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Cryptocurrency

Virginia Man Convicted Of Elaborate $185K Cryptocurrency Scheme To Help Fund ISIS: Feds Virginia Man Convicted Of Elaborate $185K Cryptocurrency Scheme To Help Fund ISIS: Feds
Virginia Man Convicted Of Elaborate $185K Cryptocurrency Scheme To Help Fund ISIS: Feds A Virginia man who funneled nearly $200,000 in cryptocurrency to ISIS operatives overseas is facing decades behind bars following his conviction on federal terrorism charges. Mohammed Azharuddin Chhipa, 35, of Springfield, was convicted by a federal jury for his role in a scheme to provide financial and logistical support to ISIS, officials announced Monday. Prosecutors said Chhipa used social media to raise funds, collected money both electronically and in person, converted it to cryptocurrency, and sent it to Turkey, where it was smuggled to ISIS members in Syria.  Those funds were …
Elon Musk, Vivek Ramaswamy Tapped To Head Trump's New Dept. Of Government Efficiency Elon Musk, Vivek Ramaswamy Tapped To Head Trump's New Dept. Of Government Efficiency
Elon Musk, Vivek Ramaswamy Tapped To Head Trump's New Dept. Of Government Efficiency President-Elect Donald Trump continues to fill his cabinet with loyalists and his biggest supporters following his sweeping victory in last week's election.  He announced Tuesday, Nov. 12, that two billionaire former rivals turned allies, Elon Musk and Vivek Ramaswamy, would head up his new Department of Government Efficiency.  Related: Trump Nominates NY Rep. Elise Stefanik As UN Ambassador The tech entrepreneur, age 53, and the 39-year-old Harvard and Yale Law grad will be tasked with major cuts in government spending. Trump called it "The Manhattan Project" for a new…
'PlugwalkJoe' Admits Unprecedented Twitter Hack That Included Musk, Kardashian, Biden: Feds 'PlugwalkJoe' Admits Unprecedented Twitter Hack That Included Musk, Kardashian, Biden: Feds
'PlugwalkJoe' Admits Unprecedented Twitter Hack That Included Musk, Kardashian, Biden: Feds A 23-year-old British citizen who hacked the Twitter accounts of Joe Biden, Elon Musk, Kim Kardashian and Bill Gates, among others, pleaded guilty in federal court to a host of related charges as part of a deal with the government. Joseph James O'Connor -- also known as "PlugwalkJoe" -- technically faces up to 77 years in prison under federal sentencing guidelines but will likely get somewhere between 10 to 20 years when all is said and done. The Liverpudlian hacker admitted during a plea hearing in federal court in Manhattan on Tuesday, May 9, that he committed one of the largest high-pro…
$10M Cryptocurrency 'Pig Butchering' Scheme Leads To Domain Seizures In Virginia: DOJ $10M Cryptocurrency 'Pig Butchering' Scheme Leads To Domain Seizures In Virginia: DOJ
$10M Cryptocurrency 'Pig Butchering' Scheme Leads To Domain Seizures In Virginia: DOJ Federal officials in Virginia have seized domains used to further fraudsters’ “pig butchering” cryptocurrency schemes, according to authorities. The US Attorney's Office for the Eastern District of Virginia announced the measure in an effort to curtail the spread of these schemes, which led to losses of more than $10 million to its victims. According to federal prosecutors, “in pig butchering schemes, scammers encounter victims on dating apps, social media websites, or even random texts masquerading as a wrong number,” slowly gaining trust until proposing the idea of making a business inve…
Navy Engineer, Wife Sentenced For Trying To Sell American Submarine Secrets For Crypto: Feds Navy Engineer, Wife Sentenced For Trying To Sell American Submarine Secrets For Crypto: Feds
Navy Engineer, Wife Sentenced For Trying To Sell American Submarine Secrets For Crypto: Feds The wife of a former Navy engineer who worked with her husband and attempted to sell American secrets to a foreign country to an undercover operative got a longer sentence than her husband, federal officials announced on Wednesday, Nov. 9. Diana Toebbe, 46, of Annapolis, and husband Jonathan Toebbe, 44, serviced three “dead-drops," which were picked up by undercover FBI agents during a year-long sting operation, federal prosecutors said, leading to lengthy prison terms for both. On Wednesday, Jonathan Toebbe received a sentence of 232 months - more than 19 years - in prison, while his wife…
13 Chinese Nationals Charged With Multiple Acts Of Espionage By Feds In Washington, NJ, NY 13 Chinese Nationals Charged With Multiple Acts Of Espionage By Feds In Washington, NJ, NY
13 Chinese Nationals Charged With Multiple Acts Of Espionage By Feds In Washington, NJ, NY Thirteen people, including members of China’s security and intelligence services, have been charged with trying to recruit professors and others in the United States to act as agents for their country, federal authorities in New York, New Jersey and Washington, DC announced. Tales of international intrigue include allegations that the defendants plotted to steal documents from a federal prosecutor's office to subvert a criminal investigation into a major Chinese company. Some of them are also charged in a spy-versus-spy encounter involving a $41,000 bribe in Bitcoin paid to an American…
Wall Street Vet With VA Tie Trending For Predicting Economic Downfall Wall Street Vet With VA Tie Trending For Predicting Economic Downfall
Wall Street Vet With VA Tie Trending For Predicting Economic Downfall A Virginia-raised investor with a tie to New Jersey is going viral for his recent prediction on the status of the economy. “The economy is going to collapse,” Novogratz said in a Wednesday, June 15 interview with MarketWatch. “We are going to go into a really fast recession, and you can see that in lots of ways.” The Princeton University graduate's remarks came shortly before the Federal Reserve raised rates by 0.75 percent in an attempt to reduce inflation without going into a recession. Novogratz, CEO of cryptocurrency investment firm Galaxy Digital, cited layoffs in …