CFTC Orders Bitcoin Trader To Pay $1.1M USD For Fraudulent Crypto Scheme

Crime, News | November 13, 2018 By:

An Arizona-based crypto trader has been fined $1.1 million by the US Commodity Futures Trading Commission (CFTC) for stealing cryptocurrencies from his previous employer, Chicago-based trading firm Consolidated Trading.

The CFTC issued an Order filing and settling charges against Joseph Kim for orchestrating a fraudulent cryptocurrency scheme that led to more than $1 million in losses.


Bulgarian Officials Arrested For Selling Fake Passports For Bitcoin

Crime, News | November 6, 2018 By:

Three Bulgarian officials have been arrested for allegedly selling fake passports and European Union citizenship for bitcoins.

Local news outlet Nova reported that Petar Haralampiev, Chief Secretary and the Head of the State Agency for Bulgarians Abroad (SABA), General Secretary Krasimir Tomov, and Mark Stoyov have been detained by Bulgarian police and charged with selling EU passports to more than 30 people a week.


Mobile Phone Phishing Scam Tied To iPhone Messages

Crime, Education | October 27, 2018 By:

A new cell phone scam targeted at iPhone users tries to steal theirApple login details by sending a fake Spotify/iTunes email.

The phishing email claims to be from Apple and Spotify. If a user clicks on the link, the email says the user had bought a year of Spotify Premium for $150.99 and links to a page to “review your subscription.” A fake Apple landing page – which looks like a real one –