Louisiana Officials Probe Staffers for Bitcoin Mining
Louisiana's attorney general is reportedly investigating a group of former staffers for using official resources to mine cryptocurrencies.
Michael Weigand faces a five-year maximum sentence for hiding his role with Silk Road from investigators.
The harrowing incident highlights the proliferation of risky investment schemes and dubious operators in the crypto industry, but also blockchain technology’s potential to help track missing funds.
The case, the website, the circumstances and the source all share parallels with another recent federal murder-for-hire prosecution.
The top U.S. futures regulator has denied a FOIA request related to cryptocurrency exchange Bitfinex and the closely-linked 'stablecoin' operator Tether.
An "international crackdown" on cryptocurrency scams was launched Monday by a group of securities regulators.