After the robbery, the XRP tokens were then siphoned off to China-based cryptocurrency exchange including other wallets for transfer, conversion, and trading in Bitcoin (BTC). During August 2019, 7NEWS Sydney reported about the crime when Nguyen pleaded guilty. While detailing the skimming, the publication mentioned that Nguyen is the first ... Also read: Industry Report: Bitcoin Fraud Never Works. BITCOIN ROBBERY. A bitcoin buyer has undergone quite a scare after being robbed at knifepoint. 32-year-old Steve Manos of Lake Worth, Florida set out to take part in what he thought was a routine bitcoin sale last Sunday in a nearby parking lot. The thieves, whom Manos had done business ... “So this morning I woke up to my burglary alarm going off. I went downstairs to investigate. Two men broke into my house through the basement window and ran up the stairs. One of them pointed a gun at my head and said “I want yah cash and yah bitcoin’ in a Boston accent. I took him into my office and gave him a couple hundred in twenty-dollar bills. He said he wanted my bitcoin, and so I ... Forex and Market News. Likes ; Followers ; Subscribers ; Followers ; Likes ; Followers ; Subscribers ; Followers ; Subscribers The world was protected from burglary back in stone age as it were. Maybe and, after it’s all said and done the people used to take all what they can from someone else on the grounds that they themselves were not ready to get such substances. Be that as it may, as the world advanced and everything starting today made its stride and stood immovably online with the assistance of web twirling ... Crypto vs. Fiat Crime. When Satoshi Nakamoto developed the world’s flagship cryptocurrency, bitcoin back in 2009, the value of bitcoin was just a fraction of the dollar. At the time, bitcoin was only used by geeks and tech-savvy people. However, as the years went by, bitcoin adoption increased, fueling the rise in the bitcoin price which in turn made it a very attracted prospect for crackers ... In one of the stranger cases, another Philadelphia resident under suspicion of burglary claimed to investigators during his interrogation that he had developed a malware program which steals Bitcoin and was responsible for a $40 million USD Bitcoin heist, and had also worked as a hacker for foreign governments. Investigators took his claim seriously and found that he actually hadn’t stolen ... The Bitcoin ATM provider, BitKing LLC started its operations last November with just one machine based in downtown Memphis but now they have suffered their first burglary in one of their machines located at Railgarten on Central Avenue in Memphis. Binance traced the cryptocurrency theft — more than 7,000 bitcoins at the time of writing — to a single wallet after the hackers stole the contents of the company’s bitcoin hot wallet. Binance, the world’s largest cryptocurrency exchange by volume, said the theft impacted about 2 percent of its total bitcoin holdings.
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