Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners

Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners

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In a chilling but sadly all-too-familiar sequence of events, UK banks have been targeting cryptocurrency owners. Individuals who have cashed out large amounts of cryptocurrency – legitimately – have had their assets frozen and accounts locked without warning, fueled by fears of money laundering and a general distrust of bitcoin. One victim even claims to…

30% of UK Firms Hit by Crypto Mining Malware in a Month: Survey

30% of UK Firms Hit by Crypto Mining Malware in a Month: Survey

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Almost a third of U.K. businesses said they had been hit by cryptocurrency mining malware within the previous month, according to new research.

Crypto Stock Exchange Operator Pleads Guilty to Fraud

Crypto Stock Exchange Operator Pleads Guilty to Fraud

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Jon Montroll, who ran the now-defunct bitcoin investment platform BitFunder, has plead guilty to securities fraud and obstruction of justice charges.

Federal Judge Wavers As CFTC Seeks Injunction in Crypto Fraud Case

Federal Judge Wavers As CFTC Seeks Injunction in Crypto Fraud Case

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The CFTC is wrapping up its case against accused fraudster Patrick McDonnell – but the hearings in New York this week have been anything but simple.

US Senators Discuss Crypto Threat to Domestic Elections

US Senators Discuss Crypto Threat to Domestic Elections

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DarkTower director Scott Dueweke said cryptocurrencies are “tailor made” for foreign powers hoping to influence American elections.

London Authorities Seize $700,000 in Bitcoin from Cybercriminal

London Authorities Seize $700,000 in Bitcoin from Cybercriminal

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Cybercrime is becoming a significant issue in today’s technological society. Moreover, cybercriminals are starting to use cryptocurrencies to launder their money. Although many cybercriminals feel as though they operate with impunity, that’s not the case. Last year, Scotland Yard arrested Grant West and authorized seized  $700,000 worth of Bitcoin. Related Story: New Study Highlights Cryptocurrency’s Role…