Tag Archives: money laundering

A $100 Worth Of Litecoin A Year Ago Is Worth $30,000 Today

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Last month, we subjected readers to a hindsight lament: How you should have spent $100 at the beginning of 2013. Using the Forbes time travel machine, we went back to last January and dropped...
    






Bitcoin’s Incredible Year

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Last year at this time, valued at just $13.50, one Bitcoin could get you a movie ticket if you could find a theater that had 1) heard of Bitcoin and 2) accepted it. Fat chance. Luckily, Bitcoin...
    






The Most Science Fictional News Stories Of 2013 In Pictures

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In his 2005 novel Accelerando, science fiction author and futurist Charles Stross wrote a collection of stories about the accelerating pace of change in the modern world: Inspired by his experience...
    






Feds Indict Three More Alleged Employees Of Silk Road’s Dread Pirate Roberts

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Ross Ulbricht, the alleged Dread Pirate Roberts and administrator of the Silk Road drug website, may be spending Christmas in a jail cell in Brooklyn, New York. But as the FBI widens its crackdown on...
    






Financial Companies Banned from Making Bitcoin Transactions in China

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After a near 100% increase in the value of Bitcoin, the Chinese government banned its use by financial firms. The result was that the crypto-currency fell by 20% and now stands at $1000 on the...

Feds Shut Down Silk Road, Arrests Mastermind

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Federal agencies crack down on online drug market of “Silk Road” notoriously known as “eBay of drugs.” FBI not only shuts down the pirate website but also arrested its mastermind on Tuesday.A young...