Search
Regulators in Japan, South Korea Want to Police Stablecoins
9.12.2022
The top Japanese financial regulator has stated that it intends to police “algorithmic stablecoins.” And the South Korean central bank also wants the power to regulate fiat-pegged tokens....
Read More: Regulators in Japan, South Korea Want to Police Stablecoins
Ukrainian Tailor’s Shop a Front for Illegal Crypto Mining Farm
7.12.2022
A tailor’s shop in Kovel, Ukraine, has been exposed as a front for an illegal crypto mining operation. Its masterminds connected their rigs to the local power grid – and stole electricity to power their efforts....
Read More: Ukrainian Tailor’s Shop a Front for Illegal Crypto Mining Farm
South Korean Police, Prosecutors Quadruple Spending on Crypto Monitoring Tools
1.12.2022
South Korean police and prosecutors have quadrupled the amount of money they are spending on crypto monitoring tools in the past 12 months.
Per Chosun Ilbo, law enforcers have spent some $2.4 million on crypto monitoring software and crypto-specific training for officers in the past year. Last...
Brazilian Government Wants to Police Crypto and Train Prosecutors to Deal with Scams
30.11.2022
Brazil’s government will look to tighten its policing of the nation’s crypto sector. It has created a “working group” composed of top lawyers and prosecutors who have been tasked with drafting proposals for legal reform.
In an official announcement, the Public Ministry’s policy-making National...
Japanese Regulator Suggests it May Be Preparing to Police DeFi
28.11.2022
The top Japanese financial regulator has given a hint that it may be preparing to attempt to police the decentralized finance (DeFi) sector.
The Financial Services Agency (FSA) issued a call for DeFi players to take part in a “fact-finding survey” on the sector.
The FSA wants to “research”...
Billionaire Bill Ackman Discusses Crypto Regulation — Says Industry Must Self-Police or Risks Being Shut Down
28.11.2022
Billionaire Bill Ackman has warned that the crypto industry needs to self-police or it risks being shut down. He added that regulators need more resources to police the bad actors in the crypto space and will likely take years to catch up. Bill Ackman on Crypto Regulation and the Need for Industry...
South Korean Man Who Bought Drugs with Bitcoin Given Jail Sentence
25.11.2022
A South Korean man was handed a host of punishments after a court found him guilty of buying narcotics online – using bitcoin (BTC).
News1 reported that the man, aged 43 but unnamed for legal reasons, was convicted by a branch of the Chuncheon District Court Criminal on charges of violating drug...
Today in Crypto: FTX Miniseries on Prime Video, Hodlnaut Under Police Investigation, Cardano-Based Ardana Stops Development
24.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: FTX Miniseries on Prime Video, Hodlnaut Under Police Investigation, Cardano-Based Ardana Stops Development
Crypto lender Hodlnaut reportedly faces police investigation in Singapore
24.11.2022
Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million
Aussies warned to avoid crypto paper wallets they find on the street
24.11.2022
Fraudsters have reportedly been leaving fake crypto paper wallets in public places as part of a scam to dupe Australians out of their crypto
Estonia, US Arrest 2 Suspects in $575 Million Crypto Fraud Scheme
23.11.2022
Law enforcement officers from Estonia and the United States have arrested two men for allegedly committing a large-scale cryptocurrency fraud. The Estonian nationals, who ran a crypto mining service and a fake virtual currency bank, laundered their proceeds, spent on cars and real estate,...
Singapore police warn investors against FTX phishing scams: Report
19.11.2022
FTX has an estimated $8 billion hole in its balance sheet. Investors desperate to get their money back are being targeted by phishing scams
South Korean Police Probe Crypto Mining Outfit on ‘Ponzi Scam’ Suspicions
16.11.2022
South Korean police officers are investigating a crypto mining firm that allegedly failed to pay back its investors – after promising them monthly returns of up to 12%....
Read More: South Korean Police Probe Crypto Mining Outfit on ‘Ponzi Scam’ Suspicions
Bahamas Police Launch Investigation into FTX Conduct, Looking For ‘Criminal Misconduct’
14.11.2022
Police in the Bahamas has launched an investigation into the crypto exchange FTX, and is actively looking for evidence of whether “criminal misconduct” has occurred.
Per a tweet from the Royal Bahamas Police Force published on Sunday, a team of financial investigators from the Force’s Financial...
Ukraine’s Cyberpolice Expose Members of Crypto Fraud Scheme Making €200 Million a Year
14.11.2022
A report shows Ukrainian Cyberpolice identified members of a group that defrauded people around the world through fake crypto investment offers. The criminal organization maintained offices and customer service centers with thousands of employees in a number of European countries. Cyberpolice...
Cop 'Discharged' For Trying To Scam Store Out Of $400 Worth Of Pokémon Cards
14.11.2022
A former officer of the Johnson County Sherriff’s office in Kansas has had his police license revoked after he was caught trying to short-change a store out of nearly $400 worth of Pokémon cards.Read more
Royal Bahamas Police Force Reveals FTX Is Being Investigated for ‘Criminal Misconduct’
13.11.2022
“A team of financial investigators” are currently investigating the now-defunct crypto exchange FTX, the Royal Bahamas Police Force said in a statement shared on Sunday. The police noted that the financial investigators were searching to see if “any criminal misconduct occurred.” Bahamas...
Leaked Documents Show Facebook and Twitter Working Closely With DHS, FBI to Police Disinformation: Report
2.11.2022
The U.S. Department of Homeland Security (DHS) and the Federal Bureau of Investigation (FBI) are reportedly working closely with major social media platforms, like Facebook and Twitter, to police “disinformation.” Leaked documents further show their plans to expand censorship. Leaked...
MakerDAO co-founder Nikolai Mushegian dies at 29 in Puerto Rico
1.11.2022
Mushegian was an important figure in the crypto community, contributing to multiple projects, including MakerDAO, BitShares and Balancer
S Korean Police Shut Down $472,000 Group Chat-based Crypto Fraudsters
1.11.2022
South Korean police say they have arrested the ringleaders of a $472,000 crypto fraud gang that made use of the group chat function on a social media app to lure in unsuspecting victims.
MBN Money reported that the Incheon Metropolitan Police Agency explained that it had arrested three men...