Crime

Charged Aussie Bitconnect promoter faces up to 47 years in prison

The Australian Securities and Investments Commission, or ASIC, has charged the former Australian national representative of BitConnect for his involvement in the multi-billion-dollar crypto Ponzi scheme. According to a Nov. 17 statement from the ASIC, the commission — with assistance from the U.S. Federal Bureau of Investigation — has charged John Louis Anthony Bigatton for …

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Ubisoft Montreal staffers barricade on roof amid possible hostage situation

Enlarge Getty Images / Ubisoft / Aurich Lawson A potential hostage situation is reportedly taking place at the building in which game developer Ubisoft’s Montreal office is housed. A group of suspects are reportedly holding tens of people hostage at Ubisoft Montreal, according to local (French-language) media outlet LCN. The situation reportedly began around 1:30pm …

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Ex-Microsoft Dev Gets 9 Years in Prison Over $10M Theft Involving Bitcoin Mixing

A former software engineer at Microsoft received a nine-year prison sentence Monday for an elaborate multi-million dollar criminal scheme involving bitcoin and digital gift cards. Ukrainian citizen Volodymyr Kvashuk, 26, was sentenced in the U.S. District Court in Seattle for 18 federal felonies related to his scheme to defraud Microsoft of more than $10 million. …

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UK Police Find no Crime in Alleged $3M Crypto ‘Staking’ Scam

Investors who say they lost hundreds of thousands of pounds in an alleged cryptocurrency fraud have had no luck persuading the police that there was in fact a crime committed. According to an investigation by the Metro newspaper published Tuesday, a number of investors said they had invested in a cryptocurrency project called Lyfcoin on …

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FBI Investigated Extortion Attempt Over Allegedly Negative Ripple Videos

Ripple Labs, the digital asset payment service provider tied to XRP, one of the five largest cryptocurrencies, was blackmailed at the height of crypto mania three years ago, CoinDesk has learned. Documents obtained by CoinDesk through a Freedom of Information Act request show an unidentified individual emailed Ripple on Oct. 19, 2017, demanding 5 million …

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Nevada Woman Charged in Bitcoin Murder-for-Hire as a Mystery Hacker Again Turns Tipster

A Nevada woman is facing federal charges for allegedly paying a darkweb hitman $5,000 worth of bitcoin to murder her ex-husband in a case that shares striking parallels with another recent murder-for-hire plot. The charges demonstrate how individuals who view bitcoin as a gateway to criminal dealings – thinking, perhaps, that the crypto provides unparalleled …

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Six people face charges for allegedly bribing Amazon staff to help sellers

Agron Beqiri/NurPhoto via Getty Images The US is cracking down on an elaborate scheme to boost some third-party Amazon sellers at the expense of others. A Grand Jury in Washington has indicted six people (via The Verge) for allegedly bribing Amazon staff and contractors to gain an edge in the internet giant’s Marketplace. To start, …

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Whistleblower Kidnapped in Ukraine After Accusing Crypto Firm of Exit Scam

A group of people pushed a man into a gray minivan on a dark street. The man yelled, “Help! Help! No!” and pushed against the van. Passersby shouted, “Let him go!” and tried to stop the van. The man was finally stuffed inside and the van left.  This blurry video, apparently filmed by an unidentified …

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