A Rancho Cordova, California nurse has been charged by federal authorities with selling illegal narcotics via dark net markets. Allegedly, her username Farmacy41 earned over 200 BTC across three markets. Carrie Alaine Markis made an appearance in federal court in Sacramento, charged with numerous counts of drug dealing. Farmacy41 Markis reportedly used the handle Farmacy41 across several DarkNetMarkets beginning in 2013. She told customers that her source was people who bought pills from those who had them legally prescribed to them. In total, she allegedly sold almost 9,000 hydrocodone pills, over 2,500 oxycodone, nearly 1,000 methadone pills, 70 morphine tablets
PayPal, a leading payments processor valued at over $ 97 billion, charges merchants high percentage-based fees on top of a flat based fee of 2.9 percent. The high transaction fee of PayPal has led merchants to explore alternatives like crypto to minimize expenses. For most normal users on PayPal, a transaction from one user to another … Continued
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South Korea’s top financial regulator has formally filed fraud charges against executives of one of the Asian country’s biggest cryptocurrency exchanges. Three senior executives of Upbit including the founder Song Chi-Hyung were charged with making fraudulent transactions between September and December last year by prosecutors in Seoul, according to nocutnews. Specifically, the senior Upbit executives
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Jared Rice Sr., CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud. Rice is accused of scamming investors out of more than $ 4 million through a cryptocurrency scam that promised federally insured accounts and brand-name credit cards.
In an apparent first, the U.S. Securities and Exchange Commission (SEC) has charged the founder of EtherDelta, Zachary Coburn, with running an “unregistered national securities exchange,” according to a press release from the regulator.
“EtherDelta provided a marketplace for bringing together buyers and sellers for digital asset securities through the combined use of an order book, a website that displayed orders, and a ‘smart contract’ run on the Ethereum blockchain,” the agency noted.
Two of the blockchain hype bubble’s flagship companies now find themselves with new captains at their respective helms, after their CEOs stepped down days after being charged by U.S. regulators with perpetrating a $ 27 million penny stock scam. Riot Blockchain, MGT Capital CEOs Named in SEC Complaint John O’Rourke, who until this week led biotech-turned-cryptocurrency
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A duo dubbed the “Discount Bitcoin Bandits” have been charged with stealing thousands of dollars from individuals intending to purchase cryptocurrency in the Los Angeles Area.
Bitcoin Bonnie and Clyde?
Precious Lanay Fitzgerald and Lawillie Joshua Hall, the man and woman known as the “Discount Bitcoin Bandits,” each face multiple charges after they are accused of stealing approximately $ 90,000 in a fraudulent Bitcoin scheme.
According to a report released by the LA District Attorney’s Office, the pair allegedly posted advertisements online offering Bitcoin for sale and took advantage of potential buyers. They used these adverts and online communications to steal money from six people between October and February of last year.