The FBI is seeking individuals who held crypto assets on CoinGather who appeared to conduct an exit scam in November 2017.
The fraudulent domain was seized after its owner attempted to sell it to a Homeland Security Department agent
The U.S. government has charged two Chinese nationals involved in laundering stolen cryptocurrency worth $100 million from an exchange allegedly for the benefit of North Korea. They are linked to the U.S.-designated North Korean state-sponsored Lazarus Group. A total of 113 cryptocurrency accounts and addresses used to launder funds have been identified. Also read: SEC […]
Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money from millions of customer accounts to unauthorized accounts, and misusing customers’ sensitive […]
The post Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of Customers appeared first on Bitcoin News.
U.S. extradites man for selling investors shares in gold company that had no gold in exchange for over $11 million in Bitcoin and other cryptos
A couple based out of California has pleaded guilty to distributing drugs via a dark-web marketplace in exchange for cryptocurrencies
For a few weeks now, the former antivirus software tycoon John McAfee has said he is fleeing from the U.S. government for not paying his taxes. More recently McAfee’s been on a tweet tirade, speaking directly to his “pursuers” and telling them to leave him alone. Also Read: CME’s Bitcoin Futures Hit New Records McAfee: […]
The post After Fleeing From the US Government John McAfee Warns His Enemies appeared first on Bitcoin News.
In an ongoing trend, someone has been sentenced for conducting unlicensed money exchanges through peer-to-peer exchange service LocalBitcoins.
The post Man Sentenced for Illegal Money Transmission Services on LocalBitcoins appeared first on Bitcoin Magazine.
The U.S. Department of Justice has named hackers who allegedly stole $2.5 million worth of crypto from users’ wallets via SIM swapping