Bitcoin ATMs Operator Faces 30 Years in Prison for Money LaunderingKais Mohammad, 36, a California resident also known under the moniker Superman29, has confessed to conducting unlicensed cryptocurrency exchange services and laundering up to $25 million. From 2014 to 2019, Mohammad operated an illegal virtual currency business called Herocoin.
Nearly $1 Billion Stolen in Crypto Hacks in 2018Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year, up nearly 250 percent from the 2017 levels, according to cyber security firm CipherTrace.
Alleged BTC-e Operator Alexander Vinnik to be Extradited to France, Greek Court RulesThe court in Greek city of Thessaloniki agreed on Friday to extradite a Russian cybercrime suspect and alleged BTC-e exchange operator Alexander Vinnik to France.
Russian Crypto Criminal Admits Money Laundering and FraudAccording to Russian media, the alleged BTC-e mastermind Alexander Vinnik has confessed to charges of fraud and money laundering on May 24, 2018. Reports reveal a signed document details that Vinnik admits to committing financial fraud between 2011-2017 through the now-defunct BTC-e cryptocurrency exchange.
Ukrainian Hackers Stole $50 Million in Bitcoins Using ‘Poison’ Google AdsA Ukrainian hacker group dubbed Coinhoarder has stolen more than $50 million in cryptocurrency from users of Blockchain.info, one of the most popular providers of digital currency wallets, according to a report published Wednesday by Cisco’s Talos cybersecurity team.
EXMO: Pavel Lerner is Safe, No Physical Harm InflictedBitcoin exchange EXMO has released an official statement on the abduction of Pavel Lerner, the platform’s leading analyst. According to EXMO representatives, at the moment Pavel Lerner is safe.
Leading Analyst of EXMO Cryptocurrency Exchange Kidnapped in KyivPavel Lerner, leading analyst at cryptocurrency exchange Exmo, was kidnapped in Kyiv, Ukraine, on Tuesday, December 26.
Alleged BTC-e Co-owner Transferred to Prison in AthensAccording to Alexander Vinnik’s lawyer Timofei Musatov, Mr. Vinnik has been transferred from Saloniki to Athens due to the forthcoming court session in Greece’s court of justice scheduled on November 15th.
Greek Court Rules in Favor of Alexander Vinnik’s Extradition to Russia Causing a Legal ControversyThe council of judges in Saloniki has ruled on October 11th that Russian national Alexander Vinnik suspected of fraud has to be extradited to Russia. This grants the request from Russia’s general prosecutor.
Alleged BTC-e Co-Owner To Be Extradited to the U.S. with 55 Years Worth of ChargesThe judges council in Saloniki, Greece, has granted the U.S. request to extradite Russian national Alexander Vinnik, the prime suspect in the money laundering case involving cryptocurrency exchange BTC-e.
The Munich Killer’s Weapon Bought for Bitcoins Was a Theatrical PropLast week, the world’s media was full of terrible news on a shootdown in a mall in the German city of Munich committed by a man of Iranian descent. According to Suddeutsche Zeitung, the gun that the killer bought on the dark web, was initially a replica. The publication reported that the weapon was earlier […]
FDCS of Russia: Drug Dealers Use Bitcoin 20 Times as OftenAccording to RIA Novosti, Dmitri Buyanov, eputy head of the Federal Drug Control Service of the Russian Federation, has stated that Russian drug dealers started using cryptocurrency twenty times as often during the last year.