Promising investors cheap Bitcoin mining machines, the man disappeared before delivering any of the promised goods. A man in Eastern China has exploited the booming interest in Bitcoin in China, sparked by the rising bitcoin rates, to defraud over 50 investors out of 100M RMB (approximately $15 M) in just under 3 months, reported Chinese […]Continue Reading
Spanish police arrest 35 members of a criminal gang who committed over 1000 cybercrimes against local and foreign victims. On June 14, in Alicante, Spain, Spanish police forces arrested 35 members of an international criminal ring which allegedly counterfeited bank cards and laundered the money obtained through Bitcoin. According to the allegation made by the […]Continue Reading