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BITCOIN PRICE: 6,422.21     HIGH: 6,457.07     LOW: 6,388.99

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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: police

Indian Bitcoin Extortion Case Continues

Category: Bitcoin, Crime, News

Indian Bitcoin Extortion Case Continues

Two months into the investigation of the Bitcoin extortion in India, the Crime Investigation Department has arrested seven constables from Amreli district in connection with the case. Arrests Made The original complaint was made by Bhatt, a builder based in Surat, who alleged that the Amreli police had kidnapped him and his partner Paladiya, and extorted over Rs 9 crore…

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Bitcoin Trader Faces Jail Time for Running Illegal Bitcoin-Fiat Exchange

Category: Altcoins, Bitcoin, Blockchain, Crime, News

Bitcoin Trader Faces Jail Time for Running Illegal Bitcoin-Fiat Exchange

A cryptocurrency trader in Los Angeles who made at least $300,000 per annum under the name “Bitcoin Maven” is potentially facing a 30-month sentence in prison for operating an unregistered, illegal bitcoin-fiat exchange. Maven Loses Credibility According to NBC, the “Bitcoin Maven” was identified as fifty-year-old Theresa Tetley, who had previously pleaded guilty in Los Angeles to a money exchange…

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South Korean Court Recognizes Cryptocurrency As Assets

Category: Bitcoin, Crime, News

South Korean Court Recognizes Cryptocurrency As Assets

South Korea’s top court has recently confiscated $2.3 billion in cryptocurrency assets from a 33-year old man who operated a pornographic site. It is the first time cryptocurrencies have been confiscated in the country. Korea’s highest court confirmed on May 30, 2018, a court order that seized 191 bitcoins from a man named Ahn. The 191 bitcoin was worth approximately…

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