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Silk Road site admin extradited to US hit with 78-month prison sentence
Irish man Gary Davis, also known as “Libertas,” has been sentenced to 78 months in prison for helping to run the now defunct Silk Road website on the dark web. The Irish national, who was extradited to the US in July last year, was arrested in January 2014. дальше »
2019-7-26 17:35 | |
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Justice Department Slaps Escrow Firm Director in $7 Million Bitcoin Fraud
US authorities have arrested the operator of a Bitcoin escrow company for defrauding two firms of $7 million. Jon Barry Thompson – a Pennsylvania man who is the director of the Bitcoin escrow firm Volantis – has been arrested and charged with two counts of wire fraud and two counts of commodities fraud, the US […] The post Justice Department Slaps Escrow Firm Director in $7 Million Bitcoin Fraud appeared first on CCN Markets дальше »
2019-7-27 16:46 | |
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This scammer allegedly stole $7 million from businesses that just wanted to buy Bitcoin
The US Federal Bureau of Investigation (FBI) has indicted a Pennsylvanian man for allegedly defrauding $7 million from prospective Bitcoin investors through an effectively fake “escrow” service. дальше »
2019-7-26 15:23 | |
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How Government Agencies Make Criminals of Crypto Traders
A New Jersey man has been indicted this week for converting over $2 million to bitcoin and operating a private exchange business not registered with the U. S. Secretary of the Treasury. According to a July 24 press release by the U. дальше »
2019-7-26 07:45 | |
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New Jersey Man In Soup For Selling Bitcoin Worth $2 Million
New Jersey resident William Green faces up to 5 years in prison and a $250,000 fine for selling $2 million worth of Bitcoin online. The Justice Department Lays Down the Hammer On Wednesday the U. дальше »
2019-7-25 22:32 | |
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As Craig Wright Defends His Satoshi Claims, Belgium Man Debo Jurgen Etienne Guido Says He Is The True Nakamoto
Anyone that has been on Crypto Twitter in the last few months knows how aggressive that Craig Wright has been in regard to his claims to be Satoshi Nakamoto, the creator of Bitcoin. His claims have led him to court as well, due to a case that started back in 2018 over the estate of […] дальше »
2019-7-25 19:34 | |
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U.S. Man Indicted for Running Illegal Bitcoin Exchange
William Green, a Monmouth County, New Jersey resident has been indicted by a federal grand jury for operating a bitcoin trading business dubbed “Destination Bitcoin” without registering with the Secretary of the Treasury as required by the law, according to a press release on July 24, 2019. дальше »
2019-7-25 15:00 | |
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Feds Rightfully Indict New Jersey Man for Running Illegal Bitcoin Exchange
One of the many problems with bitcoin is that regulatory policy is still developing, and it is individuals like William Green that will always require cryptocurrency never stray far from the very governments they seek independence from. дальше »
2019-7-25 11:59 | |
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Another Self-Proclaimed Satoshi Appears in the High Profile Bitcoin Lawsuit
A new filing has been submitted to the ongoing Kleiman v. Wright case stemming from a man who claims to be Satoshi Nakamoto. The man, named Debo Jurgen Etienne Guido, has sent handwritten testimony to the Southern District of Florida courthouse asserting that he is the “genuine and only originator/creator” of the genesis block that […] The post Another Self-Proclaimed Satoshi Appears in the High Profile Bitcoin Lawsuit appeared first on Bitcoin News. дальше »
2019-7-24 21:00 | |
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$840,000 Bitcoin ransom plot foiled, kidnapped crypto traders rescued
Police in India have rescued three people, including two cryptocurrency traders, that were held to ransom for two weeks to the sum of 80 Bitcoin ($840,000). At 2. 30am on Sunday, a man with a pistol was spotted outside Shankara Residency in Bhankrota. дальше »
2019-7-15 17:49 | |
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Coping with crypto: The stages of Bitcoin acceptance
