Romanian Cryptocurrency Exchange CoinFlux Is In Trouble

The CEO, Vlad Nistor, of Romanian cryptocurrency exchange CoinFlux was recently arrested according to local Romanian news outlets several days ago. Specifically, Nistor was detained in the city of Cluj-Napoca on Tuesday. The outlets also report that he is awaiting extradition to the United States. Vistor will reportedly be charged with fraud, computer fraud, money laundering, and possibly additional charges.…

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Prosecutors Want 10-Year Jail Sentence For Former Mt. Gox CEO

There are few events that have shaped the current cryptocurrency markets as the infamous Mt. Gox hack. For those who are unaware, Mt. Gox was once the world’s largest cryptocurrency exchange, established in 2010. At its height, it was handling 70% of all the global transactions involving Bitcoin. Unfortunately, over $400 million in Bitcoin was hacked from the exchange in…

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