Author: Cointelegraph By Stephen Katte

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Bitfinex hacker should get 5 years jail for 120K BTC heist: Feds

Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say.  Source link

Early Bitcoin-era whale moves $630K to Kraken, $5.5M in 2 months

After the latest $630,000 transfer, the Bitcoin whale has now sent $5.47 million worth of Bitcoin to Kraken in the last two months.  Source link

Praxis gets $525M for utopic crypto, AI-friendly city

Praxis, a self-described internet-native alliance, said it received $525 million in funding to build a lesser-regulated tech-friendly city.  Source link

Crypto Companies paid $19B in Settlements to US Regulators in 2024

Since 2019, US regulators have collected a total of $31.92 billion in settlements from 25 crypto companies across various lawsuits.  Source link

Crypto staking Jarretts again sue IRS over block reward taxes

A previous case brought by Josh and Jessica Jarrett was dismissed in 2022 after the IRS conceded to refund some of the tax paid.  Source link

86-year-old to pay $14M after admitting to running crypto Ponzi scheme

Prosecutors only sought a five-year probation sentence for crypto schemer David Kagel because of his age and ailing health. Source link

Who is Peter Todd, the man HBO named as Satoshi Nakamoto

Peter Todd was an early figure in Bitcoin, claiming he took an interest in it at 15 years old and is a core contributor to the blockchain today. Source link

IMDB reveals HBO’s Bitcoin documentary secret: Everyone in the cast is Satoshi

The IMDB page for HBO’s documentary claiming to reveal Satoshi Nakamoto’s identity was edited by users to make everyone in the cast appear as the Bitcoin creator. Source link

Texas town residents sue Marathon Digital over crypto mine noise

A group of residents in Granbury, Texas, sued Marathon Digital, claiming noise from its nearby Bitcoin mine is a “nuisance” that caused health issues for some locals. Source link

DHS says it thwarted over 500 crypto ransom attacks in 3 years

The US Homeland Security Investigations (HIS) Cyber Crimes Center reported it disrupted hundreds of ransom attacks since its formation in 2021. Source link