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An unnamed 37-year-old man was a victim of a theft from a gang of robbers who fled with 15 bitcoin (BTC), worth HKD 3 million ($387,000) in cash. They agreed to meet in person for a crypto exchange transaction. Six Non-Chinese Suspects Allegedly Involved in the Theft Per the South China Morning Post, the bitcoin … Read more
Of all cryptocurrency projects, Skycoin is perhaps the one that the community is most opinionated on and confused by. Especially recently, Skycoin has grabbed the attention of cryptocurrency enthusiasts worldwide. Unfortunately for holders, each passing headline seems to send the ambitious project down further. After achieving a temporary high of US$35 in response to its … Read more
Private security firms in Moscow are offering a new service – protection for people buying and selling cryptocurrency for cash. The companies have also expressed readiness to help investigate crypto-related crimes. Police are still reluctant to work on such cases, as cryptocurrencies are not yet regulated in Russia. Also read: Chinese Merchants in Moscow Convert … Read more
In the time it takes you to read this sentence, $850 will have been lost to cryptocurrency scams. In the time it takes to complete this article, that figure will have risen to $17,000. Phishing; fraud; theft; hacking; it’s all rife. In the first two months of 2018, there were 22 separate scams involving thefts … Read more
Taiwanese police have arrested four men after a bitcoin robbery worth five million Taiwanese dollars (approximately $170,000 USD). The case has been described as the first of its kind in Taiwan by authorities. Also Read: Bungling Bitcoin Thieves Foiled by Quick-Witted Trader Taiwanese Trader Loses 18 Bitcoins in Robbery A bitcoin trader with the surname of … Read more
Criminals have paid attention to Bitcoin and other cryptocurrencies for some time now. In most cases, they will take the digital route to obtain cryptocurrency through illicit means. Especially when it comes to hacking, fraud, and even scams, there are plenty of opportunities waiting to be explored. For the second time in over a week, however, … Read more
Criminals have taken a major liking to Bitcoin and cryptocurrencies. In most cases, their attempts to illegally obtain such currencies are linked to online activity. Ransomware, hacking, and data breaches are just a few examples of Bitcoin-related criminal activity. In Ottawa, however, things recently went a bit differently. Three individuals there attempted to rob a Bitcoin financial … Read more
