Criminal Activity – DIGIT INFO

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace

DIGIT — Thu, 23 Feb 2023 20:19:58 +0000

A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto mining scheme. Former Cohasset School Employee Faces Charges for Electricity Theft in School […]

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Valve CEO Gabe Newell Praises NFT Technology, Criticizes Bad Actors

DIGIT — Mon, 28 Feb 2022 13:30:47 +0000

Gabe Newell, founder and CEO of Valve, a popular company in the PC gaming market, has revealed his take on crypto and NFTs when applied to games. In an interview with gaming media, Newell validated the NFT technology that makes it possible to create these digital representations. However, he also stated that the actors in […]

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Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’

DIGIT — Fri, 26 Feb 2021 04:15:48 +0000

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best interests of Nigerians.” Crypto Not Money Immediately following the announcement of the […]

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Mike Bloomberg’s 2020 Finance Policy Proposes Strict Bitcoin Regulations

DIGIT — Wed, 19 Feb 2020 00:10:41 +0000

The 2020 U.S. Presidential candidate Michael Bloomberg addressed the subject of cryptocurrencies and initial coin offerings (ICO) in his recently published Financial Reform Policy. Bloomberg wants more “regulatory oversight” when it comes to this promising technology, claiming he sees “plenty of hype, fraud and criminal activity.” Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett […]

The post Mike Bloomberg’s 2020 Finance Policy Proposes Strict Bitcoin Regulations appeared first on Bitcoin News.

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Tax Agents ‘Confiscate’ Bitcoin From Criminal but Keep the Coins in His Wallet

DIGIT — Fri, 07 Feb 2020 13:30:40 +0000

The State Revenue Service of Latvia (SRS) has seized some bitcoins for the first time. The cryptocurrency, allegedly acquired through illegal means, is still being stored in the wallet set up by a criminal. Experts have expressed concerns about the risk of the money disappearing as officials continue to insist only government agencies have access […]

The post Tax Agents ‘Confiscate’ Bitcoin From Criminal but Keep the Coins in His Wallet appeared first on Bitcoin News.

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Indian Police Arrest ‘Cashcoin’ Gang Accused of Scamming Millions From Investors

DIGIT — Tue, 19 Feb 2019 02:40:51 +0000

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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By Next Year, Almost 50% of Phone Calls in the US Will Be Scams

DIGIT — Sun, 16 Sep 2018 21:34:03 +0000

Even though mobile calls have been a popular invention, they also become an increasingly popular tool among criminals. A new report shows nearly half of cell phone calls in the US will be a scam by 2019. A very worrisome statistic, which also has major cryptocurrency-related implications. Beware of Cell Phone Call Scams It is quite […]

The post By Next Year, Almost 50% of Phone Calls in the US Will Be Scams appeared first on NullTX.

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Wendy McElroy: Does Your Money Serve the State or You?

DIGIT — Sat, 14 Jul 2018 15:00:10 +0000

The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 4 Does Your Money Serve the State or You? The State, in short, subjects people, whereas Society associates them voluntarily. – Felix Morley Two simple litmus tests determine whether money serves the state (organized force) or whether it serves […]

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Europol: Hardcore Criminals Are Shifting From Bitcoin to Monero, Zcash and Dash

DIGIT — Wed, 28 Feb 2018 04:00:24 +0000

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: […]

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