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Keyword: bitcoin

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  • Lobbyist Abramoff Charged in Cryptocurrency Fraud Case

    06/26/2020 6:09:47 PM PDT · by Coronal · 1 replies
    US News ^ | June 25, 2020 | Olga Rodriguez
    SAN FRANCISCO (AP) — Jack Abramoff, a once-powerful lobbyist who spent time in federal prison for fraud and corruption, has been charged in a San Francisco court in an investor fraud case involving cryptocurrency and lobbying disclosure, federal authorities announced Thursday. U.S. Attorney David Anderson said Abramoff, 61, of Silver Spring, Maryland, has agreed to plead guilty to criminal conspiracy charges and a criminal violation of the Lobbying Disclosure Act in the case involving a cryptocurrency called AML BitCoin. Anderson said the charges were the first brought since Congress in 2007 amended the act to address lobbying abuses and undisclosed...
  • Reality Winner: Woman charged with top-secret leak denied bond

    06/08/2017 5:19:22 PM PDT · by HarleyLady27 · 87 replies
    AP/Foxnews ^ | June 8, 2017 | AP/Foxnews
    AUGUSTA, Ga. – A judge has ruled that a woman charged with leaking secrets to a reporter will remain jailed until her trial after prosecutors argued that she might possess more stolen intelligence and could try to flee the country. Winner worked for a U.S. government contractor in Augusta. She is a former Air Force linguist who speaks Farsi and Arabic. Prosecutors don't think Winner is a jihadist or terrorist sympathizer, they say that before she left the military, she inserted an external hard drive into a top-secret computer there. They say they don't know what happened to it or...
  • Hundreds Charged Worldwide In Takedown Of Largest Child Pornography Website

    04/27/2020 12:33:12 PM PDT · by Perseverando · 23 replies
    DC Dirty Laundry ^ | April 27, 2020 | Dino Porrazzo
    South Korean national and hundreds of others charged worldwide in the takedown of the largest darknet child pornography website funded by bitcoin Dozens of minor victims who were being actively abused by site users rescued WASHINGTON – Jong Woo Son, 23, a South Korean national, was indicted by a federal grand jury in the District of Columbia for his operation of Welcome To Video, the largest child sexual exploitation market by volume of content. The nine-count indictment was unsealed today along with a parallel civil forfeiture action. Son has also been charged and convicted in South Korea and is currently...
  • Internet email scam is making the rounds.

    04/20/2020 10:53:32 AM PDT · by know.your.why · 74 replies
    me | 4/20/20 | self
    Just sharing a disturbing anonymous email that was in my inbox this morning. The email tells me to send $2000 in bitcoin to a bitcoin address or they will send camera porn of me (I dont have a camera) to my friends, coworkers, and relatives. If you get this same scam you can report it at. https://www.bitcoinabuse.com/
  • Craig Wright Victorious in Kleiman Case After Signing with Satoshi’s Key

    04/01/2020 8:54:19 AM PDT · by DUMBGRUNT · 6 replies
    Financemagnates ^ | 1 Aprin 2020 | Rachel McIntosh
    Wright was able to send a transaction from one of the Bitcoin wallets associated with Satoshi, verifying his claims. Australian computer scientist and entrepreneur Dr. Craig Wright has been granted a victory in the Kleiman v. Wright case after he was able to provably send a transaction from one of the Bitcoin wallets known to belong to Bitcoin creator ‘Satoshi Nakamoto’, thereby verifying his claims that he is, in fact, the undisputed creator of BTC.
  • Oil Is Now More Volatile Than Bitcoin

    02/25/2020 3:46:13 PM PST · by bananaman22 · 17 replies
    Oilprice.com ^ | 02-25-2020 | Alex
    You know that the oil markets have truly gone to the dogs when they are suddenly riskier than one of the world’s most volatile commodities: bitcoin.
  • Warren Buffett: Cryptocurrency ‘has no value’ – ‘I don’t own any and never will’

    02/24/2020 7:42:19 AM PST · by C19fan · 85 replies
    CNBC ^ | February 24, 2020 | Jessica Bursztynsky
    Berkshire Hathaway CEO and Chairman Warren Buffett on Monday reaffirmed his aversion to cryptocurrencies. “Cryptocurrencies basically have no value and they don’t produce anything,” he told CNBC’s Becky Quick in a Squawk Box interview. “In terms of value: Zero.” “I don’t have any cryptocurrency and I never will,” he added. Buffett joined CNBC to discuss the markets just days after he released his annual shareholder letter.
  • Ohio Resident Charged with Operating Darknet-Based Bitcoin “Mixer,” which Laundered Over $300 Million

