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Government agency cautions about the use of cryptocurrencies, saying they’re more likely to be used by “fraudsters to perpetrate fraudulent investment schemes.”
"Fraudsters are not beyond the reach of the SEC just because they use...virtual currency to mislead investors and violate federal securities laws," the SEC says, as it files charges against a Texas man.
Hong Kong-based MyCoin has reportedly closed its doors, with suggestions the operation was a Bitcoin-themed ponzi scheme.
Company marketed specialized computers designed to produce the cryptocurrency but delivered useless machines, according to an FTC complaint.
Several exchanges, including shuttered Mt. Gox, have received subpoenas probing possible ties to the online drug marketplace, the Wall Street Journal reports.
Andrew Auernheimer demands restitution of 28,296 bitcoins, about $13.2 million, after his conviction was overturned.
Financial services company aims to provide a secure, insured banking service that will take the cryptocurrency mainstream.
As Dogevault's website becomes unavailable, users of the popular wallet report mysterious withdrawals of hundreds of thousands of the virtual currency from their accounts.
An investor group that includes Virgin Group Chairman Richard Branson and Yahoo co-founder Jerry Yang is betting that Bitcoin has a bright future despite recent setbacks.
Federal regulator finds the cryptocurrency qualifies as "money or something of value" but imposes restriction on its use.