Tagged: counterfeiting

Columbia Economist Jeffrey Sachs Says Bitcoin Offers No Value, Is Environmental Disaster, and is like Counterfeit Money

It can be difficult to imagine a harsher criticism of Bitcoin than recent statements made about the leading crypto on March 12 by Jeffrey Sachs, according to an article in Fortune. He basically said that the leading crypto was providing no value and was consuming… Read More

Police Bust Crime Syndicate Selling Counterfeit Euros for Crypto

Police in Portugal have arrested five members of a criminal gang accused selling counterfeit euros for cryptocurrencies via websites on the Dark Net, Reuters reports. The group’s alleged “ringleader” has now been extradited from Colombia to Portugal to face charges. According to police, during the… Read More

IBM Partners With Seagate to Reduce Global Drive Counterfeiting With Blockchain Tech

IBM announced on Thursday it is partnering with data storage solutions company Seagate Technology to help reduce product counterfeiting using blockchain and security technologies. IBM reported that the project is designed to help manufacturers, integrators, and business partners to figure counterfeit hard drives. The project… Read More

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