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Crime
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.

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.

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.

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.

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.

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.

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.

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.

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.

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.
