Tag Archives: Million

Still Reeling From $54 Million Bitcoin Hack, Binance Sues Sequoia Capital

Binance CEO Changpeng Zhao — who is still reeling after a $54 million bitcoin hack — is suing Sequoia Capital China, a unit of California-based venture capital firm Sequoia Capital. Continue reading Still Reeling From $54 Million Bitcoin Hack, Binance Sues Sequoia Capital

Europol Ends Cryptocurrency Mixer Behind $200 Million Bitcoin Laundering Scheme

The Dutch Fiscal Information and Investigation Service (FIOD) has taken down a cryptocurrency-mixing service, BestMixer.io, in a crackdown involving Europol and Luxembourg authorities. Continue reading Europol Ends Cryptocurrency Mixer Behind $200 Million Bitcoin Laundering Scheme

Disgusting Bitcoin Scam Swipes $1.6 Million from Jersey Victim’s Life Savings

A man from the English channel island of Jersey just wanted to buy bitcoin. In actuality, the unfortunate victim gave away an eye-popping $1.6 million in life savings to crypto scammers. The Jersey Evening Post reports the thieves promised the victim 1,500% returns on his investments. Continue reading Disgusting Bitcoin Scam Swipes $1.6 Million from Jersey Victim’s Life Savings

$850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy

ShapeShift CEO Erik Voorhees made a valid observation on Twitter today, pointing out that there’s some degree of irony in the charges potentially facing embattled Bitcoin exchange Bitfinex: Tether had the cash reserves, despite wide speculation that the company had issued far more crypto tokens than it could settle. Continue reading $850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy