Crime | Betabeat

By Jessica Roy 5/10/12 1:45pm

A physical representation of digital Bitcoins. (flickr.com/zcopley)

Leaked Report: FBI is Terrified of Bitcoin Becoming a Currency for ‘Cyber Criminals’

Bitcoin usage is on the rise; the virtual currency is now employed by everyone from advertisers to artists. In fact, Bitcoin has apparently grown so popular that it warranted its own FBI report.

Published in late April but leaked yesterday, the unclassified document–of which Wired provided a PDF–outlines the federal government’s fears surrounding the Bitcoin currency, primarily that in the near future, “cyber criminals will treat Bitcoin as another payment option alongside more traditional and established virtual currencies.” Read More

By Foster Kamer 12/16/11 7:54pm

CRIME

The Great iPhone Sting: NYPD Basically Entraps Low-Wage Bodega Workers By Selling Them Not-Stolen iPhones

One of the things that happens to stolen iPhones is: they get sold by thieves to other people. This has been curbed by things like the Find My iPhone feature, which is awesome, and helps one find their iPhone. Regardless, it still happens. So what do the fair and just police of New York City Read More

By Foster Kamer 11/17/11 1:34pm

SCAMS

They probably don't actually look like this, but they do in our heads. Which is why we stay away from them.

SEC Busts Pre-IPO Facebook and Groupon Hedge Fund Using LinkedIn to Scam The Stupidest People Investing In Tech, Ever

So, you want to get in on some of that Facebook and Groupon action before they hit the public markets, on the secondary market? And oh, what’s that? You’re not an accredited investor, so you can’t get in on the secondary markets? Well, do we have the people for you. Read More

BetaBeat

Leaked Report: FBI is Terrified of Bitcoin Becoming a Currency for ‘Cyber Criminals’

The Great iPhone Sting: NYPD Basically Entraps Low-Wage Bodega Workers By Selling Them Not-Stolen iPhones

SEC Busts Pre-IPO Facebook and Groupon Hedge Fund Using LinkedIn to Scam The Stupidest People Investing In Tech, Ever

Across the Wire

Jonathan Martin Named Political Correspondent at The New York Times

Mayor Bloomberg Adds Yet Another Property to His Collection

Permission to Splurge: Whole Foods Isn't Just About Where You Buy Your Food; It's About Who You Think You Are

Met's Renovated, Reinstalled European Art Galleries Bewitch

Photographers Finally Leave Anthony Weiner's Apartment Alone