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FBI Warns About Cryptocurrency Theft Scams Using Play-to-Earn Games


The FBI has issued a public service announcement (PSA) warning on the utilization of play-to-earn games as part of a scheme to defraud users of funds stored in the form of cryptocurrency. Criminals are introducing victims to this kind of game and then use malware to extract the funds from...

Crypto Exchange Bitzlato Restores Access to User Funds


Russia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading platform was shut down in an operation carried out by law enforcement agencies in the U.S. and Europe alleging that it had been used to launder dirty money....

Onecoin Cryptoqueen’s Ex-boyfriend Gets 5 Years in Prison


A former boyfriend of Ruja Ignatova, the mastermind of the Ponzi scheme Onecoin, has received five years in prison. The sentence is for the laundering of hundreds of millions of dollars’ worth of proceeds from the notorious crypto scam which defrauded investors around the world. Ruja’s Former...

Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea


Crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen funds, which were dormant until recently, originated from the June 2022 hack of Harmony’s...

Binance, Huobi Freeze $1.4m Worth of Crypto in ‘North Korea-linked’ Wallets


The crypto exchanges Binance and Huobi have frozen “North Korea-linked” wallets containing “approximately $1.4 million in cryptoassets.” Per a blog post from the blockchain analytics firm Elliptic and a report from MBC, the coins “originated from the June 2022 hack of Harmony’s Horizon Bridge.”...

Bitzlato Co-Founder Anton Shkurenko Arrested in Russia, Report


Russian authorities have reportedly arrested the second co-founder of seized cryptocurrency exchange Bitzlato. The man, who recently promised to restore the platform’s operations from Russia, was detained at the request of Interpol and may face extradition to France. Another Co-Founder...

North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils


The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state....

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