Digital Bitcoin Company’s Chairman Arrested on Fraud Charges
It is not the first time Digital Bitcoin Company chairman Ho gets into troubled waters with law enforcement, as he falsely claimed Bitcoin investors wanted to buy cryptocurrency at a premium price. Bitcoin has attracted the attention of law enforcement agencies all over the world in recent years, yet some people still use cryptocurrency as a way to commit fraud. The chairman of Digital Bitcoin Company was arrested on fraud charges and handed over to the Criminal Investigation Bureau of Taiwan. Trouble Looms Over Bitcoin Trader, Things have gone awry for Digital Bitcoin Company earlier....
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In a report coming out of Taiwan, an individual who founded and ran a bitcoin company has been arrested on charges of fraud, breach of trust and document forgery after allegedly causing losses to 49 customers in a month. The chairman of Taipei-based Digital Bitcoin Company, a man identified by his surname Ho has been arrested and handed over to the Prosecutor’s Office in Taiwan, according to a report by local publication Focus Taiwan. Criminal Investigation Bureau (CIB) officials revealed that Ho had swindled NT$10 million (approx. USD $306,500) and caused losses to 49 customers in a....
Former lead maintainer of Monero Riccardo Spagni, aka Fluffypony, has been arrested in the U.S. and is now waiting for his extradition to South Africa where he will stand trial for fraud. Spagni described the case as “an old matter, which I have continuously been trying to resolve since 2011.” Fluffypony Arrested, Waiting for Extradition to South Africa The U.S. government filed a Memorandum of Extradition Law and Request for Detention Pending Extradition Proceedings for Riccardo Paolo Spagni with a district court in Tennessee on July 21. Spagni, also known as Fluffypony, was....
Arrested by the FBI earlier today, 24-year-old Spence also faces civil charges of fraud that look to bar him from future trading. For Jeremy Spence, also known as "Coin Signals," the news just gets worse.The Commodity Futures Trading Commission has unveiled civil fraud charges against Spence for his investment scheme, which allegedly suckered investors out of over $5 million worth of Bitcoin (BTC) based on false or misleading statements.As Cointelegraph reported, the Department of Justice arrested Spence earlier today on charges of wire fraud and commodities fraud that have maximum....
Infamous bitcoin scammer Ryan Kennedy has been arrested on rape charges in the UK; Due for hearing in May on 14 counts of sexual assault. Remember Ryan Kennedy, AKA Alex Green? He’s the former Moolah chief who got arrested in the UK last year on charges of stealing circa $1.8 million worth of bitcoin. Well, he’s back in custody on a different charge altogether. Local media in the UK, specifically the town of Bristol, reported that Kennedy has just been arrested on rape and sexual assault charges. The Bristol Post documented a court appearance that took place on February 1, 2016, at which....
Charlie Shrem, the Vice Chairman of the Bitcoin Foundation and CEO of currently shuttered Bitcoin exchange, BitInstant, has been arrested. Police arrested Shrem at JFK airport in New York yesterday, on charges of money laundering and acting as an unlicensed money transmitter. It is alleged that Shrem sold / laundered Bitcoin in excess of $1 million for users of narcotics bazaar, Silk Road. Robert M. Faiella, a private Bitcoin exchanger known online as BTCKing, was also arrested today at his Florida home. He is facing similar charges. Shrem is facing a maximum sentence of 30 years in....