Bitcoin Group's IPO Hit With Stop Order By Australian Regulator

The Australian Securities and Investments Commission has issued an interim stop order on Sam Lee's Bitcoin Group IPO which intends to float on the Australian Stock Exchange later this year. After considerable delays, the Bitcoin Group lodged its prospectus late last month with the regulator issuing the interim stop order on the 13th of July1. At this time, ASIC provides no information as to why it has issued the interim stop order. ASIC describes a stop order as: Continue reading

  1. Document #027846316 

FATF: Concerns Regarding Use Of Bitcoin By Terrorists

The Australian reports(paywalled) (archive) that a Financial Action Task Force meeting scheduled to run June 21st through 26th in Brisbane, Australia will include discussions regarding the possible use of Bitcoin by terrorists with the view that exchanges who turn bitcoin into fiat currency should be required to report transactions it perceives to be suspicious. At discussions held yesterday, the current head of FATF and former Australian public servant Roger Wilkins (archive) also shared concerns regarding the use of cash, saying: Continue reading

The Chicken Brothers Cook Up Some Ransomware

Bloatware publisher Symantec reports (archive) that a variant of Cryptolocker is infecting numerous computers throughout Australia, demanding a ransom of up to AUD $1,000 or USD $790 payable to none other than Los Pollos Hermanos.

The Breaking Bad branded variant, which encrypts common file extensions such as *.gif, *.doc, *.mp3, *.pdf, *.txt. *.zip, *.xls and so on directs victims to email for support related enquiries, but at this time that inbox is empty. Continue reading

Antonopoulos, AFP, AG & ATO Appear Before Australian Senate

A second public hearing held by the Australian Senate on the topic of digital currencies began earlier today with the morning session kicked off by none other than Andreas Antonopoulos. Antonopoulos' appearance as an expert witness before the committee is a puzzling choice due to Antonopoulos' history of involvement with numerous scams such as Neo&Bee and the Bitcoin Foundation. Antonopoulos is alleged to have lied to the Australian Senate by claiming that 2 billion unbanked were at Australia's doorstep. Continue reading

CEO Of Bitcoin Exchange Killed In Thailand

Independent Reserve CEO Adam Tepper has died as a result of a motorbike accident in Thailand. Tepper, who is alleged to have not been wearing a helmet at the time of the accident, either struck his head on a street sign early Thursday morning according to the Phuket Gazette1 or slammed into a parked trailer Wednesday night as reported by the mainstream Australian television network 7News. Captain Thada Sodarak of the Chalong Police said: Continue reading

  1. Another Thai news outlet confirms that Tepper hit a pole and was taken to Vachira Phuket Hospital, not Thalang Hospital as claimed by 7News.