Change.org Petition Attempts to Fight for Ross Ulbricht’s Freedom

After being denied a post-conviction relief extension in February 2018, Ross Ulbricht’s family and legal team filed a Petition of Certiorari with the U.S. Supreme Court based on constitutional violations in the investigation and at sentencing. The petition was supported by 21 organizations, however, the Court denied Ulbricht’s petition on June 28. The fight to … Read more

Localbitcoins Trader Sentenced to One Year in Prison

A Southern Californian Localbitcoins trader has been sentenced to prison for a year for unlicensed money transmitting and money laundering. The trader, Bitcoin Maven, reportedly exchanged between $6 and $9.5 million for customers across the country, according to the notice by the U.S. Department of Justice. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more

Ross Ulbricht Continues to Fight for Freedom With Supreme Court Petition

Just recently news.Bitcoin.com reported on Ross Ulbricht being denied a post-conviction relief extension this past February. Since then Ulbricht’s new legal team and his family continue to fight for Ross’s freedom with a filed a Petition of Certiorari with the United States Supreme Court. Also read: BCH Miners Discuss Funding Development With a Fraction of Block … Read more

Wendy McElroy: Are You Part of the Revolution or Part of the War?

The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 7, Part 3. Are You Part of the Revolution or Part of the War? by Wendy McElroy What do We mean by the [American] Revolution? The War? That was no part of the Revolution. It was only an Effect and Consequence of it. … Read more

24-Year-Old Sent to Prison for Selling Bitcoin to Agents Without Asking for ID

US law agencies can celebrate another success in their tireless crusade to stop ‘unlicensed money transmitting’ in the land of the free. The latest victory is sending a 24-year old crime kingpin to federal prison for making $40,000 from trading bitcoin offline. Also Read: US Federal Authorities Arrest Man for Selling 9.99 Bitcoin One Year … Read more

The Satoshi Revolution – Chapter 5: Privacy, Anonymity, and Pseudonymity (Part 1)

The Satoshi Revolution: A Revolution of Rising Expectations. Section 2 : The Moral Imperative of Privacy Chapter 5: Implementing Crypto Privacy by Wendy McElroy Privacy, Anonymity, and Pseudonymity (Chapter 5, Part 1) It is often said that there is a tradeoff between privacy and security…. Security is defined as the state of being free from … Read more

US Sheriffs Welcome $1.7 Million Windfall After Students Plead Guilty to Stealing 5,400 BTC

Two Jacksonville students are facing up to two decades behind bars after pleading guilty to stealing $4 million worth of bitcoin. The pair hacked darknet site Sheep Marketplace in 2013 and made off with 5,400 BTC. Under forfeiture laws, Nassau County Sheriff’s Office will share in a $1.7 million windfall. Also read: US Marshals Plan to … Read more

South Korean Prosecutor Fights to Confiscate Bitcoins from Criminal Proceeds

South Korean authorities are divided whether bitcoins from criminal proceeds should be confiscated. In a criminal case involving 216 bitcoins, the court previously ruled that the digital currency cannot be confiscated. However, the prosecutor is now appealing to the court to overturn that decision and allow the forfeiture of the bitcoins, now worth billions of … Read more