A police investigation in Finland into the OneCoin cryptocurrency investment scheme is accelerating. The Finnish Broadcasting Company reports that, according to law enforcement officials in the city of Österbotten, an as-yet-unnamed OneCoin promoter is now the subject of an "economic crime case." "The...damage is over half a million euros," said Antti Perälä, an official with the...
South Korean authorities have confirmed that hackers from North Korea targeted bitcoin exchanges in the country in multiple attempts to steal the cryptocurrency. The Republic of Korea’s National Police Agency (NPA) has published details of its investigation surrounding several claims of cybersecurity incidents involving hackers from North Korea. As covered by CCN...
The U.S. Securities and Exchange Commission has charged a businessman and two of his companies with defrauding investors through initial coin offering (ICO) scams, including the REcoin ICO. SEC Charges REcoin ICO Organizer With Fraud According to a SEC press release, Maksim “Max” Zaslavskiy committed fraud by selling unregistered securities backed by...
In an agency first, the U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit accusing a Brooklyn, New York man of operating a bitcoin Ponzi scheme. Earlier this week, former CFTC commissioner Bart Chilton called for the cryptocurrency community to embrace regulation to protect investors and reduce price volatility...
CCN has uncovered an ICO scammer going around various Slack groups for ICO-funded efforts and scamming them by offering “special rates” on tokens and a “special contract address,” all the transactions of which can be downloaded here or for updated data, from which you’ll have to do your own math, go here. By...
According to a new report from security research firm FireEye, North Korean hackers are targeting Bitcoin and Ethereum users in South Korea. View image on Twitter  Follow CointraderGuy @CointraderGuy North Korea hacking South Korea for ETH... never thought I'd see that headline 8:02 PM - Sep 11, 2017 FireEye’s report suggested that North Korean hackers are attempting to breach...
After Police seized 216 Bitcoins from an individual that was suspected to be involved in illegal activities with the digital currency, it was ruled by a South Korean court that the seizure was illegitimate. The Suwon district court set a groundbreaking precedent in legitimizing the seizer, by ruling that Bitcoin and associated digital currencies...
Assumed BTC-e CEO Alexander Vinnik has publicly stated his innocence and even offered to help Vladimir Putin as a digital technology specialist. Speaking to Russia Today in his first official interview since police arrested him in Greece in July, Vinnik said he did not understand “what right” the US had to judge him as...
The recent hack of Equifax has created widespread concern among many Americans, as the hack has apparently exposed the private information of more than 143 million people. The hackers have now made a ransom demand, stating on a Darkweb site that they will delete the data for a ransom payment of 600 BTC,...
Russian authorities arrested three men in September 2017 for their alleged involvement in the large-scale “illegal” sale of the digital currency Bitcoin over the past few years. The arrested individuals were being investigated for processing a high volume of trades without a license and for not paying taxes on their profits. Based...