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Who Will get Crypto Back After Arrests in $3.6-Billion Bitcoin Hack?

Who walks away with the $3.6 billion in bitcoin that the U.S. recovered from the Bitfinex currency exchange hack has become the cryptosphere’s favorite guessing game. David Silver, a lawyer who specializes in financial and cryptocurrency-related fraud, said since the seizure was announced Tuesday he has received dozens of calls from individuals saying they lost

Feds: Cryptsy Founder Stole More Than a Million Dollars in Users’ Cryptocurrency

Roughly six years after the founder of the now-defunct Bitcoin exchange company Cryptsy denied accusations that he had stolen millions of dollars in cryptocurrency that suddenly vanished from users’ wallets, an unsealed federal indictment has charged the former Delray Beach man with doing precisely that. Paul “Big Vern” Vernon, 48, is charged with a slew of crimes tied to the disappearance

DOJ Indicts Cryptsy Exchange Founder for Stealing $1M in Crypto

he U.S. Department of Justice (DoJ) has indicted Project Investors Inc. (also known as Cryptsy) CEO and founder Paul Vernon for stealing $1 million from wallets that the now-defunct crypto exchange controlled, the agency announced Wednesday. In a 17-count indictment that was unsealed in federal court in Miami, the DOJ charged Vernon, 48, with tax evasion, wire

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