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‘Trusted seller’ vends fake Trezor wallets stealing crypto: Kaspersky

Amid the rising popularity of hardware cryptocurrency wallets, the Russian cybersecurity firm Kaspersky has reminded users about the importance of using authentic crypto devices.Kaspersky’s cyber incident expert Stanislav Golovanov on May 10 reported on an issue with fake hardware wallets impersonating major wallet firm Trezor.According to the blog post, the

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LocalBitcoins Seller Charged After Undercover ‘Human Trafficking’ Sting

A Washington state resident has been charged with money laundering after selling Bitcoin for $140,000 in cash to undercover agents.Bothell’s Kenneth Warren Rhule, 26, met with agents from Homeland Security Investigations on numerous occasions between April to December 2018, often in Seattle-area Starbucks cafes.According to the unsealed complaint Rhule

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US Homeland Security Charges LocalBitcoins Seller on Money Laundering Charges

Washington state resident Kenneth Warren Rhule has been charged with laundering over $140,000 in bitcoin after agents with Homeland Security Investigations (HSI) made a series of undercover cash-for-crypto deals with the 26-year-old.Rhule faces multiple counts of operating an unlicensed bitcoin money transmitter business and laundering monetary instruments after allegedly meeting

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