Crime

Often referred to as the ‘Wild West of finance’, various scams, hacks and other crimes have been exposed and reported in the bitcoin world. Here you’ll find the latest news on the darker side of cryptocurrency.

Blockchain Analysis Links Hamas Fundraising to Coinbase Bitcoin Account

| Leigh Cuen

Hamas is soliciting bitcoin donations for its military operations, but so far has only garnered a few thousand dollars.

New Crypto Mining Malware Seen to ‘Evolve,’ Say Researchers

| Yogita Khatri

Researchers at cybersecurity firm Check Point say a relatively new form of crypto mining malware, dubbed KingMiner, is “evolving.”

UK’s National Health Service Hit in Global Ransomware Wave

| Stan Higgins

Multiple outlets are reporting a wave of ransomware attacks affecting the UK’s National Health Service as well as other firms throughout the world.

Ex-FBI Chief: Virtual Currencies Hinder Criminal Investigations

| Stan Higgins

The Federal Bureau of Investigation's work is being hampered by the criminal use of virtual currencies.

UN Agency Launches Cryptocurrency Cybercrime Training

| Stan Higgins

The United Nations agency dedicated to fighting drug trafficking and organized crime has developed a new cryptocurrency training program.

More German Prosecutors Join OneCoin Investigations

| Stan Higgins

Regional prosecutors in Germany are investigating a payment processor connected to OneCoin.

Hungary’s Central Bank Organizes Task Force Against OneCoin

| Stan Higgins

Hungary's government has set its sights on OneCoin, a digital currency investment scheme widely believed to be fraudulent.

Litecoin Mining Pool Disappears, Stoking Fears of Fraud

| Stan Higgins

A litecoin mining pool seemingly pulled the plug over the weekend, stoking accusations of theft and fraud.

Justice statue

LocalBitcoins User Pleads Guilty After Undercover Sting

| Stan Higgins

A Local Bitcoins seller based in Missouri has plead guilty to running an unlicensed money transmission business.

German Regulators Order OneCoin to ‘Dismantle Trading System’

| Stan Higgins

Germany is stepping up its ongoing crackdown on OneCoin, a digital currency investment scheme widely believed to be fraudulent.