21-Year-Old Arrested for Multimillion-Dollar Crypto Fraud

The Australian Securities and Investments Commission (ASIC) has announced that a 21-year-old mother has been arrested following an investigation into an online syndicate accused of stealing and laundering millions of dollars worth of funds from superannuation and share-trading accounts through the use of cryptocurrency. ASIC alleges that the suspect, Jasmine Vella-Arpaci, comprised a key member of […]

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Greedy Hackers Get ZERO from U.S. City after Moronic $5.3 Million Bitcoin Ransom Demand

When ransomware attackers targeted the city of New Bedford, Massachusetts, two months ago demanding $5.3 million in Bitcoin, they must have felt very confident when turning down a counter-offer of $400,000 that the city presented. That feeling probably turned to regret soon thereafter as it has now emerged that the U.S. city did not bid […]

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$800,000 Bitcoin Ransom Frees Kidnapped Chinese Student in Australia

The Chinese pre-university student who was reported kidnapped late last month in Australia for 80 Bitcoin has been rescued and reunited with his family. The Chinese Consulate-General in Sydney confirmed that the 20-year old Ye Jingwang who was studying at the University of Technology Sydney had been found ‘safe’ and in ‘good health’. 80 Bitcoin […]

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North Korea Slams US, UN for ‘Nasty’ $2 Billion Bitcoin Theft Rumor

By CCN Markets: North Korea (DPRK) is sniffing out angry flames after getting accused of siphoning $2 billion from banks and bitcoin exchanges. The communist state denied having any links with the high-profile thefts. Its state-run news agency KCNA stated that the United States and their allies are spreading "ill-hearted" lies. The media firm cited […]

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Bitcoin Scammer Stealing $63 Million Brutally Tortured and Murdered by Business Partners

An Indian Bitcoin fraudster defrauding its victims of nearly $63 million was brutally tortured and murdered by his accomplices after they had found out that he had duped them too. Stealing $63 million Crypto was not enough for the Gang's Leader According to The Times of India, Indian police officers have uncovered a 4.5 billion […]

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Terrorists Raise Crypto Funds via Privacy App Telegram, Report Claims

The privacy-focused instant messaging app Telegram – that is launching its blockchain in October – is reportedly used by terrorist groups to raise funds in crypto for their cause, a recent study shows. Supporting terrorists by donating car bombs for $20,000 in crypto According to the Washington-based nonprofit firm Middle East Media Research Institute (MEMRI), […]

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Blame Bitcoin: UN Cyber Czar Makes Crypto a Child Slavery Scapegoat

By CCN Markets: A senior UN official, Neil Walsh, claims that Bitcoin and other cryptocurrencies have made the task of fighting money laundering, terror financing, and cybercrime tougher than ever due to the relative anonymity they allegedly offer. According to Walsh, the cybercrime and anti-money laundering chief at the United Nations Office on Drugs and […]

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French Cops Trick Monero Cryptomining Botnet to Self-Destruct on 850,000 Computers

The Retadup malware which had been deployed on hundreds of thousands of computers around the world to secretly mine the Monero cryptocurrency and commit other illegal acts may finally be over. According to the BBC, the backend infrastructure of the Retadup Monero cryptojacker which is estimated to have infected over 850,000 computers across the globe […]

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Bitcoin Murder-for-Hire Plot Lands Jilted Lover 12 Years in Prison

The most persistent myth about bitcoin is that the dominant cryptocurrency allows users to make anonymous transactions. That myth may have contributed to the downfall of Tina Jones, an Illinois woman who will now spend 12 years in jail for a murder-for-hire plot gone awry. Illinois Nurse Pleads Guilty to Murder Plot Earlier today, Jones, […]

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80 Bitcoin Ransom Demanded in Alleged DOWN UNDER Kidnapping of Chinese Student

A Chinese student studying in Australia is allegedly being held at ransom with the kidnappers demanding Bitcoin worth over a million Australian dollars before they can release him. According to the Southern Metropolis Daily, the father of the 20-year old student was contacted by the kidnappers on August 24th. The kidnappers demanded 80 Bitcoin within […]

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