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Crime

cryptocurrency September 18, 2019

U.S. law enforcement has charged Steven Nerayoff, an early supporter of the ethereum project and a former paid advisor to Overstock’s tZero, with extortion. Advertisements Nerayoff, an attorney and founder of blockchain consulting firm Alchemist, was arrested Wednesday morning by the Federal Bureau of Investigation (FBI) and was scheduled to face charges before a federal court […]

cryptocurrency November 8, 2018

Two principals at a Chinese school got in hot water after stealing power from the institution to mine the ethereum cryptocurrency. Advertisements According to a report from Hong Kong news outlet HK01 on Wednesday, Puman Middle School in Hunan province had been experiencing higher than normal noise levels from its computers over recent months, even on […]

cryptocurrency October 15, 2018

This week, we discuss kidnappings & gunpoint attacks demanding cryptocurrency. We often say that cryptocurrency is unseizable. But in one sense, it’s actually more seizable than dollars in your bank account: Kidnappers’ crypto accounts, unlike bank accounts, are unfreezable and are themselves unseizable — making stolen funds completely unrecoverable. Advertisements What can we do to be safe […]

cryptocurrency April 24, 2018

Users of MyEtherWallet, a web app for storing and sending ether and ethereum-based tokens, experienced an attack Tuesday that saw users of the service lose around $152,000 worth of ether. Advertisements The company was quick to alert users to the danger, tweeting a warning at 7:29 a.m. EDT, within 15 minutes of when the hack […]