https://www.businessinsider.com.au/bitcoin-fraud-criminal-charges-2017-11 "The indictment filed in the New York District Court alleges Joseph Willner attempted to cover his tracks by first converting his ill-gotten gains into Bitcoin before transferring them to a second individual involved in the scheme. “As alleged in the indictment, between September 2014 and May 2017, Joseph Willner, 42, of Ambler, Pennsylvania, and others conspired to hack into victims’ online securities brokerage accounts and used them to place unauthorised trades, at times fraudulently liquidating existing positions in the victims’ accounts in order to fund the unauthorised trades.” The strategy involved Willner making artificially high sell offers on publicly-traded stock, while his co-conspirators hacked into victim’s accounts and simultaneously made unauthorised buy orders at the inflated prices. The scheme allegedly netted around $US700,000. The indictment then alleges that around April 2015, Willmer opened an account with the cryptocurrency exchange Coinbase. It’s then alleged that “from approximately April 2015 to August 2016, the defendant sent bitcoin payments totaling approximately $US237,120 to bitcoin addresses provided by Co-Conspirator 1"