Crime


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EU Report: Digital Currency Use by Organized Criminals Is 'Rare'

A newly released report from the European Commission suggests there is relatively little virtual currency use among organized crime groups.

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UN Denies Involvement in Green Blockchain Project EcoBit

The UN is denying claims it was involved with a Malaysian environmental blockchain project called EcoBit, according to reports.

kelantan-malaysia

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UK Cybercrime Watchdog: Surveillance Law Could Boost Digital Currency Use

A controversial intelligence law passed by the UK last year could drive increased digital currency use according to a new report.

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South Korean Bitcoin Exchange to Pay Back Users After Account Thefts

South Korea's largest bitcoin and ether exchange is moving to compensate users after its data systems were compromised.

Theft, Steal

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SEC Files Fraud Suit Against Bitcoin Startup Owner

The US Securities and Exchange Commission has filed fraud charges against a UK citizen accused of bilking the investors of a bitcoin startup.

SEC

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Bitcoin Phishing Scheme Perpetrator Pleads Guilty in Connecticut Court

A Connecticut resident has pleaded guilty to charges that he stole more than $300,000 in bitcoin as part of a phishing scheme.

gavel, handcuff

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OneCoin 'License' is a Fake, Says Vietnamese Government

OneCoin doesn't have a license to operate in Vietnam despite claims to the contrary, the government said this week.

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Illicit Cryptocurrency Use Targeted in Proposed 2018 FBI Budget

Cryptocurrency is being cited by the FBI as a reason it needs to increase its spending in an effort to combat more advanced cybercrime.

FBI, justice

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Buddhist Monks Said to Be Targeted by Bitcoin Pyramid Scheme

A bitcoin-focused pyramid scheme appears to have targeted Buddhist meditation practitioners in Thailand, according to a local news source.

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NSA 'DoubleStar' Backdoor Blamed for Cryptocurrency Mining Malware

A type of cryptocurrency mining malware has spread due to an exploit developed by the US National Security Agency.

computer, code