San Luis Obispo County Sheriff’s detectives in California, United States, have recovered nearly $5,000 of the $17,000 stolen in a cryptocurrency scam targeting victims in Los Osos two years ago. On Sept. 12, 2022, the victims informed authorities that they were deceived by a scammer posing as a relative in legal trouble, leading them to […] Source: https://news.bitcoin.com/two-year-investigation-yields-partial-recovery-in-crypto-scam/
Regina never thought she’d be writing about games again, let alone Web3 games. But she was given the opportunity to lead a new recurring Web3 gaming segment. She is live streaming her adventure For her first game, Regina became fully immersed in the world of Spellborne — a Web3 game that has reignited her love […] Source: https://news.bitcoin.com/reginas-web3-gaming-odyssey-my-first-web3-quest/
The UK’s crypto community has a reason for optimism with the new Labour government, according to Harry Horsfall. Backed by a large parliamentary majority, the Labour government is seen as potentially more decisive in pushing policies favourable to the Web3 industry. Horsfall, CEO of Flight3, which will host the Zebu Live Conference in October, also […] Source: https://news.bitcoin.com/web3-innovator-uk-crypto-community-sees-brighter-future-under-labour-government/
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD. Source: https://cointelegraph.com/news/norway-town-hadsel-bitcoin-mining-noise-electricity-costs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 years in prison, while his accomplice was sentenced to 20 years. “The victims were held at gunpoint in their home,” the DOJ stated, adding that […] Source: https://news.bitcoin.com/us-sentences-12-in-3-5-million-cryptocurrency-heist-involving-violent-home-invasions/
A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over $550,000. The Department of Justice emphasized that taxpayers must accurately report crypto transactions to the IRS. The bitcoin investor now faces up to three years […] Source: https://news.bitcoin.com/bitcoin-investor-faces-prison-time-for-underreporting-crypto-gains/
Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re paving the way towards real-world solutions that will enable our members to access and transact with regulated digital assets and […] Source: https://news.bitcoin.com/swift-unveils-plan-to-integrate-digital-assets-and-currencies-into-global-payment-network/
Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much gold and bitcoin you own, pointing to the $35 trillion U.S. debt as the real issue. Cautioning that the bond market is crashing, Kiyosaki opined: […] Source: https://news.bitcoin.com/robert-kiyosaki-advises-investing-in-bitcoin-as-us-dollar-becomes-trash/
Caroline Ellison’s lawyers say she “poses no threat to public safety” and Bitcoin ETFs attractive to hackers due to the “potential payout.” Source: https://cointelegraph.com/magazine/spot-bitcoin-etfs-hackers-risk-caroline-ellison-ftx-prison-hodlers-digest/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are reportedly exploiting the anonymity of cryptocurrency transactions to steal from seniors through bitcoin ATMs. The senators urged companies to implement stronger measures to combat the […] Source: https://news.bitcoin.com/lawmakers-call-on-top-10-bitcoin-atm-firms-to-address-crypto-fraud-concerns/
