Chinese Police to Seize $1.4M Worth BTC

Cryptocurrency was seized from illegal bookmaker offices, which are banned since the middle of 20th centuary
12 July 2018   680

Police in Guangdong Province arrested 540 suspects in the participation and organization of a network of online football sweepstakes, at which rates were accepted in bitcoins for a total of more than 10 billion yuan ($ 1.5 billion). This is reported by Xinhuanet.

Organizers of gambling sites were participants of 20 criminal groups. The police froze their assets by five million yuan and seized the crypto currency by 10 million yuan ($ 1.4 million).

Law enforcement agencies also closed about 70 mobile applications, websites, 250 groups in social networks and instant messengers through which suspects conducted their activities. For eight months, about 330,000 participants bets on these platforms.

Since the middle of the XX-th century activity of bookmaker offices is illegal in China. However, in Macau and Hong Kong, sports bets are not banned.

G Suite & Target Twitter Accounts Hacked

Scammers hacked verified G Suite and Target Twitter account to use it for another fake "crypto giveaway"; 5.8634 bitcoins received
14 November 2018   103

Twitter accounts of one of the leaders in US retail Target and Google G Suite services were hacked by unknown, who immediately announced the free giveaway of bitcoins. The legitimate owners returned access to their pages quickly enough, but fraudsters still managed to get about $ 30,000.

After hacking the account G Suite, which has more than 800k subscribers, announced the distribution of 10 000 BTC. As reported by The Next Web, this post was deleted after 10 minutes. At the moment, Google has not commented on the situation.

Scammers message
Scammers message

Account Target, which has a little less than 2M subscribers, announced the distribution of 5 000 BTC.

Representatives Target confirmed hack of account, starting an investigation into the circumstances of the incident.

Early this morning, our Twitter account was inappropriately accessed. The access lasted for approx. half an hour & one fake tweet was posted during that time about a bitcoin scam. We have regained control of the account, are in close contact with Twitter & are investigating now.

As exploers show, there were no transfers to the of hackers of the G Suite account. However, with the help of a post on the Target page, attackers were able to get 5.8634 bitcoins.