Ilya Lichtenstein Sentenced to 5 Years in Prison for Role in Bitfinex Hack
Ilya Lichtenstein, a 35-year-old programmer, was sentenced to five years in prison for his part in laundering Bitcoin stolen from...
darknet markets
FinCEN Proposes Insane Special Measures
Yesterday’s FinCEN rule proposal is incredibly overbroad, comprehensive, and perfectly designed to allow arbitrary information collection at any scope they...
Russian Ransomware Projects Rebranded to Avoid Western Sanctions: Report
Blockchain intelligence company TRM Labs revealed that some major Russian-linked ransomware syndicates rebranded their activities in 2022 to avoid sanctions...
Now That Bitcoin Is Considered Property In The UK, Reclaiming Ransomed Assets Sent To Exchanges Is Much Easier
While bitcoin itself is difficult to confiscate or censor, U.K. courts have labeled bitcoin as property which aids in recovery...
In First Interview Since Arrest, Silk Road Founder Ross Ulbricht Appeals To Bitcoin Users
Ross Ulbricht, founder of infamous bitcoin-based darknet marketplace Silk Road, called Bitcoin Magazine from prison to appeal for freedom.Speaking publicly...
Bitfinex hacker will need 114 years to launder $7 billion worth of stolen Bitcoin
Only 4% of nearly 120,000 Bitcoin (around $7 billion today) stolen by a hacker from crypto exchange Bitfinex in 2016...
Darknet Markets Face Headwinds After Year of Mixed Results
Darknet markets are falling off the radar and watching their customer base level off.
Exit scams and regulations disrupt global darknet markets
Recent exit scams have displaced the users of darknet markets, with Eastern European-only platform Hydra now the largest worldwide.
Maintaining Transaction Privacy in the Age of Government Blockchain Analysis
On January 17, 2020, British tax collection department Her Majesty’s Revenue and Customs (HMRC) published an open contract seeking bid...
Chainalysis: Most Mixed Bitcoin Not Used for Illicit Purposes
If blockchain analysis firm Chainalysis is right, only a small fraction of coins sent to and from bitcoin mixers are...
