Tag: crime
Bitcoin Trader Sentenced to 41 Months in Federal Prison
A Bitcoin trader was sentenced to 41 months in federal prison for using cryptocurrency for money laundering. Cryptocurrency is an exciting technology that helps put…
SIM Hijacking Nets Criminal $5 Million by Targeting Cryptocurrency Users
Cryptocurrencies tend to attract people from all walks of life. This also includes criminals looking to score some quick profits. A 20-year old man is…
Cryptocurrency Mining CEO Steals $35 Million
Le Minh Tam, the CEO of cryptocurrency mining company Sky Mining, has fled Vietnam with $35 million in stolen assets. There are a lot of…
London Police to Receive Dedicated Cryptocurrency Crime Training
Government officials still express major concerns regarding Bitcoin. Most officials see this form of money as a tool for money laundering. As such, police forces…
New Bitcoin Scam Claims to Expose Your Porn Watching Habits
A new Bitcoin scam has risen in which victims are informed their entire adult content consumption has been recorded on video. In exchange for a…
Cryptocurrency-Related Thefts and Money Laundering Spike in Early 2018
The first half of 2018 has been troublesome for the cryptocurrency industry. Falling prices have made a lot of investors wary. An increase in cryptocurrency…
Police Arrest Two Suspects for Alleged Bitcoin Theft Worth $10,000
Two people have been arrested in San Francisco after their alleged involvement in stealing a computer that had $10,000 worth of Bitcoin on it. Police…
Designer Drug Gang Busted; Police Recover $5.2 Million in Cryptocurrencies
Law enforcement in Spain busted a gang that sold designer drugs on the Dark Web that were primarily bought with Bitcoin and other cryptocurrencies. One…
Cryptocurrency Features in 130 FBI Cases
An FBI special agent recently revealed that the law enforcement agency currently has 130 cryptocurrency-related cases under investigation. There are a lot of positive effects…
