Government employee accused of mining crypto at public’s expense
The New York county clerk office employee allegedly used over 40 devices to mine crypto unlawfully. An information technology operations supervisor at the Suffolk County clerk’s office in New York, Christopher Naples allegedly harnessed his position to place crypto mining equipment in various spots at the Riverhead Center in the New York county in which he worked. Naples allegedly set up 46 devices for crypto mining, “in locations like an unused electrical wall panel or underneath floorboards,” according to a statement posted on AP News on Wednesday. Crypto mining can be an expensive....
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The U.S. has charged two Chinese intelligence officers in a scheme to bribe a U.S. government employee to steal “secret” documents relating to the prosecution of a company in China. The defendants paid the government employee, who is actually a double agent, approximately $61,000 in bitcoin for stealing the information, according to the U.S. Department of Justice (DOJ). Alleged Chinese Spies Charged in Scheme to Steal Secret Documents The U.S. Department of Justice (DOJ) announced the unsealing of a criminal complaint Monday charging two Chinese intelligence officers in a....
A U.S. government employee has been arrested on espionage-related charges after he attempted to sell restricted data on the design of nuclear-powered warships to a foreign government. The federal employee asked to be paid in monero cryptocurrency. “I am very aware of the risks of blockchain analysis of bitcoin and other cryptocurrencies, and believe monero gives both of us excellent deniability,” he told an undercover FBI agent.
Nuclear Engineer Sells Restricted Data for Monero
The U.S. Department of Justice (DOJ) announced Sunday that an employee of the Department....
An ex-employee of the now-defunct crypto exchange Cryptopia has admitted in court to stealing crypto worth about $170,000. The employee pled guilty to stealing coins and customer data while he worked at Cryptopia when the company was still up and running. A name suppression by the Christchurch district court of New Zealand keeps the employee […]
A new legal advisory notice from the US Office of Government Ethics prohibits any employee who owns cryptocurrency from working on Federal crypto regulation. US government officials who privately own cryptocurrencies are now banned from working on regulations and policies that could affect the value of digital assets.A new advisory notice released by the US Office of Government Ethics (OGE) on Tuesday stated that the de minimis exemption — which allows for the owners of securities who hold an amount below a certain threshold to work on policy related to that security — is universally....
A former employee of the collapsed bitcoin mining company, GAW Miners, is currently under investigation by the Securities and Exchange Commission (SEC) for fraud. Carlos Garza was issued a subpoena by a federal judge in Massachusetts to be forced to respond to these allegations. According to the SEC, millions of dollars were lost in possibly fraudulent sales of bitcoin mining hardware by GAW Miners. Carlos Garza is a former salesman of the company and is the brother of the founder and CEO, Josh Garza. Bitcoin Mining Fraud. Carlos Garza appeared before SEC lawyers in Boston last week for....