#FBI News

QuadrigaCX: FBI Collaborating with Suspected Victims to Solve the Mystery

January 15, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

The United States Federal Bureau of Investigation (FBI) has finally contacted some of the bitcoin (BTC) traders who lost their hard-earned money to QuadrigaCX and is now working with them to dig up more facts concerning the exchange’s collapse, according to reports on January 14, 2020. FBI Sends Emails to...

United States: Ex-Ethereum Foundation Member Virgil Griffith Indicted

January 9, 2020 by Osato Avan-Nomayo at Ethereum

The U.S. government has formally brought up charges against Virgil Griffith, a former researcher and scientist at the Ethereum Foundation. Griffith ran into trouble for traveling to North Korea to attend a crypto and blockchain conference after having been denied permission to travel by the U.S. State Department. Grand Jury...

Bitfinex Moves Judiciary to Unlock their $880 Million in Seized Capital

October 21, 2019 by Ashwath Balakrishnan at Bitcoin, Development

According to new court filings, Bitfinex's parent company, iFinex Inc, has filed a discovery with relation to the $880 million seized from the exchange and its partner companies. These funds were held by Crypto Capital on behalf of Bitfinex and was seized by the FBI amid shadow banking allegations, as...

Long Island Iced Tead scribbled out with Long Blockchain replacing it tasty beverage on the side blockchains too

Listed Company that Changed name to ‘Long Blockchain’ Suspected of Insider Trading

July 26, 2019 by Ashwath Balakrishnan at Business

Blockchain was probably the most overused buzzword in 2017 for economic and technology enthusiasts. Many companies like Long Island Iced Tea and Bioptix changed their names and their core business just to get in on the hype. A new FBI investigation revealed the cold-beverage company may have done this on...

Multiple Science Beakers Sitting on a Desk

Three Scientists Dismissed from MD Ander Cancer Center Amid “Academic Espionage” Allegations

April 24, 2019 by Eddie Mitchell at Crime, Cybersecurity, Regulation

Three senior researchers at the MD Anderson Cancer Center in Houston, Texas, are reported to have been ousted from their positions due to allegations of what can be described as "academic espionage" in connection with China. This, according to reports from The Houston Chronicle and Science magazine on April 19,...

FBI Bitconnect Trail Invstigate Red Blue Yellow

The FBI Might Need You to Help them Investigate the BitConnect Case

February 23, 2019 by Aisshwarya Tiwari at Blockchain, Crime, News

According to a notice published February 20, 2019, the Federal Bureau of Investigation (FBI) is seeking a response from investors who lost money due to the now-defunct cryptocurrency exchange platform BitConnect. The FBI Wants You The controversy surrounding the digital token issued by BitConnect is something the industry would want...

FBI Speaks On The Cryptocurrency Sector

February 20, 2019 by Neil at Altcoins, Bitcoin, Commentary, News

It is rare that cryptocurrency investors and traders actually get insight into the way that law enforcement is watching and examining the cryptocurrency industry. In a recent interview with the FBI conducted by The Paypers, February 19, 2019 - the agency elaborated on how investors can protect themselves, and how...

Dallas: Crypto Firm Arrested by FBI for $4 Million Fraud

November 30, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Business, Crime, Finance, News, Platform

The FBI has arrested the CEO of Dallas-based AriseBank on November 28, 2018, reports Dallas News. The arrest was made after allegations of company CEO, Jared Rice Sr. duping hundreds of investors out of more than $4 million. Reportedly, Rice had tricked the investors into a ponzi cryptocurrency scheme, promising...

Research: Bitcoin’s Protocol can Be Analyzed to Track Criminals

June 29, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Commentary, Crime, News, Regulation, Tech

While the ethos of digital currencies is rooted in anonymity and privacy for the transacting parties, a New York-based company believes it can unravel blockchain’s data to uncover the person/s behind suspicious accounts. Anonymous? Not so Much As per a Fortune report on July 27, 2018, blockchain security company Chainalysis...

CIA Keeps Mum on Rumors of it Knowing the Real Identity of Satoshi Nakamoto

June 17, 2018 by Priyeshu Garg at Bitcoin, Commentary, News, Regulation

The United States Central Intelligence Agency (CIA) has stated that it is not willing to confirm or deny rumors alleging that it knows the true identity of the elusive Bitcoin founder Satoshi Nakamoto. The Search for Satoshi The statement was made in response to a Freedom of Information Act (FOIA)...

Backpage.com Accused of Using Bitcoin to Launder Prostitution Revenue

Backpage.com Accused of Using Bitcoin to Launder Illicit Ad Revenue

April 13, 2018 by Rahul Nambiampurath at Bitcoin, Business, News, Regulation

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...

FBI to Google: Stop Displaying Cryptocurrency-related Advertisements

March 13, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, News, Regulation

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....

FBI’s Attack on Encryption; Economists Condemn Bitcoin

October 3, 2016 by Joseph Young at Altcoins, Bitcoin, News, Tech

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...

K2 Intelligence Welcomes Former NYDFS Regulator and FBI Cryptocurrency Expert

September 16, 2015 by Zane Huffman at Business, News

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...