Category: BITCOIN

Bitcoin Investors, Beware: The IRS Is Coming for Your Vast Riches

Uncle Sam has Bitcoin traders on the radar these days, as the cryptocurrency passes $4,300 in late August trading. With more assets pouring into digital currencies, the federal government, via the Internal Revenue Service, is looking to get its fair share from Bitcoin — a cut that the IRS doesn’t believe it’s been getting until now. That

Coinbase Faces Backlash, Legal Risk Over Bitcoin Cash

The world’s most popular digital currency exchange, Coinbase, is under fire from angry customers over its decision not to support a new version of bitcoin that could also make it vulnerable to “ruinous legal trouble,” according to a prominent legal scholar. Coinbase’s headaches are tied to a breakaway faction of bitcoin miners, who are responsible

Pennsylvania police, hunting for stolen laptops, say they stumbled on $40 million bitcoin scam

Law enforcement in Pennsylvania’s Bucks County likely didn’t think they were dealing with a dark Web criminal pro when Theodore Price’s name first popped on their radar. According to federal court documents, detectives from the Northampton Township Police Department north of Philadelphia began tracking the unemployed 30-year-old earlier this month after fielding a complaint from Price’s

7 People Set to Make a Killing from the Bitcoin Boom

You’ve probably heard about bitcoin’s incredible bull run and how, if you’d bought some a few years ago, you would be a lot richer. Well, it turns out some people did just that. Those who bet big on bitcoin in recent years are now presiding over the digital equivalent of Scrooge McDuck’s money bin. The

Bitcoin mania headed toward catastrophic correction

MIKE ADAMS–-Disclaimer: I am pro-Bitcoin and pro crypto-currency. For 15 years, I have publicly and repeatedly criticized the central banks, fiat currency systems and the systematic theft of purchasing power from the People by corrupt banking cartels. This is not a hit piece on Bitcoin but rather a rational analysis of why the current Bitcoin
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