Bitcoin crime hasn’t slowed. Our bitcoin crime news gives you the most relevant stories

SEC Sues Ripple over Selling XRP Crypto: $1.3 Billion Dollar Securities Fraud

SEC Sues Ripple over Selling XRP Crypto: $1.3 Billion Dollar Securities Fraud On Tuesday The US Securities and Exchange Commission filed a lawsuit against cryptocurrency platform Ripple, its CEO, and its chairman, for orchestrating securities fraud worth $1.3 billion. According to the complaint, Ripple; Christian Larsen, the company’s co-founder, executive chairman of its board, and former CEO; and Bradley …

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Hacking in Crypto

Hacking in crypto: Cutting-Edge cyber-securitymeasures Cyber-security has become one of the biggest worries of our time; the thing is that you can find 7% of the world’s economy in the web, and it can’t be put in risk of being stolen, especially if we talk about cryptocurrencies. That is why it’s necessary to have blockchain …

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btc-e seized federal government

BTC-E Seized by Federal Government

BTC-E Seized BTC-E has long been a recognized as an exchange with shady beginnings. No one publically came forward as running it, there was uncertainty about it’s location, among many other issues. In a long string of exposing events, the US federal governments and several agencies have seized the domain. Federal Probe into Alleged Exchange …

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Bitcoin Gambling Law

Bitcoin Gambling Law

Bitcoin, a digital currency, was created by a software developer named Satoshi Nakamoto to revolutionize online payments. Based on complex mathematical formulas, this electronically generated currency actually worked and has been in use for more than a decade now. Bitcoin Gambling Law Unlike all other currencies in the world, Bitcoin is neither printed nor controlled …

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Hackers Steal $32 Million In Ether Cryptocurrency Hack

With the growing popularity of cryptocurrencies, cyber criminals are becoming increasingly perceptive. Cybercrime is at an all-time high. Many cases go unreported, a few hundred dollars stolen doesn’t catch someone’s attention. However, one hacker has outdone himself by stealing over $30 million of Ether (ETH). Ether is one of the world’s most popular cryptocurrency, which …

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Bitcoin Ransomware Plagues Landscape

Bitcoin Ransomware Plagues Landscape Noone likes a shakedown. Rather, noone wants to be the target of a shakedown. However, where there’s a will theres a way. As the nature of crime evolves with the times, criminals are adopting Bitcoin as a payment receipt mechanism. Malware trojanhorse type programs such as CryptoLock and CryptoWall are some of …

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IRS Coinbase Request

IRS Wants Information on CoinBase Users

IRS Requests Data on Coinbase Users In an ongoing IRS’s effort to fight tax evasion the Internal Revenue Service working with a federal court has forced Coinbase, a major bitcoin wallet service company to hand over personal information of their users. They’ve targeted those who have made transactions between the year 2013 to 2015. Another …

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Bitcoin Price India

Bitcoin Price Skyrockets in India

Bitcoin Price Tops $985 on Indian Exchanges Ban of High Denomination Notes Indian Prime Minister, Narendra Modi, has announced that 500 Rupee (~$7.28 USD) and 1000 Ruppe (~$14.56 USD) banknotes will be discontinued. This act is part of a set of initiatives known as the Pradhan Mantri Jan Dhan Yojana (PMJDY), or financial inclusion act. The New York Times …

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Federal Judge Rules Bitcoin is Money

Major Ruling By Federal Judge Bitcoin is Real Money Bitcoin is a form of currency with intrinsic value pegged to traditional currency. Governmental and legal entities globally have not come to a consensus how to categorize Bitcoin. In a landmark decision U.S. District Judge Alison Nathan in Manhattan ruled Bitcoin was to be treated as money. This was for on the hacking attack against J.P. Morgan Chase …

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