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Man allegedly tries to ‘recover’ losses from BitConnect, kidnapping two
19.8.2024
Indian authorities have arrested a man for allegedly kidnapping two employees of BitConnect creator Satish Kumbhani and extorting $125 million in crypto
Indian Authority Arrests Man in Crypto Extortion Case
18.8.2024
A Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection with kidnapping and extortion cases, including a significant cryptocurrency-related crime exceeding Rs 1,200 crore ($144 million), according to the Enforcement Directorate (ED). Bhatt...
Crypto Crime Shifts Gears: $1.58B Stolen as Ransomware Hits $459.8M
16.8.2024
The cryptocurrency world has witnessed a shift in illicit activities, according to the latest mid-year report from blockchain…
Paraguayan Justice System Achieves Conviction for Power Theft Crime Linked to Cryptocurrency Mining
16.8.2024
The Paraguayan justice system has reached a milestone by achieving its second conviction related to a power theft crime linked to cryptocurrency mining. Carlos Raul Rojas, the owner of a dwelling where over 1,000 cryptocurrency miners operated, was sentenced to 18 months in prison for causing over...
Malaysian kidnappers abducted Chinese man for $1M USDT: Report
15.8.2024
Six Malaysian nationals, including a couple, have been charged with kidnapping a Chinese citizen and demanding a ransom of $1 million in Tether (USDT)
Binance Security Team Recovers $73 Million in Stolen Crypto Funds This Year
9.8.2024
Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. This achievement highlights the company’s commitment to improving cryptocurrency security. Binance Recovers $73 Million...
DOJ recommends harsher sentences AI-enhanced crimes
7.8.2024
Using AI to plan, commit, or help cover up a plan could lead to harsher sentencing in the US soon
DOJ recommends harsher sentences AI-enhanced crimes
7.8.2024
Using AI to plan, commit, or help cover up a plan could lead to harsher sentencing in the US soon
Australian federal police to probe 2,000 exploited crypto wallets
5.8.2024
Chainalysis’ Operation Spincaster found over 2,000 Australian-owned crypto wallets were hit by “approval phishing” scams
Bill proposes to give Secret Service more power to pursue crypto crime
5.8.2024
Stronger threat assessments are needed to catch “seedy financial enterprises” facilitating money laundering schemes,” US Senator Charles Grassley said
Daytona USA Arcade Cabinet Was Hiding $400,000 And A Gun
30.7.2024
Daytona USA was a hit ‘90s arcade racing game by Sega that helped millions of kids pretend they were bad-ass NASCAR drivers, and sported a famous theme song that certain Kotaku editors still get stuck in their heads to this day. This week, it was discovered that one of the old cabinets was hiding...
4 suspects forced a Bitcoiner to transfer BTC before killing him, police say
30.7.2024
Kyiv Police and the nation’s special police unit have arrested and detained four suspects believed to be responsible for the foreign national’s murder
Crypto Crimes Turn Dark: Bitcoin Greed Causes a Casualty
29.7.2024
Since before Bitcoin and other cryptocurrencies became mainstream investment vehicles, they have been a means of executing cyber crimes. However, crimes affiliated with cryptocurrencies took a new shape this week, which also led to a casualty. Bitcoin Costs This Man More Than Just $70,000 Earlier...
Bill targeting illicit use of crypto passes US House: Law Decoded
29.7.2024
Legislation focuses on preventing illicit cryptocurrency activities while safeguarding consumer choice
Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs
25.7.2024
Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added
2 Promoters of Forcount Crypto Ponzi Scheme Plead Guilty to Wire Fraud Conspiracy
23.7.2024
Two more promoters of the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors out of $8.4 million between 2017 and 2021 – have pleaded guilty to their roles in the scheme
Venezuelan Crime Organization Tren De Aragua Gets Sanctioned by OFAC on Crypto Money Laundering Allegations
18.7.2024
Tren de Aragua (Aragua’s Train), a criminal gang with Venezuelan origins, has been sanctioned by OFAC as a transnational organization engaging in kidnapping, human trafficking, extortion, and other illegal behavior. The U.S. Department of the Treasury also stated that the organization...
Crypto payment service Payeer hit with record $10M fine in Lithuania
10.7.2024
Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks
Cyprus calls for collective crackdown against crypto terror financing
10.7.2024
The alert serves as a reminder of the critical role financial professionals play as gatekeepers in the fight against financial crime
Elliptic exposes $11B scam network via Huione Guarantee
10.7.2024
Elliptic’s report reveals how the Huione Guarantee marketplace facilitated massive money laundering and cyber scams using Tether (USDT) transactions