Chinese police have arrested three persons for allegedly stealing bitcoins and other cryptocurrencies worth $87 million, Chinese news agency Xinhua reported on Saturday. The three individuals are caught on August 15 in Hunan, Changchun provinces, and Beijing respectively, after a months-long probe. See also: Monero [XMR] experiences steep decline in hashrate; community delighted The report says a victim, who goes by the name Zhang, approached police in the northwestern city Xi’an after he allegedly lost crypto assets worth $14.5 million. He gave a complaint in March. The police investigated the matter with the help of many internet firms. They learned that a person Zhou (surname) hacked Zhang’s personal computer and stole his crypto assets. The investigating officers later identified Zhou’s partners, apparently highly-skilled hackers, the report stated. The trio had been accused of breaking into the networks of corporations and individuals and getting away with 600 million yuan ($87 million) as per estimates. Earlier, 20 persons were arrested in Dalian city of China for allegedly using crypto mining malware to infect over a million computers. They reportedly earned over $2 million in a span of two years.
$300 mn Bitcoin scam: Indian cops nab two more in ponzi scheme case
The crime branch police have arrested two more involved in the ponzi Bitcoin scheme that duped thousands of cryptocurrency investors. The duo is said to be close aides of Amit Bhardwaj, the kingpin of the multi-million Bitcoin [BTC] scam. They are accused of marketing the schemes to lure gullible consumers. Pune police arrested Amit Bhardwaj on April 5 from the Delhi airport. He is believed to be the mastermind behind scamming thousands of Indians. He allegedly made a fortune of $300 million (approximately 2,000 crore INR). “The duo were involved in marketing the scheme. They had lured hundreds of people and then disappear. We are investigating the case and are also finding out the number of people that have been duped,” a police official said. Image via Shutterstock Join our Telegram group
SWIFT gab bekannt, dass das Unternehmen grenzüberschreitende Überweisungen in Asien erfolgreich getestet habe.
Don’t underestimate the banks’ interest in crypto; that’s the message from sources at Morgan Stanley, one of the richest institutions in the world. It’s almost difficult to believe after last year, when Bloomberg revealed four major banks had “quietly shelved” their bitcoin dreams. The banks planned to offer their giant clients a taste of crypto-derivatives …
Cryptocurrency retailer QuickBit has inadvertently revealed hundreds of thousands of records, Comparitech reports. The company’s database was open to everyone to view, including users’ personal and financial information. According to Comparitech, records might have contained information about transactions. MongoDB database, containing such information, was made available to everyone with no authentication necessary. The information included …
Damian Collins, ein hochrangiger Beamter des britischen Parlaments und bekannter Facebook-Kritiker, sagte, dass Libra massiven Betrug ermöglichen würde.
Joe McCann is the Founder and Chairman of the Board of NodeSource and former quant trader for Passport Capital. This piece is purely for informational purposes; nothing in this post should be construed as investment advice. With so much in the news this past week surrounding bitcoin, for traders, the biggest story of was bitcoin’s market …
Ein indischer Regierungsausschuss hat in seinem Bericht ein generelles Verbot von Kryptowährungen gefordert.
Swedish cryptocurrency exchange QuickBit has revealed that it has accidentally leaked 300,000 customer records through an unprotected MongoDB database.
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Sentbe, a money transfer fintech startup in South Korea, has joined RippleNet, expanding the network of banks and financial services institutions using Ripple’s cross-border payment products. The fintech startup, which revealed the Ripple partnership on its website, has also recently become MoneyGram’s first virtual agent in South Korea. MoneyGram is also a Ripple partner, though it …
Bitcoin Breakout Could Send it to $13,000… or $18,000 Again, Bitcoin (BTC) volatility has dropped through the floor, with the cryptocurrency finding
Two hundred and eighty Bitcoins and other property worth over $5 million related to the Bitconnect scam have been seized in Gujarati, India.
Trump loves to pat himself on the back for the booming stock market, so it’s safe to say this is an S&P 500 chart he doesn’t want you to see.
‘Bitcoin Billionaires’ author Ben Mezrich joins the Showtime series “Billions” as a writer. He’ll be a consultant for crypto storylines.