India Bitcoin Caper: 10 Cops Busted Over Kidnapping and Extortion

India Bitcoin Caper: 10 Cops Busted Over Kidnapping and ExtortionAccording to Indian media, eleven people were involved in a kidnapping and bitcoin extortion ring, and of the accused ten are police officers, including an Inspector. Three victims were abducted and beaten until they allegedly gave up 200 bitcoin worth over one million dollars USD. Also read: Bitgrail’s $170M Hack Continues to Provide Drama Police Arrested […]

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57 Ukrainian Officials Declared Over 21,000 Bitcoins

57 Ukrainian Officials Declared Over 21,000 BitcoinsA study of Ukrainian officials’ asset declarations reveals that 57 officials have declared over 21,000 bitcoins with the majority of cryptocurrency holders in the Odessa regional council and the country’s Parliament. A second study shows that in 2017 the largest amount of cryptocurrency declared by a Ukrainian official was in bitcoin cash. Also read: Three […]

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Venezuela’s National Cryptocurrency Advances But Experts Warn of Corruption

Maduro Advances Venezuela's National Cryptocurrency But Experts Warn of CorruptionVenezuela’s president Nicolas Maduro has advanced the creation of the country’s national cryptocurrency, the Petro. He believes it will take off and solve the country’s economic problems next year, but experts are concerned with corruption. Moody’s credit rating agency, for example, says market participants would have no confidence in Maduro’s government to manage it. Also […]

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