Spain leads the world’s cryptocurrency property market: Almost 300 homes are purchasable with Bitcoin or Ethereum in Marbella, Alicante and elsewhere
Olive Press News Spain » Bitcoin
by Kayleigh Beardsley
5M ago
THE latest findings presented by Forex Suggest delves into the global property market to discover the countries dominating with the number of properties payable by crypto and also the average cost of said properties. Spain is leading in this area, with 289 properties available to purchase with Bitcoin and Ethereum. It is followed by Thailand ..read more
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British hacker arrested in Spain for taking control of Obama’s Twitter account given five years by a New York court
Olive Press News Spain » Bitcoin
by Simon Hunter
5M ago
A BRITISH hacker who was arrested in Spain’s Estepona in July 2021 after he managed to take control of high-profile Twitter accounts, including that of Barack Obama, has been sentenced to five years in jail by a court in New York.  Joseph James O’Connor, who is 24 and is known as PlugwalkJoe, managed to impersonate ..read more
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Crypto earnings to be investigated by Spain’s Inland Revenue
Olive Press News Spain » Bitcoin
by Alberto Lejarraga
5M ago
THE Spanish Inland Revenue has launched an investigation to identify bitcoin-related assets to prevent tax evasion and avoidance. The period for submitting the income tax return declaration (IRPF) opened on April 11. Taxpayers are required to give evidence of their earnings in 2022. And these include any profit obtained from cryptocurrency.  In 2021, only 35,2000 ..read more
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Kidnap, crypto and Ukrainians: The multimillion-euro scandal that looks to have defrauded hundreds in Spain and Gibraltar 
Olive Press News Spain » Bitcoin
by Walter Finch
5M ago
A KIDNAPPING of two expats foiled by Spanish police last year is linked to an enormous crypto currency scandal set to rock Spain and Gibraltar, the Olive Press can reveal. The incredible drama which saw the couple snatched and held for several hours took place after hundreds of investors feared they had lost as much ..read more
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Benidorm gang dress up as police to con €500,000 out of businessman on Spain’s Costa Blanca
Olive Press News Spain » Bitcoin
by Alex Trelinski
5M ago
A Benidorm gang fleeced a Russian businessman out of €500,000 by pretending to be Guardia Civil officers and telling him that he was wanted by authorities in his country. The Russian was driving with friends in January when he was pulled over by the two bogus officers. They told him that an Interpol arrest warrant ..read more
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Spain’s Vueling Airlines becomes Europe’s first budget carrier to allow cryptocurrency ticket payments
Olive Press News Spain » Bitcoin
by Alex Trelinski
5M ago
SPAIN’S Vueling Airways will offer passengers the chance to pay for tickets via cryptocurrency from next year- the first such move for a budget airline in Europe. The carrier has partnered with one of the largest bitcoin payment infrastructure providers, BitPay, to to accept bitcoin as payment. Ticket prices will be displayed in euros and ..read more
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‘Tens of millions’ of bitcoin stolen from US entrepreneur at his Madrid home in Spain
Olive Press News Spain » Bitcoin
by Alex Trelinski
5M ago
AN American digital entrepreneur says he was robbed of ‘tens of millons’ of bitcoin after thieves broke into his Madrid home. The Policia Nacional is investigating Tuesday’s break-in. Zaryn Dentzel, 38, says that masked robbers tortured him for four hours before he eventually revealed passwords for his cryptocurrencies and computers. Dentzel, originally from California, has ..read more
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Police raid a cryptocurrency farm in Toledo area of central Spain powered by illegal electricity supply
Olive Press News Spain » Bitcoin
by Alex Trelinski
5M ago
A cryptocurrency farm that illegally syphoned vast amounts of electricity has been raided by the Policia Nacional. The high use of power at a Toledo area villa in central Spain, coupled with thermal imaging, suggested to authorities that something untoward was going on. A woman in charge of the ‘farm’ has been arrested for illegally ..read more
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Cryptocrooks: Spanish police bust tax haven Bitcoin fraudsters
Olive Press News Spain » Bitcoin
by Dilip Kuner
5M ago
A RECENT huge rise in the value of cryptocurrencies has seen a parallel rise in scammers. Spanish police have moved in on a ring of alleged fraudsters who were operating world-wide from Andorra, trying to fleece unsuspecting victims in an investment scam. Europol partnered with Spanish and Catalan police for the operation against an ‘investment ..read more
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Warning over cyber scam in Spain which claims to have recorded you masturbating to porn after hacking your webcam
Olive Press News Spain » Bitcoin
by Laurence Dollimore
5M ago
THE Guardia Civil has sounded the alarm over a sex tape extortion scam in Spain.  According to the police body, victims are sent an email which threatens to send an alleged video of them engaged in sexual acts to all their contacts. They are then given 72 hours to pay the scammers €2,000 in bitcoin ..read more
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