Cryptsy

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$540 Million Worth of ‘Sleeping Bitcoins’ From 2014 Move — BTC Possibly Linked to Cryptsy Theft

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On March 29, blockchain parsers caught a sequence of 11 transactions totaling 11,325 bitcoin moving from unknown wallets created in 2014, to a great number of recipient addresses. Furthermore, the stash of bitcoin worth $540 million today is possibly linked to the Cryptsy theft, according to onchain analytics. 11,325 Bitcoins Move From Dormant 2014 Addresses, … Read more

Cryptsy CEO Indicted for Defrauding Crypto Investors, Destroying Evidence

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The CEO of cryptocurrency exchange Cryptsy has been indicted in the U.S. The 17-count indictment charges the crypto exchange executive with “tax evasion, wire fraud, money laundering, computer fraud, tampering with records, documents, and other objects, and destruction of records in a federal investigation,” the DOJ said. Cryptsy’s CEO Faces 17-Count Indictment The U.S. Department … Read more

Hackers Have Looted More Bitcoin Than Satoshi’s Entire Stash

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Ever since cryptocurrencies started gaining value, hackers have targeted exchanges that provide digital asset trading and malicious entities have siphoned billions of dollars worth of bitcoin since 2010. So far, over 1 million of the world’s BTC has been stolen from exchanges and traders continue to leave vast quantities of funds on centralized trading platforms. … Read more