$4B OneCoin scam co-founder pleads guilty, faces 60 years jail
The co-founder of the fraudulent scheme is set to be sentenced in April 2023 on charges relating to wire fraud and money laundering.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The co-founder of the fraudulent scheme is set to be sentenced in April 2023 on charges relating to wire fraud and money laundering.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Europol says crypto’s quantum upgrade could take years and urges work to start now
Europol, the EU’s law enforcement agency, is urging the cryptocurrency industry to begin preparing wallet and protocol upgrades fo...
From Zero to $8 Million: Satoshi-Era Bitcoin Awakens After 16 Years
On Oct. 7, Galaxy Research disclosed that it had identified a batch of 100 bitcoin mined in July 2010 that had finally stirred aft...
Glassnode co-founder counts 6.26 million BTC with exposed public keys
Rising exposure of Bitcoin public keys heightens security concerns, especially with quantum computing threats, urging exchanges to...
100 Bitcoin mined in 2010 move for the first time in 16 years
The movement of long-dormant Bitcoin highlights potential shifts in market dynamics and investor strategies, impacting future cryp...
Bitcoin mined for pennies in 2010 moves after 16 years, now worth $8.5 million
The 100 BTC came directly from two mining rewards created during Bitcoin’s “Satoshi era” and had not moved for more than 16 years.
Cybersecurity consultant found guilty of stealing $55M in crypto from Uranium Finance
The conviction highlights the vulnerabilities in DeFi systems and underscores the effectiveness of blockchain forensics in tracing...