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Blockchain Life 2019  •  

# Arizona News

Joseph Kim, a 24-year old Phoenix, Arizona resident has been sentenced to one and half year in jail for defrauding his former employers, Consolidated Trading and friends over $1 million in bitcoin (BTC) and litecoin (LTC), using the funds for his personal enrichment, reported Finance Magnates on November 18, 2018....
Self-styled hacktivist “Bitcoin Baron” was sentenced to prison on June 19, 2018, for launching a distributed denial-of-service attack against Madison’s administrative networks. “Bitcoin Baron” Faces the Heat The U.S. Department of Justice (DoJ), released a public report on the matter and confirmed the attack caused a city-wide outrage in Madison,...
While states like New York are busy formulating innovation-stifling laws for the blockchain-based virtual currency ecosystem, Arizona sees the world of distributed ledgers technology a bit more clearly. However, a clog has appeared in the wheels of the state's movement towards the acceptance of bitcoin and other cryptocurrencies for tax...
April 4, 2018 by at Bitcoin, Finance, News, Regulation
Arizona-based bitcoin trader Thomas Mario Costanzo, also known as “Morpheus Titana” on Twitter, was recently convicted with five counts of money laundering by a federal jury in Phoenix on March 28, 2018. According to a Justice Department announcement, US federal agents initiated an investigation on Thomas Mario Costanzo, in 2014...
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