Theft

French Businessman Detained for Stealing €1.2 Million in Crypto From His Partners

An investigation launched on the request of a French startup has led to the indictment of a 37-year-old entrepreneur accused of stealing 182 BTC from the company he cofounded. Embezzlement of money is one the charges brought against him by the public prosecutor’s office in Paris. Also read: Russia’s Supreme Court Recognizes Tokens as Assets...
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VeChain Loses 1M Coins from Compromised Buyback Wallet 

The VeChain (VET) buyback program, which boosted the token price, was shaken by a recently discovered loss from the central wallet. The most probable cause was an insider gaining access to the wallet’s private keys, or a human error leading to an exploit. Insider Procedure Flaws Led to Theft VeChain reported 1 million coins lost...
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What is BitcoinAbuse?

The association between Bitcoin and criminal activity cannot be ignored. Criminals favor cryptocurrency due to its wrongfully perceived anonymity. Thankfully, numerous services try to address that situation. BitcoinAbuse is a very intriguing and noteworthy service in this regard. Although it largely depends on community participation, no stone should be left unturned.  BitcoinAbuse in a Nutshell...
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Criminals Steal Over $4bn in Bitcoin During First Half of 2019

Criminals are still drawn to Bitcoin. The world’s leading cryptocurrency lacks anonymity and privacy. Even so, it is often used as a tool to hide monetary transactions. The first six months of 2019 have been rather telling in this regard. Over $4bn worth of Bitcoin has been stolen from investors during this period alone.  Criminals...
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Bitcoin ATM Scooped Up from Mall by Two Thieves

Earlier this month, in a mall in Lynnwood, Washington, two men went in and stole a Bitcoin ATM. According to security footage, the alleged thieves went into the mall, but as it turns out not for a shopping spree. After the stores closed at 9 p.m., but the mall was still open, the men came...
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