US Federal Authorities Arrest Man for Selling 9.99 Bitcoin (

If you are thinking about selling bitcoin for cash inside the Unites States to people you don’t know, caution is advised. A reminder to stay alert for undercover government agents who might try to entrap you has been served by a recent California case.
Also Read: Cryptocurrency Regulator Found Dead at His Home in South Korea


Romania Police Arrest a Darknet Ransomware Gang of Five (

Romanian police made their first ransomware related arrest in five years. According to Europol, the Romanian police responded to the call of rampant ransomware attacks and sales of hacked data on the Darknet, to go all out to arrest a gang of five.
The gangs were suspected to have launched a series of cyber attacks across Europe infecting computers and holding sensitive data captive. The police, therefore, embarked on a search of their homes, through…


TIL that the FBI seized 144,000 bitcoins from Ross Ulbricht (silk road guy) in 2013 following his arrest and conviction. They were valued at close to $28.5million at the time of seizure. They’re now worth $1.9billion.

submitted by /u/HumbleHumanz
[link] [comments]
Bitcoin – The Currency of the Internet

Napoli Group Counterfeit Vendor Sentenced to House Arrest (

Carmine Guerriero, one of the main actors associated with the international counterfeiting ring known as the “Napoli Group,” received a five year sentence for his role in the crime syndicate’s activities. For the widespread distribution of hundreds of thousands of counterfeit Euros, Guerriero will spend five years under house arrest.
The Guardia di Finanza arrested Guerriero in December 2016. More than a year prior to the arrest,…