If anyone still believes that bitcoin is magically anonymous internet money, the US government just offered what may be the clearest demonstration yet that it’s not. 796 more words
Tags » Black Market
Millions stolen: Inside the elaborate Bitcoin scams of Tadas Kasputis, EgoPay, Virtex.com & Paymentbase
Mt Gox has become the ongoing meme for any negative story in the Bitcoin space. It is, and remains to date the largest loss by any Bitcoin exchange, but unlike what we are about to describe to you, it was anything other than elaborate: it was either a case of hacking or insider theft. 1,341 more words
Ross Ulbricht is currently on trial for allegedly running the black market site Silk Road. Excerpts from a private journal the FBI found on his laptop.
Robert Faiella (L), the accused co-conspirator of Bitcoin promoter Charlie Shrem (not pictured), walks out of federal court in Lower Manhattan, New York September 4, 2014. 400 more words