Bitcoin and the rest of the cryptocurrency market are more than an industry. For some it is a great new trend, for others, it is a channel to ‘stick it to the man’ and for the rest, it is what it is: a decentralized privacy-driven market with the aim of bettering the current financial imbalance […] The post Coping with crypto: The stages of Bitcoin acceptance appeared first on AMBCrypto. дальше »
2019-7-14 18:00 | |
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Largest Bull Signal? US President Donald Trump Lambasts Bitcoin And Facebook’s Libra
The president of the United States, Donald J. Trump voiced his opposition for cryptocurrency, with main focus on bitcoin and Libra via a thread of tweets on Friday morning (Asian time). This is the first time that the ‘most powerful man’ on earth made public comments regarding the cryptocurrency space. дальше »
2019-7-12 12:19 | |
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Trump's Dislike of Bitcoin Unites and Emboldens Crypto Community
The other shoe has dropped, and the president of the United States doesn't like bitcoin. While disappointing, it's not entirely shocking that a man who accumulated his wealth in the real estate market would take issue with a non-sovereign currency. дальше »
2019-7-12 05:45 | |
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Donald Trump Not a Fan of Bitcoin And Crypto? Too Volatile, He Says
Wow, just wow. Donald Trump, the president of the United States, has openly commented on Bitcoin and crypto assets. On Twitter no less. This is presumably the businessman-turned-most powerful man on Earth’s first public comment on the cryptocurrency space since he began his presidency. дальше »
2019-7-12 03:43 | |
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Furious Bitcoin scam victims torch alleged Ponzi mastermind’s house
Angry victims have looted and torched the home of a man who reportedly operated an alleged Bitcoin Ponzi scheme in South Africa. Firefighters in Ladysmith, approximately 365 kilometres south of Johannesburg, were called to Sphelele “Sgumza” Mbatha’s house on Wednesday afternoon after several angry citizens set the building on fire. дальше »
2019-7-11 13:23 | |
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Notorious 2017 ICO Shill Mulls Becoming Bitcoin Maximalist
Self-proclaimed ‘Made Man’ and shameless ICO shill, Ian Balina, claimed he is thinking of becoming a Bitcoin maximalist. He made the revelation in an interview with Bloxlive TV. Lulled Into A False Sense Of Security (Token) Balina, a vlogger and creator of some of the most cringe-worthy crypto-related songs ever, didn’t appear to have been invited to talk about Bitcoin. дальше »
2019-7-11 23:30 | |
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Who’s the Bitcoin Bag-Carrying Man Leaving Deutsche Bank?
The Famous Bitcoin Bagholder Yesterday, the Financial Times published a surprising image: a Bitcoin bag-carrying, nice suit-clad man purportedly leaving the London Deutsche Bank building. While the story that accompanied was focused on the collapse. дальше »
2019-7-10 10:27 | |
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The story behind the iconic Deutsche Bank ‘Bitcoin Bag Man’ photo
A photograph showing two men walking next to a Deutsche Bank sign-carrying tote bags with “Bitcoins” written on them went viral on social media, leading many to believe they were one of the thousands that were laid off in the bank’s recent staff cuts. дальше »
2019-7-10 00:44 | |
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Using The Apollo Guidance Computer (AGC) It Will Take a Billion Times The Age Of The Universe to Mine a Single Bitcoin (BTC) Block
Ken Sheriff, an expert in early computers, has been restoring the Apollo Guidance Computer (AGC), the guidance system used in the 60's by NASA to put a man on the moon. Sheriff also programed the AGC to process Bitcoin (BTC) code, however, he concluded that the time required to mine a single Bitcoin block using […] дальше »
2019-7-9 17:17 | |
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Using Most Advanced Computer of the ’60s It’d Take a Billion Times the Age of the Universe to Mine a Bitcoin Block
An early computing expert has been restoring the guidance system used by NASA to land a man on the moon in the 1960s. Ken Sheriff has also programmed the machine to run Bitcoin code but says it would take an insanely long time to mine a single Bitcoin block using the once-high tech hardware. дальше »
2019-7-9 00:00 | |
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Experts Dissect Craig Wright’s ‘Satoshi’ Testimony and Court Documents
