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FBI Warns Against Using Unregistered Cryptocurrency Money Transmitting Services
28.4.2024
The Federal Bureau of Investigation (FBI) has issued a warning about using unregistered cryptocurrency money transmitting services that fail to comply with U.S. anti-money laundering laws. The agency has provided tips for the public to protect themselves, advising them to avoid providers that...
The Non-Custodial Conflict: US Government Actions Stir Crypto Community Concerns
26.4.2024
Over the past two days, there has been a notable uptick in concern within the crypto community regarding the U.S. government’s actions toward non-custodial wallets, which facilitate the sovereign storage of crypto assets. Recent events have fueled a widespread belief that a targeted campaign...
FBI Warns Americans Against Using Unregistered Crypto Money Transmitters
26.4.2024
The US Federal Bureau of Investigation (FBI) has issued a warning to Americans regarding the use of cryptocurrency money-transmitting services that are not registered as Money Services Businesses (MSBs).
The post FBI Warns Americans Against Using Unregistered Crypto Money Transmitters appeared...
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
26.4.2024
A recent FBI announcement urging Americans not to use unlicensed money-transmitting services misses “a great deal of nuance” about how crypto services operate, says Piper Alderman Partner Michael Bacina
US Authorities Charge Founders of Bitcoin Mixer Samourai Wallet for Laundering Over $100 Million
24.4.2024
The U.S. Department of Justice has indicted the founders of Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill, on charges of operating an unlicensed money-transmitting business and laundering over $100 million through illicit transactions. DOJ Indicts Samourai Wallet Founders...
FBI, Europol Say Akira Ransomware Has Drained $42M from 250 Firms
19.4.2024
Akira, a ransomware group, has drained $42 million from 250 firms since March 2023, said the Federal Bureau of Investigation (FBI), Europol, CISA, Europol’s European Cybercrime Centre (EC3), and the Netherlands’ National Cyber Security Centre (NCSC-NL) in a joint statement.
The post FBI, Europol...
FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack
12.4.2024
Mike Schmidt complied with an FBI subpoena to provide information on attendees at a developer event, as part of the investigation into the theft of Luke Dashjr's Bitcoins.
The post FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack appeared first on Cryptonews
US Department of Justice Takes Action Against $2.3 Million ‘Pig Butchering’ Scam
14.3.2024
The U.S. Department of Justice files a civil forfeiture action to recover $2.3 million in cryptocurrency linked to a widespread romance “pig butchering” scam operation.
The post US Department of Justice Takes Action Against $2.3 Million ‘Pig Butchering’ Scam appeared first on Cryptonews
FBI: Crypto Investment Fraud Surged 53% in 2023, Topping $3.94 Billion
10.3.2024
The Federal Bureau of Investigation (FBI) has reported a surge in losses due to cryptocurrency-related investment scams.
The post FBI: Crypto Investment Fraud Surged 53% in 2023, Topping $3.94 Billion appeared first on Cryptonews
Crypto Investment Scam Losses in U.S. Grew 53% to $3.94B in 2023: FBI
8.3.2024
Investment fraud at large grew by 38% from $3.31 billion to $4.57 billion, according to the bureau's Internet Crime Report 2023, highlighting the prominent role that cryptocurrency plays in this area of crime
Playdapp Breach: Hacker Mints Tokens Worth $31 Million, Gaming Platform Offers Reward for Silence
12.2.2024
Playdapp, a Web3 gaming platform, recently confirmed that it was a victim of a hacking incident which saw criminals mint tokens worth approximately $31 million. Playdapp said it has offered to reward the hackers if they agree to return the stolen assets and contracts. Crypto Exchanges Urged...
German Authorities Confiscate 50,000 BTC Worth $2 Billion From Illegal Movie Site
30.1.2024
Source: Pixabay Following an investigation led by the Dresden General Prosecutor’s Office and the Saxony State Criminal Police, approximately 50,000 Bitcoins were “provisionally” secured in mid-January 2024 in connection with the crackdown on an illegal movie site. According to German...
Estonian Government Approves Extradition of Crypto-Fraud Accused Duo to the US, Again
27.1.2024
The Estonian government has once again approved the extradition of the two alleged masterminds behind the Hashflare crypto mining Ponzi scheme to the United States. According to a local news report, the government has met the conditions for the men’s extradition set by the Tallinn Circuit Court....
US Presidential Candidate Outlines Plan to Shut Down FBI if Elected — ‘This Is Much More Practical Than It Sounds’
2.1.2024
Presidential candidate Vivek Ramaswamy has outlined his plan to shut down the Federal Bureau of Investigation (FBI) if he is elected President of the United States. “56% of the bureau that are professional bureaucrats should be fired immediately,” he stressed, adding that 44% of FBI employees...
Brandt Bucks BTC Halving Hype, Vitalik’s Big Transfer, Spot Bitcoin ETF Developments, and More — Week in Review
24.12.2023
Trader and financial analyst Peter Brandt says that BTC “halving hype is a whole lot of excitement over nothing,” while developments point to imminent SEC action on the spot bitcoin exchange-traded fund (ETF) front. In other popular news this week, Ethereum co-founder Vitalik Buterin...
Tether’s USDT Stablecoin Depegs from US Dollar on Exchanges After Company Froze $435M
18.12.2023
Tether’s cooperation with law enforcement has led to the USDT depeg crisis. Image by akif, Adobe Stock. Tether’s USDT, the largest stablecoin by market capitalization, depegged from its intended $1 price amid growing scrutiny over the company’s December 15 announcement of a wallet-freezing...
Tether Confirms Extensive Collaboration With DOJ, FBI and Secret Service
18.12.2023
Tether, the stablecoin company, has confirmed it has collaborated extensively with a series of U.S government agencies, including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and the Secret Service. These team-ups are focused on making the stablecoin ecosystem safer...
US DOJ Seizes $9 Million in USDT from Cyber Scam Organization, Tether to Onboard FBI
29.11.2023
Source: AdobeStock / Krakenimages.com The United States Department of Justice (DOJ) has seized nearly $9 million worth of USDT from an organization running pig butchering scams – with Tether’s help. According to the press release, the authorities traced the funds to cryptocurrency...
Ethereum price falls as regulatory worries and pause in DApp use impact investor sentiment
28.11.2023
Ether price struggles amid regulatory concerns and a drop in DApp usage
FBI Dives Into FTX Customer Records — Field Offices Issue Subpoenas to Bankruptcy Consultants
4.11.2023
Reports indicate that the U.S. Federal Bureau of Investigation (FBI) has received data on FTX clients from the advisors of the now-insolvent firm. These consultants have complied with a minimum of five inquiries issued by the bureau’s local offices across various states. FTX Implosion Leads...