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bitcoin theft

paul vernon ceo cryptsy theft

Did Paul Vernon (Cryptsy CEO) Steal from his own exchange?

Cryptsy CEO Paul Vernon Stole from Exchange, Court Papers Alleges A recent development in the case alleges that Cryptsy CEO, Paul Vernon, or Big Vern, exchanged $3.3 million of cryptocurrency from the exchange to his and his wife’s bank accounts. This statement comes a receiver involved with the class action lawsuit continuing since the closure of cryptsy on January 16, 2016 …

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Biggest Bitcoin Heist Theft

Biggest Bitcoin Heists

Biggest Bitcoin Heists Bitcoin has gained a notorious reputation since mainstream media caught wind of heists in 2009. Mt Gox scandalmay be one of the most infamous accounts, but there are plenty more examples. Billions of Bitcoin are still “missing” in todays economy, which may lead to the higher price. Bitcoin has been prone to …

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cyber crime bitcoin extortion

Bitcoin Crime: Bitcoin Extortion on the Rise

Bitcoin Ransom Extortion an Increasing Problem 21st century Digital Extortions on the rise with Bitcoin at the Center Bitcoin Ransoms in Lieu of Duffle Bags of Cash One way people have been using or should I say misusing Bitcoins is through demanding ransoms from people with crypto coins as the payoff instead of a bag …

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bitstamp hack

Bitstamp Exchange Theft: Trusting BTC Exchanges

Bitstamp Theft: Trusting Bitcoin Exchanges Since Bitstamp’s theft of 5.1$ million of bitcoin (~16,000 bitcoin), their shutdown response, and anticipated reopening, the bitcoin community, even the mainstream media couldn’t resist speculating on the future of currency, bitcoin. The bitcoin which was stolen, was immediately recognized on blockchain.info and labelled at this address. It’s strange how the …

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Bitcoin Theft: The Issue Persists

Arm yourself with Knowledge and Further Safeguard your Bitcoins Bitcoin and cryptocurrencies at this point in time are not without their own sets of limitations and downsides. There have been numerous instances of individual wallets or entire exchanges being the victim of theft. Most large scale thefts occur at exchanges or online wallet services that …

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