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Bitcoin scammers texted victims informing them they’d been conned out of $30,000

Jul04
by on July 4, 2019 at 8:08 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Normally, you won’t immediately know when you’ve fallen victim to a cryptocurrency scam. You might start to wonder where your money has gone and why no one is responding to your questions. Eventually though, reality will set in after you recognize that scammers have made off with your money and are nowhere to be found. Well, some cryptocurrency con artists are taking a different tack and have actually told their victims they’ve been had. After being duped into putting more than AUD$43,000 ($30,000) into fake Bitcoin investments, Canberra, Australia-based couple Nick and Josie Yeomans received a WhatsApp message telling them that…

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Engineer nabbed smuggling US military-grade chips to China faces 219 years in prison

Jul04
by on July 4, 2019 at 7:24 am
Posted In: Around the Web, world


An electrical engineer is facing up to 219 years in federal prison after being found guilty of exporting military-grade semiconductor chips to China. Yi-Chi Shih — the 64-year-old engineer in question, and also a part-time Los Angeles resident — was found guilty of conspiring to export sensitive semiconductor chips with military applications to China without the required export license, according to the Department of Justice (DoJ). “The jury also found Shih guilty of mail fraud, wire fraud, subscribing to a false tax return, making false statements to a government agency, and conspiracy to gain unauthorized access to a protected computer to obtain information,”…

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