Crime


Markets

MyCoin Customers Report $8.1 Million in Losses to Hong Kong Police

Hong Kong lawmakers are urging the government to impose a ban on bitcoin after more than 25 victims in a MyCoin fraud case approached police.

police

Markets

$25,000 in Bitcoin Seized from Alleged Software Scam Operator

Roughly $26,000 in bitcoins and litecoins have been seized as part of an investigation into an alleged software scam.

police, cop

Markets

Hong Kong's MyCoin Disappears With Up To $387 Million, Reports Claim

Hong Kong bitcoin exchange MyCoin has shut its doors, taking with it as much as HK$3bn ($386.9m) in investor funds, reports say.

Bitcoin theft

Markets

Students Build Database to Fight Bitcoin Fraud

A team of students and staff from an Irish University is building a bitcoin 'credit check' database to make the digital currency more transparent.

database

Markets

Ross Ulbricht Found Guilty of Operating Silk Road Dark Market

A jury in New York ruled Silk Road creator Ross Ulbricht guilty on all charges including money laundering, drug trafficking and computer hacking.

Ross Ulbricht set to be freed from prison (CoinDesk Archives)

Markets

Research: Over $11 Million Lost in Bitcoin Scams Since 2011

At least $11m has gone to fraudsters running bitcoin scams in the last four years, university researchers have found.

Thief

Markets

LocalBitcoins User Funds Stolen After Chat Client Hack

P2P marketplace LocalBitcoins has experienced a hack on its chat client, resulting in the distribution of malware and loss of customer funds.

hacker hands

Markets

Manhattan DA: We’re Watching Regulated Exchanges With ‘Immense Interest’

Manhattan district attorney Cyrus R Vance Jr has issued new remarks regarding his agency's interests in the bitcoin exchange space.

Manhattan