Today in Gox: Police on the Case, More Coin Rumors
Mt. Gox rose again today to announce it is now working with Japanese police to investigate what happened to the bitcoins it lost, misplaced, or had stolen by hackers. The statement, posted on the homepage on letterhead bearing CEO Mark Karpeles' name, said: Following its application for commencement of civil rehabilitation, MtGox Co., Ltd. consulted with the metropolitan police department with regard to the disappearance of bitcoins which is one of the causes for said application. MtGox Co., Ltd. hereby announces that it has submitted necessary electronic records and other related....
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Police in China’s Jiangxi province have reportedly recovered bitcoins stolen from a victim and returned them to the owner. The case involves the theft of 8.236 bitcoins, worth approximately 3 million yuan. Police Return Bitcoin to Theft Victim Police in China’s Jiangxi province have reportedly solved a case involving the theft of bitcoins worth almost 3 million yuan ($466,000), local media reported this week. A man, referred to only by his last name Shan, filed a police report stating that he was unable to access his email account linked to his cryptocurrency wallet after....
Polish police have uncovered a secret crypto mining operation at their headquarters in Warsaw, local media reported. An IT specialist accused of minting digital coins on police computers has been dismissed and the case has been handed over to the Prosecutor’s Office. Polish Police Force Fires IT Specialist for Crypto Mining at Work Officers from the Polish National Police have found what local media described as a crypto mining farm at the Policja headquarters in Warsaw. The mining operation was allegedly organized by an IT technician, a civilian employee of the law enforcement....
Insolvency rumors regarding Coinbase, the largest US-based crypto exchange, going insolvent are currently circulating in the virtual stratosphere. Are they true? It’s not clear yet. What is clear though is that rumors like these are not good to the overall health of the broader crypto market. What the crypto space needs today is news like new companies launching, hiring […]
A 36-year-old man from Kerala was arrested under charges of cryptocurrency fraud. District police have arrested a 36-year-old man from the Malappuram district of the south Indian state of Kerala on charges of operating a cryptocurrency scam.Nishad has been charged under the Prize Chits and Money Circulation Schemes (Banning) Act by the district police chief U Abdul Karim.A team led by police inspector P Vishnu seized several documents from Nishad’s house and alleged that he has duped thousands of people from across India of hundreds of thousands of dollars. Nishad, who is also the managing....
A suburban Chicago Police Department recently paid a $500 worth Bitcoin ransom to retrieve their malware-hit data from an unidentified hacker. Somewhere in January, Midlothian police reported to have been attacked by cryptoware - a trojan that encrypts data of the target's computer and seeks ransom for its retrieval from online criminals. Reportedly, the hacker in this case had encrypted specific confidential files on the police's computer, though he never got to access them. According to Calvin Harder Jr., a local IT expert at Midlothian, someone from the police department accidentally....