Home > Allegedly

$2M Crypto Scam Allegedly Funded Man’s Lavish Lifestyle

A trust has sued businessman, Brock Flagstad, over allegedly misappropriating over $2 million in funds that were purportedly designated for cryptocurrency trading.Despite Flagstad soliciting the funds for the purpose of digital asset trading, the James Streibich Revocable Trust accuses the businessman of siphoning money from the investment to fuel

Read More

Bitmain’s Antminer E3 Will Allegedly Stop Ethereum Mining in 1 Month: Report

While the Ethereum network is preparing to start shifting to proof-of-stake (PoS) consensus, some mining devices might soon stop supporting ETH mining at all.Bitmain’s Antminer E3, once the “world's most powerful” hardware for mining Ether (ETH), will allegedly stop Ethereum mining in April 2020, according to a Feb. 24

Read More

Officials Arrest US Resident for Allegedly Laundering Drug Proceeds With Crypto

The U.S. arrested an alleged money launderer Tuesday on accusations of using cryptocurrencies and cashier's checks to obfuscate the origins of funds related to drug running.First noted by George Washington University's Seamus Hughes, the complaint, unsealed Wednesday, charges Pedro Antonio Aquino-Eufracia with conspiracy for allegedly participating in a drug cartel,

Read More

Julian Assange Allegedly Offered Pardon for Denying Russian Hacking

A lawyer for Julian Assange spoke in court on Wednesday, claiming a former Republican congressman offered the WikiLeaks founder a presidential pardon. This clemency was to be in exchange for denying Russian involvement in the 2016 Democratic National Committee email hack. Assange’s lawyer, Edward Fitzgerald, declared in the Westminster Magistrates'

Read More

Block.One Joins EOS Elections as One Entity Allegedly Has 37% Control

The centralization of EOS has again emerged as a contentious issue within the cryptocurrency community, with the firm that created the EOSIO software, Block.One, participating in electoral procedures to choose the Block Producers for the EOS blockchain.On Nov. 28, EOS Block Producer EOS New York tweeted screenshots of Whois

Read More

OneCoin Fugitive Cryptoqueen Allegedly Paid $50 M to Lawyer to Launder Funds

United States prosecutors told a Manhattan jury that lawyer Mark S. Scott was paid $50 million to help OneCoin co-founder and current fugitive Ruja Ignatova launder $400 million.On Nov. 20, Law360 reported that the Manhattan U.S. attorney's office and the New York County district attorney's office are in the

Read More

New Files Allegedly Connect $450M in Lost Bitcoin to Russian Intelligence

$450 million worth of lost cryptocurrency from the now-defunct cryptocurrency exchange WEX may have been transferred to a fund belonging to Russian intelligence agency the Federal Security Bureau (FSB), according to an investigation by the BBC’s Russian Service published on Nov. 15.The BBC’s recent investigation into the BTC-e crypto

Read More