IRS Seizes Another Silk Road Hacker’s $3.36 Billion Bitcoin Stash
A year after a billion-dollar seizure of the dark web market’s crypto, the same agency found a giant trove hidden under a different hacker’s floorboards. Powered by...
Twitter’s Ex-Election Chief Is Worried About the US Midterms
Edward Perez says that “manufactured chaos” by bad actors will be even riskier thanks to Elon Musk’s own mayhem. Powered by WPeMatico
Publicly Listed Bitcoin Miner Core Scientific Publishes Update After SEC Filing That Mentions ‘Restructuring’
On Nov. 7, 2022, the bitcoin mining firm Core Scientific released the company’s October update after the company’s Form 8-K U.S. Securities and Exchange Commission (SEC) filing on Oct. 26, 2022. The filing noted that the company was in the process of exploring “restructuring its existing capital structure.” The update published on Monday indicates that Core Scientific sold 2,285 bitcoins at an average price of $19,639 per bitcoin....
Soros-Backed Argentine Neobank Uala Launches Cryptocurrency Trading Services
Uala, an Argentine neobank backed by George Soros, has launched cryptocurrency trading services for its users in Argentina. Customers of the company with the highest loyalty levels are now able to trade, purchase, and sell bitcoin and ether through Uala’s platform. The service is expected to be expanded to all customers in the coming weeks. Uala Gets Into Crypto On Nov 4, Argentine neobank Uala announced it is already offering...
US Announces ‘Historic $3.36 Billion Cryptocurrency Seizure’ as Silk Road Bitcoin Thief Pleads Guilty
The man who stole over 50,000 bitcoins from the Silk Road marketplace has pleaded guilty. According to the U.S. Department of Justice, “the seizure was then the largest cryptocurrency seizure” in the history of the DOJ and “remains the department’s second-largest financial seizure ever.” Silk Road Exploiter Pleads Guilty The U.S. Department of Justice (DOJ) announced Monday that James Zhong pleaded guilty on Friday “to committing wire...
