Tag: FBI

The online classified website Backpage, which was previously accused of facilitating prostitution, has finally been seized by American law agencies. Prostitution, not Dating Advertisements The move came after a grand jury in Arizona indicted seven employees of the company on March 28, 2018. It is alleged that executives of the website took no action despite having direct knowledge of the…

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On January 30, social media giant, Facebook updated its ads policy, prohibiting adverts that promote cryptocurrency and ICOs. While many believed that Facebook’s decision is an unforced decision made to eradicate scam ICO schemes, the latest report has emerged, revealing that the FBI actually pressured Facebook to ban crypto-related adverts. Now, the federal authority is trying to force Google to…

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The Federal Bureau of Investigation (FBI) and the US Department of Justice (DoJ) have arrested a man in Connecticut for allegedly stealing over six figures worth in dollar terms of bitcoin from over 10,000 dark web marketplace users. Michael Richo, a 32-year old man, received five counts of criminal charges, including access device fraud, computer fraud, wire fraud, aggravated identity…

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At the Symantec Government Symposium in Washington DC, FBI Director James Corney released the agency’s strategy to “break” data encryption methods in 2017. Leading economists including Nobel-winning Joseph Stiglitz have also praised the government’s efforts of “shutting down” cryptographic networks like Bitcoin. Most financial institutions, leaders, and economists believe that bitcoin, as a form of money, must be regulated and…

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K2 Intelligence has recently announced the addition of two senior executives, Dana Syracuse and Vincent D’Agostino. A leader in the industry, K2 Intelligence offers investigative, compliance, and cyber defense services to governments, companies, boards, and individuals. Dana V. Syracuse, former Associate General Counsel of the New York State Department of Financial Services (NYDFS), will join as Managing Director of the…

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