Daily Archives: March 31, 2015

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Best Bitcoin app ( Earn real bitcoins by just playing a Game) - Video

[Audiobook] What #39;s the Big Deal about Bitcoin? | Steve Patterson
Get it in paperback: http://goo.gl/24rcjc Part I: Bitcoin Clearly Explained | 01:16 Part II: So What #39;s the Big Deal? | 31:01 Part III: Common Objections, Real Challenges | 1:04:40 Check...

By: Steve Patterson

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[Audiobook] What's the Big Deal about Bitcoin? | Steve Patterson - Video

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Developper une application Bitcoin en JavaScript
ParisJS 40 Gabriel Majoulet.

By: Marco Bitcoin

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Developper une application Bitcoin en JavaScript - Video

ProTip Day 19 - Silk Road DEA Debacle
Donate Bitcoin: 1ProTip9x3uoqKDJeMQJdQUCQawDLauNiF Support us now at Indiegogo: http://igg.me/at/protip ProTip Day 19 =========== News Federal Agents Face Arrest for Alleged Silk Road ...

By: World Crypto Network

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ProTip Day 19 - Silk Road DEA Debacle - Video

This week, another scandal marked the saga of Silk Road, the dark web marketplace thatpromised its buyers and sellers anonymity by way of encryption and bitcoins before it was shut down in 2013.

The US Department of Justice announced charges on Monday against two former federal agents accused of stealing large amounts of bitcoin during their investigation of Silk Road.Carl Force, a former Drug Enforcement Administration agent, and Shaun Bridges, a special agent with theSecret Service, belonged to a Baltimore-based federal task force investigating thesite. Mr. Force was the lead undercover agent who communicated with Ross Ulbricht, the man pegged as Silk Road's founder and convicted in February on charges of money laundering, drug trafficking, and more for his role in overseeing Silk Road.

Now prosecutors say that Mr. Force used the aliases created during the investigation to extort $250,000 from Ulbricht. The also say he stole $90,000 in bitcoins that Ulbricht paid to an officially sanctioned alias used for the undercover investigation.

Mr. Bridges, meanwhile, diverted over $800,000 worth of bitcoin to his account during the operation, authorities say.

If there is one thing the rise and fall of Silk Road has revealed, it is just how easy it is to get caught using bitcoin. Thepeer-to-peer electronic payment system that bypasses banks, is not anonymous. In fact, despite numerous assertions to the contrary, it never was.

Created as recently as 2009, bitcoin gained notoriety in large part due to the mystique surrounding the Silk Road website, which was only accessible through an anonymous browsing network. Bitcoin was the only form of currency accepted on the site, so individuals trading in illicit goods and services made millions of dollars worth of bitcoin transactions each year.

But after Ulbright was tracked down through bitcoin transactions traced between the sites IP address and the wallets stored on his laptop, the jig was up. The myth that using bitcoin would allow criminals to avoid getting caught was officially dispelled. Instead of abandoning the digital currency however, bitcoin enthusiasts are leaning in and calling for greater regulation.

Its sad to see the public perception being affected by negative headlines," says Alex Waters, the founder of Coin.co, a private company that enables online merchants to accept bitcoin for their goods and services, in a phone interview. "It is a fascinating technology that can help humanity on a very large scale. Its a shame for people not to take it seriously because of the emphasis on its illicit use."

As more and more businesses begin to accept the bitcoin, advocates say, it is important that adequate regulatory laws be put in place.

The[Silk Road] case just brought attention to the fact that bitcoin is not anonymous. But there are more uses for it now. People are using it for different things, says Jesse Powell, co-founder and CEO of Kraken, a digital asset exchange with support for bitcoin.

Original post:
Silk Road investigators charged with stealing bitcoin during probe

Two federal agents who helped lead one of several investigations in the case allegedly decided they wanted some of the money for themselves, according to a new federal court documents.

The two now-former agents from the Drug Enforcement Administration and the U.S. Secret Service are charged with wire fraud, money laundering and other offenses for allegedly stealing Bitcoin during the federal investigation of Silk Road, an underground illicit black market federal prosecutors shut down in 2013.

READ: 1 shot dead at Fort Meade

The charges in a criminal complaint filed in San Francisco federal court paints a picture of corrupt federal agents trying to enrich themselves as they tried to bring down one of the Internet's top cybercriminals.

The charges against the agents could end up causing complications for the government's case against Ross Ulbricht, also known as "Dread Pirate Roberts", the Silk Road founder. Ulbricht was found guilty last year of aiding drug trafficking with his site. He is awaiting sentencing. As a result of the case against Ulbricht and others, the federal government seized bitcoin that it said at the time was valued at more than $33 million.

The agents now facing charges led a Baltimore-based murder-for-hire case against Ulbricht, separate from the drugs-related charges on which he was found guilty. The murder-for-hire case remains pending. Prosecutors identified the agents as Carl Force, 46 years old, of Baltimore, a special agent with the Drug Enforcement Administration, and Shaun Bridges, 32, of Laurel, Maryland, a special agent with the U.S. Secret Service.

Force was a lead agent in the case and was the main investigator communicating with Ulbricht. Force is charged with wire fraud, theft of government property, money laundering and conflict of interest.

Bridges was the computer forensics expert on the case. He is charged with wire fraud and money laundering.

