Crime

Crypto CEO Sentenced to 3-Year Jail Term for Faking Trading Volume

| Daniel Palmer

Two execs from South Korean crypto exchange Komid have been given jail time for faking trading volume and deceiving investors.

New Zealand Police Keeping ‘Open Mind’ on Cryptopia Hack

| Yogita Khatri

New Zealand Police says the investigation into the hack of crypto exchange Cryptopia is complex and it's keeping an "open mind" on all possibilities.

New Zealand Crypto Exchange Cryptopia Goes Offline Citing Hack

| Yogita Khatri

New Zealand-based cryptocurrency exchange Cryptopia has gone offline claiming "significant" losses arising from a hack.

Japan Eyes Regulation of Unregistered Crypto Investment Schemes

| Yogita Khatri

Japan’s financial regulator is reportedly looking to close a loophole that lets unregistered investment firms solicit funds in cryptocurrencies.

Craig, Wright

Craig Wright Denied Attempt to Dismiss Lawsuit Over Billions in Bitcoin

| Yogita Khatri

A U.S. court has denied crypto entrepreneur Craig Wright’s attempt to dismiss a lawsuit alleging he misappropriated at least 300,000 bitcoin.

Electrum Wallet Attack May Have Stolen As Much as 245 Bitcoin

| Yogita Khatri

A phishing attack on the Electrum wallet network has reportedly managed to steal bitcoin worth over $800,000.

Mark Karpeles

Mt Gox CEO Mark Karpeles Claims Innocence as Trial Nears End

| Daniel Palmer

In his closing arguments in a Tokyo court, Mark Karpeles, former CEO of collapsed bitcoin exchange Mt. Gox, said he did not embezzle funds.

Suspected Electricity Thief Arrested After Mining $3 Million in Bitcoin, Ether

| Yogita Khatri

A man in Taiwan has been arrested over claims he mined $3.25 million in cryptos using stolen electricity.

Executives at Korean Crypto Exchange UPbit Indicted for Fraud

| Yogita Khatri

Three executives of UPbit, one of South Korea’s largest cryptocurrency exchanges, have been formally charged by the country’s prosecutors.

US Government Issues Advice Over Bitcoin Bomb Threat Emails

| Yogita Khatri

The U.S. government has confirmed the existence of bomb threat emails that demand bitcoin from organizations and suggested steps to take.