Two Israeli brothers have been arrested in connection with a cryptocurrency scam involving “tens of millions” of dollars. Jerusalem-based Eli and Assaf Gigi were involved in a scheme were they accessed traders’ wallets and took the coins for themselves, Finance Magnates reports. The brothers are also reportedly suspected by investigators of links to the 2016 Bitfinex exchange hack. The incident led to the loss of around $ 65 million in bitcoin in 2016. A police spokesperson refused to further discuss the link with the publication. How the Brothers Conducted the Scam According to Posta, the brothers gained access to wallets through
Julian Assange, co-founder of Wikileaks and early Bitcoin supporter, was arrested at the Ecuadorian Embassy in London and faces extradition to the U.S. on conspiracy charges.
Having spent the last seven years seeking asylum in the embassy, Assange has at last lost the support of the Ecuadorian government. He was arrested on April 11, 2019, for failing to appear in British courts. Originally in hiding due to a Swedish arrest warrant over allegations of sexual assault completely unrelated to his involvement with Wikileaks, these charges have since been dropped altogether. Nevertheless, the British government has sought his arrest for failing to appear in court for these charges.
In this edition of The Daily, the creator of the in-browser crypto mining software Coinhive is closing down due to the low prices of monero and its forks. Also, $ 7.7 million of Eos has been stolen by a hacker and the crypto entrepreneur behind the money-throwing stunt in Hong Kong last year has been arrested for fraud.
More than a dozen suspects have been arrested in Taipei for their part in an alleged Taiwan cryptocurrency scam that is worth in the region of $ 8 million. The scam surrounds a cryptocurrency called IBCoin, which was supposedly used to part investors from their cash in Taiwan. 2018 was a bad year for the crypto
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By CCN.com: Two people have been arrested by police in Mpumalanga, South Africa in connection with the kidnapping of a 13-year-old boy in Witbank whose family was then told to pay the equivalent of $ 120,000 in bitcoin (approximately 32.89 BTC at press time). Local Police Nab Crypto Kidnappers South Africa’s Times reports that following the May 2018
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Michael Williams, a state Senator from Georgia, has turned himself over to authorities after he was accused of insurance fraud. Williams, who co-introduced the Senate Bill 464—which aimed to compel the state’s revenue authority to receive cryptocurrency as payments for taxes—was charged by a Hall County grand jury on December 18 after an investigation
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An American bitcoin trader has been arrested in the Philippines for allegedly killing his girlfriend and dumping her body in a river. Well-known bitcoin trader and Californian native Troy Woody Jr. was arrested together with Brooklyn native Mir Islam over the murder of Tomi Michelle Masters, according to the Daily Mail. The two are accused
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According to a report by the South China Morning Post, a 24-year-old man is said to have tossed bank notes from the top of a skyscraper in Hong Kong, triggering agitation from passersby below. The man, who was identified as Wong Ching Kit (with aliases such as “Mr. Coin” and “Coin Master”) is the owner … Continued
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According to a local Romanian news outlet Ziar de Cluj and others, Vlad Nistor — the CEO of Romania-based Bitcoin exchange CoinFlux — has been detained on behalf of the US government and is awaiting extradition. He was arrested in the city of Cluj-Napoca on Tuesday, according to another outlet. The crypto exchange has not disclosed
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Three individuals are currently out on bond in Zambia after being arrested over charges related to a cryptocurrency investment scheme they had operated. The three suspects — Hilda Agnes Raubenheimer, Orient Rio Zekko, and Tapiwa Chirwa — are directors of cryptocurrency investment firm Heritage Coin Resources Limited, per the Zambian Watchdog. They allegedly collected more
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Five men in South Korea were arrested on Thursday for illicitly injecting crypto mining malware into more than 6,000 computers. Local police and the Korean National Police Agency Cyber Bureau said in an official statement that a group of five hackers led by a 24-year-old Kim Amu-gae released 32,435 emails containing cryptocurrency mining malware targeting
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Makaveli Lindén, the primary suspect in the gruesome murder of 24-year-old Norwegian bitcoin investor Heikki Bjørklund Paltto, is in police custody following a successful international manhunt. Swedish news outlet Aftonbladet reports that Oslo police have confirmed that Lindén, 20, has been captured more than a week after he allegedly stabbed Paltto to death in the
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The $ 34 million Bitcoin scam has its prime suspect named Prinya Jaravijit who was arrested in Thailand after returning to the country.
Jaravijit is allegedly part of a scam which saw a man from Finland, Aarini Otava Saarimaa scammed out of over 5,500 Bitcoins, this would be worth around $ 34 million in today’s market. The scam originally came to light during early August this year.
According to Bitcoin News:
“The victim believed that he was investing in Dragon Coin, but the cryptocurrency he handed over was laundered through several wallets and used to invest in real estate instead. He eventually contacted the police, who then began an investigation.”
A French security official with the Direction Générale de la Sécurité Intérieure (DGSI) was indicted last week and taken into custody on charges of selling state secrets in exchange for payments in bitcoin. According to local French media Le Parisien, the unnamed agent was allegedly arrested for peddling economic information and falsifying administrative documents. Protecting French
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Oklahoma police have arrested two men who reportedly stole millions of dollars from a California-based cryptocurrency company, local media reported. Fletcher Robert Childers, 23, and Joseph Harris, 21, of Missouri, were arrested on suspicion of grand theft, a first-degree felony, and identity theft, a Class C misdemeanor. If charged for both, the duo could receive
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Cody Wilson, 3D-printed firearm pioneer and DarkWallet developer, has been arrested in Taiwan in connection with charges that he sexually assaulted a minor in Texas. The arrest was reported on Friday morning by a local CBS affiliate in Austin, TX, where police had filed an affidavit against Wilson on Wednesday, alleging that he sexually assaulted a
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Nearly eight months to the day after the ponzi scheme BitConnect exit scammed, the sins of the project have caught up to one of its figureheads.
Divyesh Darji, the alleged leader of BitConnect’s Asian team, was arrested this Saturday, August 18, 2018, in the Delhi airport by the Gujarat Criminal Investigation Department (CID). In cooperation with the country’s immigration task force, the authorities booked Darji after he arrived from Dubai, United Arab Emirates, his place of residence.
According to P. G. Narwade, a CID inspector involved in the case, “[a] look-out circular was issued against [Darji],” leading to the Immigration Department’s tip that he was en route to India from Dubai.
Alleged India Bitconnect head, Divyesh Darji, was arrested this week at a airport in Delhi as he arrived from Dubai. He and conspirators are accused of bilking millions of dollars (Rs 88,000 crore) from Indian investors seeking to find financial refuge during the government’s demonetization campaign.
India Bitconnect Head Arrested in Delhi
The sad and at times infuriating case of Bitconnect continues to unravel around the world. This week, accused mastermind of the group in Asia, Divyesh Darji, was arrested in connection with his role in the many millions of dollars investment scam.
When making investment decisions it is always important to remember the old saying, “If something looks too good to be true, it probably is.” This is especially true if anyone promises you a bitcoin mining rig, which people wait for months in advance, at just a third of the retail price.
The Forsyth County Sheriff’s Deputies have arrested five individuals charged in connection with an alleged home-invasion conspiracy to steal nearly $ 1 million in Bitcoin.
Residential Strong Arm Robbery
They say that crime never pays. For five men in Georgia, that was certainly the case.
As reported by 11 Alive, the Forsyth County Sheriff’s Office arrested five men in connection with a conspiracy to invade a Forsyth County home in the hopes of making off with upwards of $ 1 million in Bitcoin, the world’s most popular and expensive cryptocurrency.