Bitmain / 6:08 am

Bitmain Sues Alleged Bitcoin Thief in US Federal Court

Crypto mining hardware maker Bitmain has filed suit against an anonymous thief in a US federal court. In a complaint submitted to the U.S. District Court, Western District of Washington at Seattle, Bitmain alleges that the unidentified thief stole 617 bitcoin from an account it holds at crypto exchange Binance, and is seeking a jury trial […]

AML / 4:09 pm

Crypto Exchanges Should Take a Hard Look at IP Address-Masking Services

Richard Malish is General Counsel at NICE Actimize where he counsels on global anti-money laundering, fraud, trading compliance and banking regulatory matters. The New York Attorney General (“NY AG”) recently issued a report on its fact-finding enquiries to multiple virtual currency trading platforms believed to be operating in New York. One of its many interesting […]

AT&T / 3:35 am

Victims Sue AT&T, T-Mobile Over ‘SIM Swap’ Crypto Hacks

Silver Miller. a cryptocurrency-focused law firm based in the U.S., says it has filed arbitration claims against AT&T and T-Mobile on behalf of victims of “SIM swapping” cellphone hacks. Initiating the court actions on behalf of clients that have lost funds to criminals that used the increasingly common method of infiltrating mobile devices to access cryptocurrency […]

Asia-Pacific / 2:15 pm

Chinese School Principals Caught Mining Ethereum At Work

Two principals at a Chinese school got in hot water after stealing power from the institution to mine the ethereum cryptocurrency. According to a report from Hong Kong news outlet HK01 on Wednesday, Puman Middle School in Hunan province had been experiencing higher than normal noise levels from its computers over recent months, even on the […]

Bitcoin / 3:13 pm

Hackers Breach Popular Web Analytics Site to Target Crypto Exchange

Cryptocurrency exchange Gate.io was apparently the target of hackers who compromised a widely used web analytics platform this week. According to a report from internet security firm ESET on Tuesday, bad actors compromised Ireland-based web analytics site StatCounter, in an attempt to steal bitcoin from the exchange’s customers. The attackers managed to inject malicious code […]

Crime / 3:58 pm

Hackers Behind $60 Million Zaif Crypto Exchange Theft May Have Been Exposed

Cybersecurity experts at Japan Digital Design, a subsidiary of Mitsubishi UFJ Financial Group (MUFG), say they’ve found possibly revealing information on the bad actors behind the $60 million hack of Japanese crypto exchange Zaif. The company announced in a press release Monday, that it has been investigating the outflow of funds from Zaif since soon […]

Bitcoin / 4:03 am

Winklevoss Brothers Sue Charlie Shrem Over $32 Million in Bitcoin

Cameron and Tyler Winklevoss are reportedly suing early bitcoin investor and entrepreneur Charlie Shrem over thousands of bitcoin they allege he owes them from a previous business deal. According to a report from The New York Times on Thursday, Shrem – who previously spent a year in prison for money laundering and operating an unlicensed money-transmitting business […]

Binance / 8:36 pm

Data Shows Millions Leaving Crypto Wallets Tied to Long-Troubled Exchange

The world’s largest cryptocurrency exchange Binance has frozen accounts that received more than 93,000 ether from two wallets indirectly linked to the troubled Russian exchange WEX. The accounts were frozen on October 25, Leah Li, a spokeswoman for Binance, told CoinDesk. The action was taken in response to pleas from WEX users who have been […]

Bitcoin / 10:18 am

Bitcoin Trader Pleads Guilty Over Unlicensed Exchange Business

A 21-year-old bitcoin trader from California has pleaded guilty to operating an unlicensed money transmission business and now faces a maximum of five years in prison. According to a news release issued Monday by the Attorney’s Office of the Southern District of California, the trader, Jacob Burrell Campos, admitted as part of a plea deal that he had […]

Australia / 6:00 am

23-Year-Old Australian Woman Arrested Over Theft of 100,000 XRP

A 23-year-old woman from Sydney, Australia, has been arrested over the alleged theft of cryptocurrency worth over $300,000 at the time. The unnamed woman is said to have stolen 100,000 XRP in January from a wallet owned by a 56-year-old man, according to a report by ZDNet on Wednesday. She was apparently arrested by police […]