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US woman used bitcoin to move cash to Islamic State, police say
Source: Reuters

US woman used Bitcoin to move cash to Islamic State, police say

A New York woman has been accused of laundering Bitcoin and other cryptocurrencies and wiring the money to help the so-called Islamic State. Zoobia Shahnaz, 27, was charged with bank fraud, conspiracy to commit money laundering and money laundering and is being held without bail. Ms Shahnaz was born in Pakistan and worked as a lab technician in the US. Prosecutors say she took out fraudul...


UK pushing to include Bitcoin under money-laundering rules
Source: Reuters

UK pushing to include Bitcoin under money-laundering rules

Britain wants to increase regulation of Bitcoin and other digital currencies by expanding the reach of European Union anti-money-laundering rules that force traders to disclose their identities and report suspicious activity. With demand for Bitcoin surging, fuelling a 1,000 percent rally in its value so far this year, the British finance ministry said it expected negotiations over changes to t...


Russia probably behind NSA leak: Snowden
Source: RSS

Russia probably behind NSA leak: Snowden

The whistleblower Edward Snowden believes Russia is behind a leak of malware allegedly belonging to the US National Security Agency (NSA). Hackers calling themselves Shadow Brokers started an auction for the malware last week. The security firm Kaspersky said it believed the original files were from Equation Group, which is thought to be linked to the NSA. A former NSA worker Dave Aitel poin...


A teen’s turn to radicalism and the U.S. safety net that failed to stop it

In real life, he was 17, small for his age and with a deformed hand he often hid in his pocket. Online, he was @AmreekiWitness, among the most active pro-Islamic State Twitter accounts. For months, Ali Shukri Amin had been walking closer and closer to a line. In 2014, the suburban high school student began tweeting instructions on how to use Bitcoin to fund the extremist group. Early in 2015, h...


'Bitcoin founder's' Australia home raided by Sydney police

Australian police have raided the Sydney home and office of a man named by technology websites as the creator of the virtual currency Bitcoin. Federal police searched Craig Steven Wrights properties, but said the raid was about tax, not Bitcoin. Mr Wright was named by Wired and Gizmodo as the creator of Bitcoin. The founder of the currency is believed to hold about a million Bitcoins, whi...


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