25-year-old Pleads Guilty to Running Unlicensed Bitcoin Exchange

25-year-old Pleads Guilty to Running Unlicensed Bitcoin Exchange

A Westwood man has agreed to plead guilty to federal criminal charges for operating a crypto exchange with neither a license nor an effective...
US Treasury Targets Chinese Crypto Addresses of “Drug Pins”.

US Treasury Targets Chinese Crypto Addresses of “Drug Pins”

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Treasury’s Financial Crimes Enforcement Network (FinCEN) announced several Chinese nationals, who...
Malware ‘Norman’ Evades Detection and Mines Cryptocurrency

Malware ‘Norman’ Evades Detection and Mines Cryptocurrency

Security firm Varonis discovers new malware, which has been dubbed “Norman” during a cryptojacking investigation. Cryptojacking is an increasingly prevalent malware type that exploits...
Cryptocurrency Criminals Hacked $4.3 Billion in 2019

Cryptocurrency Criminals Hacked $4.3 Billion in 2019

CipherTrace, a leading cryptocurrency intelligence firm, recently released the Q2 2019 Cryptocurrency Anti-Money Laundering (AML) Report. Cryptocurrency Criminals Hacked $4.3 Billion in 2019. The Q2...
DOJ claims bitcoin escrow firm swindled investors for $7 Million.

DOJ Claims Bitcoin Escrow Firm Swindled Investors for 7 Million

The head of a bitcoin escrow company has been charged by U.S. prosecutors with fraud. DOJ claims bitcoin escrow firm swindled investors for 7...
Guilty Narcotics dealer hands over millions in Bitcoin in Plea Deal

Guilty Narcotics Dealer Hands Over Millions in Bitcoin in Plea Deal

After pleading guilty to charges of money laundering and conspiracy to distribute controlled substances, dark web drug dealer must forfeit $4 million in funds...
Con Artist Openly Ridicules Victims of Bitcoin Scam.

Con Artist Openly Ridicules Victims of Bitcoin Scam

An Australian couple lost over AU$20,000 (US$14,000) in a bitcoin scam. Later, the perpetrator taunted them. Con Artist Openly Ridicules Victims of Bitcoin Scam. Nick...
Alexander Vinnic accused of money laundering is now seeking extradition to Russia

Alexander Vinnic Accused of Money Laundering is Now Seeking Extradition to Russia

Alleged bitcoin fraudster, Alexander Vinnik, who is accused of laundering billions of dollars, is officially seeking extradition to Russia. Alexander Vinnic, accused of money...
AriseBank CEO Admits to His Part in $42 Million Securities Fraud

AriseBank CEO Admits to His Part in $42 Million Securities Fraud

The founder of crypto bank AriseBank, Jared Rice Sr., pleaded guilty to one count of securities fraud in a Federal Court back in March....
Malicious Crypto Targeting Computer Program Quickly Infects Asian Firms

Malicious Crypto Targeting Computer Program Quickly Infects Asian Firms

Monero (XMR) cryptocurrency is the focus of a new form of malware. The malware is targeting companies in Asia to mine this particular digital...