Last week, Craig Wright, the man who claims he’s Satoshi Nakamoto, appeared in court and testified why he did not have access to his public bitcoin addresses and trust information. Since then a lot of new evidence has been submitted to the court and members of the crypto community have dissected Wright’s recent testimony and […] The post Experts Dissect Craig Wright’s ‘Satoshi’ Testimony and Court Documents appeared first on Bitcoin News. дальше »
2019-7-8 12:00 | |
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Florida Man Fired After Lake City Suffers Massive Ransomware Attack
A city in Florida paid out around $460,000 in a bitcoin ransom scheme, about a week after another Florida city paid around $600,000. Lake City’s IT Director Brian Hawkins has been fired as a result of the breach, which shut down the city’s critical digital infrastructure. дальше »
2019-7-3 00:50 | |
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Craig Wright Intends to Call Three Expert Witnesses to His Evidentiary Hearing
The man who claims to have invented Bitcoin, Craig Wright, will be appearing in court on Friday, June 28 in West Palm Beach, Florida for an evidentiary hearing. According to recently filed documents in the Kleiman v. дальше »
2019-6-28 02:55 | |
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Goldmoney Founder: Bitcoin Is An Enterprise And Users Are Akin To Its Shareholders
Unless you are very young, you probably remember the 2008 financial crisis. The last crisis that rocked the financial world and its consequences (the bank bailouts, for instance) were part of the reason why Bitcoin was created. дальше »
2019-6-28 02:39 | |
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Bitcoin (BTC) And Cryptocurrencies Are The “Poor Man’s Gold”
Argument is, Bitcoin and Crypto is receiving all speculative demand Silver, the poor mans gold, had. This is limiting Silver's prices as BTC soar. The post Bitcoin (BTC) And Cryptocurrencies Are The “Poor Man’s Gold” appeared first on Ethereum World News. дальше »
2019-6-26 11:55 | |
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7 Darknet Markets Where Your Cryptocurrency Is Welcome
Whether you’re a Store of Value advocate or a Medium of Exchange purveyor, every bitcoiner ought to spend a little crypto from time to time. Consider it as paying it forward, spreading the love, fostering adoption or simply treating yourself. дальше »
2019-6-23 02:57 | |
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Facebook Cryptocurrency Chief Says Libra Is Not a Threat to Bitcoin
By CCN Markets: Facebook confirmed that its new cryptocurrency Libra isn’t designed to kill or compete with bitcoin. David Marcus, the man leading Facebook’s crypto efforts, said Libra and bitcoin can co-exist with differing use cases and that’s he a big fan of BTC. дальше »
2019-6-21 14:39 | |
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Flexer charged with trafficking Bitcoin-purchased drugs in Australia
A man who frequently flaunted his wealth on social media has been found guilty of importing and trafficking drugs purchased with Bitcoin on the dark web. Brendan Leigh Baker, 27, a former cafe owner in Canberra, was found guilty in the ACT Supreme Court this week. дальше »
2019-6-19 13:04 | |
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South African Raking in $155,000 a Day Suspected of Running a Ponzi Scheme
A South African man running a Bitcoin investment fund in KwaZulu- Natal is suspected to be running a Ponzi scheme, as early investors have seen huge returns. The man was unwilling to talk to local media about his business plan and he how generates returns for his customers. дальше »
2019-6-18 19:00 | |
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British Bitcoin Scammer Pleads Guilty for Defrauding US Victims of $50 Million
By CCN Markets: Renwick Haddow, the operator of the fake crypto trading platform Bitcoin Store and the fraudulent shared office space Bar Works, admitted to the charges against him with one of his fellow collaborators found guilty by US court. дальше »
2019-6-18 17:42 | |
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Chinese Bitcoin miner arrested for stealing electricity from oil well
Authorities in China have arrested a man after he reportedly stole electricity from an oil well to mine Bitcoin. The arrest was made after the police received a phone call from Daqing Oilfield, located in Haerken district (Tsitsihar, China) on May 28th. дальше »
2019-6-14 15:23 | |
