Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
DoJ is suing for formal forfeiture of funds after tracking down the person holding them
The US government has seized more than $1bn worth of bitcoins connected to the shuttered darknet marketplace Silk Road and is suing for formal forfeiture of the funds.
The case is the biggest cryptocurrency seizure in history, and explains why the bitcoins changed hands this week. Analysts had noticed the transfer on the public blockchain and speculated that it was either due to an unknown Silk Road co-conspirator attempting to cash out, or because the funds had been stolen by hackers.
Use of cryptocurrencies allows children’s agency to bypass fees of moving cash overseas quickly and increase financial transparency
The UN children’s agency, Unicef, has announced it is accepting and disbursing donations through cryptocurrencies ether and bitcoin.
Unicef’s new Cryptocurrency Fund is the latest in a series of efforts by aid organisations to experiment with “blockchain” currencies, which have the potential to transform charitable giving and increase financial transparency.
US court orders Craig Wright to share cryptocurrency haul with the estate of American programmer David Kleiman
The Australian man who claimed to have invented cryptocurrency bitcoin has been ordered to hand over half of his alleged bitcoin holdings, reported to be worth up to $5bn.
The IT security consultant Craig Wright, 49, was sued by the estate of David Kleiman, a programmer who died in 2013, for a share of Wright’s bitcoin haul over the pair’s involvement in the inception of the cryptocurrency from 2009 to 2013.
Bitpoint suspends services after apparent theft of virtual monies including bitcoin
A cryptocurrency exchange in Tokyo has halted services after it lost $32m (£25m) in the latest apparent hack on volatile virtual monies.
Remixpoint, which runs the Bitpoint Japan exchange, discovered that about ¥3.5bn in various digital currencies had gone missing from under its management.
China’s state planner wants to eliminate bitcoin mining in the country, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector.
American authorities say the chief executive of a Vancouver-area company has pleaded guilty to aiding narcotics traffickers around the world by providing encrypted communications devices designed to thwart law enforcement. Vincent Ramos, CEO of Phantom Secure, was arrested March 7 in Bellingham, Wash., near Seattle, following a years-long undercover operation that included several American, Australian and Canadian agencies.
So-called sextortion scams claim they have information on your porn watching habits, which they'll make public unless you pay in Bitcoin. They're are on the rise, fueled by the past years' data breaches.
The ratio of legal to illegal activity in bitcoin has flipped, according to Lilita Infante at the U.S. Drug Enforcement Administration. When Infante started seeing bitcoin pop up in her cases at the DEA five years ago, her analysis of blockchain data showed criminal activity was behind about 90% of transactions in the cryptocurrency.
It's been a few years since the last media scare about prediction markets. So we were overdue for this week's handwringing about Augur, digital currencies, and assassinations.
As the Pentagon struggles to recruit a more tech-savvy workforce, it's facing the confusion of many an old-timer: What to make of people who invest or trade in bitcoin. The question is whether owning bitcoins or lesser-known cryptocurrencies such as Ripple and Ethereum is an indicator of risky personal behavior -- one that should flag extra scrutiny in security clearances -- or just another investment choice.
Regulators in the US and Canada have been investigating over 70 cryptocurrency-related companies for fraud and shady marketing practices. The crackdown, dubbed "Operation Cryptosweep," has been going after initial coin offerings , mining services and trading platforms.
In this Nov. 2016 file photo, the American Flag flies outside the Justice Department in Washington. A new team of federal agents is targeting online trafficking of illicit fentanyl, which is driving a rising number of overdose deaths across the U.S. Darknet drug sales are proving a challenge to law enforcement that can be more vexing than even drug cartels.
"Treasury Secretary Steve Mnuchin wants limits on virtual currencies, like Bitcoin, that help people keep their financial lives private from folks like him. Senator Dianne Feinstein wants government regulation of political speech by foreign agents - or maybe just by people with whom she disagrees.
Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters. Bipartisan momentum is growing in the Senate and House of Representatives for action to address the risks posed by virtual currencies to investors and the financial system, they said.
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A 27-year-old New York City-area woman has been accused of stealing and laundering more than $85,000, using Bitcoin and other cryptocurrencies, to support ISIS , the U.S. Department of Justice said Thursday. Add ISIS as an interest to stay up to date on the latest ISIS news, video, and analysis from ABC News.
A Long Island woman has been charged in federal court in Central Islip with laundering more than $85,000, using Bitcoin and other cryptocurrencies, to support ISIS, officials said Thursday. Zoobia Shahnaz of Brentwood transferred those funds out of the country and then attempted to leave the United States and travel to Syria, according to the U.S. Justice Department.
Billionaire hedge fund manager Leon Coopermancontends that U.S. would be mired in an economic recession today if Hillary Clinton had won the 2016 presidential election. The nation is better off with President Donald Trump in the White House than it would have been under Clinton or her 2016 rival for the Democratic nomination, Sen. Bernie Sanders, Cooperman told CNBC.