Browsing the "Crime" Tag

Mark Karpeles

10-Year Jail Term Sought for Former Mt Gox CEO Mark Karpeles

| Yogita Khatri

Japanese prosecutors are seeking a 10-year sentence for former Mt. Gox CEO Mark Karpeles over embezzlement of user funds.

Suspect Crypto Transactions Rise in Japan But Still Just 1.7% of Total

| Yogita Khatri

Reported suspicious crypto transactions soared in the first 10 months of 2018, but fiat is still vastly more popular in money laundering.

US Government Offering Up to $800K for Anti-Forgery Blockchain Solutions

| Yogita Khatri

The U.S. Department of Homeland Security is seeking to fund anti-counterfeiting solutions from blockchain startups with grants of up to $800,000.

Four More ICOs Hit with Cease-and-Desists by Colorado Securities Regulator

| Yogita Khatri

Colorado's securities watchdog has issued four more cease-and-desist orders against suspect ICOs, taking its total since May to 18.

Bitmain Sues Alleged Bitcoin Thief in US Federal Court

| Nikhilesh De

Bitmain has filed a lawsuit against an anonymous thief in a US federal court, who allegedly stoled 617 bitcoin from the crypto mining giant.

CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud

| Yogita Khatri

A bitcoin trader has been jailed and fined over $1.1 million for stealing bitcoin and litecoin, and then defrauding investors to repay the loss.

Chinese School Principals Caught Mining Ethereum At Work

| Yogita Khatri

Two principals at a Chinese school got in hot water after installing ethereum miners at the institution, according to a report.

Bitcoin Trader Pleads Guilty Over Unlicensed Exchange Business

| Yogita Khatri

A bitcoin trader from California has pleaded guilty to operating an unlicensed money transmission business and now faces up to five years in prison.

Judge Orders Trading Firm, CEO to Pay $2.5 Million in Bitcoin Ponzi Case

| Nikhilesh De

The CFTC has won a legal battle against a New York resident and his company for running a Ponzi scheme centered around bitcoin.

North Dakota Securities Regulator Issues Cease and Desists Against 3 ICOs

| Yogita Khatri

North Dakota's securities watchdog is again taking action against ICO projects it alleges are operating illegally in the state.