Bitcoin Trader Drugged, Beaten, & Tortured in South Africa

A Bitcoin trader from Lanseria in South Africa narrowly escaped death after being drugged, beaten, and tortured by suspected kidnappers. Narrating his near-death experience in a report in local news outlet Soweto Urban, the man, who is known only as Andrew, was invited for a presentation on cryptocurrency through a new contact on Facebook. The The post Bitcoin Trader Drugged, Beaten, & Tortured in South Africa appeared first on CCN

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PSA: Hackers Are Using Fake Flash Updates to Hide Cryptocurrency Mining Malware

It has been discovered that fake Adobe Flash updates are being used to surreptitiously install cryptocurrency mining malware on computers and networks, creating severe losses in time, system performance, and power consumption for affected users. Cryptojacking Breaks New Ground While fake Flash updates that push malware have traditionally been easy to spot and avoid, a The post PSA: Hackers Are Using Fake Flash Updates to Hide Cryptocurrency Mining Malware appeared first on CCN

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Hacked Bitcoin Exchange Zaif Discontinues New Registrations

Tech Bureau Inc., the owner of Zaif exchange, decided to suspend new account registrations at their trading platform temporarily. The decision came on September 28, 14 days after a hacking incident took place at Zaif and caused the crypto exchange more than $60 million worth of damages. Tech Bureau said in its press statement that The post Hacked Bitcoin Exchange Zaif Discontinues New Registrations appeared first on CCN

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Bitcoin Fraudsters Impersonated U.S. Regulators, Forged CFTC Documents

The Commodity Futures Trading Commission (CFTC) has filed charges against two cryptocurrency fraudsters who impersonated U.S. regulators and forged documents as part of a scheme to steal bitcoin from retail investors. According to a complaint filed last Friday in the U.S. District Court for the Northern District of Texas, the defendant(s) — operating under the The post Bitcoin Fraudsters Impersonated U.S. Regulators, Forged CFTC Documents appeared first on CCN

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Hacked Mining Firm NiceHash Has Paid Back 60 Percent of Stolen Bitcoin

Slovenian bitcoin mining marketplace NiceHash has announced that it has successfully reimbursed 60 percent of all funds stolen in last December’s hack, which saw 4,700 BTC worth approximately $65 million stolen from the firm. Seventh Reimbursement The news was announced in a post on its Twitter account, where it was revealed that the seventh reimbursement The post Hacked Mining Firm NiceHash Has Paid Back 60 Percent of Stolen Bitcoin appeared first on CCN

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‘Vicious’ Crypto Fraudster Fined $1.1 Million, Slapped with Lifetime Trading Ban

A cryptocurrency trading firm and its principal have been fined as well as banned from any future trading in digital assets in a case filed by the Commodity Futures Trading Commission (CFTC). In the landmark case targeting Cabbage Tech aka Coin Drop Markets and the firm’s principal, Patrick K. McDonnell, the New York Eastern District The post ‘Vicious’ Crypto Fraudster Fined $1.1 Million, Slapped with Lifetime Trading Ban appeared first on CCN

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Bronx Biker Gang Members Charged in $2 Million Ether Kidnapping

Last year in November, 35 year old Louis Meza kidnapped his friend with the help of three gang members to steal the victim’s crypto holdings. In December 2017, Meza was charged with kidnapping and robbing the victim by Manhattan prosecutors. At that time, video footage of the incident was used to capture Meza, however, the rest The post Bronx Biker Gang Members Charged in $2 Million Ether Kidnapping appeared first on CCN

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‘Big Bitcoin Heist’ Suspect Regrets Fleeing Iceland after Jailbreak

Sindri Thor Stefansson, a 31-year-old man who escaped from prison in Iceland and was rearrested two weeks ago in the Netherlands, has expressed regret for the jailbreak and his decision to flee the country, where he was a suspect in a crime dubbed the Big Bitcoin Heist. Stefansson confessed his feelings about the jailbreak during The post ‘Big Bitcoin Heist’ Suspect Regrets Fleeing Iceland after Jailbreak appeared first on CCN

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