“Don’t want to pay taxes? Use Monero, use a distributed exchange, live a happy life.” So said crypto enthusiast, privacy coin advocate and semi-presidential candidate John MacAfee in an interview with Modern Consensus in February. It turns out he should have added, keep a low profile. Or at least lower than a tongue-in-cheek presidential campaign.
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DoJ seizes gaming, real estate tokens from $250M North Korean hack
Along with bitcoin and ether, the U.S. Department of Justice found PlayGame and IHT Real Estate Protocol tokens among a cache seized from the pariah regime’s cyberwarfare thieves
The $272,000 seized was not a very large part of the amount seized, but it shows that the militarized hackers working for the Democratic People’s Republic of Korea are not too choosey about what they will pillage. The case involves hacks on at least 10 exchanges.
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Three charged in BitClub Network’s alleged $722 million bitcoin Ponzi scheme
Three men are accused of using the BitClub Network cryptocurrency mining pool to defraud investors, referring to them as ‘sheep’ and ‘idiots’
A Ponzi scheme that stole $722 million from investors in a fraudulent cryptocurrency mining pool has been broken up by FBI and IRS agents, according a federal indictment. BitClub Network promised investors around the world shares in the earnings of a major non-existent bitcoin mining pool.
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RECoin, Diamond ICO scammer Maksim Zaslavskiy jailed 18 months
Prosecution of the RECoin and Diamond initial coin offering set precedent defining cryptocurrencies as securities
Maksim Zaslavskiy was sentenced to 18 months in prison on November 18 for conspiracy to commit securities fraud in the RECoin and Diamond initial coin offerings.
