Bitcoin Crime news and trends

EU’s Bitcoin Crackdown, JPMorgan’s Blockchain Bet And Silk Road’s Bust 2.0
Bitcoin // February 05, 2016

Take it from the misguided bitcoin criminals sitting behind bars: bitcoin isn’t anonymous. But the EU’s new legislation is all about curtailing criminals (mainly terrorists) who allegedly use bitcoin to funnel in funds under the radar. Meanwhile, JPMorgan kicked off its blockchain test, and that...

The Bitcoin King Charged With Embezzlement
News // September 14, 2015

The man once known in the bitcoin community as “Bitcoin King” (probably because he handled a majority of bitcoin in circulation) finally faces the legal troubles he’s be running from. Thirty-year-old Mark Karpelès was officially charged with embezzlement for the allegations brought against him by Japanese...

Banking Industry Gets Blackmailed For Bitcoin
News // September 10, 2015

The concept of bitcoin ransom —a criminal trend described as the “modern day version of a mob shakedown” — is hardly new, but an elusive cybercriminal group is on an extortion spree and raking in bitcoin payments along the way. The bitcoin extortionist group DD4BC, which stands...

Ashley Madison Hack Sparks Lawsuit
News // August 24, 2015

The Ashley Madison data breach that leaked the personal information of 37 million people has sparked a class-action lawsuit. Two law firms in Canada, Charney Lawyers and Sutts and Strosberg LLP, announced late last week (Aug. 20) that they have filed a lawsuit on behalf of any...

Quick Reads
The Bitcoin King Charged With Embezzlement

September 14, 2015
The man once known in the bitcoin community as “Bitcoin King” (probably because he handled a majority of bitcoin in circulation) finally faces the legal troubles he’s be running from. Thirty-year-old Mark Karpelès was officially charged with embezzlement for the allegations brought against him by Japanese prosecutors who claim that he falsified data and misappropriated around […]

Banking Industry Gets Blackmailed For Bitcoin

September 10, 2015
The concept of bitcoin ransom —a criminal trend described as the “modern day version of a mob shakedown” — is hardly new, but an elusive cybercriminal group is on an extortion spree...

Ashley Madison Hack Sparks Lawsuit

August 24, 2015
The Ashley Madison data breach that leaked the personal information of 37 million people has sparked a class-action lawsuit. Two law firms in Canada, Charney Lawyers and Sutts and Strosberg LLP, announced...