Digital media giant YouTube has been named in class action lawsuit tied to the collapse of BitConnect, the cryptocurrency lending platform widely accused of fraud. BitConnect’s shutdown in January – which followed a series of warnings from U.S. investors – triggered a number of investor lawsuits, including one filed in late January in Florida. BitConnect’s platform was […]

The ads were geared to consume 80 percent of the victim's CPU time to "mine" the Monero cryptocurrency, but didn't otherwise harm computers or steal data. "Hey @avast_antivirus seems that you are blocking crypto miners (#coinhive) in @YouTube #ads Thank you :)" tweeted Italian web designer …