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Miami IT Worker Arrested in $1.9 Million Bitcoin Theft from Former Boss

A Miami man is facing multiple felony charges after allegedly stealing nearly $2 million in bitcoin from a former employer, with the theft going unnoticed for years as the funds remained locked in a safe.

Casa Launches Four Security Features to Combat Rising Social Engineering Attacks on Bitcoin Holders

Bitcoin security firm Casa has released a suite of four features targeting social engineering, the attack vector responsible for the bulk of crypto theft...

Till Death or Seed Phrase: Woman Accused of Spying on Husband, Stealing $172 Million in Bitcoin

A UK woman is accused of spying on her husband and stealing $172 million in Bitcoin from his hardware wallet.

U.S. Federal Contractor’s Son Arrested in $46 Million Theft of Seized Government Crypto

John Daghita, a U.S. government contractor accused of stealing more than $46 million in crypto from the U.S., was arrested last night.

US Government Investigating Alleged $40 Million Crypto Theft by Federal Contractor’s Son

U.S. government officials said they are investigating allegations that tens of millions of dollars in crypto seized by law enforcement were stolen through insider access.

22-Year-Old Pleads Guilty in $263 Million Bitcoin and Crypto Theft

Evan Tangeman, 22, pleaded guilty to laundering $3.5 million for a multi-state social engineering and crypto scheme that stole 4,100 Bitcoin worth $263 million at the time.

Bitcoin Crime: Home Invasion, Sexual Assault, and $1.6 Million Theft Results in 7-Year Sentence

A Hong Kong man was sentenced to seven years in Canada for participating in a violent, sexually abusive home invasion that stole $1.6 million in Bitcoin from a British Columbia family.

13 Arrested for Stealing $3 Million of Electricity to Mine BTC in China

The power authority of Zhenjiang noticed an unusual spike in electricity consumption and abnormal line loss in some factories, and reported them to the local police.

Crypto Hacks Are on Track to Eclipse $1 Billion in Lost Funds This Year

Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts.

Citing Executive Embezzlement, Korean Crypto Exchange Declares Bankruptcy

The company had reportedly lost $26 million as a result of theft and the subsequent bankruptcy declaration. Coinbin’s CEO Park Chan-kyu claims that the move was “due to a rise in debt following an employee’s embezzlement.”
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