Crime


Markets

Bitcoin Trader Gets Four-Year Jail Term Over Silk Road Connection

Robert Faiella, the bitcoin trader charged alongside BitInstant CEO Charlie Shrem, has been sentenced to four years imprisonment in a New York court.

judge's gavel

Markets

Research: Hackers Could Install Backdoor in Bitcoin Cold Storage

A researcher in Berlin has described a way to compromise a core algorithm underpinning bitcoin so that transactions leak private-key data.

Binary Code Landscape

Markets

Mt Gox CEO Mark Karpeles Implicated in Silk Road Trial

Today in court, a witness from the US Department of Homeland Security claimed that Mark Karpeles was once suspected to be Dread Pirate Roberts.

Mt. Gox bitcoin protest

Markets

Silk Road Trial Begins in New York

Accused Silk Road mastermind Ross Ulbricht stood trial today for charges stemming from his alleged involvement in the online black market.

ross ulbricht silk road trial

Markets

How Credit Card Fraud Sank One Bitcoin Exchange

Credit cards are the easiest way to buy bitcoins, but exchanges that don't handle them properly can be hit by chargebacks. What can they do?

Avoiding credit card chargebacks

Markets

Bitcoin Exchange Bitstamp Resumes Services

Bitcoin exchange Bitstamp has resumed services after an attack that saw it lose $5m in customer funds.

bitstamp back online

Markets

How to Avoid Bitcoin Scams in 2015

2014 was a great year for bitcoin, but its success has drawn bad actors to the space. So how should you keep your funds safe in 2015?

scam alert

Markets

Missing Mt Gox Bitcoins Likely an Inside Job, Say Japanese Police

The disappearance of 650,000 BTC from Mt Gox was due to internal system irregularities and not external attacks, reports a Japanese newspaper.

Japanese newspaper readers began the year with bitcoin as front-page news

Markets

The 7 Biggest Crypto Scandals of 2014

Whether it was bankruptcy, allegations of fraud or clashes with the government, the bitcoin industry faced a fair share of scandal in 2014.

crypto scandals 2014 laptop handcuffs

Markets

Charlie Shrem Saga Ends With Two-Year Sentence in New York Court

Charlie Shrem has been sentenced to two years in prison after pleading guilty to aiding and abetting an unlicensed money transmitting business.

Shrem desk