Australian Weather Bureau suffered from 2 Bitcoin scams

The Bureau of Meteorology of Australia has been affected by 2 occasions connected with Bitcoin this year
21 May 2018   410

Two scandals related to the Australian weather bureau and cryptocurrency are being declared as coincidental. An advertising firm stays suspended by the Bureau of Meteorology after ads linking to a scam report about Bitcoin appeared on the site in January and February. 

The company's Melbourne offices were checked by federal police later in February because of the charges towards 2 specialists had been using the bureau's powerful computers to mine cryptocurrencies. BoM director Andrew Johnson explained at a Senate hearing on Monday there was "no connection whatsoever" between these 2  events.

The official claimed that the probe into data mining had been underway for a considerable time before the Australian Federal Police made the decision to act in February. But howewer he was not able to answer questions from Centre Alliance senator Stirling Griff about the progress of that research. Dr Johnson confirmed the advertising establishment responsible for the fraudulent ads in January and February stays blacklisted because of concerns about its ability to block activity.

The ads lead to a news report about Tesla boss Elon Musk on a fake CNN look-alike 
site which then connected users to scam Bitcoin sites. Dr Johnson declared it was a constant battle against those with harmful intent but the bureau used a four-stage review policy used to monitor ads from a second organisation. Ads on the site bring in over $4 million per year. 

Crypto Billionaire to Lost 5.5k BTC Due to Fraud

Thai scammers convinced 22 yo Finnish crypto billionaire to invest in their 'investment' scheme
13 August 2018   256

The 22-year-old cryptocurrency millionaire lost more than 5,500 bitcoins after taking part in the investment scheme in Thailand. The case attracted public attention because of the possible participation of a Thai actor. This is reported by Bangkok Post.

A group of scammers in June 2017 persuaded Finnish businessman Aarni Otawa Saarimaa to invest in several Thai securities, a casino in Macau and a crypto currency called Dragon Coin.

Scammers claimed that Dragon Coin could be used in Macau casinos. In addition, they brought Saarimaa to this casino to demonstrate the legitimacy of their project. Saarimaa transferred 5 564 BTC to fraudsters.

In January, without receiving any income for his investments, Saarimaa filed a complaint with the Crime Suppression Division's (CSD), along with his local business partner, who believed that this investment scheme was fraudulent.

CSD began to investigate the case and stated that the group made no investment for Saarimaa, instead transferring all the bitcoins to Thai baht and placing these funds on seven bank accounts.

Although it is not clear when exactly the scammers sold the bitcoins, CSD announced that they raised about 800 million baht or about 24 million dollars.

Then followed a months-long investigation, according to which CSD began to suspect that the Thai film actor Jiratkisit "Boom" Jaravijit also took part in the fraudulent scheme - he was arrested last Wednesday.

In addition, the CSD stated that it suspects the actor's brother, Princess Jaravijit, as the "instigator" of this entire scheme. He left Thailand, traveling to South Korea, and then to the United States. According to the Bangkok Post, CSD is currently working with the US to track him down.