Most Privacy Coins Aren’t That Private

Privacy coins are meant to be private. That’s their raison d’être. Strip away the privacy, and they simply become altcoins, and dangerous ones at that, with the potential to deanonymize their users and expose their secrets. A number of recent reports have cast doubt on the privacy features offered by coins such as zcash and … Read more

Snowden Releases NSA Documents Showing Bitcoin Was “#1 Priority”

Xkeyscore. MAC addresses. OAKSTAR. MONKEYROCKET. Edward Snowden is at it again. This time the world’s most notorious whistleblower has handed over National Security Agency (NSA) documentation to online investigative news outlet The Intercept revealing an invasive covert program to track bitcoin users using spy tools he uncovered during his infamous first go-round. The implications include the … Read more

Bitcoiners’ Mom Lyn Ulbricht Never Imagined She’d Be in This Situation

Ross Ulbricht was swept up in Silk Road prosecutions, and got the worst of it: double life, no parole. His facts will be finally before the US Supreme Court by the end of this month, as the body determines whether to ultimately hear the case. As part of its growing podcast network, Bitcoin.com has another … Read more

Ross Ulbricht Denied Post-Conviction Relief Extension

The man convicted of creating the Silk Road marketplace, Ross Ulbricht, has lost yet another appeal to extend his “post-conviction relief.” Judge Katherine Forrest, the judge who sentenced Ulbricht to a double life sentence in 2015, denied the legal team’s attempt to renew the case even if additional circumstantial evidence is found in the future. … 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

Ross Ulbricht’s Fate in the Hands of the US Supreme Court

Ross Ulbricht formally submitted a writ of certiorari to the Supreme Court of the United States (SCOTUS), seeking a hearing for the overturn of a decision upheld this year by the Second Circuit Court of Appeals. Mr. Ulbricht’s double-life sentence without the possibility of parole is at stake. Also read: Bundesbank Board Member: No Plans … Read more

Bitcoiners Increasingly Targeted by Police as Prices Yield Large Asset Forfeiture Gains   

The Department of Justice has announced another potential auction of seized bitcoin, totalling over 8 million USD. There’s a noticeable uptick in bitcoin-related prosecutions since at least 2014 and the Ross Ulbricht, Silk Road affair. With the price of bitcoin rising to stratospheric heights, the phenomenon has made bitcoiners relatively wealthy; it might have also … Read more