HashFlare founders admit to misleading customers about mining capacity. The crypto founders repaid the customers in full. U.S. District Judge Robert Lasnik of the Western District of Washington ...

A lawyer representing one of the co-founders of crypto mining service Hashflare has addressed how their criminal case may move forward after the pair received “self-deport” letters from the US ...

Hashflare, a so-called “cloud mining” service that allowed speculators to effectively rent processing power on the Bitcoin network, announced Friday that it had shut down its Bitcoin mining ...

Between 2015 and 2019, Potapenko and Turõgin convinced Hashflare’s investors to rent a percentage of the scheme’s crypto mining operations in exchange for a percentage of the cryptocurrency ...

But with the outbreak of the recent scandal around the cloud mining platform HashFlare, this option might also soon be off the table. HashFlare, one of the leading names in the business ...

wherein they induced them to enter fraudulent equipment rental contracts with the defendants' cryptocurrency mining service called HashFlare, the department said in a statement. Sign up here.

Hashflare, a first of the non-Ethereum family to come out publicly as likely affected by the breach in TheDAO contract, suspends ETH mining activities.

Just four months ahead of their criminal sentencing for operating a $577 million cryptocurrency mining Ponzi scheme, the two Estonian founders of HashFlare were seemingly mistakenly ordered to ...

In May 2015, facing a growing number of angry customers, Potapenko and Turogin allegedly started a second company, HashFlare. According to prosecutors, they told their clientele that orders for ...

HashFlare didn’t have nearly enough computing power required to mine the level of cryptocurrency it promised victims across the globe, some of whom lived in Western Washington. Potapenko and ...