QuadrigaCX CEO Faked Crypto Trades in Lavish Excess with Customer Funds

By CCN Markets: Gerald Cotten, the CEO of the Canadian crypto exchange QuadrigaCX whose death is the reason for $190 million of missing funds and a bankrupt company, had transferred user funds to his personal accounts to use them as security for margin trading, a report by Ernst & Young revealed. After Cotten had died, …

CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how …

Infamous Mt. Gox Villain Mark Karpeles Launches New Blockchain Venture

By CCN: Mark Karpeles, disgraced CEO of the infamous Mt. Gox crypto exchange, has revealed new plans in the blockchain space. According to Associated Press, he will launch a new venture with a view to making Japan a “global leader in blockchain.” Karpeles was found guilty for manipulating data at Mt. Gox and handed a …

Bitcoin Millionaire Admits Steamy Sex Affair, Denies Model’s Grisly Murder

By CCN: Bitcoin tycoon and Everus World founder Alex Johnson and his wife engaged in a threesome that ended with the mysterious death of a Dutch model in December 2017. Ever since, the couple has been living as outcasts, moving from one city to another while hiding from the anger and threats of vigilantes. Now, …

Bitcoin Exchange Cryptopia Begins Liquidation After $15 Million Hack

By CCN: It may not have sounded the death knell immediately but the January hacking of New Zealand-based cryptocurrency exchange Cryptopia changed everything forever. Now the crypto exchange which lost NZD$ 23 million (approximately $15 million) in the security breach five months ago has appointed liquidators. Cryptopia Limited appoints Grant Thornton as Liquidators – https://t.co/A35rq1Jls3 …

ISIS Used Bitcoin to Fund Horrific Sri Lanka Easter Bombings, Research Claims

Bitcoin played a role in staging the Easter Sunday suicide bombing in Sri Lanka that killed 253 civilians, according to Israeli blockchain intelligence firm Whitestream. The agency revealed that the ISIS used Canada-based payment gateway CoinPayments to convert bitcoins to fiat money. The firm identified large scale transactions between the wallets that ISIS used to …

Singapore Police Rescue Victim from Elaborate Bitcoin Machine Scam

By CCN.com: A police investigation involving bitcoin machines at Tampines One Mall in Singapore saved a 32-year-old man from scammers impersonating officials. They also helped a 49-year-old man not to transfer any more of his bitcoin to the alleged lying thieves. Singapore police warned on Saturday: “Do not fall for scammers who impersonate officials from …

Mark Karpelès Faces Bitcoin Embezzlement Verdict on Friday

Mark Karpelès, the disgraced former CEO of defunct bitcoin exchange Mt. Gox, faces ten years in prison as a Tokyo court prepares to hand down a verdict on embezzlement charges this Friday. Karpelès is accused of syphoning $3 million of client money to his own accounts and faking exchange data. The 33-year-old maintains his innocence …