Force allegedly set up fake online personas and tried to extort money from Ulbricht, including once trying to get $250,000 from him in exchange for not providing information to federal investigators, the criminal complaint says.

Using the online persona "French Maid," Force did succeed in getting $100,000 in Bitcoin from Ulbricht, which Force deposited in his personal accounts, the federal complaint says. He later used a series of Bitcoin and personal U.S. dollar transactions, including a $235,000 wire transfer to an account in Panama, to launder the stolen money, prosecutors allege in the complaint.

The rest is here:
2 federal agents charged with stealing Bitcoin

This week, another scandal marked the saga of Silk Road, the dark web marketplace thatpromised its buyers and sellers anonymity by way of encryption and bitcoins before it was shut down in 2013.

The US Department of Justice announced charges on Monday against two former federal agents accused of stealing large amounts of bitcoin during their investigation of Silk Road.Carl Force, a former Drug Enforcement Administration agent, and Shaun Bridges, a special agent with theSecret Service, belonged to a Baltimore-based federal task force investigating thesite. Mr. Force was the lead undercover agent who communicated with Ross Ulbricht, the man pegged as Silk Road's founder and convicted in February on charges of money laundering, drug trafficking, and more for his role in overseeing Silk Road.

Now prosecutors say that Mr. Force used the aliases created during the investigation to extort $250,000 from Ulbricht. The also say he stole $90,000 in bitcoins that Ulbricht paid to an officially sanctioned alias used for the undercover investigation.

Mr. Bridges, meanwhile, diverted over $800,000 worth of bitcoin to his account during the operation, authorities say.

If there is one thing the rise and fall of Silk Road has revealed, it is just how easy it is to get caught using bitcoin. Thepeer-to-peer electronic payment system that bypasses banks, is not anonymous. In fact, despite numerous assertions to the contrary, it never was.

Created as recently as 2009, bitcoin gained notoriety in large part due to the mystique surrounding the Silk Road website, which was only accessible through an anonymous browsing network. Bitcoin was the only form of currency accepted on the site, so individuals trading in illicit goods and services made millions of dollars worth of bitcoin transactions each year.

But after Ulbright was tracked down through bitcoin transactions traced between the sites IP address and the wallets stored on his laptop, the jig was up. The myth that using bitcoin would allow criminals to avoid getting caught was officially dispelled. Instead of abandoning the digital currency however, bitcoin enthusiasts are leaning in and calling for greater regulation.

Its sad to see the public perception being affected by negative headlines," says Alex Waters, the founder of Coin.co, a private company that enables online merchants to accept bitcoin for their goods and services, in a phone interview. "It is a fascinating technology that can help humanity on a very large scale. Its a shame for people not to take it seriously because of the emphasis on its illicit use."

As more and more businesses begin to accept the bitcoin, advocates say, it is important that adequate regulatory laws be put in place.

The[Silk Road] case just brought attention to the fact that bitcoin is not anonymous. But there are more uses for it now. People are using it for different things, says Jesse Powell, co-founder and CEO of Kraken, a digital asset exchange with support for bitcoin.

View original post here:
Silk Road investigators charged with stealing bitcoin

Two federal agents who helped lead one of several investigations in the case allegedly decided they wanted some of the money for themselves, according to a new federal court documents.

The two now-former agents from the Drug Enforcement Administration and the U.S. Secret Service are charged with wire fraud, money laundering and other offenses for allegedly stealing Bitcoin during the federal investigation of Silk Road, an underground illicit black market federal prosecutors shut down in 2013.

READ: 1 shot dead at Fort Meade

The charges in a criminal complaint filed in San Francisco federal court paints a picture of corrupt federal agents trying to enrich themselves as they tried to bring down one of the Internet's top cybercriminals.

The charges against the agents could end up causing complications for the government's case against Ross Ulbricht, also known as "Dread Pirate Roberts", the Silk Road founder. Ulbricht was found guilty last year of aiding drug trafficking with his site. He is awaiting sentencing. As a result of the case against Ulbricht and others, the federal government seized bitcoin that it said at the time was valued at more than $33 million.

The agents now facing charges led a Baltimore-based murder-for-hire case against Ulbricht, separate from the drugs-related charges on which he was found guilty. The murder-for-hire case remains pending. Prosecutors identified the agents as Carl Force, 46 years old, of Baltimore, a special agent with the Drug Enforcement Administration, and Shaun Bridges, 32, of Laurel, Maryland, a special agent with the U.S. Secret Service.

Force was a lead agent in the case and was the main investigator communicating with Ulbricht. Force is charged with wire fraud, theft of government property, money laundering and conflict of interest.

Bridges was the computer forensics expert on the case. He is charged with wire fraud and money laundering.

Force allegedly set up fake online personas and tried to extort money from Ulbricht, including once trying to get $250,000 from him in exchange for not providing information to federal investigators, the criminal complaint says.

Using the online persona "French Maid," Force did succeed in getting $100,000 in Bitcoin from Ulbricht, which Force deposited in his personal accounts, the federal complaint says. He later used a series of Bitcoin and personal U.S. dollar transactions, including a $235,000 wire transfer to an account in Panama, to launder the stolen money, prosecutors allege in the complaint.

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Agents charged with stealing Bitcoin