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Blockchain Crimes cryptocurrencies Cryptocurrency Ireland Law Silk Road

Irish High Court Ruling ‘Breaks New Legal Ground,’ Reports Local Media

The Irish High Court has ruled that a convicted man’s crypto, which was discovered after the initial investigation and sentencing, could be confiscated as “proceeds of a crime.” Ireland’s High Court has ruled that 25,000 euro in cryptocurrency held by a man in prison is considered “the proceeds of a crime,” the Irish Times reported […]

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Bitcoin Scams california Crimes Cryptocurrency Hackers Police USA

SIM Swapping Becomes Increasingly Popular in California, Police Make It “High Priority”

Here is how crypto fraudsters’ new favorite scheme works. On November 7, a security news and investigation blog KrebsOnSecurity published an interview with REACT Task Force, a California-based law enforcement group dedicated to fighting cybercrime. As per the article, members of REACT consider “SIM swapping” one of its “highest priorities” in a bid to fight […]

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Bitcoin Scams Crimes cryptocurrencies Cryptocurrency ethereum Google neo Security tether Twitter

Four Fake Cryptocurrency Wallets Found on Google Play Store

A security researcher has found four fake cryptocurrency wallets on the Google Play Store. Malware researcher Lukas Stefanko has found four fake cryptocurrency wallets on the Google Play Store that were trying to steal users’ personal data, according to a blog post published Nov. 13. The apps were posing as cryptocurrency wallets for NEO, Tether […]

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Bitcoin Crimes cryptocurrencies Cryptocurrency Cryptocurrency Exchange ShapeShift

ShapeShift CEO Erik Voorhees Refutes WSJ Reports of ‘Dirty Money’

Crypto exchange ShapeShift has refuted WSJ reports of it being used to launder $9 million. Cryptocurrency exchange ShapeShift has refuted a recent Wall Street Journal report that $9 million in ill-gotten funds went through the exchange, according to an announcement published October 1. On September 28, WSJ released an article dubbed “How Dirty Money Disappears […]

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Crypto Behind Bars: Arrests Making Headlines Across the Globe

From soap actors to former lawmakers, Cointelegraph takes stock of some of the most illustrious arrests of the figures behind crypto’s high crimes and misdemeanours this year. Gone are the days when shady dealings in crypto were perceived as immune to the clutches of law enforcement. Illicit crypto proceeds can be shuttled between wallet addresses […]

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BitConnect Blockchain Crimes Cryptocurrency India Ponzi Scheme Scams USA

Exit Scam in Wonderland: Bitconnect’s Tentacles From Texas to Gujarat

Cointelegraph investigates the murky web of incidents connected with the Bitconnect heist, from Texas to Gujarat. An American musical prelude Bitconnect, the now-defunct crypto lending and exchange platform that has been ousted as a ruinous Ponzi scheme, has memorably been compared by the Silver Miller law firm to the fleeting 2011 Broadway musical “Wonderland,” based […]

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Bitcoin News Court Crimes Cryptocurrency India Money Laundering

India: Former Legislator Remanded in Custody in Connection With Bitcoin Extortion Case

Former Indian politician Nalin Kotadiya has been remanded in custody for his alleged involvement in a 200 BTC extortion case. Nalin Kotadiya, a Bharatiya Janata Party (BJP) official and former Member of the Legislative Assembly (MLA), has been remanded in custody for ten days in connection with a $1.3 million Bitcoin (BTC) extortion case, the […]

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Blockchain BlockShow Crimes Cryptocurrency Decentralization

IT Analyst Jason Bloomberg: What I’m Really Saying Is ‘Shut Down Permissionless Blockchains’

IT industry analyst Jason Bloomberg tells CT why he doesn’t believe in trustless systems and how he sees permissionless blockchains being “shut down.” This interview has been edited and condensed. Aside from occasional blisteringly anti-crypto commentary from the likes of Warren Buffett and Bill Gates, one of the crypto industry’s most consistent and vocal naysayers […]