    02/14/2020 8:01:10 AM PST · by ransomnote · 10 replies
    justice.gov ^ | February 13, 2020 | DOJ
      “Helix” Laundered Bitcoin From Numerous Darknet Markets An Ohio man was arrested for his operation of Helix, a Darknet-based cryptocurrency laundering service. In the three-count indictment unsealed Feb. 11 in the District of Columbia, Larry Harmon, 36, of Akron, Ohio, was charged with money laundering conspiracy, operating an unlicensed money transmitting business and conducting money transmission without a D.C. license.According to the indictment, Harmon operated Helix from 2014 to 2017.  Helix functioned as a bitcoin “mixer” or “tumbler,” allowing customers, for a fee, to send bitcoin to designated recipients in a manner that was designed to conceal the source or...
  • How Government Stifled Reason's Free Speech

    06/19/2015 4:01:27 PM PDT · by Forgotten Amendments · 8 replies
    reason.com ^ | 6/19/2015 | Nick Gillespie & Matt Welch
    For the past two weeks, Reason, a magazine dedicated to "Free Minds and Free Markets," has been barred by an order from the U.S. District Court for the Southern District of New York from speaking publicly about a grand jury subpoena that court sent to Reason.com. The subpoena demanded the records of six people who left hyperbolic comments at the website about the federal judge who oversaw the controversial conviction of Silk Road founder Ross Ulbricht. Shortly after the subpoena was issued, the government issued a gag order prohibiting Reason not only from discussing the matter but even acknowledging the...
  • DEA Agent Sentenced for Extortion, Money Laundering and Obstruction in Silk Road Investigation

    10/23/2015 4:28:21 PM PDT · by ExyZ · 5 replies
    US Department of Justice ^ | October 13, 2015 | US Department of Justice
    A former Drug Enforcement Administration (DEA) agent was sentenced today to 78 months in prison for extortion, money laundering and obstruction of justice, which crimes he committed while working as an undercover agent investigating Silk Road, an online marketplace used to facilitate the sale and purchase of illegal drugs and other contraband.
  • Former govt. agent admits illegally spying on Sharyl Attkisson, implicates govt. colleagues

    01/09/2020 6:49:05 PM PST · by Hojczyk · 68 replies
    SHARYL ATTKISSON ^ | January 9,2020 | SHARYL ATTKISSON
    Former govt. agent admits spying on Attkisson, implicates his colleagues. Former U.S. Attorney Rod Rosenstein is accused of leading the group. Govt. hackers allegedly reported to FBI official who now heads CrowdStrike Former FBI Unit Chief confirms he initiated forensic report proving govt. intrusion and reported to Attkisson A former U.S. government agent has admitted participating in the illegal government surveillance on then-CBS New investigative reporter Sharyl Attkisson. The insider has identified former U.S. Attorney Rod Rosenstein as the person responsible for the project. As a result of the new admission, Attkisson and her family are filing suit against Rosenstein...
  • The Wealth Redistribution Scam that Is "Inflation"

    12/28/2019 8:41:26 AM PST · by Steely eyed killer of the deep · 19 replies
    MISES WIRE ^ | 12/24/2019 | Thorsten Polleit
    Some critical thinking here, the author dissects "inflation" then concludes we need crypto currency
  • Tron CEO Justin Sun pledges $1 million to Greta Thunberg

    12/21/2019 2:07:13 PM PST · by powermill · 33 replies
    Yahoo Finance ^ | December 19 2019 | Jordan Heal
    Tron’s controversial CEO and chief marketeer Justin Sun has pledged $1 million to climate activist Greta Thunberg. In a tweet to Thunberg posted yesterday, Sun said: “As a young entrepreneur, I share Greta Thunberg’s passion to change the world. Crypto will contribute immensely on reducing carbon footprint by implementing decentralised settlement. I would like to personally commit USD$1 mil to Greta Thunberg’s initiative.” Thunberg, 16, began making headlines in August 2018 after organising a school strike outside the Swedish parliament to protest about the lack of progress being made on preventing climate change. Despite her age, she is quickly becoming...
  • Cryptoqueen: How this woman scammed the world, then vanished

    11/24/2019 5:29:33 AM PST · by BenLurkin · 15 replies
    bbc ^ | 11/24/2019
    She told the cheering crowd that OneCoin was on course to become the world's biggest cryptocurrency "for everyone to make payments everywhere". Documents leaked to the BBC show that British people spent almost €30m on OneCoin in the first six months of 2016, €2m of it in a single week - and the rate of investment could have increased after the Wembley extravaganza. Between August 2014 and March 2017 more than €4bn was invested in dozens of countries. … It took McAdam three months to go through it all, but questions were starting to form. She started asking the leaders...
  • Five Endpoint Attacks Your Antivirus Won’t Catch

