Tag: arrest

CoinNest CEO Arrested on Suspicion of Stealing Customer Funds

South Korea is one of the places where cryptocurrency is booming. Even so, there are still a few risks associated with the people providing access to this new form of money. Users of the CoinNest exchange should be quite concerned right now, as the company’s CEO was arrested on suspicion of embezzlement and fraud. CoinNest CEO Runs Into Trouble The alleged connection between cryptocurrency and money laundering still needs solid evidence before …
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Venezuela’s Biggest Bitcoin Exchange Halts Operations

A series of raids and detentions ignited fear and anxiety in the Venezuelan bitcoin community. Yesterday, Surbitcoin – the country’s largest exchange – was forced to halt operations after Banesco, the exchange’s main bank partner, decided to close the company’s accounts. Turmoil brewed inside the local bitcoin community. Several police agencies in Venezuela made a series of raids across the country, the result: 10 citizens detained, and thousands of bitcoin mining …
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Bolivian Police Arrest Man Carrying Over 120 Pounds in Gold And Silver

It is evident that people will go to great lengths when it comes to protecting their financial futures. One US citizen has been detained in Bolivia as he carried over 121 pounds of gold on him during his travel. He also carried a minor amount of cocaine and several pounds of silver coins. Apparently, he took everything of value and converted it into assets that can be used to hedge …
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Ever Heard of an A.I. Bot Being Arrested?

A bot created by Carmen Weisskopf and Domagoj Smoljo was arrested last year by Swiss authorities. The bot, who is being referred to as RDS, or Random Dark net Shopper. The bot journeyed deep into dark net, purchasing and ordering illegal goods on dozens of markets. The bot even went as far as sending items back to the original shipper just to show off. The bot is clearly only doing …
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