Auto Added by WPeMatico

Thumbs Down: Instagram Influencer Scams Followers Out Of Millions In Bitcoin

By the way of network effect, each new market cycle brings more and more attention to Bitcoin. The price per coin rises as more investors pile in looking for a piece of the profits the cryptocurrency is known for providing over the years. At the same time, however, it also attracts more criminals, scammers, and crooks to the cryptocurrency space. The scammers aren’t always hidden behind fake accounts, or are cyber hackers on the other side of the planet. In fact, some are brazen enough to scam their own followers on social media. A developing story involving millions in stolen…

Continue Reading Thumbs Down: Instagram Influencer Scams Followers Out Of Millions In Bitcoin

Egor Kriuchkov Charged in $1 Million Bitcoin-Computer Crime

Another instance of bitcoin crime is in the books. This time, the culprit is potentially a Russian man named Egor Igorevich Kriuchkov who sought to pay the employee of a Nevada-based company $1 million in bitcoin to install malware onto the company’s network. Kriuchkov Is Currently Being Held to Await Trial Kriuchkov entered the United States on a tourist visa and through a Russian passport. He initially met with the employee of the company several times before initiating the plan, according to a statement issued by the Department of Justice. The organization explains: Kriuchkov promised to pay the employee $1…

Continue Reading Egor Kriuchkov Charged in $1 Million Bitcoin-Computer Crime

End of content

No more pages to load