Investing in Bitcoin Is Like a Venture Capital Play, Virginia Pension Chiefs Say

The strategy has performed well for the investors, who have gained exposure to cryptocurrencies such as Bitcoin through investments in several private equity funds. He, and his colleague Katherine Molnar, CIO at the Fairfax County Police Officers Retirement System, shared their insights Wednesday during a panel at the 2021 Virtual Chief Investment Officer Symposium. Several […]

Pension Fund Increases Its Blockchain Technology, Bitcoin Allocations

The pension fund has a target of 7.25% for its actuarial rate of return. Staff viewed the manager as having extensive domain experience and technical expertise, as well as deep roots in the Silicon Valley venture capital ecosystem. On Wednesday, Molnar and Spellar will discuss their investment process in blockchain, as well as their investments […]

FBI Arrests Alleged Operator of Longest-Running Bitcoin Laundering Service

According to court documents, for the past 10 years, Roman Sterlingov allegedly operated Bitcoin Fog, a so-called cryptocurrency “tumbler” or “mixer” service. Bitcoin Fog allegedly even publicly advertised the service on Twitter as a way to help users conceal the source of their bitcoin, and charged a fee for the service. The website is allegedly […]