a couple of laughzillas on a blue diamond background

California man gets 10 years for selling drugs for Bitcoin on dark web

Jun13
by on June 13, 2019 at 9:34 am
Posted In: Around the Web, cryptocurrency, Hard Fork


A US man who sold narcotics on the dark web in exchange for Bitcoin has been sentenced to 10 years in federal prison. Tyler Reeves, who sold the drugs under the moniker “Platinum45,” was sentenced on Monday by by United States District Judge James V. Selna. Aside from the prison sentence, Reeves, who pleaded guilty to distributing methamphetamines and money laundering in March, will also have to pay a $15,000 fine. “On September 20, 2018, law enforcement executed a search warrant at defendant’s residence. At his residence, [Reeves] possessed not only illegal controlled substances, such as methamphetamines and oxycodone (prescribed…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

└ Tags: 
a couple of laughzillas on a blue diamond background

Indian police arrest 78 in Bitcoin call center scam

Jun13
by on June 13, 2019 at 8:21 am
Posted In: Around the Web, cryptocurrency, Hard Fork


A call center scam that targeted US citizens and requested payment in Bitcoin has been busted by police in India resulting in the arrest of 78 people. According to a report, the Indore unit of Madhya Pradesh police’s Cyber Cell unearthed the online scam, which saw tele callers with American accents dupe US citizens. The callers claimed they were officers from the US social security unit and explain victims’ social security credentials had been used for money laundering and smuggling drugs. Then they told victims that if they failed to pay the requested amount, their social security number would be blocked…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

└ Tags: