Hackers who breached Microsoft Outlook have reportedly used the email service to steal cryptocurrency users’ funds. Motherboard reported Tuesday that hackers had managed to gain access to Microsoft customer support employee’s…
Tag: crypto scam
Brazilian Police Arrest Suspect for Money Laundering With Bitcoin
Brazilian police have arrested a man for operating a clandestine drug laboratory and using the leading cryptocurrency bitcoin (BTC) to launder the proceeds, Cointelegraph Brasil reported on April 24. The State Department…
FinCEN Takes First Enforcement Action Against P2P Cryptocurrency Exchanger
The United States Financial Crimes Enforcement Network (FinCEN) has assessed a civil money penalty for a California resident accused of wilfully violating money transmission laws in his work as a peer-to-peer…
US Justice Dept. Convicts Two Romanians of Cybercrimes Including Cryptojacking
A federal jury has convicted two Romanian alleged cybercriminals of spreading malware to steal credit card credentials and illicitly mine cryptocurrency, an announcement from the official website of the United States Department of Justice revealed on April 11. The malware allegedly…
Bitmain IPO Filing Set to Imminently Expire in Absence of HKEx Committee Hearing
Chinese crypto mining giant Bitmain’s filing to list its initial public offering (IPO) on the Hong KongStock Exchange (HKEx) will seemingly reach the end of its six-month expiration window today, as…
New Report Warns 87 Percent of Cryptocurrency Exchange Volume Is Potentially Suspicious
Almost 90 percent of cryptocurrency exchanges’ reported trade volumes may be incorrect, new research from trading analytics platform The Tie warned in a digest released on March 18. Reporting on figures gathered from…
Growth of Crypto Industry Could Threaten Banks, Financial Stability: Basel Committee
International banking authority the Basel Committee on Banking Supervision (BCBS) has issued a warning statement on crypto assets on March 13. The BCBS is a committee of banking supervisory authorities hosted and supported by the Switzerland-based…
TWO AUSTRALIAN CRYPTOCURRENCY EXCHANGES SUSPENDED FOLLOWING AN ARREST
Two cryptocurrency exchanges in Australia have been suspended following raids of the Australian Federal Police and the Australian Transaction Reports and Analysis Centre (AUSTRAC). One man has been arrested. …
South Korea Establishes Special Task Force to Prevent Cryptocurrency-Related Crimes
The South Korean Supreme Prosecutors’ Office (SPO) has announced the establishment of a task force to fight cryptocurrency-related fraud and crimes. The development was reported by the Korean Broadcasting System (KBS), one of the…
COURT EXTENDS QUADRIGACX CREDITOR PROTECTION TO APRIL 2019
QuadrigaCX, the embattled Canadian cryptocurrency exchange, has obtained an extension to the court-ordered investor protection until April 23. Meanwhile, Jennifer Robertson, widow of founder Gerald Cotton, is requesting reimbursement…
