EU IP Office: Pirates Are Accepting Bitcoin to Hide Criminal Proceeds
In a newly released report, the European Union Intellectual Property Office (EUIPO) has analyzed certain websites or ‘business models’ that infringe on intellectual property rights, some of which that relies on bitcoin and TOR. The EUIPO, the authority that manages the EU trade mark and works alongside the IP offices of other EU member commissioned a research study on business models that actively infringe on intellectual property rights (IPR). The study [PDF], commissioned in 2015 and released recently, highlights several methods and practices through which pirates and pirate-friendly....
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Spanish police have seized six bitcoin mines that were allegedly in use by a criminal network involved in the illegal distribution of pay-TV channels in Spain. A joint investigation by the Spanish National Police and Tax Authorities with the support of Europol and local German police saw the crackdown of a criminal network making proceeds from the illegal distribution of pay-TV channels in Spain, Reuters reported. The bitcoin mines were put together to launder the proceeds of the illegal pay-TV distribution scheme, allegedly. Spanish police also revealed that the mining operation was....