Man Pleads Guilty to Stealing Bitcoin ‘Seized’ by US Government
An Ohio man has pleaded guilty to stealing over 712 bitcoin that was “seized” by the U.S. government in another criminal case. He has agreed to forfeit some bitcoin, ether, and dogecoin as part of his plea. “Due to the increase in market prices, the total value of these forfeitable properties exceeds $12 million,” said the U.S. Department of Justice (DOJ). US Man Steals Brother’s ‘Seized’ Bitcoin The U.S. Department of Justice (DOJ)...
SBF Fights for Robinhood Shares — Says He Needs Them More Than FTX Customers Who Only Suffer ‘Possibility of Economic Loss’
Disgraced FTX founder Sam Bankman-Fried (SBF) is attempting to regain access to his Robinhood shares, worth over $460 million. The former CEO of the collapsed crypto exchange claimed that he needs them to “pay for his criminal defense,” stressing that without them the consequences would be serious and “irreparable.” FTX customers, on the other hand, “face only the possibility of economic loss,” SBF’s court filing states. Disputes Over...
Report: Nigeria to Stop Cash Withdrawals From Government Accounts
From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials that want to be exempted from this new regulation will have to obtain a waiver from the Nigerian Presidency. Government Workers Vulnerable to Money Laundering Nigerian government workers will be prohibited from drawing cash from...
Belarus Legalizes Piracy of Movies, Music & Software of ‘Unfriendly’ Nations
In 1994, a new Belarusian constitution led to a democratic presidential election from which Alexander Lukashenko emerged as the country’s leader. Lukashenko remains in power today due to a series of landslide election ‘victories’, a similar result in a referendum to remove presidential term limits, and the support of Russian leader Vladimir Putin. In 2021, Lukashenko ordered the hijacking of Ryanair Flight 4978. The United States...
Spammers Exploit IMDb to Promote Fishy Movie Piracy Sites
The Internet Movie Database (IMDb) is one of the oldest online repositories to cement its place in Internet history. The service actually predates the world wide web and was initially launched as the Usenet group “rec.arts.movies”. Three years later, it moved to the web in the form of the now widely known IMDb.com. Ever since, the site has served multiple generations of video fanatics. Today, it is owned by Amazon and despite the many...
