State regulation of crypto ATMs is poor and federal laws aren’t much better, the commission said in a report.
Category: Crime
Kia Motors America Victim of Ransomware Attack Demanding $20M in Bitcoin, Report Claims
BleepingComputer claims to have evidence that the ransomware gang DoppelPaymer is demanding 404 BTC from the car firm.
Malaysian Bitcoin Mining Gang Stole Over $2M in Electricity, Say Police
Police seized 1,746 bitcoin mining machines across 21 premises in raids this week.
Central Bank Digital Currencies May Drive Cash ‘Shadow Economy’ to Crypto: Reuters
“Shadow economy” participants, those who use deal mostly in hard cash for anonymity’s sake, are unlikely to be drawn to using a CBDC, according to a Reuters column.
Alabama Man Charged Over SIM Swap Hacks That Stole $150K in Crypto
Joseph Chase Oaks allegedly used SIM-swap hacks to access victim’s online accounts between August 2018 and October 2019.
Mobile Firm Employee Charged for Aiding Crypto SIM Swap Attacks Targeting 19
Stephen Defiore was allegedly paid to transfer cellphone accounts to ones owned by a co-conspirator.
U.S. Woman Charged Over Attempted Dark Web Murder-for-Hire Paid With Bitcoin
The woman allegedly presented a sum of over $5,000 in bitcoin to a dark web admin as proof she could afford the hit.
KeepChange Foils Bitcoin Theft but Loses User Data in Sunday Breach
The bitcoin marketplace has halted withdrawal requests temporarily.
Hacker Refuses to Hand Police Password for Seized Wallet With $6.5M in Bitcoin
Throughout a two-year prison term, the man repeatedly refused to give wallet access to German authorities.
Crypto Hedge Fund Founder Pleads Guilty to $90M Fraud
Virgil Capital founder Stefan Qin lied to investors and siphoned off millions to fund a lavish lifestyle.