‘Bitcoin Jesus’ Preaches Libertarian Gospel of Crypto & Crack Cocaine

By CCN: Roger Ver took to YouTube to read another letter from Ross Ulbricht, creator of the first darknet market using Bitcoin. The libertarian idealist used the opportunity to rail against the war on drugs. Roger Ver Reads Letter from Silk Road Founder Ross Ulbricht Roger Ver – once nicknamed “Bitcoin Jesus” for his rabid …

Ex-Minnesota Vikings Owner Ensnared in Massive Bitcoin Scandal

By CCN: One of bitcoin’s biggest scandals just keeps growing more bizarre, as reports now indicate that former Minnesota Vikings co-owner Reginald “Reggie” Fowler finds himself ensnared by the scheme. The U.S. Justice Department charged Fowler – who also helped bootstrap the now-defunct Alliance of American Football – over his role in concocting a shadow …

Blockchain-Challenged Authorities Take Down Crypto’s Largest Dark Web

By CCN: It appears safety standards for criminals on the dark web are shrinking quickly. Following a series of raids in both Germany and the United States, American and European officials have succeeded in taking down what they call one of the world’s “largest online criminal trafficking operations.” The problem is it took authorities two …

Suspicion Grows Over Dark-Web Market’s $30 Million Crypto Theft

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Silk Road 2 Founder Sentenced 2 Five Years For Child Porn and Drugs

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Pakistan Police Schemed with Criminal Gang in Bitcoin Ransom Kidnapping

A Pakistani crime ring that extorted a partial Bitcoin ransom has been busted. All the news of a stand-off between Pakistan and India has shrouded earlier reports of an IT professor who was kidnapped and held for 20 million rupees. Shahid Naseer was kidnapped March 19th, according to a local media outlet. Faisal Yousuf, a …

$950 Million Stolen from ‘Immature’ Cryptocurrency Exchanges & Wallets in 2018: Analytics Firm CEO

$1.7 billion was stolen from cryptocurrency exchanges, custodial services, and in ICO exit scams in 2018. That’s a dramatic rise from the year before, despite the shrinking market. And according to the Q4 CipherTrace Cryptocurrency Anti-Money Laundering Report, that money needs to be laundered. But here’s the kicker: with a global wave of regulations going …

Two Groups Have Dominated Cryptocurrency Hacks, Raking in $1 Billion: Chainalysis

Blockchain analysis firm Chainalysis has disclosed that just two groups benefited from the majority of cryptocurrency hacks that have occurred to date. Per The Wall Street Journal, the two hacking groups could have obtained as much as $1 billion in cryptocurrencies. Since bitcoin came into being, over $1.7 billion worth of cryptocurrencies are estimated to …

$1 Billion Bitcoin Lawsuit against Craig Wright Will Continue

A motion by the self-declared creator of Bitcoin and the chief scientist at blockchain firm nChain, Craig Wright, to have a multi-billion dollar lawsuit accusing him of stealing bitcoins belonging to an alleged business partner dismissed has been denied. Wright Loses Bid to Dismiss Lawsuit over Alleged Bitcoin Theft In a ruling delivered on Thursday …

Belgian Authorities Add 14 Websites to Cryptocurrency Scam Blacklist

FSMA Logo Belgium’s Financial Services and Markets Authority (FSMA) has added 14 new websites to its growing list of websites flagged as cryptocurrency investment scam platforms. The number of websites on the list now stands at 113 with the new additions as the regulator continues its ongoing effort to protect Belgian investors from the relatively …