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Russian Court: Bitcoin Theft Not a Crime
3.7.2020
A Russian district court has dismissed bitcoin theft as a crime since cryptocurrency is not regulated in Russia and there is no legal status for bitcoin. The accused were found guilty, sentenced to prison, and ordered to return only the fiat money stolen — not cryptocurrencies....
‘Casino Jack’ Abramoff Charged in AML Bitcoin Cryptocurrency Fraud Case, Could Return to Prison
27.6.2020
Jack Abramoff, the lobbyist behind one of the biggest Washington lobbying scandals as portrayed in the feature film Casino Jack, has been charged in connection with AML bitcoin cryptocurrency. He faces returning to jail after previously serving three and a half years in prison. Jack Abramoff...
Even Putin Couldn’t Save This Dark Web Mastermind From Prison
26.6.2020
Even Vladimir Putin was not able to save this Dark Web mastermind who ran an elite invite-only cybercrime club
Crypto Founder Sentenced to Seven Years in Prison for $25 Million Scam
17.6.2020
A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000
Satoshi Nakamoto Candidate Paul Le Roux to Start Bitcoin Mining Business After Prison Time
16.6.2020
A possible Satoshi Nakamoto, the mysterious creator of Bitcoin, has been sentenced to 25 years in prison. Criminal mastermind Paul Le Roux told the judge that upon his release he plans to “start a business selling and hosting bitcoin miners,” claiming that his ASIC chip design will...
Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
24.5.2020
Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison...
No Visits, No Parole: Ross Ulbricht Is More Alone Than Ever During COVID-19
27.4.2020
Silk Road founder Ross Ulbricht is in his seventh year behind bars. His mom Lyn continues to campaign for his release, despite rough odds and no visitation rights during coronavirus
61-Year-Old Silk Road Vendor to Stay in Prison Despite COVID-19
14.4.2020
A judge ruled that the vendor is in “reasonably good health” and this his argument would justify the release of every single federal in-mate over the age of 60
Bitcoin Forecast From Prison: Prepare to Buy, Crash Incoming
13.4.2020
This image is said to be hand-drawn by Ross Ulbricht in prison: \"I let my hair and beard grow for one year after I was given two life sentences plus forty years without parole. Then I drew this picture of me in my cell.\" Source: a screenshot, Instagram/freerossulbricht
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Bitcoin Could Become Like ‘Prison Cigarettes’ Amid Deepening Financial Crisis
12.4.2020
Economist John Vaz believes economic mismanagement could lead to Bitcoin acting as a money commodity akin to cigarettes in prisons
Vermont Rapper Releases Hip Hop Track ‘#Freeross,’ Ulbricht Petition Nears 300K Signatures
27.3.2020
Southern Vermont-based hip-hop artist, Krypto Man, has released a new single called “#Freeross” in hopes to get Ross Ulbricht released from prison. Krypto Man is a well known rapper on the east coast and revenue from the song will be donated to the nonprofit Freeross.org. Ross Ulbricht...
Two Canadians Sentenced to Prison Time in US for Bitcoin Theft
18.3.2020
Two men impersonated HitBTC support staff on Twitter, convincing an Oregon resident into allowing access to their email and cryptocurrency exchange accounts
Roger Ver: Prison Made a Bitcoin Believer
27.2.2020
Roger Ver bears it all in Cointelegraph exclusive - how his prison experience made him a Bitcoin believer and why BCH will appreciate 1,000 times
CabbageTech CEO Sentenced to 33 Months in Prison After Pleading Guilty in Fraud Case
16.1.2020
Patrick McDonnell was sentenced to 33 months in federal prison and ordered to pay victims $225,000 after pleading guilty to charges he defrauded investors in his crypto trading platform, CabbageTech
Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail
30.12.2019
U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole...
Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind Bars
11.12.2019
Ross Ulbricht, serving life without parole for allegedly running the Silk Road marketplace, hasn’t allowed his detention to deprive him from monitoring bitcoin’s price action. In a new blog series titled Bitcoin by Ross, Ulbricht reveals that he is closely attuned to BTC’s price...
Cryptojacking Malware Devs Sentenced to 20 Years in Prison
9.12.2019
Two members of Romanian hacker gang Bayrob Group were sentenced to two decades in prison after their malware mined crypto on 400,000 infected computers
Ethereum Developer Facing up to 20 Years in Prison Gets Top Lawyer
3.12.2019
36-year old Ethereum (ETH) developer Virgil Griffith, who's facing up to 20 years in prison for allegedly helping North Korea avoid sanctions, is now represented by Brian Klein, high-stakes trial attorney and partner at Los Angeles-Based law firm Baker Marquart.
Brian Klein. "I now represent...
Brooklyn ICO Promoter Sentenced to 18 Months in Federal Prison
18.11.2019
The fraudster used diamonds and real estate to whisk away $300,000 in other people's money in 2017
South Korean Exchange CEO Sentenced to 16 Years in Prison
13.11.2019
A South Korean district court has sentenced executives of a local crypto exchange to prison. The CEO of the exchange got a 16-year jail sentence while other executives and their accomplices got between six and 11 years. They duped thousands of investors, promising them up to 200% return within...