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Crime
South Korean Government to Auction $540k in Bitcoin
The South Korea government plans to auction 216 bitcoins that it confiscated during a 2016 criminal investigation.

Swift Says Hackers Can Unite Banks and Blockchain Disruptors
Long a target of blockchain disruptors, the ultimate banking middleman, Swift, is looking to re-position itself as part of the fight against hackers.

Bitcoin Experts to Congress: Overseas Exchanges Are Enabling Cybercrime
A hearing at US congressional subcommittee yesterday saw discussion of the role cryptocurrencies play in cybercrime.

US Army Guardsmen Convicted for Bitcoin Credit Card Fraud
Two members of the US Army National Guard have been convicted of running a credit card fraud scheme involving bitcoin.

Judges Shoot Down Silk Road Operator's Appeal Bid
Ross Ulbricht, who was sentenced to life in prison in 2015 for operating the now-defunct dark market Silk Road, has lost his appeal.

Belize Accuses OneCoin Promoter of Illegal Trading
The government of Belize has issued a cease-and-desist order to one of the main promoters of OneCoin.

The World Is Watching: Can WannaCry's Creators Cash Out Their Bitcoin Ransom?
Bitcoins amassed by those behind the huge malware attack are being watched by the authorities. Can they retrieve the funds and not get caught?

US National Security Advisor: Bitcoin Needs to Be Understood, Not Feared
A US think tank that advises the US government is exploring the threats bitcoin poses to national security, but also its benefits.

UK's National Health Service Hit in Global Ransomware Wave
Multiple outlets are reporting a wave of ransomware attacks affecting the UK’s National Health Service as well as other firms throughout the world.

Ex-FBI Chief: Virtual Currencies Hinder Criminal Investigations
The Federal Bureau of Investigation's work is being hampered by the criminal use of virtual currencies.
