The story of the Italian tourist allegedly kidnapped by crypto businessmen keeps taking wild turns—the latest potentially implicating New York law enforcement in the ordeal. According to a report from local NBC affiliate station News 4 New York, two NYPD officers, including one who was serving as security detail for Mayor Eric Adams, have been […]
Another Crypto Investor Arrested in Connection to Bizarre Chainsaw Torture Episode
Yet another white-collar crypto investor has been arrested in connection to a bizarre and violent criminal case involving an Italian crypto millionaire. Last week, Michael Valentino Teofrasto Carturan, 28, reportedly broke loose from a ritzy apartment in Manhattan’s Nolita neighborhood and alerted a traffic agent to his imprisonment and torture at the home over a […]
19-Year-Old to Plead Guilty to Hacking Charges After Data Breach of Millions of Schoolchildren
A Massachusetts teenager has pled guilty to a number of hacking crimes, including his role in the penetration of a cloud company with data on tens of millions of children, the government says. On Wednesday, the Justice Department said that 19-year-old Matthew D. Lane of Sterling, Massachusetts, had entered into a plea agreement with the […]
Crypto-Related Abudctions are On the Rise Globally
Criminals are stealing crypto through physical thefts. Source link
Bitcoin Mining Is No Longer Worth it
After a dip that coincided with when the stock market crashed (remember when Bitcoin was supposed to be a hedge against market volatility?), the cryptocurrency is pushing back up toward its all-time high. Despite that, it seems that mining for the cryptocurrency is no longer worth it, even for some larger mining operations. According to […]
DOGE Aide Involved in Dismantling Consumer Bureau Owns Stock in Companies That Could Benefit From Cuts
ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. A federal employee who is helping the Trump administration carry out the drastic downsizing of the Consumer Financial Protection Bureau owns stock in companies that could benefit from the agency’s dismantling, a […]
Sam Bankman-Fried Thrown Into Solitary Over Tucker Carlson Interview: Report
Tucker Carlson’s interview with disgraced crypto CEO Sam Bankman-Fried, which was distributed online Thursday, appeared to be a transparent ploy to get media attention with the goal of ultimately scoring a pardon from President Donald Trump. But it sounds like SBF is now paying a price for the interview. The former billionaire has reportedly been […]
Man Who Hijacked SEC’s X Account to Pump Bitcoin Faces Up to Five Years in Prison
An Alabama man who hijacked the X account of the US Securities and Exchange Commission (SEC) to pump Bitcoin has pleaded guilty to identity theft and access device fraud. Eric Council Jr., along with his co-conspirators, used their unauthorized access to the SEC’s X account to post a false statement claiming the agency had approved […]
El Salvador Backs Away From Its Bitcoin Experiment
Bitcoin is out of power in El Salvador after lawmakers in the country rushed to change laws around the cryptocurrency following a deal with the International Monetary Fund. San Salvador and President Nayib Bukele wanted a loan from the IMF for $1.4 billion dollars and the IMF agreed so long as the country agreed to […]
‘Crypto Is Ground Zero’: Hedge Fund Warns Investors Trump Is Inflating a Catastrophic Bubble
Hedge fund Elliott Management recently sent a letter to investors warning them away from crypto. It urged clients to remember that crypto is a speculative market, suggested that the White House has caused a massive bubble to form, and predicted that a huge crash is coming. The Financial Times saw the letter Elliott sent to […]