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Watch Police Crush 1,069 Bitcoin Mining Rigs With a Huge Steamroller

1,069 Mining Rigs Crushed Law enforcement officials in Malaysia seized 1,069 bitcoin mining rigs before crushing them all with a big steamroller last week.  The seizure was a part of a joint operation between police officers in the city of Miri and Sarawak Energy, an electric utility company in Malaysia, to crack down on crypto […] дальше »

2021-9-8 21:29


South Korean CoinUp’s President and Eight Other Execs Behind Bars for Swindling Investors

South Korean crypto exchange, CoinUp gets tainted, as many of its executives have officially been arrested following a year’s worth of investigation, reports BeInCrypto. To be more specific, President of CoinUp, Kang Seok-Jung gets a 16-year sentence followed by the firm’s Chief Financial Officers and Vice Presidents, all of whom have swindled investors of 400 […] дальше »

2019-11-13 18:59


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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments

Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume. дальше »

2019-1-23 00:57


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SEC Charges Forex Broker for Illegal Securities Swaps Involving Bitcoin

In what seems like the first coordinated strike from government agencies, the U. S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Federal Bureau of Investigation (FBI) have taken action against a securities broker for violating federal laws in connection with security-based swaps funded by bitcoin. дальше »

2018-9-29 22:29