Law and Order
A Texas man was arrested Thursday and charged with fostering a bitcoin-related Ponzi scheme, in what is the first securities fraud case involving the crypto currency ever lodged by US prosecutors.
Prosecutors said the defendant, Trendon Shavers, is accused [PDF] of promising investors "absurdly high interest" in exchange for turning over their bitcoin to him. Investors were falsely promised that their bitcoin was recoverable at any time, the authorities said.
It seemed all too believable as it did unbelievable.
A DUI suspect allegedly gave the arresting police officer her iPhone passcode so that she could access her phone numbers.
An Estonian man, who helped hack payment processor RBS WorldPay in 2008, has now been sentenced to 11 years in prison for his involvement in the $9.4 million scheme.
In a Friday release, the FBI detailed the hacker's role in the racket.
On Friday, a Monterey County woman was charged with wiretapping a police officer and possessing "illegal interception devices,” according to the Northern California District Attorney’s office. The District Attorney said that Kristin Nyunt, age 40, allegedly intercepted communications made by a police officer on his mobile phone.
Jonathan Hall was trying to help the internet. Earlier this week, the 29-year-old hacker and security consultant revealed that someone had broken into machines running inside several widely used internet services, including Yahoo, WinZip, and Lycos. But he may have gone too far.