Crime
California Fintech, Founders Settle SEC Crypto Fraud Claims
The SEC said in filings in Los Angeles federal court on Wednesday that Uulala Inc and founders Oscar Garcia and Matthew Loughran raised $9 million from investors between 2017 and 2019 through an unregistered initial coin offering.
Bitcoin Ecosystem Rallies to Repel Doomed Re-Org Attacks
The attacks work like this: a miner accumulates hash power and creates a chain of competing BSV blocks in secret, which contain transactions written to benefit the attacker, such as by double-spending BSV by appearing to deposit it into an exchange wallet.
824 Arrests in Euro 2020 Gambling Bust
Hong Kong police on Monday arrested 824 and seized records detailing HK$3.6 billion worth of bets tied to an illegal sports gambling ring.
NHL Begins Probe of Sharks Evander Kane Allegations: Bet on Own Games
Dan Lust via Twitter reports that the NHL announced a full investigation into allegations that Evander Kane of the San Jose Sharks has been betting on his own games with bookies.
Poker Pro Salman Behbehani Remains in Jail After Large Stash of Party Drugs Found on Private Jet
The haul found on board his private jet reportedly included 80g crystal methamphetamine, a highly addictive drug commonly used among gay men during sex, and 315g cocaine.
Police Officer Rescues Baby Left in Hot Car as Man Gambles in Casino, Bodycam Footage Revealed (Video)
A Las Vegas man was arrested after he left a child inside a hot car while gambling at a North Las Vegas casino and now new body cam footage shows the harrowing ordeal.
Bloomberg: DOJ Probing Tether of Bank Fraud
A U.S. probe into Tether, a digital token widely used to trade Bitcoin, is looking into whether executives behind the digital token committed bank fraud, a potential criminal case that would have broad implications for the cryptocurrency market, according to a report filed by Bloomberg News Monday morning.
Feds Raid Home of Offshore Sportsbook Owner, Husband of Costa Rica Super Model
Gary Austin ran tout services, sportsbooks in Costa Rica, before that, Vegas.
FBI Releases Trove of Records on Gangster ‘Whitey’ Bulger
The FBI has released hundreds of pages of records from notorious Boston mobster James “Whitey” Bulger’s file.
Former Seattle Seahawk Richard Sherman Arrested for Burglary Domestic Violence
Former Seattle Seahawks and San Francisco 49ers star Richard Sherman was booked into a jail in Seattle on Wednesday morning, accused of “Burglary Domestic Violence.”
Founder of Omaha Sports Club Accused of Skimming $400K for Gambling Habit
The founder of the Omaha Sports Academy took almost $400,000 from the organization for personal use, according to prosecutors.
The Poker Beat - July 5, 2021: WSOP Online Coming to PA for Real Money
Plus Russell Crowe to star as billionaire poker player in 'Poker Face', a Chris Moneymaker movie coming to? And a poker player shot dead in Dallas during a holiday weekend filled with violence.
Another Mysterious Death in the World of Crypto in Just Days
The Bitcoin pioneer who was believed to own over $1 billion in the cyptrocurrency and considered one of the asset’s larger single-holders, died off the coast of Costa Rica, apparently from at Playa Hermosa de Garabito, Puntarenas, in Costa Rica. Plus Morgan Stanley Buys Over 28,000 Shares of Grayscale Bitcoin Trust and Bitstocks CEO Michael Hudson & Vaionex CEO Robin Kohze discuss why it’s up to the entrepreneurs now to go out and build on top of the platform, to see it reaching its full potential.
John McAfee, Creator of Anti-Virus Software, Crypto Advocate Found Dead
John McAfee, the antivirus software pioneer whose former company still bears his name, has been indicted on fraud and money-laundering conspiracy charges stemming from two cryptocurrency schemes, the U.S. Justice Department said on Friday.
Macau Beefs Up Casino Rules, More Than Doubles Number of Gaming Investigators
The world's biggest casino hub of Macau will shake up its casino regulator by more than doubling the number of gaming inspectors and restructuring several departments in its latest move to ramp up supervision.
Man Suspected of 3 Killings Near Oregon Casino is Still at Large
A man sought in the killings of three people after a hit-and-run crash near a casino and a shooting at a marijuana dispensary in a small Oregon city was still at large Saturday.
Black Market Ties Claims Lodged Against DraftKings: Reddit to the Rescue Again
Among the key findings, DraftKings has exposure to international “black market” gambling rings and organized crime. But the Reddit community was quick to cry "fake news".
Philly Man Surrenders in Fatal Atlantic City Casino Stabbing
A Philadelphia man wanted in the deadly stabbing of his girlfriend at an Atlantic City casino last week has turned himself in
WPT Champ Dennis Blieden Sentenced to Six and a Half Years in Prison for $22million Embezzlement
Plus Saipan Casino Chairwoman Faces Courtroom Lies Claims in Human Trafficking Case
The Crypto Beat - June 14, 2021
Binance big boss steps down amid U.S. Commodity Futures Trading Commission probe, Elon Musk statement sends Bitcoin price rising once again, and Bitcoin bad for crime?
Nun to Plead Guilty in $835K Embezzlement Scheme to Support Gambling Habit
An L.A. nun is expected to plead guilty to stealing $835,000 in donations, tuition and fee money from her school to pay for a gambling habit.
German Police Raids Tied to Welfare Fraud, Illegal Gambling
Around 600 investigators searched 31 buildings in the western German state of North Rhine-Westphalia and police arrested a family of four Tuesday in connection with alleged money laundering, organized crime and welfare fraud.
Australian Financial Crime Watchdog Widens Probe on Casinos Already Reeling From COVID
Australia's anti-money-laundering agency on Monday widened a probe into due diligence at casinos to include the three biggest operators, ratcheting up pressure on a sector already struggling with the pandemic and heightened regulatory scrutiny.
California Man Gets 2 years in Prison for Laundering Bitcoin
A Southern California man who pleaded guilty to illegally operating kiosks where customers could buy Bitcoin with cash, or sell Bitcoin in exchange for cash has been sentenced to two years in federal prison.
Trial of the Century: Durst Indicates He Will Take The Stand in His Own Defense
Robert Durst' victim was Susan Berman, the only child of Davie 'the Jew' Berman, a notorious gangster who ran Las Vegas casinos for Frank Costello, Meyer Lanksy and Lucky Luciano - she was considered 'Las Vegas royalty'.
Suspect Charged With Stealing $1 Million in Cash, Chips From Poker Pro
A 32-year-old man has been charged with eight felonies in connection to a brazen February home burglary in which about $1 million in cash and poker chips had been stolen from the victim's home.
Crime Beat: Syracuse Man Sentenced to at Least 20 years in Prison for Shooting at High-Stakes Poker Game
Charquan Edwards, 29, will serve at least 20 years behind bars after a jury found him guilty of shooting a man during a high-stakes poker game in 2015.
Gaetz Associate Pleads Guilty: Latest Odds on the Congressman
Oddsmakers at BetOnline have Florida Congressman Matt Gaetz at 50% to get convicted on sex trafficking charges. That could change with one of his associates now cooperating with federal authorities in the investigation.
Elon Musk Dubs Himself the "Dogefather" for SNL Promo Tweet
Oddsmakers doubt an SEC investigaton will be launched following Elon Musk's SNL appearance this coming Saturday night, but you can still bet on it.
Poker Player, Sports Bettor Jailed for 14 months in $1million Tax Evasion Case
A Connecticut sports bettor and part-time poker pro has been sentenced to 14 months in prison for evading taxes on more than $1million of poker gambling winnings. He must also pay back more than $800,000.
