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Illicit Virtual Asset Use On The Rise, U.S. Treasury Report Reveals


The U.S. Treasury Department is seeing an increase in illicit crypto use according to a Thursday report. The department’s 2024 National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financing report highlights that virtual assets are increasingly used by illicit...

Ransomware Payments Hit Record $1 Billion in 2023: Chainalysis


Criminals made off with a staggering $1 billion in cryptocurrency ransomware payments in 2023, per the latest insights from Chainalysis’ 2024 “Crypto Crime Report.” The report highlights a surge in sophisticated attacks targeting high-profile institutions and critical...

Disney Loses Lawsuit Against Florida Gov. Ron DeSantis


On January 31, a district court in Florida dismissed The Walt Disney Company’s lawsuit against state governor Ron DeSantis. The lawsuit was filed against DeStantis after he and the Florida government took control over a special district last year that contained Disney World.Read more

How To Stop Criminals From Exploiting DeFi, According To Polygon Labs


Polygon Labs – the main developers behind the blockchain scaling network Polygon – published a research paper on Monday explaining how the government should go about regulating the DeFi industry. From the Treasury Department to the U.S. Senate, politicians have been loudly criticizing crypto’s...

Interpol Publishes Report on Crime in the Metaverse


The International Criminal Police Organization, known as Interpol, has issued a report that examines the metaverse from a law enforcement perspective. The report considers illegality in the metaverse, including metacrime, metaverse forensics, governance, and the opportunities it presents for using...

PUBG Publisher Sued For Sexual Assault, Wrongful Termination


PUBG publisher Krafton Inc. has been named in a wrongful termination and sexual assault lawsuit, which was filed in Los Angeles on December 7, 2023 by a 31-year-old unnamed former employee who alleges she was fired shortly after reporting the incident to upper management at the company.Read more

Ransomware and Darknet Markets Top List For Most Prominent Crypto Crimes


A new report from blockchain analysis firm Chainalysis found that crypto related crimes decreased in 2023. While notable, findings also show that ransomware and darknet market activity involving cryptocurrency increased considerably. Eric Jardine, cybercrime research lead for Chainalysis, told...

Interpol Says The Metaverse is Vital to the Future of Law Enforcement


The metaverse can be wielded as a crucial tool in the hands of law enforcement agencies for training, crime prevention, and forensic analysis according to a new document released by Interpol. The report by the international organization seeks to delve into the possibilities of the metaverse...

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