U.S. Magistrate Judge Sheila K. Oberto ruled in a recent memo that the United States federal government had completed all necessary steps required to take control of the millions of dollars in assets seized from the alleged owner and creator of Alphabay. The Eastern District of California Magistrate Judge wrote that the United States government had a right to millions in cryptocurrency, a Lamborghini, a BMW motorcycle, and other items the alleged Alphabay owner had purchased with money earned through his darknet market. Read More
On July 24, United States attorney Geoffrey S. Berman announced that an operator for currently defunct bitcoin platforms pleaded guilty to securities fraud and obstruction of justice. The operator is guilty of using clients’ funds for his own expenses and lying about details of a hack on his platform that resulted in the loss of 6,000 bitcoins. Read More
I re-uploaded the newest version of KIK Messenger Auto Responder Bot. More to come soon.
from the Bavarian Central Office of Cybercrime revealed that an extensive investigation led to the arrest of a talented 24-year-old hacker who sold hundreds of thousands of stolen usernames, passwords, and credit card numbers on the darknet. Authorities found and arrested the man at his apartment in Cologne, North Rhine-Westphalia, Germany. The investigation started in 2016.
Belfort spoke negatively about the potential for manipulating crypto markets due to the thinness of the market, specifically referencing the case of Olaf Carlson-Wee, an early adopter of BTC who was paid in crypto when working at Coinbase in 2013.
According to Belfort, Carlson-Wee sold all of his Bitcoin, bought Bitcoin Cash (BCH) and then gave a televised interview saying that BTC was dead and that Bitcoin Cash was the future, causing its price to skyrocket.