• Iran U.S.
    Bitcoin,  United States

    US sanctions Iranian Bitcoin addresses

    An account that could have held $120 million now has just $3.27

    The U.S. Department of the Treasury took the historic step of adding two Bitcoin addresses to its list of sanctioned parties against two Iran-based individuals—Ali Khorashadizadeh and Mohammad Ghorbaniyan. Their bitcoin addresses, associated with the SamSam ransomware scheme, were key as they targeted over 200 known victims in the U.S., Canada, and the U.K. But what’s striking is how much money they managed to make. Through the magic of the blockchain, we can see every single transaction they’ve ever done in the two seized wallets. Some quick forensics don’t show any major withdrawals, like the kind you would see if the Feds emptied a bank account into an evidence bag.…

  • newspaper
    Asia & Australia,  Bitcoin,  Ethereum,  Media,  Politics

    Must-reads for September 5, 2018: Goldman backs off crypto trading, Iran welcomes mining while Washington not so much, and more!

    Here are the crypto stories you should be watching today

    Goldman Sachs is ditching near-term plans to open a bitcoin trading desk, instead focusing on a key business for driving Wall Street investment in crypto (Business Insider) If you’re wondering why cryptos took a hit Wednesday, this is it. Remember all the hype about Goldman Sachs trading Bitcoin from HODL Bros and your brother’s friend who just seems a little off? You know what I’m talking about. “Goldman’s going to be trading it, bro! It’s going to the moon!” Yeah, well, it doesn’t look like that’s going to happen any time soon. “The bank is ditching plans to open a desk for trading cryptocurrencies in the foreseeable future, according to…