John and Tina Barksdale were charged Tuesday for alleged securities fraud, wire fraud and conspiracies to commit both by selling a cryptocurrency called “Ormeus Coin.” According to a release from the Department of Justice, John Barksdale misrepresented that Ormeus Coin secured a $250 million mining operation and accrued more than $5 million in revenue each […]
The U.S. Department of Justice (DOJ) announced in a February 2022 statement that it had successfully seized the majority of the bitcoin drained in a 2016 hack of the cryptocurrency exchange Bitifinex after gaining control of the wallet supposedly containing the stolen funds. Despite the apparent unlikelihood of retaking long-gone funds, a complex but deterministic […]
Experts have warned users of detected scammers pretending to be embattled Ukrainians and asking for crypto donations in social media. While Ukraine continues to amass millions of donations in cryptocurrencies, dedicated teams of security experts from Avast in both Russia and Ukraine have been monitoring various channels for possible threats in the thick of the […]
Scalable Solutions AG, a Swiss company offering B2B solutions for crypto exchanges, today announced the launch of its newest product, the Scalable Wallet. Supported on iOS and Android, the white label custodial wallet’s interface is designed for ease of use and intuitive navigation for users of all levels with the partnering company’s brand at the […]
Ukraine has received tons of crypto wallets addresses related to russian politicians after mounting an effort to survey such wallets, Artem Afian, the private lawyer entrusted with the responsibility said. “Our idea was that the war criminals will try to avoid sanction through crypto and we want to get them there,” said Afian. The de-facto […]