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 ...

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 ...

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 ...

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 ...

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 ...

Prosecutors, though, say Potapenko and Turogin ran HashFlare more like a Ponzi scheme than a mining operation, and accused them of actually mining less than 1% of all the mining hashrate sold to ...

The co-founders of Hashflare, a crypto mining ponzi scheme that stole $577 million from hundreds of thousands of investors around the world, both pleaded guilty on Wednesday to conspiracy to ...