Darknet Market Joker’s Stash Retires After Raking in $1 Billion in Cryptocurrencies

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One of the largest darknet marketplaces for selling identity data and stolen credit card information, Joker’s Stash retired last month after making off with a cool $1 billion in cryptocurrencies. Weeks ago, U.S. and European officials seized some of the web portal’s servers tied to Joker’s Stash site, but were unable to completely shut operations … Read more

Mirror Trading International Named Biggest Crypto Scam of the Year After Raking in $589 Million

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Blockchain analysis firm, Chainalysis’ latest crime report has named Mirror Trading International (MTI) as the biggest cryptocurrency scam of 2020. Chainalysis arrived at this conclusion after an investigation found that MTI had taken in $589 million from more than 471,000 deposits. According to the report, MTI’s haul is significantly higher than that of Forsage and … Read more

Elon Musk Could Face SEC Investigation Over Tesla’s Bitcoin Buy, Lawyers Warn

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The U.S. Securities and Exchange Commission (SEC) could investigate Elon Musk over Tesla’s $1.5 billion bitcoin purchase, some legal experts have warned, including a former SEC enforcement officer. Given the timing of Tesla’s bitcoin purchase and Musk’s multiple tweets on the subject, some say that the SEC will look into the matter. Elon Musk Could … Read more

Candidate for Mayor Andrew Yang Plans to Make New York City a Bitcoin Hub

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Former presidential candidate Andrew Yang is running for mayor of New York City. He has promised that as mayor he would invest in making the city “a hub for bitcoin and other cryptocurrencies.” Yang is also pro-universal basic income (UBI) and wants to launch “the largest basic income program in history.” Andrew Yang Promises to … Read more