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Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms
7.8.2022
Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for cryptocurrency mining with threats and blackmail. The racketeers allegedly made up to half a million U.S. dollars a month from their business. Kazakhstan Busts...
Victorian police to get 'greater power' to seize crypto assets from criminals
4.8.2022
The new bill will also compel cryptocurrency exchanges to hand over information that could assist police in criminal investigations
10 Things Every GTA Online Player Trying The Giant New Update Should Do
1.8.2022
With the new Grand Theft Auto Online update released last week, the game has become easier after Rockstar added more ways to make money that don’t involve ripping your hair out and putting up with annoying trolls. But a big update like this for an already massive game can be very overwhelming. Read...
GTA Online’s New Update Is Just What The Nearly Decade-Old Game Needed
27.7.2022
Today, Rockstar Games released what might be one of the biggest, best updates Grand Theft Auto Online has seen in years. While it might not add something as big and flashy as a casino or superyacht, the new “Criminal Enterprises” update expands a huge list of old content, adds new quality-of-life...
SEC Slaps Former Coinbase Manager With Insider Trading Charges — Identifies 9 Crypto Tokens as Securities
22.7.2022
The U.S. Securities and Exchange Commission (SEC) has announced insider trading charges against a former Coinbase manager, who has been arrested and is also facing criminal charges. The regulator has identified nine crypto tokens as securities in the complaint. U.S. Attorney Damian Williams says...
GTA Online's Next Update Is One The Biggest In Its Nearly Decade-Long Run
21.7.2022
After some previous teases, Rockstar announced today the Criminal Enterprises update for Grand Theft Auto Online will be released on July 26. This upcoming free update sounds like it will be one of the biggest the game has ever received, with numerous quality of life changes, improvements,...
Russia Considers Jail Time for People Helping Crypto Scammers Launder Proceeds
15.7.2022
The interior ministry of Russia has decided to go after those providing money-laundering services to crypto fraudsters, suggesting they should go to prison. The department wants to introduce criminal liability for the activities of these people, also known as ‘droppers.’...
Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin
30.6.2022
Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also reported to the Russian president. Russian Authorities Initiate 20 Criminal...
Fortnite Welcomes War Criminal Orochimaru, More Naruto Characters To The Festivities
21.6.2022
Hope you’re still a fan of battle royale games with a penchant for cognitively dissonant crossovers because Epic Games has announced that more Naruto characters are airdropping their way into Fortnite. Read more
Kenyan Law Enforcement Agency Arrests Two Students Accused of Using Stolen Funds to Buy BTC
18.6.2022
Two Kenyan students accused of hacking credit cards and using the ill-gotten funds to buy bitcoin have been arrested by the Directorate of Criminal Investigations, a statement from the law enforcement agency has said. After converting the cryptocurrency to local currency, the two students would...
Another Report Confirms That Criminal Behavior Keeps ‘Dropping as a Percentage of Overall Crypto Activity’
14.6.2022
Global politicians’ claims that crypto is the criminal world’s currency of choice may be wide of the mark, another report reitarates.
The findings were detailed in an annual report by the American blockchain analytics firm CipherTrace, which was bought up last year by the payments giant...
Crypto-related Criminal Cases Rise by 40% Year-on-Year in Russia
13.6.2022
There has been a spike in crypto-related legal activity in Russia – with case numbers growing fast both in the criminal and civil courts.
Per the media outlet Izvestia, researchers from the cybersecurity outfit RTM Group compiled a report showing that 1,531 legal cases related to cryptoassets...
Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40%
12.6.2022
Courts in Russia are hearing a growing number of cases around crypto assets, a new study has shown. About two-thirds of them have been launched under provisions of the country’s Criminal Code but civil cases represent a large share as well. Criminal Cases Involving Cryptocurrency in Russia...
A life after crime: What happens to crypto seized in criminal investigations?
5.6.2022
Like with any kind of property, law enforcement has the right to sell your coins and spend the money
Do Kwon Unlikely to Face Criminal Charges in US, Say Legal Experts
5.6.2022
Terraform Labs CEO Do Kwon is unlikely to face criminal charges in the U.S. over the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST), according to legal experts. They explained that civil charges are more likely, including lawsuits by cryptocurrency investors. Do Kwon Unlikely...
'NFTs May Be New, but This Criminal Scheme Isn't': Ex-OpenSea Head Arrested for NFT Insider Trading
2.6.2022
Nathaniel Chastain, former Head of Product at OpenSea, the largest non-fungible token (NFT) marketplace, has been arrested and charged with wire fraud and money laundering in connection with insider trading in NFTs.
On Wednesday, prosecutors in New York’s Southern District accused...
Game Pirates Trolled With Controller Errors And Endless Rain
26.5.2022
One of my favourite things to write about on this website are the creative ways developers have learned to fuck with people pirating their video games, so it’s with great pleasure I get to share another example today.Read more
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
19.5.2022
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm. Abkhazia Shuts Down Crypto...
DOJ Files First Criminal Complaint Against US Citizen Allegedly Using Cryptocurrency to Evade Sanctions
18.5.2022
The Department of Justice (DOJ) has filed its first criminal complaint against an American who allegedly used cryptocurrency to circumvent U.S. sanctions. “The payments platform advertised its services as designed to evade U.S. sanctions, including through purportedly untraceable virtual...
US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions
16.5.2022
An unnamed individual allegedly sent more than $10 million in Bitcoin to an exchange in a country for which the U.S. currently imposes sanctions