Bitcoiners’ Mom Lyn Ulbricht Never Imagined She’d Be in This Situation

Bitcoiners’ Mom, Lyn Ulbricht, Never Imagined She’d Be in This SituationRoss Ulbricht was swept up in Silk Road prosecutions, and got the worst of it: double life, no parole. His facts will be finally before the US Supreme Court by the end of this month, as the body determines whether to ultimately hear the case. As part of its growing podcast network, Bitcoin.com has another […]

The post Bitcoiners’ Mom Lyn Ulbricht Never Imagined She’d Be in This Situation appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Ross Ulbricht Denied Post-Conviction Relief Extension

Ross Ulbricht Denied Post-Conviction Relief ExtensionThe man convicted of creating the Silk Road marketplace, Ross Ulbricht, has lost yet another appeal to extend his “post-conviction relief.” Judge Katherine Forrest, the judge who sentenced Ulbricht to a double life sentence in 2015, denied the legal team’s attempt to renew the case even if additional circumstantial evidence is found in the future. […]

The post Ross Ulbricht Denied Post-Conviction Relief Extension appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Tim Draper on Bitcoin: “Why Would I Sell the Future for the Past?”

Tim Draper on Bitcoin: “Why Would I Sell the Future for the Past?”One of the most intriguing things about the cryptocurrency space is the diverse, eclectic, and often eccentric characters it attracts. Everyone from Wall Street brokers to cypherpunks and from industrialists to anarchists can be found staking their claim in the fledgling crypto economy and saying their piece. In a recent interview, venture capitalist Tim Draper […]

The post Tim Draper on Bitcoin: “Why Would I Sell the Future for the Past?” appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

U.S. Marshals Auction Completes the Sale of 3,800 BTC

U.S. Marshals Auction Completes the Sale of 3,800 BTCThe U.S. Marshals revealed this week it completed the auction that saw the sale of 3,813 bitcoins ($31Mn USD) on January 22. The bitcoins were seized from various civil forfeitures and criminal cases involving U.S. law enforcement agencies like Homeland Security and the Federal Bureau of Investigation (FBI). Also read: Weiss Ratings Defends its Decision to […]

The post U.S. Marshals Auction Completes the Sale of 3,800 BTC appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Your Taxes Paid for a Lot of Blockchain Surveillance Last Year

Your Taxes Paid for a Lot of Blockchain Surveillance Last YearGovernments worldwide have been ramping up regulations for cryptocurrencies and hiring research and blockchain surveillance teams. One firm that tracks transactions on the Bitcoin Core blockchain is called Chainalysis, and this year the company has gathered over a half a million USD on record from various government and law enforcement entities. Also read: South Korean Exchange […]

The post Your Taxes Paid for a Lot of Blockchain Surveillance Last Year appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

New Research: Laundering of Illicit Funds Less than 1% of Bitcoin Transactions

Research Concludes that Laundering of Illicit Funds Constitutes Less than 1% of Bitcoin TransactionsThe Foundation for Defense of Democracies’ Center of Sanctions and Illicit Finance in conjunction with blockchain analytics company, Elliptic, has published a study seeking to track the circulations of illicit funds within the bitcoin economy from 2013 to 2016. The research concludes that the share of funds of illicit origin comprises less than one percent […]

The post New Research: Laundering of Illicit Funds Less than 1% of Bitcoin Transactions appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

US Sheriffs Welcome $1.7 Million Windfall After Students Plead Guilty to Stealing 5,400 BTC

US Sheriffs Welcome $1.7 Million Windfall After Students Plead Guilty to Stealing 5,400 BTCTwo 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 […]

The post US Sheriffs Welcome $1.7 Million Windfall After Students Plead Guilty to Stealing 5,400 BTC appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico