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Crime
BTER Claims $1.75 Million in Bitcoin Stolen in Cold Wallet Hack
China-based digital currency exchange BTER announced that it suffered a hack on its cold wallets, resulting in the loss of roughly $1.75m in bitcoin.

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.

$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.

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.

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.

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.

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.

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.
