PYMNTS

MAY 12, 2020

Bitcoin has long been the marquee name — shorthand, if you will — for the cryptocurrency space. And in recent months, the ride has been wild for bitcoin pricing amid the pandemic. On the other hand, bitcoin is also well off of its all-time highs of just under $20,000. bitcoin exchange.). based crypto exchanges.

Bitcoin

PYMNTS

MAY 20, 2020

And now the fraudsters, increasingly, seem to be eyeing bitcoin, the marquee name in cryptocurrency, as coin of the realm across the dark web. It should be noted that the value of the activity rose, due in part for the price per bitcoin advancing through the period (thus the total number of transactions decreased).

Bitcoin

PYMNTS

SEPTEMBER 30, 2018

But with the market cap of Ethereum only slightly below that of Ripple — combined with the weak volume of XRP — it is likely that Ethereum will regain its position as the second-most valuable cryptocurrency soon. Immigration and Customs Enforcement (ICE), while the Federal Bureau of Investigation (FBI) is the third-highest.

Blockchain

PYMNTS

FEBRUARY 24, 2019

The FBI is looking to speak with anyone who invested in the proprietary token offered by BitConnect. This led to BitConnect completely shutting down its exchange for BCC, eliminating the market for the cryptocurrency and stranding investors with near-worthless cryptocurrency,” according to a statement on the FBI’s website.

FBI

Fintech News

APRIL 1, 2024

In Q4 2023, the payment and cryptocurrency sectors were the most targeted industries by identity fraud attempts, accounting for 47% and 32% of these attacks, respectively, a new report by Israeli identity verification company AU10TIX says. billion in 2022, a new report by the Federal Bureau of Investigation (FBI) shows.

Ransomware

PYMNTS

MARCH 30, 2018

Bitcoin fell below $7,000 on Thursday (March 29) – and analysts expect sales of bitcoin and other cryptos to increase as the April U.S. The price of bitcoin was $6,826.68 And, in China, the country’s central bank is planning on cracking down on cryptocurrencies this year, Reuters reported. as of 11:13 p.m.,

Bitcoin

PYMNTS

MAY 2, 2019

“On top of these numbers, the New York Attorney General’s Office revealed what they allege is a fraud involving the loss of $851 million by a major cryptocurrency exchange, Bitfinex. Thanks to the investigative work of the FBI and the IRS-CI, they will be prosecuted for their actions,” said U.S.

Blockchain

PYMNTS

SEPTEMBER 17, 2018

Bitcoin Role. Bitcoin played a role in the alleged North Korea-directed cyberattacks. Park faces one count of conspiracy to commit computer fraud and abuse — which carries a maximum sentence of five years in prison — and one count of conspiracy to commit wire fraud, which has a maximum sentence of 20 years in prison.

SWIFT

PYMNTS

JULY 14, 2019

And the operator of BitFunder, a defunct trading platform that was denominated in bitcoin, and WeExchange was sentenced for obstruction of justice as well as securities fraud, CoinDesk reported. It is meant to link agriculture organizations with workers and suppliers while also offering contract bidding transparency. On another note, The U.S.

Blockchain

PYMNTS

APRIL 26, 2019

After relying on the supposed anonymity of bitcoin, members of a ring that imported drugs into the United Kingdom with the help of the dark web were sentenced to over 30 years in jail. It is thought the gang sold over 1 kilo of drugs over four months in 2017, TheNextWeb reported. With the funds, $4.5 million in cash.

FBI

PYMNTS

JUNE 20, 2016

and elsewhere, the FBI found, leading to requests for $3.1 firms think bitcoin is a flop , found Smith & William’s Enterprise Index survey. businesses said they’re stockpiling bitcoin in case of a cyberattack , reported Citrix. Often, these ransoms must be paid out in bitcoin. billion in losses hit U.K.

Email Compromise

PYMNTS

AUGUST 10, 2018

The Professional Golfers Association (PGA) of America has been hit with ransomware, with cybercriminals demanding a payment in bitcoin to a specific wallet address. The FBI and other law enforcement agencies usually don’t recommend paying these types of ransoms, since it might encourage attackers to keep committing these cybercrimes.

Ransomware

PYMNTS

MARCH 5, 2019

The news early in the week may have centered on the volatility of bitcoin and brethren, where mid-single digit losses were, at this writing, reversed a bit by mid-single digit gains. Separately, on Tuesday, Fortune reported that the Federal Bureau of Investigation (FBI) is investigating Quadriga.

FBI

PYMNTS

JULY 17, 2020

The FBI is investigating the worst security breach in Twitter’s 14-year history, as hackers commandeered more than 100 high-profile accounts, The Wall Street Journal reported. Blockchain records show the scammers received more than $100,000 worth of cryptocurrency, Reuters reported. Twitter declined to reveal specifics about the hack.

FBI

PYMNTS

JUNE 5, 2019

The roster of investigators includes the Federal Bureau of Investigation (FBI), the Department of Justice’s Computer Crime and Intellectual Property Section and the U.S. In at least one bit of movement on the case, in March, EY identified six bitcoin cold wallet addresses it claimed Quadriga used – and which held $400,000 worth of bitcoin.

FBI

PYMNTS

JULY 24, 2020

Last week, the FBI launched an investigation into what turned out to be the worst security breach in Twitter’s 14-year history. Investigators discovered that cybercriminals had committed alleged cryptocurrency fraud on July 15 after hackers seized control of the Twitter accounts of political figures, executives and celebrities.

Accounts

PYMNTS

DECEMBER 16, 2019

This time around, in a cryptocurrency arena that is known for twists and turn, it’s a “habeas corpus” of a literal reading – the one that seeks to bring a body, interred, above-ground. As has been widely reported, there’s been a bid to exhume the body of Gerald Cotten, the deceased cryptocurrency exchange founder.

Cryptocurrency

PYMNTS

AUGUST 5, 2020

Graham Ivan Clark, who until last year was a student at Tampa’s Gaither High School, is accused of gaining access to the Twitter accounts and sending tweets soliciting others to send in payments of Bitcoin. Justice Department said Clark promised any Bitcoin sent would be doubled.

Breach

PYMNTS

DECEMBER 16, 2019

This time around, in a cryptocurrency arena that is known for twists and turn, it’s a “habeas corpus” of a literal reading – the one that seeks to bring a body, interred, above-ground. As has been widely reported, there’s been a bid to exhume the body of Gerald Cotten, the deceased cryptocurrency exchange founder.

Cryptocurrency

PYMNTS

OCTOBER 16, 2017

It’s a storyline with some very strong parallels to the cryptocurrency stories being told and the investments that they now garner. billion has been invested into bitcoin/crypto-related ventures over the last eight years. I wrote a piece a few years back that told the side of the bitcoin story that wasn’t being told.

Cryptocurrency