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Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. In addition, the court has also ordered them to fully compensate the victim for the damages, prosecutors announced. Robbers Get Prison Sentence for Cryptocurrency Theft in Russia A court in the Russian […]Powered by WPeMatico
Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers Steal Mining Equipment From Crypto Farm in Russia A […]Powered by WPeMatico
In-person crypto robberies are becoming a global issue lately for the authorities, and this time, Argentina is the place of the latest case reported. In Mendoza, an unnamed man was assaulted by two criminals who posed as bitcoin buyers. Identities of the Robbers Are Still Unknown According to Mendo Voz, the 26-years-old man, identified by […]Powered by WPeMatico
Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust by Performing Three Successful Transactions According to the South China […]Powered by WPeMatico
An unnamed 37-year-old man was a victim of a theft from a gang of robbers who fled with 15 bitcoin (BTC), worth HKD 3 million ($387,000) in cash. They agreed to meet in person for a crypto exchange transaction. Six Non-Chinese Suspects Allegedly Involved in the Theft Per the South China Morning Post, the bitcoin […]
The post Bitcoin Trader Robbed During an In-Person Transaction, Kicked Out of Car in Hong Kong appeared first on Bitcoin News.
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Private security firms in Moscow are offering a new service – protection for people buying and selling cryptocurrency for cash. The companies have also expressed readiness to help investigate crypto-related crimes. Police are still reluctant to work on such cases, as cryptocurrencies are not yet regulated in Russia. Also read: Chinese Merchants in Moscow Convert […]
The post Security Firms Offer Protection for Crypto Traders in Moscow appeared first on Bitcoin News.
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In the time it takes you to read this sentence, $850 will have been lost to cryptocurrency scams. In the time it takes to complete this article, that figure will have risen to $17,000. Phishing; fraud; theft; hacking; it’s all rife. In the first two months of 2018, there were 22 separate scams involving thefts […]
The post $9 Million a Day Is Lost in Cryptocurrency Scams appeared first on Bitcoin News.
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Taiwanese police have arrested four men after a bitcoin robbery worth five million Taiwanese dollars (approximately $170,000 USD). The case has been described as the first of its kind in Taiwan by authorities. Also Read: Bungling Bitcoin Thieves Foiled by Quick-Witted Trader Taiwanese Trader Loses 18 Bitcoins in Robbery A bitcoin trader with the surname of […]
The post Four Arrested Following Taiwanese Crypto Robbery appeared first on Bitcoin News.
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Criminals have paid attention to Bitcoin and other cryptocurrencies for some time now. In most cases, they will take the digital route to obtain cryptocurrency through illicit means. Especially when it comes to hacking, fraud, and even scams, there are plenty of opportunities waiting to be explored. For the second time in over a week, however, criminals have attempted to rob people’s Bitcoin at gunpoint. After an incident in Canada, it now seems there’s been a nearly identical development in the UK. Another Bitcoin-related Robbery It is never fun to hear that other people have lost their Bitcoin or other cryptocurrencies. WhenPowered by WPeMatico