Russian Crypto Exchange Shuts Down Amid Accusations of Exit Scam

Russian Crypto Exchange Shuts Down Amid Accusations of Exit ScamThe Russian cryptocurrency exchange Livecoin has shut down amid accusations that it has pulled an exit scam. Customers are unable to withdraw their funds and have been asked to provide extensive identifying information which they fear would lead to identity theft. The exchange claims that it was hacked in December. Livecoin Crypto Exchange Closes Down […]

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Bitcoin Hits $500K on Russian Crypto Exchange After Hackers Take Control — Users Cry Exit Scam

Bitcoin Hits $500K on Russian Crypto Exchange After Hackers Take Control — Users Cry Exit ScamCryptocurrency trading platform Livecoin claims that it has been hacked after the crypto community noticed the price of bitcoin shoot up to half a million dollars. Meanwhile, users are complaining that they cannot withdraw their funds, suspecting the exchange of pulling an exit scam. $500K per Bitcoin on Livecoin Exchange Russian cryptocurrency exchange Livecoin claims […]

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France Sentences BTC-e Crypto Exchange’s Operator to 5 Years in Prison for Money Laundering

France Sentences Russian Crypto Exchange Operator to 5 Years in Prison for Money LaunderingRussian crypto exchange BTC-e’s operator Alexander Vinnik has now been sentenced to five years in prison by a French court and fined 100,000 euros. He was arrested over three years ago in Greece, extradited to France, and is wanted in the U.S. and Russia. Vinnik Sentenced After 3+ Years Alexander Vinnik, the operator of the […]

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