Crime


Markets

The Crypto Insurance Market May Total $6 Billion. That's Nowhere Near Enough

There is less than $5 billion of global capacity to insure crypto wallets held in custody. Coinbase has secured a significant chunk of that.

lloyd's of london

Markets

Russian ICO That Impersonated Bank Hit With Cease-and-Desist

North Dakota has issued a cease-and-desist against a Russia-based ICO for copying a bank's website to promote "potentially fraudulent securities."

Russian dolls

Markets

Police Arrest 8 Over Alleged $68 Million Crypto Pyramid Scheme in Japan

Police in Tokyo have arrested eight men alleged to have run a cryptocurrency pyramid scheme that amassed about $68.70 million.

Japan police car

Markets

Official Google Account Hacked in Latest Twitter Crypto Scam

An official, verified Twitter account owned by Google has become the latest to be hacked to host a crypto "giveaway" scam.

Google

Markets

Bitmain Sues Alleged Bitcoin Thief in US Federal Court

Bitmain has filed a lawsuit against an anonymous thief in a US federal court, who allegedly stoled 617 bitcoin from the crypto mining giant.

(imagedb.com/Shutterstock)

Markets

CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud

A bitcoin trader has been jailed and fined over $1.1 million for stealing bitcoin and litecoin, and then defrauding investors to repay the loss.

gavel and bitcoin

Markets

Crypto Exchanges Should Take a Hard Look at IP Address-Masking Services

Cryptocurrency exchanges will likely have to reckon with VPN access as part of any regulatory or law enforcement actions for market manipulation.

mask - shutterstock

Markets

Victims Sue AT&T, T-Mobile Over 'SIM Swap' Crypto Hacks

A cryptocurrency-focused law firm in the U.S. says it has filed lawsuits against AT&T and T-Mobile on behalf of victims of "SIM swapping" hacks.

SIM card

Markets

Chinese School Principals Caught Mining Ethereum At Work

Two principals at a Chinese school got in hot water after installing ethereum miners at the institution, according to a report.

mining

Markets

Hackers Breach Popular Web Analytics Site to Target Crypto Exchange

Cryptocurrency exchange Gate.io was apparently the target of hackers who compromised a widely used web analytics platform.

Hacker