Bitcoin ATM Double-Spenders: Police Need Help Identifying Four Criminals

Bitcoin ATM Double-Spenders: Police Need Help Identifying Four CriminalsCBC reports that four Canadian men are wanted in connection with conducting double-spend attacks against Bitcoin ATMs in four cities. A total of 112 transactions are alleged to have taken place in September last year, with half of them taking place in Calgary. The other attacks took

Judge: $1 Billion Bitcoin Lawsuit against Craig Wright Will Continue

Judge: $1 Billion Bitcoin Lawsuit against Craig Wright Will ContinueA motion by the self-declared creator of Bitcoin and the chief scientist at blockchain firm nChain, Craig Wright, to have a multi-billion dollar lawsuit accusing him of stealing bitcoins belonging to an alleged business partner dismissed has been denied. Wright Loses Bid to Dismiss Lawsuit over

AriseBank CEO Settles SEC Charges

AriseBank CEO Settles SEC ChargesCCN previously reported on the arrest and murky background of Jared Rice, Sr., the “CEO” of the AriseBank ICO scheme which saw him lining his pockets and paying personal expenses out of raised funds in the extreme. Yesterday afternoon, the SEC announced that it had reached a settlement with Rice as

Romanian Bitcoin Exchange CEO Helped Launder Stolen Funds: Report

Romanian Bitcoin Exchange CEO Helped Launder Stolen Funds: ReportAccording to a Cluj, Romania-based newspaper, the case of bitcoin exchange executive Vlad Nistor is much deeper than the simple illegal operation of a cryptocurrency firm. Their most recent report on the case speaks to some much more serious allegations as to the behavior of Vlad Nistor.

Strategy Shift: North Korean Hackers Take Aim at Individual Crypto Investors

Strategy Shift: North Korean Hackers Take Aim at Individual Crypto InvestorsFaced with depleted reserves and having been hit with sanctions aimed at its illegal nuclear weapons program, North Korean hackers have a new strategy for growing the country’s cash reserves — steal crypto holdings from individual investors. According to a report from the South China Morning

FBI Arrests ‘Crypto Bank’ CEO Who Embezzled ICO Funds

FBI Arrests ‘Crypto Bank’ CEO Who Embezzled ICO FundsWell, that escalated slowly. The CEO of “AriseBank,” who CCN previously reported as the target of an SEC injunction and civil proceedings in January, was arrested by the FBI this week without incident on charges of fraud to the tune of around $4 million, according to a

Make-A-Wish-Foundation Website Infected with Crypto Mining Malware

Make-A-Wish-Foundation Website Infected with Crypto Mining MalwareCyber criminals seem to have reached a new low, as they have targeted the site of one of the most popular children’s foundations in the world and infected it with crypto mining malware. In a published report this week, researchers from security firm Trustwave reported that a CoinImp crypto