Tag Archives: hack

Criminals Use U.S. Based Crypto Exchange

Posted on October 1, 2018 by JeffKoeppel

A Wall Street Journal investigation has found that nearly $90 million in criminal proceeds have flowed through supposedly anonymous cryptocurrency exchanges since 2016, allowing the money men to launder their ill-gotten gains. The WSJ calls out one such exchange run … Continue reading →

Posted in balance, Banking, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, VC, Venture Capital, Wall Street | Tagged Access Venture Partners, criminals, fraud, FundersClub, hack, hackers, money laundering, North Korea, Pantera Capital, ransomware, regulation, ShapeShift, Swiss registered, technology, VC, venture capital | Leave a comment

Crypto Detectives Track Stolen Bitcoins

Posted on August 20, 2018 by JeffKoeppel

As noted before, cryptocurrency transactions are not anonymous. The U.S. government tracked down Bitcoin transactions in the Department of Justice’s indictment of Russian election hackers. The Wall Street Journal’s video notes that there are now a number of cryptocurrency detectives … Continue reading →

Posted in accredited investor, balance, Banking, Banks, CFTC, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, discrepancies, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital, Wall Street | Tagged bitcoin, blockchain, crypto currency, cryptocurrency, detective, hack, Kim Nilsson, Mount Gox, Mt. Gox, robbery, stolen, technology, thief | Leave a comment

Irish Pro-Choice Crowdfunding Site Attacked

Posted on May 11, 2018 by JeffKoeppel

As of 1983, abortions became constitutionally illegal in Ireland by the Eighth Amendment, although women are allowed to leave the country to obtain one. Together For Yes is a social movement and #crowdfunding campaign that is seeking to overturn the … Continue reading →

Posted in balance, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Legislative Intent, technology | Tagged abortion, Amnesty International, attack, CauseVox, charity, crowd fund, crowdfunding, DDoS, denial of service, Eighth Amendment, fund raising, hack, hacking, Ireland, pro choice, pro life, Together for Yes, website, women's rights | Leave a comment

Crypto-Currency Exchange May Be Bailed Out

Posted on April 4, 2018 by JeffKoeppel

Crypto-currency exchange Coincheck, that lost almost $500 Million (or 523 million NMX tokens) in a recent hack, may be rescued by Japanese internet broker Monex Group. Coincheck paid out about $435 Million to about 260,000 customers to partially reimburse them. … Continue reading →

Posted in accredited investor, balance, CFTC, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, technology, VC, Venture Capital, Wall Street | Tagged alt currency, banks, bitcoin, blockchain, Coincheck, crypto currency, cryptocurrency, cryptocurrency exchange, hack, Japan, Monex Group, NMX, online brokerage, security, tokens, trading, yen | Leave a comment

Insurer Denies Crypto Exchange Claim

Posted on March 30, 2018 by JeffKoeppel

Scary times in crypto-currency land as a major Korean insurer has denied the claim of a Bitcoin exchange. Yapian, the parent of YouBit, a crypto-currency exchange, filed a $2.8 million claim to recover for the hack with its insurer DB … Continue reading →

Posted in accredited investor, balance, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, Investments, Jobs, Legislative Intent, technology | Tagged bitcoin, bitcoin exchange, claim, crypto currency, crypto currency exchange, crypto exchange, cryptocurrency, disclosure, hack, insurance, Korea, loss, omission, Yapian, YouBit | Leave a comment

Hacked Japanese Crypto Exchange Promises Discounted Refunds

Posted on January 29, 2018 by JeffKoeppel

More bad news for crypto-currencies as the Japanese exchange reported the largest hack in crypto history, >$500 million. But, the exchange, Coincheck has promised to pay its 260,000 customers for their losses out of its own pocket (but doesn’t know … Continue reading →

Posted in accredited investor, balance, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, technology, VC, Venture Capital | Tagged bitcoin, blockchain, cold wallet, crowdfund, crowdfunding, crypto currency, cryptocurrency, ether, Ethereum, exchange, hack, hard fork, hot wallet, loss, NEM, NEM Foundation, SAFE, theft, trading price, XEM | Leave a comment

Don’t Let The Crowd Infect You

Posted on January 3, 2017 by JeffKoeppel

A crowd infection virus is now being seen by security experts called Popcorn Time. It’s ransom ware that infects your computer by getting you to click a link or download a file. The nasty part is, that in order to … Continue reading →

Posted in checkbook, Crowd Funding Platforms, fraud, Funding Portals, Investments, penalty, SEC, technology, VC, Venture Capital, Wall Street | Tagged backup, bitcoin, corrupted, corrupted files, crowd infection, crowdfunding, data protection, email, encrypted files, encryption key, fraud, hack, hackers, hardware, internet, links, malware, open source, Popcorn Time, ransom ware, restoring files, software virus, technology, virus, virus protection software, web | Leave a comment

Crowdfunding DAO Fund Hacked

Posted on June 21, 2016 by JeffKoeppel

The Decentralized Autonomous Organization (DAO) raised $150 Million crowdfunding a new investment fund to finance ventures that would advance the crypto-currency Ethereum. Investors traded cash for Ethereum and got tradable DAO tokens in return, which gave them the right to … Continue reading →

Posted in accredited investor, Banking, Banks, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, deposits, Dodd Frank, fraud, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged bitcoin, capital, Crowd Fund Act, crowdfund, crowdfunding, cryptocurrency, currency trading, DAO, decentralized autonomous organization, entrepreneur, equity, Ethereum, Ethereum Foundation, Financial Industry Regulatory Authority, fraud, hack, hacker, investment, investment fund, JOBS Act, kickstarter, network, open source, SEC, Securities and Exchange Commission, Slock.It, software, tokens, trading, VC, venture capital, Vitalik Buterin, voting | Leave a comment

Crowdfunding Portals Beware!

Posted on October 20, 2015 by JeffKoeppel

Because 88% of SEC tested broker-dealers and 74% of investment advisers have experienced cyber attacks, the head of the Securities and Exchange Commission’s Division of Enforcement is telling financial institutions that a cyber breach may also result in a violation … Continue reading →

Posted in Uncategorized | Tagged banks, breach, broker dealers, brokers, consumer, Crowd Fund Act, crowdfund, crowdfunding, cyber breach, cybersecurity, Division of Enforcement, encryption, financial information, financial institutions, FINRA, hack, hacking, invasion, investment advisors, JOBS Act, Mary Jo White, personal data, personal information, privacy, Reg. SP, Regulation SP, RT Jones, ScotTrade, SEC, Securities and Exchange Commission | Leave a comment