#arrest

Taiwanese Authorities Charge Seven Bitcoin Ponzi Scheme Organizers

January 21, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin, Crime, News

The Taiwanese authorities have officially pressed charges against the seven fraudsters who were arrested in June last year for allegedly running a bitcoin-powered Ponzi scheme, reported local news source Focus Taiwan on January 18, 2019. Multiple Banking Laws Violated Per sources close to the matter, the Taichung District Prosecutors Office...

Bostonian Nabbed for Stealing Millions in Bitcoin via Sim Swapping

China: Man Sentenced to Prison for Stealing Railway Electricity to Mine Bitcoin

October 9, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Blockchain, Exchange, News, Platform, Tech

Although the Chinese regulatory bodies have maintained their distance from cryptocurrencies, it has not deterred the people in the country from partaking in the promising crypto mining industry – as a Chinese man was recently sentenced to 3.5 years in prison for stealing power from a train station to mine...