ICOs & tokens increasingly attracting FBI criminal attention

According to this interview with FBI’s Financial Crimes Section Chief on CNBC, the FBI is seeing an increase in the number of complaints and cases opened involving digital currencies and crime. In particular, the FBI said that it is mostly ICOs and associated investment fraud schemes involving Bitcoin that are on the raise for investigations [...]

New York AG releases integrity report on digital currency exchanges

The New York Office of the Attorney General (the “OAG“) released a report yesterday on the integrity of digital currency exchanges. It sought the voluntary participation of exchanges including Bitstamp, Coinbase, Binance, Huobi, Bitfinex, Kraken, Bittrex, Gemini and Poloniex, among others. The OAG noted that Binance and Kraken declined to participate, citing the fact that [...]

CEO of the exchange OKCoin allegedly stalked by several customers demanding back investments in digital currencies

According to Caixin, China’s most influential media company, the founder and CEO of  the Chinese digital currency exchange OKCoin, Mingxing Xu, 徐明星, was stalked and chased to a hotel in Shanghai by angry customers of his exchange. Later that day, he was taken to the Shanghai police station and detained overnight and part of the next [...]

US indicts two Chinese foreign nationals for operating criminal enterprise, international money laundering and selling fentanyl

The US Attorney General, Jeff Sessions, announced the unsealing of a 43-count indictment against two foreign nationals from China for allegedly manufacturing, advertising, selling and shipping fentanyl, carfentanil and other deadly drugs to several countries including the US and Canada, which resulted in the deaths of American citizens. They are also charged with operating a [...]

Another Canadian in Bitcoin, who was the 3rd largest fentanyl dealer, indicted by US in Operation Darkness Falls

Operation Darkness Falls nets Canadian fentanyl dealer The US DoJ, Department of Homeland Security, the FBI, the US Postal Service and DEA announced several arrests in Operation Darkness Falls, an international operation that sought to ferret out the identities of people selling illegal drugs, especially fentanyl, on the darknet that accepted Bitcoin and other digital currencies [...]

Bitcoin programmer and seller indicted in US for money laundering

A Bitcoin seller was arrested in the US on Friday and charged with 31 offences including international money laundering, operating an illegal digital currency exchange, failing to have an anti-money laundering program in place and structuring transactions. 21-year-old Jacob Campos was a developer at Edge Wallet and a Bitcoin trader who sold Bitcoin in the [...]

International money laundering case allegedly involving the ICO Dragon Coin

According to the federal Thai police, as reported here in the Bangkok Post, the Dragon Coin (which is an ICO), was used for or was involved in it seems unwittingly, an international fraud and money laundering scheme. The Dragon Coin is an ICO allegedly launched with the involvement of a former Triad boss and money [...]

China seizes $1.5 million in Bitcoin from wallets used for illegal online gambling

The police from Guangdong province in China arrested more than 540 people in mid-July and seized more than $1.5 million in Bitcoin associated with illegal online gambling. Police also took offline more than 70 gambling apps and websites and shut down 250 chats for online gambling. In addition, $39 million in assets have been seized [...]

清华大学计划将区块链技术应用于文物保护

By Tongtong Xu 作为中国最高学府之一的清华大学日前递交了一项关于将区块链技术应用于文物保护的专利申请。 根据在4月递交,今天得到披露的专利,三位教员一同研发了一个区块链技术的系统概念,目的是储存并分享有重要意义的文物的数字版本。作为发明者的谭嘉嘉(音译)和陆小步(音译)向大家解释了这个系统的两个重要组成部分。 第一部分包括一个可以对重要文物进行扫描的3D计算模型,目的是在扫描之后能为储存提供一个数字范围的表格。在第二步中,该系统将每一项物品的数据通过一个叫做“Hashing”的加密过程自动储存在私有区块链上。 尽管专利申请并没有直接解释关于他们会如何开发该私有区块链的各方细节,发明者表明说初阶段的探索已在去年四月腾讯发布的区块链平台上进行测试。 See the full patent application below: https://www.scribd.com/document/383768782/Tsinghua-University-Patent#from_embed?campaign=SkimbitLtd&ad_group=100652X1574425X38331168130bda0dedb41cbaf98a34f5&keyword=660149026&source=hp_affiliate&medium=affiliate

Canadian Court orders transfer of 420 Bitcoin held by ICO founder, during Court hearing

On Friday, a Québec Court ordered the founder of an illegal ICO, Dominic Lacroix, to transfer $3.7 million worth of Bitcoin during a Court hearing and threatened him with incarceration if he did not immediately do so. Lacroix created the Plexcoin ICO which is the subject of an enforcement action by the SEC. According to [...]