Two executives of a South Korean cryptocurrency exchange have reportedly been sentenced to jail for inflating trading volumes on their exchange. The pair allegedly used a bot to fake large orders in both cryptocurrencies and Korean won. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Prison Sentences Two executives of South […]
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Lyn Ulbricht, the mother of convicted Silk Road administrator Ross Ulbricht, has expressed hope that U.S. president Donald Trump will pardon her son. Ulbricht’s family believes that Ross didn’t receive a fair trial and his sentencing was extremely harsh for a crime that didn’t involve violence. The interview with Lyn Ulbricht follows the recent 111,588 […]
Silk Road founder Ross Ulbricht, serving life in prison without parole, has joined Twitter. While denied direct internet access from behind bars, he is now able to communicate with the Twittersphere, in a fashion, with the aid of hand-written notes posted to a Twitter account in his name. It is hoped the account will keep […]
After being denied a post-conviction relief extension in February 2018, Ross Ulbricht’s family and legal team filed a Petition of Certiorari with the U.S. Supreme Court based on constitutional violations in the investigation and at sentencing. The petition was supported by 21 organizations, however, the Court denied Ulbricht’s petition on June 28. The fight to […]
A Southern Californian Localbitcoins trader has been sentenced to prison for a year for unlicensed money transmitting and money laundering. The trader, Bitcoin Maven, reportedly exchanged between $6 and $9.5 million for customers across the country, according to the notice by the U.S. Department of Justice. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]
Just recently news.Bitcoin.com reported on Ross Ulbricht being denied a post-conviction relief extension this past February. Since then Ulbricht’s new legal team and his family continue to fight for Ross’s freedom with a filed a Petition of Certiorari with the United States Supreme Court. Also read: BCH Miners Discuss Funding Development With a Fraction of Block […]
The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 7, Part 3. Are You Part of the Revolution or Part of the War? by Wendy McElroy What do We mean by the [American] Revolution? The War? That was no part of the Revolution. It was only an Effect and Consequence of it. […]
US law agencies can celebrate another success in their tireless crusade to stop ‘unlicensed money transmitting’ in the land of the free. The latest victory is sending a 24-year old crime kingpin to federal prison for making $40,000 from trading bitcoin offline. Also Read: US Federal Authorities Arrest Man for Selling 9.99 Bitcoin One Year […]
The Satoshi Revolution: A Revolution of Rising Expectations. Section 2 : The Moral Imperative of Privacy Chapter 5: Implementing Crypto Privacy by Wendy McElroy Privacy, Anonymity, and Pseudonymity (Chapter 5, Part 1) It is often said that there is a tradeoff between privacy and security…. Security is defined as the state of being free from […]
Two Jacksonville students are facing up to two decades behind bars after pleading guilty to stealing $4 million worth of bitcoin. The pair hacked darknet site Sheep Marketplace in 2013 and made off with 5,400 BTC. Under forfeiture laws, Nassau County Sheriff’s Office will share in a $1.7 million windfall. Also read: US Marshals Plan to […]