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Two Men Plead Guilty to Selling Drugs for Crypto and Laundering $2.8 Million

Manhattan District Attorney Cyrus R. Vance announced on April 23 that two men plead guilty for illicitly selling steroids and controlled substances and laundering millions of dollars in cryptocurrencies and Western Union payments.Callaway Crain, 35, and Mark Sanchez, also 35, were allegedly behind the darknet website “NextDayGear,” and also

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A Guilty Verdict, Impatient Creditors and a Resurrecting Movement: Mt. Gox Saga Continues

It is one of the biggest cryptocurrency hacks of all time and still remains the biggest Bitcoin (BTC) hack the world has ever seen. The 2011, a security breach on Mt. Gox’s platform, the now-defunct Japanese cryptocurrency exchange, saw 850,000 Bitcoin stolen. Although 200,000 BTC have since been recovered,

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Crypto AriseBank CEO Pleads Guilty to Deceiving Investors in $4.2 Million Case

The former CEO of reported cryptocurrency scam AriseBank has pleaded guilty to defrauding victims of over $4.2 million, Texas-based daily news outlet Dallas News reported March 21.Jared Rice, whom the FBI arrested over securities and wire fraud in November last year, confessed to his activities, according to an announcement

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CEO of Crypto City Project Bitcointopia Pleads Guilty to Selling Land He Didn’t Have

Morgan Rockcoons, also known as Morgan Rockwell, has pleaded guilty to two cryptocurrency-related charges in San Diego federal court this week. Rockcoons admitted both to selling land he didn’t have for a crypto city project dubbed “Bitcointopia” and to operating a money transmitting business without a license, daily news

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Three Thai Siblings Accused of $24 Million Bitcoin Scam Plead ‘Not Guilty’

Three Thai citizens who are currently being prosecuted for allegedly swindling $24 million worth of Bitcoin (BTC) have pleaded “not guilty” in the Criminal Court of Bangkok, major Thai newspaper Bangkok Post reports Wednesday, Nov. 7.During the hearings, Thai prosecutors accused the three defendants and six accomplices of defrauding 21-year-old

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