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Hong Kong Police Arrest Conman After He Vanished With Over $191K Belonging to a Crypto Trader
13.5.2022
Hong Kong police have arrested a man accused of stealing $191,085 from a cryptocurrency trader in what turned out to be a bogus transaction. No funds were recovered at the time of the suspect’s arrest and investigations are ongoing to determine if the man had accomplices. No Funds Recovered...
Mining Capital Coin CEO accused of $62M investment fraud scheme
9.5.2022
“Capuci operated a fraudulent investment scheme and did not use investors’ funds to mine new cryptocurrency, as promised, but instead diverted the funds to cryptocurrency wallets under his control,” the DOJ stated
Report: Nigerian Trio Allegedly Uses Money Laundering Proceeds to Buy Bitcoins Worth Over $43 Million
2.5.2022
Three Nigerian nationals are accused of using money laundering proceeds to buy bitcoin worth over $43 million from cryptocurrency exchange platforms like Binance and Busha. The trio is accused of moving an equivalent of over $215 million from Nigeria to Kenya between October and November 2020....
Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations
23.4.2022
Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion...
Report: California Governor Gavin Newson Accused Of Interfering In Activision Lawsuit
13.4.2022
California’s Department of Fair Employment and Housing (DFEH) recently lost the top two lawyers in its ongoing gender discrimination lawsuit against Activision Blizzard. The chief counsel was fired by the state governor, Gavin Newsom, while the assistant chief counsel resigned today in protest....
Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits
3.4.2022
Authorities in Kazakhstan have found several businesses minting digital currencies that took advantage of tax cuts they were allegedly not supposed to benefit from. Auditors said the crypto firms registered as “innovative companies,” to receive millions of dollars in tax preferences....
China Jails Kidnappers That Demanded ‘Hundreds of Bitcoins’ as Ransom Payment
1.4.2022
Chinese authorities have jailed four individuals that were accused of kidnapping one person and demanding “hundreds of bitcoins” as a ransom payment. While the alleged kidnapping is reported to have occurred in the Philippines, the cooperation between the two countries eventually...
India Identifies 11 Crypto Exchanges Accused of Tax Evasion
28.3.2022
India’s tax authority first began seizing assets to address alleged tax evasion late last year
Report: Ori Studio Accused Of Being 'Oppressive,' 'Sexist' Workplace
18.3.2022
Moon Studios’ Ori games are some of the most excellent and beautiful platformers around. Some developers now claim that the same can’t be said for the founders of the studio that made them. According to a new report by VentureBeat, current and former developers say Moon could be an “oppressive”...
Chinese Authorities Arrest Alleged Masterminds Behind an Online Virtual Currency Pyramid Scheme
16.3.2022
Authorities in China recently announced the arrest of ten suspects they say are behind an online pyramid platform that is thought to have stolen millions of dollars from unsuspecting users. The suspects are accused of using the promise of high returns and a regular income to lure more victims....
Report: Israel Defense Ministry Seized Crypto Wallets Holding Hamas-Destined Funds
1.3.2022
Israel’s Defense Ministry seized cryptocurrency wallets holding funds that were destined for Hamas, a report has said. The wallets belonged to businesses that are associated with Al’matchadun currency exchange, which itself is accused of helping to funnel funds to Hamas. Seizure Order...
Accused Bitfinex Launderer Heather Morgan Might Be Offered a Plea Deal
28.2.2022
At Morgan’s arraignment on Monday, prosecutors told a D.C. judge that they’re in talks with the defense to find a “resolution” to the criminal case that would see Morgan avoid trial
Call Of Duty Execs Accused Of Using Microsoft Deal To Line Their Own Pockets
26.2.2022
Two Activision Blizzard shareholders have filed lawsuits against the Call of Duty publisher for making allegedly inadequate disclosures in its recent filings with the SEC about its deal to sell to Microsoft for $68.7 billion. The investors further alleged that big payouts for CEO Bobby Kotick...
Valorant Twitch Streamer Accused Of Dodging, Muting Women
24.2.2022
Jason “JasonR” Ruchelski, a former CS:GO player and full-time Twitch streamer, is under fire for reputedly dodging Valorant games in which women are present. He’s also defending himself in the worst way possible, saying he can’t disrespect women if he never interacts with them. It’s not a good...
Mods Accused of Bitcoin Mining, Viruses Removed From Steam
15.2.2022
Over the last few days, a series of mods for the PC strategy game Cities: Skylines have been removed from Steam after users began fearing that they contained all kinds of nasty stuff, from keyloggers to viruses to bitcoin mining software.Read more
NBA Star Accused Of Lying About His Wordle Score
14.2.2022
Minnesota Timberwolves star Karl-Anthony Towns is, like the rest of you, playing Wordle on a daily basis, then tweeting about it straight after. But when he shared his results last week, more experienced players noticed something was very off.Read more
Netflix Orders Crypto Series About a Couple’s Alleged Scheme to Launder $4.5B in Bitcoin Stolen From Bitfinex
13.2.2022
Netflix has ordered a documentary series about the couple who allegedly laundered billions of dollars from the 2016 Bitfinex hack. Aspiring rapper Heather Morgan and her husband, Ilya “Dutch” Lichtenstein, were arrested in New York this week. The Department of Justice (DOJ) also...
Ukrainian Volunteer Groups Accept Bitcoin Donations Amid Tensions With Russia, Study Finds
10.2.2022
Non-government and volunteer organizations collecting funds to support Ukrainian forces have been accepting donations in cryptocurrency, a new report has unveiled. The findings have been published amid heightened tensions with Russia, which has been accused of amassing troops at the border with...
An In-Depth Look at the Couple Accused of Laundering 94,636 Bitcoin From the 2016 Bitfinex Hack
10.2.2022
On Tuesday, the U.S. Department of Justice (DOJ) arrested two individuals that are accused of an “alleged conspiracy to launder” 94,636 bitcoins stolen from Bitfinex in 2016. Interestingly, both of the suspects are known individuals within the tech industry as Ilya Lichtenstein...
Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’
23.1.2022
Houbi Global, which is based in Seychelles, has been accused by lawyer Jonathan Levy of operating without accountability to any jurisdiction. The lawyer adds that the exchange’s physical address in the island nation is for mailing purposes only. Accountability Issues U.S.-based lawyer...