One of regulators' biggest worries about virtual currencies, like Bitcoin, is whether they may be susceptible to fraud or manipulation. Well, two people in Germany apparently just proved this was possible.
The pair is accused of illegally generating nearly $1 million worth of Bitcoins, according to the Associated Press. German police nabbed the two people during a computer fraud investigation earlier this week. No further details on the arrests were available.
The authorities' investigation centered around the belief that the suspects were disseminating malware on the Internet to create a network of hacked computers they could control remotely. According to … Read more