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California man gets 10 years for selling drugs for Bitcoin on dark web
A US man who sold narcotics on the dark web in exchange for Bitcoin has been sentenced to 10 years in federal prison. Tyler Reeves, who sold the drugs under the moniker “Platinum45,” was sentenced on Monday by by United States District Judge James V. дальше »
2019-6-13 12:34 | |
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Bitcoin Was Never Cypherpunk, and Satoshi Nakamoto was Never Meant to Be Anonymous, Craig Wright Says
Craig Wright is determined to make the world accept him as the creator of Bitcoin and the man behind the identity of Satoshi Nakamoto. But instead of signing the genesis block (something the community has. дальше »
2019-6-9 00:59 | |
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Bitcoin Isn’t Cypherpunk, Craig Wright Rants in Attack on Julian Assange
By CCN: The man who claims to be Bitcoin’s inventor wants to rewrite history by erasing the cryptocurrency’s cypherpunk past. Writing in yet another blistering blog post, Craig Wright claimed he left the cypherpunk movement in the 1990s after growing tired of the antics of Julian Assange. дальше »
2019-6-8 22:20 | |
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WATCH: Bitcoin ATM showers London’s Bond Street station in cash money
No, this isn’t a new Anderson Paak video. In a bizarre scene, footage shows a Bitcoin ATM spewing heaps of cash in a shopping centre nearby London’s Bond Street train station, while a security guard does their best to keep onlookers at bay. дальше »
2019-6-7 13:01 | |
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Bitcoin ‘Corrupted’, Worse Than ‘Creation of God’ Gold: Gabelli Analyst
By CCN: Long before bitcoin rocketed past the price of gold in March 2017, crypto believers had touted BTC’s ability to replace gold in an increasingly digital world. Goldbugs, on the other hand, maintain that no technology can ever replace the yellow metal. дальше »
2019-6-6 20:40 | |
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Bitcoin Is Corrupted Because It Was Created By Man, Yet Gold Was Created By God
There are different analysts that have given their point of view about different virtual currencies, including Bitcoin (BTC). This time, Chris Mancini, an analyst at Gabelli Gold Funds, commented that the flagship cryptocurrency was corrupted because it was created by humans, unlike gold, which was created by God, a divine entity. Bitcoin has also been […] дальше »
2019-6-6 00:56 | |
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Bitcoin has been corrupted because it’s a creation of man; while gold is a creation of God, says Analyst
“Bitcoin is a store of value,” stated Chris Mancini, an Analyst at Gabelli Gold Funds. However, unlike several critics who asserted that the coin was a tool for criminals because of its “anonymity”, Mancini remarked that the coin was corrupted because it is a “creation of man”, unlike gold, which is a “creation of God”. дальше »
2019-6-6 20:35 | |
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Bitcoin is a ‘Figment of Everyone’s Imagination’ – Allianz Senior Executive
Neil Dwane of Allianz says he wouldn’t buy bitcoin because it is a figment of the imagination. Another “Old Man Yells at Bitcoin” Away from price movements, million-dollar lunches, and regulatory crackdowns, memes are one of the more endearing aspects of the lighter side of the blossoming bitcoin scene. дальше »
2019-6-5 20:00 | |
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Pharma Bro Martin Shkreli Won’t Let Prison Halt His Get-Rich-Quick Antics
By CCN: Remember the man who thought it was a good idea to raise the price of a life-saving HIV drug by more than 5,000 percent? The one who also thought it was a good idea to start a rap beef with the Wu-Tang Clan? He’s also the guy who tried to buy The Life Of Pablo for $15 million in bitcoin and claims to have spoken with Satoshi Nakamoto. дальше »
2019-6-3 20:00 | |
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Bitcoin (BTC) Reclaiming $8,700 Sets Stage For Instrumental Push to $9,000
For the time being, Bitcoin (BTC) has stabilized, finding itself trading in no man’s land around $8,500 over the past day. If the cryptocurrency begins to make a move on $8,700, however, analysts are sure that things will start to heat up once again, giving BTC the momentum to push higher in yet another massive. дальше »
2019-6-1 10:42 | |
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