Pundits and commentators have long worried about the security of decentralized cryptocurrencies. The indictment alleges that Vinnik obtained funds from the hack of Mt. Gox and laundered those funds through various online exchanges, including his own BTC-e and a now defunct digital currency exchange, Tradehill, based in San Francisco, California.

Allinvain is the pseudonym of a Bitcointalk forum user who posted in June 2011 of a hack that saw roughly 25,000 Bitcoin stolen from his computer. The latest in news, interviews, and reviews from around the Bitcoin Cash Stealer and cryptocurrency space with your host The Crypto Lark.

Earlier this month another South Korean cryptocurrency exchange Coinrail was hacked, marking loses of around $40 million. The amount recovered was about 28 Bitcoin worth approximately $110,000 and with this, Bitfinex intends to use the funds to compensate about 5,000 customers who were affected by the hack.

In this case, the market reacted ferociously ; coins across the market dropped significantly, and the country's Financial Services Agency (FSA) launched security inspections on cryptocurrency exchanges in the country. There are online sellers that will sell you bitcoins directly for cash (or bank wire or credit card).

In recent times, Elon Musk has been targeted multiple times in an attempt to get people to give their crypto away. Hackers have stolen over 200 Bitcoin ($800,000) via a clever hack of the Electrum Bitcoin wallet. Likewise, there came a number of other enthusiasts, with new icons which turned to crypto coins on exchanges, and similar theories on the world's evolution, after "the origin of species".