Author: Penny White

EXCLUSIVE El Salvador bitcoin transfers soar, but still a fraction of dollar remittances

Little transfers of bitcoin into El Salvador jumped four-fold from May in the year ago but still represent a tiny amount compared to remittances delivered in bucks, information shared with Reuters revealed. The Central American nation last week became the first nation to embrace bitcoin as legal tender, and together with President Nayib Bukele touting…

DOJ says ‘millions of dollars of bitcoin’ reclaimed from ransom paid to Colonial Pipeline hackers

Even the Justice Department, together with other national government, on Monday stated that the vast majority of the ransomware Colonial Pipeline Co. compensated to hackers past month was recaptured. During a news conference, Deputy Attorney General Lisa Monaco said federal investigators captured 64 bitcoin, valued at about $2.3 million, which were supposedly the profits from…

‘Greedy’ cocaine dealers paid more than £3.5m in Bitcoin and cryptocurrency

‘Greedy’ drug retailers who offered enormous amounts of South American cocaine over the dark web were compensated over #3.5million in Bitcoin and cryptocurrency in a couple of decades. Jehanzeb Amar and Salahydin Warsame ran a commercial-scale functioning from Birmingham. They used social media websites known as’LetsWork’ and’TheOnlyLw’ to wholesale the Class A medication from countries…