Crime

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Korean Crypto Exchange Coinone and 20 Traders to Face Charges Over Margin Trading

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The South Korean police are reportedly preparing to charge Coinone’s executives, including its CEO, and 20 of the exchange’s members. This follows a 10-month investigation on allegations that the exchange provided gambling services through its crypto margin trading program. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinone’s Investigation Concludes South Korea’s Cybercrime Investigation … Read more

Bitcoin Is Not Used by Organized Crime Syndicates Says Hong Kong Government

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Bitcoin is often accused by regulators, governments and central bankers as being a tool for money laundering by criminal organizations, usually without presenting any evidence. A new report from Hong Kong, a major international financial hub and nexus for trade between China and the whole world, spells this out clearly.  Also Read: Bitcoin in Brief … Read more

Bitcoin in Brief Thursday: Another ICO Ghosts with $50 Million – Sends Thanx from Beer Beach

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Today we’ve simply given-in to no nutritional value, guilty pleasure, lowest common denominator: bitcoin-related crime news. Start your day with laughs and head scratching, as we examine the Savedroid ICO exit scam, an international bitcoin heist escape, the fury of a scorned woman, a bear spray robbery, and some whole food violence.   Also read: Bitcoin … Read more

Bitcoin in Brief Wednesday: Pornhub? We’ve Never Heard of Pornhub

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Bitcoin in Brief for Wednesday is a potpourri of quickies to get your day going: Pornhub, a website we’ve never heard of, has joined the crypto revolution (well, Verge at least); South Korea’s loss is Switzerland’s gain; bitcoin blamed for every crime under the sun; Ethereum’s Vitalik Buterin is accused of favoritism; and bitcoin cash … Read more

Coinsecure India Down After $3 Million in Bitcoin Missing

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In what appears to be an attempt to test their ability to distribute Bitcoin Gold (BTG), a Coinsecure weakness was apparently exposed, and over 3 million dollars worth of bitcoin were stolen as a result. The large crypto exchange based in India filed a First Information Report (FIR) with police, alleging their own Chief Scientific … Read more

India Bitcoin Caper: 10 Cops Busted Over Kidnapping and Extortion

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According 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 … Read more

Chinese Engineer Arrested for Stealing 100 Bitcoin From His Own Company

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Who Watches the Watchmen? An engineer from Beijing has been arrested after allegedly discovering a failed hacking attempt to his company and taking advantage of the situation to steal some of the money for himself. 90% of the loot has been returned but he can still go to jail for as much as seven years. … Read more

Crypto History Part 1: 400 Million Billion Billion, Beer, and a Murderous Plot

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The history of our benefactor – cryptography – is one filled with intrigue, drama, religion, statecraft, tinkerers, amazing minds, and so much more. In the first of a series, News.Bitcoin.com examines a crypto tale to illustrate its wonderfully colorful development and usage. This particular instalment recounts a 432 year-old plot to kill a queen, and … Read more