Pakistani Men Arrested for Allegedly Involved in Bitcoin Robbery

Three Pakistani men who allegedly involved in the recent bitcoin robbery has been arrested in Dubai. The report then confirmed that the three men have been sentenced to one year in prison and will be deported from the UAE after serving their term after luring four Chinese investors by deceiving them that they are owning Bitcoin for real.

The post Pakistani Men Arrested for Allegedly Involved in Bitcoin Robbery appeared first on Incrypts.

Pakistani Men Arrested for Allegedly Involved in Bitcoin Robbery

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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