    11/18/2019 4:16:44 PM PST · by fireman15 · 17 replies
    Harvard University ^ | 11-13-2019 | Harvard Blockchain Lab
    Fileless attacks allow sophisticated hackers to evade antivirus programs and hide inside legitimate applications and operating systems. According to 2019 Endpoint Security Survey, fileless attacks on endpoints are the biggest concern of security experts. In addition, about 53% of organization experience an increase in endpoint security risks. Endpoints are the access point into your data, credentials, environment, and probably your entire organization. Vulnerable endpoints allow attackers to steal data, access your network, and execute ransomware attacks. This article explains how attackers have improved their strategies to bypass traditional antivirus, putting your system at risk. 1. Cryptomining Malware Cryptomining tools convert...
  • A single anonymous market manipulator caused bitcoin to top $20,000 two years ago, study shows

    11/04/2019 1:06:20 PM PST · by NRx · 12 replies
    YouTube ^ | 11-04-2019 | Michael Sheetz
    A forensic study on bitcoin’s 2017 boom has found that nearly the entire rise of the digital currency at the time is attributable to “one large player,” although the market manipulator remains unidentified. Finance professors John Griffin and Amin Shams – instructors at University of Texas and the Ohio State University, respectively – analyzed over 200 gigabytes of data for the transaction history between bitcoin and tether, another digital currency. Tether is an asset known as a “stablecoin,” which has its trading value connected to the dollar. The professors’ study found that tethers being traded for bitcoins revealed a pattern....
  • Bitmain’s Back: Cryptomining Giant “Fulfils” Promise to Create Facility in Texas (350 jobs)

    10/24/2019 5:02:04 PM PDT · by 2ndDivisionVet · 2 replies
    Crowdfund Insider ^ | October 21, 2019 | Cali Haan
    Rockdale, Texas, a former coal and aluminum producing town hit hard by the exit of those industries. DMG (TSX-V: DMGI), a Canadian firm, will provide hosting and management services for the Texas facility and will work with Bitmain to expand the capacity and to ensure efficient operations of the mining hardware. DMG’s CEO, Dan Reitzik said the selection of his company was a great testament to his team. A communication lapse and apparent delay in the launch of the facility that coincided with a crash in cryptocurrency prices and extensive layoffs at Bitmain had caused concern among Rockdale town officials....
  • IRS Followed Bitcoin Transactions, Taking down The Largest Child Exploitation Site On The Web

    10/17/2019 8:58:46 AM PDT · by ShadowAce · 46 replies
    Forbes ^ | 16 October 2019 | Kelly Phillips Erb
    The largest dark web child pornography site in the world has been taken down. That was the word today from the U.S. Attorney’s Office for the District of Columbia, the Justice Department’s Criminal Division, the IRS Criminal Investigation (IRS-CI), and U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), together with the National Crime Agency of the United Kingdom and Republic of Korea... IRS-CI was able to trace bitcoin transactions to people all over the world who were uploading and downloading this material, as well as find the location of the site administrator. By analyzing the blockchain and de-anonymizing bitcoin...
  • Feds take down the world's 'largest dark web child porn marketplace'

    10/16/2019 3:46:00 PM PDT · by Perseverando · 37 replies
    NBC News ^ | October 16, 2019 | Cyrus Farivar and Andrew Blankstein
    The dark web, a section of the internet that can only be accessed via a Tor browser, is designed to protect users' tracks online and obscure digital footprints.Jeroen Jumelet / EPA-EFE WASHINGTON — Federal prosecutors have filed multiple charges against a 23-year-old South Korean man accused of running what they call the world's "largest dark web child porn marketplace." The now-shuttered English-language site, called "Welcome to Video," contained more than 200,000 unique videos or almost 8 terabytes of data showing sex acts involving children, toddlers and infants, according to the 18-page criminal indictment unsealed here Wednesday, and processed 7,300...
  • Google’s “Quantum Supremacy” To Render All Cryptocurrency & Military Secrets Breakable

    09/22/2019 9:13:04 AM PDT · by Enlightened1 · 36 replies
    Summit News ^ | 09/21/19 | Paul Joseph Watson
    Google’s announcement that it has achieved “quantum supremacy” with a 53-qubit quantum computer greases the skids for all cryptocurrency and military secrets protected by cryptography to be breakable in a stunning new development that will change the world. The Big Tech corporation’s new quantum processor took a mere 200 seconds to complete a computing task that would normally require 10,000 years on a supercomputer. The 53-qubit quantum computer can break any 53-bit cryptography in seconds, meaning Bitcoin’s 256-bit encryption is vulnerable once Google scales its quantum computing to 256 qubits, something their own scientists say will be possible by 2022....