Bitfinex Hacker Sentenced to 5 Years, Guilty of Laundering $10.5 Billion in Bitcoin

Ilya Lichtenstein, who pleaded guilty to the 2016 hack of cryptocurrency stock exchange Bitfinex, has been sentenced to five years in prison, the U.S. Department of Justice DoJ announced Thursday. Lichtenstein was charged for his involvement in a money laundering scheme that led to the theft of...

2 Russians charged in Mt. Gox Bitcoin heist and BTC-e money laundering

By Habiba Rashid Accused individuals allegedly conspired to launder around 647,000 stolen Bitcoins from Mt. Gox, leading to its collapse. This is a post from HackRead.com Read the original post: 2 Russians charged in Mt. Gox Bitcoin heist and BTC-e money laundering...

Suspected 'Big Bitcoin Heist' Mastermind Fled to Sweden On Icelandic PM's Plane

Remember the "Big bitcoin heist" we reported last month when a group of thieves stole around 600 powerful bitcoin mining devices from Icelandic data centers? Icelandic Police had arrested 11 suspects as part of the investigation, one of which has escaped from prison and fled to Sweden on a...

Suspected 'Big Bitcoin Heist' Mastermind Fled to Sweden On Icelandic PM's Plane

Remember the "Big bitcoin heist " we reported last month when a group of thieves stole around 600 powerful bitcoin mining devices from Icelandic data centers? Icelandic Police had arrested 11 suspects as part of the investigation, one of which has escaped from prison and fled to Sweden on a...

Pony Botnet steals $220,000 from multiple Digital Wallets

Are you the one of the Digital Currency Holder? PONY is after You. A Group of cyber criminals has used hundreds of thousands of infected computers of the digital currency holders to filch approximately $220,000 worth of Bitcoins and other virtual currencies. The researchers at the security firm,...