of law enforcement agencies from around the world have talked about the use of bitcoin by criminal elements, sometimes revealing ignorance about cryptocurrencies in the process. Now it appears that Europol at least is trying to go deeper, learning about various altcoins and how they can be used too. Also Read: […]
The post Europol: Hardcore Criminals Are Shifting From Bitcoin to Monero, Zcash and Dash appeared first on Bitcoin News.
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The incredible bitcoin price rally this year has attracted a lot of new people to the cryptocurrency world, many of them just looking to make a quick buck without understanding too much what they are getting into. Naturally this kind of situation attracts criminals that look to exploit it, the most recent example being a […]
The post Indian Police Forces Break up Gang Praying on Bitcoin Investors appeared first on Bitcoin News.
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