Bitcoin Exchange Executive Kidnapped in Ukraine

Crime, News | December 29, 2017 By:

Pavel Lerner, the head of Analytics and Trading for UK-based bitcoin exchange EXMO, has reportedly been kidnapped in Ukraine.

According to local media reports, 40-year-old Lerner was kidnapped while leaving his office in Kiev’s Obolon district on December 26. He was dragged into a car by force and taken away to an unknown destination.


Bitcoin Dispute Dismissed By Singapore International Commercial Court

Crime, Investing, News | December 29, 2017 By:

Singapore’s first cryptocurrency-related legal dispute has been dismissed by the Singapore International Commercial Court (SICC). The legal dispute is between UK-based cryptocurrency liquidity provider B2C2 and Tokyo-based cryptocurrency exchange operator Quoine.

B2C2 sued Quoine in July of this year for allegedly wrongfully reversing transactions.


Mavro Cryptocurrency To Be Relaunched By Convicted Swindler Sergey Mavrodi

Announcements, Blockchain, Crime, News | December 26, 2017 By:

Infamous Russian investor and swindler Sergey Mavrodi has announced that he is relaunching his Mavro cryptocurrency on the ethereum blockchain, scheduled for December 29.

Mavrodi said he is offering to replace “outdated” cryptocurrency with his own coin. According to its website, Mavro is a conventional unit for measurement of provided help to other participants in MMM.


FINRA Warns Investors About Cryptocurrency Stock Scams

Announcements, Crime, News | December 22, 2017 By:

The Financial Industry Regulatory Authority (FINRA) has warned investors about cryptocurrency-related stock scams.

FINRA is the single largest independent regulatory body for securities firms operating in the United States. FINRA resulted from the merger of the New York Stock Exchange’s regulatory committee and the National Association of Securities Dealers.


Bitcoin Investment Firm USI-Tech Receives Cease And Desist Order

Announcements, Crime, News | December 22, 2017 By:

Texas Securities Commissioner Travis J. Iles has issued an emergency cease-and-desist order against USI-Tech Limited, a Dubai-based firm that is promising low-risk, triple-digit returns from investments tied to bitcoin mining.

Calling itself a technology company, USI-Tech claims to specialize in developing hi-tech automated trading software for the forex and bitcoin market.


Blockchain ID For Mobile Bypasses Phone Operating Systems

Blockchain, Crime, FinTech, Innovation, News | December 21, 2017 By:

Rivetz Corp. is a provider of decentralized mobile security solutions. It is working on a hardware-based cybersecurity method for digital identities in partnership with Agrello, which offers blockchain-based legal technology and digital identity services. That includes cryptographically secure digital identities that users employ to identify themselves anywhere online.