US state regulator orders fraudulent cryptocurrency out of North Dakota

Financial regulators of North Dakota have ordered a dodgy Russian cryptocurrency company to cease and desist operations in the state, after discovering it had impersonated a bank in Liechtenstein to falsely market an initial coin offering (ICO). In a statement released Monday, state securities chairman Karen Tyler explains how the scammers assumed the identity of Union Bank…

Cryptocurrency-related lawsuits are mooning, up 300% from last year

Here’s an extraordinary fact about the 2018 bear market: business for Bitcoin-lawyers is booming. Forty-five lawsuits involving cryptocurrency were filed in the first half of this year, reports blockchain research unit Diar. That’s triple the amount of all the lawsuits filed last year. This is not the moon we were looking for. Diar emphasizes the US Securities and Exchange…

Hackers infect official Make-A-Wish site with cryptocurrency malware

It seems crypto-jackers have absolutely no ethical standards. After governments, universities, and technology giants, even charitable organizations are finding themselves at the receiving end of cryptocurrency malware. The latest victim is the US-based Make-A-Wish Foundation. Researchers from security firm Trustwave found that one of the foundation’s websites – worldwish.org – was compromised with cryptocurrency malware…