FBI Probes Iced Tea Turned Blockchain Company For Insider Trading

Crime, News | July 26, 2019 By:

Long Blockchain, the iced-tea company that pivoted to blockchain in 2017, is being investigated by the US Federal Bureau of Investigation (FBI) for evidence of insider trading and securities fraud.

In December 2017, Long Blockchain changed its name from Long Island Iced Tea (LTEA) as part of a corporate shift towards “exploration of and investment in opportunities that leverage the benefits of blockchain technology.” The company’s share price exploded by over 400% in a single day,

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Bitcoin Allegedly Used to Fund ISIS

Crime, News | December 15, 2017 By:

A New York woman allegedly laundered more than $85,000 USD through bitcoin and other cryptocurrencies to support the Islamic State group.

Zoobia Shahnaz, a 27-year-old hospital technician, was charged with bank fraud, conspiracy to commit money laundering and three counts of money laundering.

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