Feb 25, 2015

Islamic State using bitcoin, officials suspect

Islamic State is likely using the bitcoin virtual online currency as a tool to secretly raise funds and settle transactions, a diplomatic source said Tuesday, quoting officials in the U.S.-led coalition against the group. Members of the coalition worry that the use of bitcoin, ...

Feb 10, 2015

Millions missing in suspected Hong Kong Bitcoin scam

Phones at a Hong Kong-based Bitcoin trading company went unanswered Tuesday after the company apparently disappeared and took with it tens of millions of dollars of investors’ money, although the true total could be much higher. Investors feared the MyCoin online venture, whose website ...

Nov 26, 2014

Bitcoin exchange Kraken to help in Mt. Gox bankruptcy

U.S. bitcoin exchange operator Payward Inc said on Wednesday it will work on retrieving some millions of dollars lost by Tokyo-based Mt. Gox, once the world’s largest bitcoin exchange before it collapsed in bankruptcy this year. Kraken, Payward’s bitcoin exchange, will assist Mt. Gox’s ...

Aug 12, 2014

U.S. agency warns consumers about bitcoin risks

Federal regulators are warning consumers about the risks of using virtual currencies such as bitcoin. The Consumer Financial Protection Bureau said Monday that it will begin fielding complaints from people who rely on products such as bitcoin and online exchanges for such currencies. In ...

Aug 2, 2014

U.S. seeks Japan's cooperation in Mt. Gox probe

U.S. judicial authorities have sought cooperation from Japanese law enforcement in an investigation into alleged fraud at failed bitcoin exchange operator Mt. Gox, sources revealed Saturday. The approach came last spring from federal prosecutors in New York who opened a probe into allegations about ...