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Tag: Ross Ulbricht

US Government Transfers 40,000 Bitcoin, Will It Affect The Price?

The Bitcoin price is under heavy pressure due to fears of “sticky” inflation and yesterday’s ultra-hawkish comments from U.S. Federal Reserve (Fed) chairman Jerome...

‘Tracers in the Dark’ presents a fun crime story — and lesson in privacy

On its surface, Andy Greenburg’s new book, Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency, is a standard crime...

More Than $3 Billion in Silk Road Bitcoin Funds Appear

It’s been so many years, and yet the shadows of the dark web platform Silk Road are still with us. Silk Road operated under the illicit...

UkraineDAO donations surpass $6M to help assist Ukrainian residents

Following Russia’s invasion of Ukraine, cryptocurrency users have taken it upon themselves to collect funds for the besieged country. To that aim, decentralized autonomous organizations [...]

A Project Called Fries DAO Raises $5.4 Million to Purchase Fast-Food Restaurants

The concept of leveraging a decentralized autonomous organization (DAO) has become very popular these days, as a myriad of DAO ideas have been created. A new DAO dedicated to purchasing fast-food restaurants called Fries DAO has raised more than $5.4 million to achieve the goal. Fries DAO Creators Dream of a ‘DAO-Governed Fast-Food Franchise Empire’ […]

Series on Bitfinex Hack of 120K Bitcoin Coming to Netflix

Series on Bitfinex Hack of 119K Bitcoin Coming to Netflix

The producers of ‘Tiger King’ and ‘FYRE’ are teaming together to create a new Netflix series based on the true-life story of Ilya ‘Dutch’ Lichtenstein and Heather Morgan, who was arrested this week on charges of conspiring to launder $4.5 billion in Bitcoin. A total of $3.6 billion was seized by the authorities.  Netflix said today that it has approved a documentary series about the couple accused of attempting to launder funds obtained from the 2016 Bitfinex hack, one of the largest exchange hacks in Bitcoin history. This is the firm’s newest move into the crypto-crime world. Last year, Netflix announced the release of  ‘Trust No One: The Hunt for the Crypto King’, a film about the QuadrigaCX exchange, whose founder Gerald Cotten died suddenly while controlling the keys to users’ wallets, resulting in the loss of millions of dollars in Bitcoin and other cryptocurrencies. Lichtenstein and Morgan were detained in New York on Tuesday and charged with fraud and money laundering for allegedly attempting to launder 120,000 bitcoins over a period of time. Officials from the Justice Department allege they did so by using Bitcoin ATMs, altcoin transactions, and non-fungible token purchases. On the day of their arrest, the two appeared in federal court and will face a new bail hearing on Monday. Morgan had a larger social media presence than Lichtenstein, the founder of the now-defunct blockchain business Endpass. The crypto entrepreneur was active on TikTok and Instagram and had a collection of NFTs on OpenSea until recently. She also went by the stage name “Razzlekhan’ Morgan, who was the CEO of Endpass. She also contributed to Forbes, where she penned many pieces, one of which was titled ‘Protect Your Business from Cybercriminals.’ Chris Smith will direct and executive produce the new series alongside Nick Bilton, who directed the documentary ‘FYRE: The Greatest Party That Never Happened’ and worked as an executive producer on ‘Tiger King.’ Bilton published the book ‘American Kingpin,’ on the hunt for Silk Road creator Ross Ulbricht, and produced the Elizabeth Holmes documentary ‘The Inventor: Out for Blood in Silicon Valley.’ Morgan and Lichtenstein may face up to 25 years in jail if convicted.

The post Series on Bitfinex Hack of 120K Bitcoin Coming to Netflix appeared first on Cryptoknowmics-Crypto News and Media Platform.

Bitfinex Hack and Bitcoin Laundering Scheme Coming to Netflix

Netflix ordered the yet-to-be-named documentary series from the creators of "Tiger King" and "FYRE" into production.

AssangeDAO Raises Over 42 Million USD

A DAO to support the legal defense of WikiLeaks founder Julian Assange has received donations totaling 14,241 ETH in just four days. "It’s prime purpose is to raise funds to bid on the Censored NFT by Pak, whose proceeds will benefit Assange’s legal defense fund." https://t.co/8afNHc9VUv — Edward Snowden (@Snowden) February 6, 2022 DAO to […]

The post AssangeDAO Raises Over 42 Million USD appeared first on CryptoCoin.News.

Assange DAO Raises $7.8M in Ethereum to Buy NFT—And Free the WikiLeaks Founder

A collective of Cypherpunks is fighting for the freedom of the WikiLeaks founder in a very Web3 way.

Digital Artist Pak Will Launch ETH NFT To Free Julian Assange

The well known digital artist “Pak” announced that he will launch an Ethereum NFT in a collaboration with WikiLeaks in order to free Julian Assange so let’s read further in our latest Ethereum news. The new collection “Censored” is set to launch on February 7 and the digital artist “Pak” aims to free Julian Assange. […]

An Instagram Model Launched a DAO to Build Web3 Social Media

Key Takeaways IreneDAO has become the talk of the crypto space after its first NFT collection soared in value on the secondary market. Irene...

How Bitcoin 2021 Redefined The Importance Of In-Person Celebration

The biggest Bitcoin event in history welcomed more than 12,000 enthusiasts to celebrate together in real life, proving that this decentralized, open-source software project is a cultural force to be reckoned with.

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