Browsing the "MyCoin" Tag


Alleged Bitcoin Ponzi Scheme Organizers Arrested in Taiwan

| Stan Higgins

Authorities in Taiwan have reportedly arrested two individuals in connection with bitcoin-focused Ponzi scheme MyCoin.


Thai Police Seek Answers in Alleged Digital Currency Ponzi Scheme

| Grace Caffyn

Police in Thailand have raided 13 rooms at a Bangkok apartment complex in connection with alleged digital currency ponzi scheme Ufun.

Hong Kong Legislative Council

Hong Kong Official: Bitcoin Legislation Not Necessary

| Stan Higgins

A senior Hong Kong official has said that the government does not see a need for legislation that would regulate bitcoin.


150 More MyCoin Bitcoin Scheme Victims Step Forward

| Pete Rizzo

An additional 150 victims of alleged bitcoin exchange MyCoin have come forward to local police.


Police Arrest Five in MyCoin Bitcoin Exchange Scheme Case

| Stan Higgins

Five individuals have been arrested by Hong Kong police in connection with the collapse of MyCoin, an alleged bitcoin trading platform.

bitstamp resumes services

Markets Weekly: Price Jumps $50 in Four Days of Trading

| Joon Ian Wong

The bitcoin price jumped $50 in four days of trading, but settled back below the $250 mark after crossing the threshold in earlier trading.


Bitcoin in the Headlines: Hong Kong’s MyCoin Sparks Global Conversation

| Yessi Bello Perez

CoinDesk examines this week's bitcoin headlines, breaking down the MyCoin scandal and more.


MyCoin Customers Report $8.1 Million in Losses to Hong Kong Police

| Tanaya Macheel

Hong Kong lawmakers are urging the government to impose a ban on bitcoin after more than 25 victims in a MyCoin fraud case approached police.


Hong Kong Central Bank Warns Against Bitcoin Following Alleged Scam

| Joon Ian Wong

Members of the public should exercise extra caution when considering an investment in bitcoin because of the digital currency’s “highly…

Bitcoin theft

Hong Kong’s MyCoin Disappears With Up To $387 Million, Reports Claim

| Jon Southurst

Hong Kong bitcoin exchange MyCoin has shut its doors, taking with it as much as HK$3bn ($386.9m) in investor funds, reports say.