Robinhood Buys Back SBF’s Stake from US Government
Robinhood, a cryptocurrency and stock trading platform, has announced the acquisition of more than 55 million shares of the company previously held by Sam Bankman-Fried (SBF) for $606M. According to a blog post published on August 31, Robinhood acquired 55,273,469 shares for approximately $606 million after filing with the United States Securities and Exchange Commission. […]
FTX Scammers pretend to be US State Department
Scammers are using the opportunity to take advantage of the collapsed exchange, FTX victims by posing as government officials. Scammers are leveraging the opportunity presented by users’ desire for the restoration of lost funds caused by the FTX crash to prey on already vulnerable victims by acting as government representatives. The Oregon Division of Financial […]
Chinese Intelligence Tried to Bribe U.S. Official With Bitcoin
The spies, who seem to have used Wasabi Wallet, set up an FBI double agent without knowing it. Two Chinese intelligence officers are being charged with obstructing justice by the U.S. Department of Justice. They are said to have tried to bribe a U.S. government worker with $61,000 in Bitcoin to steal documents related to […]
US government hires Anchorage Digital to handle seized crypto
The US government has recruited the services of a cryptocurrency custodian company Anchorage Digital to handle the digital assets taken from criminals. The United States Marshals Service (USMS), a branch of the US Department of Justice (DOJ) , has picked cryptocurrency custodian Anchorage Digital to store crypto assets confiscated by law enforcement organizations, according to […]
US government offers up to $10M in bounty for assistance on cyber attacks
The US Department of State has taken the issue of cyber and ransomware attacks seriously. The government has taken a new decision that may reward useful information about such attacks with cryptocurrency. According to a Bloomberg article published on Thursday, the Biden administration plans to step up efforts to track bitcoin transfers, especially in the […]