Unlicensed crypto exchange operator faces 25 years for laundering $13m
A California resident is expected to plead guilty to charges of operating an unlicensed exchange and laundering more than $13 million. Go to Source Powered by WPeMatico
Crime
Auto Added by WPeMatico
Charged Aussie Bitconnect promoter faces up to 47 years in prison
The Australian could be 99-years old by the time he is released if he’s sentenced to the maximum penalty. Go to Source Powered by WPeMatico
I would never invest one cent in Bitcoin, says Ryanair CEO
“Avoid Bitcoin like a plague.” Go to Source Powered by WPeMatico
Report: Ransom Costs for Stolen Data Rose 200% From 2018 to 2019
On average, ransoms demanded by cryptocurrency ransomware hackers increased by 200% from 2018 to 2019. Go to Source Powered by WPeMatico
A New Ransomware Deploys Human-Operated Attacks Against Healthcare Sector
Microsoft unveiled a new human-operated ransomware called “PonyFinal” that deploys the attack by launching manually a payload. Go to Source Powered by WPeMatico
NYC Hacker Charged Over $94 Million Bitcoin-for-Cards Scheme
Vitalii Antonenko is facing up to 20 years in jail for selling sensitive data after the prosecution traced his Bitcoin wallet. Go to Source Powered by WPeMatico
Australian Woman Arrested in ‘Cash for Bitcoin’ Money Laundering Sting
Sydney police have arrested an Australian woman for allegedly running a crime syndicate using Bitcoin to launder $3.23 million since 2017. Go to Source Powered by WPeMatico
Q3 Crypto Ponzi Victims File Class Action Lawsuit Against Wells Fargo
Wells Fargo Advisors is facing counts of fraud, negligence, unjust enrichment and vicarious liability in a lawsuit filed by the victims of a $35 million crypto Ponzi Go to Source Powered by WPeMatico
Crime Stopping AI
Artificial intelligence, or as it’s more commonly known AI, is being put to use in many important fields. One of the biggest applications of AI is in crime fighting and prevention. AI utilizes many techniques in trying to predict where crime will happen next and help law enforcement get to that area before anything can … Read more
Whistleblower Outs ‘Wolf of Kyiv’ for $70 Million Bitcoin Scam
A whistleblower has revealed a $70 million Bitcoin scam targeting British and Australian investors through fake news stories on Facebook. Go to Source Powered by WPeMatico