Latest Bitcoin News

Alabama man arrested in SEC social media account hack that led the price of bitcoin to spike

Oct. 17, 2024 18:10 PM EDT

WASHINGTON (AP) — An Alabama man was arrested Thursday for his alleged role in the January hack of a U.S. Securities and Exchange Commission social media account that led the price of bitcoin to spike, the Justice Department said. Eric Council Jr., 25, of Athens, is accused of...

Americans lost $5.6 billion last year in cryptocurrency fraud scams, the FBI says

Sep. 09, 2024 16:56 PM EDT

WASHINGTON (AP) — Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a report released Monday that shows a 45% jump in losses from 2022. The FBI received nearly 70,000 complaints in 2023 by victims of...