Search Results for: ICT

JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected

JPMorgan predicts that equities could rally 47% from here, after its 40% rebound from its lows in March, hinting at a possible Bitcoin bull run. Strategists at JPMorgan recently suggested that Bitcoin successfully passed its “first stress test” during March’s global economic turmoil.  Bitcoin bull and CEO of an investment firm Dan Tapiero presented a … Continue reading JPMorgan and CNBC Jim Cramer Predict S&P 500 to Rally to New Highs, Bullish Bitcoin Trend to be Expected

Bitcoins Used in Facebook Scheme to Scam Suicidal Victims Into Buying Drugs

A cybercriminal ring operation has been inciting Facebook users to employ Bitcoin and other cryptocurrencies, in exchange for drugs. This investigative report from the UK depicts the strategic techniques used to track down the unknown villains operating behind this devious scheme.  Drugs in Exchange for Bitcoins and Crypto  Officials who posed as a Facebook user communicated with the drug dealer by asking … Continue reading Bitcoins Used in Facebook Scheme to Scam Suicidal Victims Into Buying Drugs

AML BitCoin Lobbyist Abramoff to Pay $55K in Convicted Guilt Plea for ICO Fraud

In the civil case filed against Jack Abramoff for his role in the 2018 Initial Coin Offering (ICO) scandal, the AML BitCoin lobbyist is expected to pay $55,000 in disgorgement and interest for his conspiracy in fraud. During the 2018 ICO marketing campaign, Abramoff and founder of AML BitCoin Marcus Andrade were reported to have provided misleading information concerning their prized token, in an attempt to obtain crypto funds from interested sponsors.  In … Continue reading AML BitCoin Lobbyist Abramoff to Pay $55K in Convicted Guilt Plea for ICO Fraud

CipherTrace Unveils Crypto Predictive Risk Model to Combat Suspicious Transactions in Wake of Twitter Scam

CipherTrace, a cryptocurrency intelligence company, has introduced a predictive risk-scoring model to instantly avert money laundering of cryptocurrencies from ransomware attacks and theft. This model will enable crypto exchanges, hedge funds, OTC desks, ATMs, financial investigators, payment processors, and custody solutions to flag down suspicious transactions based on the predictive analysis scores generated.    Mitigating … Continue reading CipherTrace Unveils Crypto Predictive Risk Model to Combat Suspicious Transactions in Wake of Twitter Scam

PlexCoin Founder Indicted by US Grand Jury for 2017 ICO Securities Fraud

A United States grand jury indictment has been delivered to Plexcoin founder, Dominic Lacroix, as well as Yan Ouellet and Sabrina Paradis-Royer for securities and wire fraud, according to the DOJ. The United States Department of Justice (DOJ) announced recently that a Cleveland grand jury has delivered a five-count indictment in the PlexCoin initial coin … Continue reading PlexCoin Founder Indicted by US Grand Jury for 2017 ICO Securities Fraud

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks

Europol, European Union’s law enforcement agency, has put together an anti-ransomware initiative that has managed to intercept $630 million dollars and more in ransomware demands, since 2016.   “No More Ransom” Demands  The free scheme that they created, dubbed “No More Ransom,” is a decryption tool repository that helps victims combat cryptocurrency theft and ransomware attacks.   … Continue reading Europol Empowers Victims with Tools to Fend Off Ransomware Attacks

Bitcoin Price Bull Run Will Hit All Time High in 2020, Predicts Billionaire Bitcoin Investor

Bitcoin’s price is heading to $20,000 by the end of 2020 according to billionaire cryptocurrency investor Michael Novagratz, CEO, of Galaxy Digital. The Bitcoin price appears to finally be making its bull run after months of inaction, and briefly reached a new price high for 2020 when it peaked over $11,400 on Monday before a … Continue reading Bitcoin Price Bull Run Will Hit All Time High in 2020, Predicts Billionaire Bitcoin Investor

Russia Restricts Anonymous Cash Deposits to Online Wallets

The Russian Government has put strict limits on anonymous deposits made to online wallets. While it is not a complete ban, the initiative by lawmakers is promoted as a step to deter illegal activity such as money laundering and illicit drug transactions and could affect up to 10 million users. The Russian Federation is imposing … Continue reading Russia Restricts Anonymous Cash Deposits to Online Wallets

Litecoin Confirms MimbleWimble Test Network Set Later This Year, LTC Price Predictions are High

Litecoin’s core developer, David Burkett confirmed that the test network for MimbleWimble’s implementation is set for September this year. Litecoin features faster transaction verification times and improved storage efficiency compared to Bitcoin.  Litecoin is taking a step further towards implementing the MimbleWimble on the network, and  Burkett noted that “confidence is returning to the space … Continue reading Litecoin Confirms MimbleWimble Test Network Set Later This Year, LTC Price Predictions are High

Bitcoin Sex Scam Claims Another Victim and Generates $115,000 BTC

As Bitcoin is surging in popularity and value, fraudulent cybercrimes revolving around the cryptocurrency are also on the rise. Recently, a Bitcoin sex scam that has been running since 2015 accumulated fraudulent funds of approximately $115,000 before being detected. In order to line their Bitcoin crypto wallets, Bitcoin cyber scammers operated by falsely declaring to … Continue reading Bitcoin Sex Scam Claims Another Victim and Generates $115,000 BTC

Exit mobile version