Bitcoin hacker Ilya Lichtenstein sentenced to five years in prison in major crypto laundering case

The US Department of Justice has said hacker Ilya Lichtenstein was sentenced to five years in prison for his involvement in a money laundering conspiracy arising from the hack and theft of approximately 120,000 bitcoin from Bitfinex.

Bitcoin price drops below 25,000 USD

George Town/UNI/Sputnik: The Bitcoin price is falling by 10.8 per cent on Monday and is now below $25,000 for the first time since December 2020.

Malaysian police bust bitcoin mining ops for power theft, arrest two Chinese nationals

Serdang: Malaysian Police have arrested two Chinese nationals and seized 297 bitcoin mining machines and none blowers worth about RM100,00 after raiding several premises believed to be stealing electricity.

US fines UK man $570 mln for Bitcoin fraud scheme : Regulator

Washington/Sputnik: A US court ordered a UK man to pay more than $570 million after finding he operated a bitcon fraud scheme, the Commodity Futures Trading Commission said in a statement.

Tesla cars can now be bought with Bitcoin

Washington/Sputnik: Electric car manufacturer Tesla CEO Elon Musk said on Wednesday that Tesla vehicles can now be bought using Bitcoin.