NYC prosecutors face hurdles in crackdown on crimes involving crypto
Prosecutors across New York City say they're fighting back against an increase in crimes involving cryptocurrency, but it appears they have their work cut out for them.
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Prosecutors across New York City say they're fighting back against an increase in crimes involving cryptocurrency, but it appears they have their work cut out for them.
Two men accused of kidnapping and torturing a man for his Bitcoin password are scheduled to appear in court Wednesday in New York City.
The investigation into the bitcoin torture case in New York City has revealed gruesome details about the alleged kidnapping and beating of an Italian man.
A rash of attacks on cryptocurrency owners is combining cybercrime with old-fashioned thuggery, experts say.
There's a surprise twist in the case of two crypto investors charged with kidnapping in SoHo. CBS News New York's Christina Fan reports.
Vice President JD Vance spoke at the Bitcoin 2025 Conference in Las Vegas, as the Trump administration has leaned into cryptocurrency.
An alleged accomplice in the NYC crypto kidnapping case in SoHo turned himself in to authorities Tuesday morning, police say.
The high-profile Bitcoin kidnapping case was back before a judge in Manhattan on Wednesday, but proceedings were put on hold due to a legal deadline tied to the suspect's arrest.
One of the two men accused of kidnapping and torturing an Italian businessman for his Bitcoin wallet is scheduled to appear in court Wednesday. CBS News New York's Christina Fan has the latest.
CBS News New York's Jennifer Bisram has been following the latest developments and has more on the suspect's expected arraignment.
An alleged accomplice in the crypto kidnapping case in SoHo turned himself in to authorities Tuesday morning, police say. CBS News New York's Christina Fan reports.
A second man wanted in the alleged crypto kidnapping in SoHo has surrendered to authorities, police said.
One suspect is already in custody, accused of kidnapping and assaulting a man in order to get his Bitcoin password. CBS News New York's Christina Fan has the latest.
CBS News New York's Alecia Reid has more on some of the disturbing evidence investigators have gathered.
As the value of Bitcoin rises, the Brooklyn District Attorney's office is warning New Yorkers about cryptocurrency scams.
As the value of bitcoin rises, the district attorney this should serve as a warning for all New Yorkers. CBS News New York's Kristie Keleshian reports.
This comes just two years after Bitcoin's price dropped below $17,000 following the collapse of crypto exchange FTX.
Donald Trump's victory in the U.S. presidential election could boost economic growth and herald market-friendly policies, according to Wall Street.
The focus on cryptocurrency is intensifying after a week of volatility. Crypto, unlike government-issued dollars, is a decentralized digital currency, so the value can go up or down quickly. CBS2's Steve Overmyer has the latest on what's being called a "crypto winter."
Investigators say criminals are using cryptocurrency to launder dirty money with perceived anonymity.
Millions of dollars of the transactions were cashed out through bitcoin ATMs and used to purchase gold and non-fungible tokens as well as more mundane items like Walmart gift cards for personal expenses, prosecutors said.
Experts say never open an unsolicited link, and never make a significant payment without verifying.
Adams says he wants New York to become the global center for cryptocurrency and other financial innovations.
It's a push to court cryptocurrency businesses in New York City.
As the interest in cryptocurrency continues to climb, the safety and security of investment apps are being called into question.
