• FBI Director Christopher Wray testifying before the U.S. Senate discussing Bitcoin on November 7, 2019 (screenshot via C-SPAN).
    United States

    FBI director passes on calling for cryptocurrency tracking law

    Christopher Wray avoided Mitt Romney’s question about tracking Bitcoin, turning instead to the need for messaging service ‘back doors’

    FBI Director Christopher Wray declined to swing at a gentle pitch over the plate for more regulation of cryptocurrency anonymity at a recent Senate Homeland Security hearing.

  • Russian spy Maria Butina (via Wiki commons)
    Innovators

    Patrick Byrne overstocks on Russian agent, resigns

    Overstock.com CEO bows out after placing himself at the center of a scandal involving a Russian agent and election interference

    Take one sultry Russian agent, a middle-aged tech CEO nearly twice her age, and add in the FBI, Hillary Clinton, allegations of election interference, and vague comments about the “deep state” and “Men in Black,” and you’ve got the makings of Netflix’s next hot series. Or, the reason the CEO of Overstock.com resigned on August 22 from the dot-com company he built into a major online retailer.

  • TFW the company you're doing business with gets involved with human rights abusers (via Shutterstock).
    Technology

    Coinbase parts ways with controversial Neutrino founders

    The blockchain surveillance and compliance firm’s founders were part of the infamous spyware company Hacking Team

    Less than two weeks after announcing its acquisition of blockchain surveillance and compliance firm Neutrino, leading cryptocurrency exchange Coinbase has parted ways with the firm’s controversial founders.

  • FBI
    Alt coins,  Cryptocurrencies,  Media,  People

    Victim of $2 million livestreamed theft claims FBI involvement, responds to allegations

    Ian Balina seems to be having a rough week and some are now making big accusations

    We love a good heist story. But there’s a big difference between the Icelandic heist where $2 million in mining rigs were stolen and the story from Monday where a single crypto YouTuber named Ian Balina lost $2 million to hackers. “I’ll be ready to talk when the criminal has been arrested,” he told Modern Consensus Tuesday. “We have identified who did it and this is a lot bigger than me. Other big names in crypto have been hacked by this criminal. Currently working with FBI, that’s all that I can say.” A representative from the FBI field office in New York City could not confirm they were investigating the…