Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee

“The government has brought the instant prosecution using ill-founded applications of criminal law to set precedent in the digital asset space,” said Nathaniel Chastain’s lawyers.

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Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

It's not yet clear how the alleged criminal misconduct of a former employee led to a law enforcement freeze on users' funds.

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Hotbit Exchange Halts Trading as Authorities Probe Ex-Employee

Hotbit said that several Hotbit executives had been served with subpoenas and were assisting with the investigation. Hotbit Stops Services Amid Criminal Case Hotbit has halted trading while a former...

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Crypto Trading Platform Hotbit Suspends Service Amid Criminal Investigation Into Former Employee

Hotbit suspended crypto trading, deposits and withdrawals due to a criminal investigation into a former employee that led law-enforcement authorities to freeze some of the firm's funds.

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Former CIA Director Affirms Bitcoin Criminal Usage Is “Significantly Overstated”

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Moscow opens criminal investigation into alleged fraud of WEX crypto exchange

Due to efforts of former clients of the Russian bitcoin exchange WEX, the criminal investigation of alleged fraud was handled to the central investigation department in Moscow. Ex-users also managed to find worth approximately $250 million in crypto withdrawn from WEX.

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Ex-Microsoft Engineer Handed A Nine-Year Prison Sentence For A $10 Million Criminal Scheme Involving Bitcoin

A former software engineer at Microsoft has been sentenced to nine years in prison after he devised a complex scheme, involving bitcoin, to steal over $10 million from his former employer. Ukrainian national Volodymyr Kvashu, 26, was charged by a Seattle District court with 18 felonies including identity theft and money laundering. According to a […]

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The Many Facts Pointing to Paul Le Roux Being Satoshi Nakamoto

The 48-year old former programmer and criminal cartel boss, Paul Calder Le Roux, was deemed a Satoshi Nakamoto suspect in the spring of 2019. The suspicion caused a few people to believe Le Roux is the most credible Satoshi yet, and to this day individuals still think it is him.

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Ex-Nissan Chief’s Son Paid $50,000 in Cryptocurrency via Coinbase to Help him Escape

Anthony Ghosn, son of Carlos Ghosn, the former Nissan Motor Co. chairman, made about $50,000 in cryptocurrency payments to an American man who helped his father escape criminal charges in Japan. The Jr.

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Coinbase Processed $500,000 in Bitcoin Payments That Helped Ex-Nissan Chairman Flee Japan

Coinbase processed $500,000 in bitcoin payments that aided the dramatic escape of former Nissan Motor Co. chairman Carlos Ghosn from Japan, according to Bloomberg. In December, two Americans used a box to smuggle Ghosn out of the Asian country, where he was facing criminal charges for embezzlement and financial manipulation.

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German Shareholders Association SdK Sues Wirecard Auditors

CNBC reports that a group of shareholders have submitted a criminal complaint against former Wirecard auditors who had been working with the payments giant long term

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Japanese educational institution charged with misappropriating funds to buy cryptocurrency

The Meijo Gakuin Educational Corporation will file a criminal complaint against the company’s former chairwoman after funds were used to buy cryptocurrency.

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Binance, Huobi Launder Over 50% Of $2.8B In Illicit BTC Transactions: Chainalysis Report

Binance and Huobi cryptocurrency exchanges receives over 50% of the total cryptos used in criminal activities according to a report by Chainalysis, a cryptocurrency data analysis firm. The high figure comes at a time the former is on the edge of moving offices from the European Union as AMLD5 takes effect in the near future. […]

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Bitcoin (BTC) Compared to Tesla (TSLA) by Prominent Investor. Elon Musk Won't Like It

Tesla (TSLA) and Bitcoin (BTC) are birds of the same feather but the former is run by a criminal, according to Mark B Spiegel

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PSA: Crypto HEX Founder is Actually Notorious Criminal 'Spam King'

HEX founder Richard Heart has been exposed as a former internet 'Spam King', and has alleged ties to a Panamanian criminal network. The post PSA: Crypto HEX Founder is Actually Notorious Criminal 'Spam King' appeared first on CCN.com

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Former Trump Advisor Steve Bannon Boasts of “Big Future” for Bitcoin and Crypto

All last month, the positive sentiment surrounding Bitcoin, crypto, and even Facebook Libra turned negative after United States President Donald Trump made some negative tweets about the digital asset class and its illicit use in criminal activities such as money laundering, cybercrime, drug trade, and more.

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Co-Founder of QuadrigaCX Exposed as Reports of Criminal Convictions Surface

QuadrigaCX has been taking up a lot of press time lately as the platform works to regain the missing cryptocurrency that it owes to its former investors. However, the attention is being shifted to the co-founder right now, and his criminal activities that fill up his past. Known to investors as Michael Patryn, his former […]

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Former Mt. Gox CEO Acquitted of Criminal Charges

Former Mt. Gox CEO Mark Karpeles is a free man after a Japanese court acquitted him of embezzlement charges. Read more here. The post Former Mt. Gox CEO Acquitted of Criminal Charges appeared first on CoinCentral.

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Trump to Be Accused of Racism, Lies and Criminal Acts by Former Lawyer Michael Cohen

Editor’s Note 14:59 EST: The headline has been amended for clarity. Trump’s former personal lawyer is set to give a bombshell testimony in front of Congress. Michael Cohen, President Trump’s former attorney and fixer for 12 years until May 2018, could be about to open a can of worms on Wednesday that even Teflon Don cannot walk away from clean.

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Two Former Executives Jailed for Faking Cryptocurrency Transaction Volumes

On January 17, 2019, two former executives from Komid, a South Korean cryptocurrency exchange, were jailed for three and two years respectively for using fake accounts to fraudulently inflate transactions on the exchange.

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U.S. Authorities Sentence Bitcoin Criminal to 15 Months Imprisonment

Joseph Kim, a 24-year old Phoenix, Arizona resident has been sentenced to one and half year in jail for defrauding his former employers, Consolidated Trading and friends over $1 million in bitcoin (BTC) and litecoin (LTC), using the funds for his personal enrichment, reported Finance Magnates on November 18, 2018.

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Marco Santori on Airdrops and the “Complete Picture” of SAFT Regulation

Ever since the U. S. Securities and Exchange Commission (SEC) issued a stern warning about initial coin offerings (ICOs) in February 2018, cryptocurrency projects have had to consider different options for distributing their tokens — and funding their development.

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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018

Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.

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Federal Judge Applies Long-Established Securities Law to ICOs

Does a decades-old securities law apply to an initial coin offering (ICO)? In a case that represents the first time securities laws have been applied to cryptocurrencies, a district judge says it may.

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‘Pitcin Maven’ imprisoned for multi-million dollar Bitcoin cash transaction – Kismotto

The latest cryptocurrency criminal to get the book thrown at them is “Bitcoin Maven,” a 50-year-old woman who ran a bitcoin-for-cash exchange operation. The Department of Justice announced Theresa Lynn Tetley, a former stockbroker and real estate investor, was sentenced to 12 months and one day in federal prison this week for operating an unlicensed

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