Crime


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California Politician Faces Resignation Calls Amid Altcoin Controversy

A California politician has become embroiled in a growing controversy surrounding an altcoin and investors who say they’ve been duped.

Angry

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BitPay Sues Insurer After Losing $1.8 Million in Phishing Attack

Bitcoin payment processor BitPay has filed suit against a Massachusetts insurance company after losing $1.8m during a phishing attack last December.

gavel, court

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Judge Orders LocalBitcoins User to Teach Police on Digital Currency

A judge has sentenced Florida LocalBitcoins user Pascal Reid to serves 90 days in jail in a ruling that closes a notable legal case from 2014.

handcuffs and gavel

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Bitcoin Exchange Operator Discussing Deal With US Prosecutors

Court documents show that one of the operators of bitcoin exchange Coin.mx is involved in discussions over a possible plea deal with US prosecutors.

court room

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Mt Gox CEO Mark Karpeles Charged With Embezzlement

Mark Karpeles, the CEO of bitcoin exchange Mt Gox, has been charged with embezzlement, according to reports.

image source: Fuji News Network

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Digital Currency Crimes Chief: DOJ Has No Bitcoin Agenda

DOJ Digital Currency Crimes Coordinator Kathryn Haun discusses the common ground her agency shares with innovators in bitcoin and blockchain.

department of justice

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Bitcoin Extortion Group DD4BC Now Targeting Financial Services

Extortion group DD4BC has stepped up the number of attacks this year and is now targeting the financial services industry, according to a new report.

Dutch police say additional arrests may be possible.

Tecnologie

Research: Ashley Madison Bitcoin Blackmail is Cheap and Profitable

A cybersecurity firm has released the results of a blockchain analysis into blackmail attempts against online infidelity website Ashley Madison.

Fingerprint

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US Silk Road Agent Pleads Guilty to Money Laundering

A US secret service agent who stole $820,000 worth of bitcoin pled guilty yesterday to money laundering and obstruction of justice.

law guilty

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Bitcoin in the Headlines: Kingpins and Dark Markets

CoinDesk looks at the top headlines from the last week including prominent pieces from Rolling Stone and The New Yorker.

businessman, newspaper