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Report: Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen
8.7.2022
A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The agency alleges that Flutterwave is not providing merchant services as per claims, but is instead...
Crema Finance Hacker Takes USD 1.7M in Bounty, Returns USD 8M
7.7.2022
The hacker who exploited Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has reached a compromise with the decentralized finance (DeFi) protocol to return the majority of stolen funds while keeping some as compensation.
The team announced today that "after...
Spanish Police Spends USD 115K on Crypto Monitoring Technology to Fight Drug Smuggling
6.7.2022
The Spanish police force has announced that it will invest in tech platforms that will help officers catch drug traffickers who make use of cryptoassets.
According to El Español, officers who patrol the Strait of Gibraltar – the waters that wash Morocco, Spain, and Gibraltar – have spent almost...
High-ranking crime fighter to join UK’s FCA as payments and digital assets director
6.7.2022
The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy
Peter Schiff’s Euro Pacific Bank Suspended by Puerto Rico’s Regulator — Schiff Insists No Evidence of Crime
5.7.2022
Peter Schiff-owned Euro Pacific Bank has been suspended by Puerto Rico’s financial regulator. Schiff claims that there’s “no evidence of crimes,” warning that “accounts are frozen and customers may lose money.” Puerto Rico’s Regulator Suspends Peter...
Solana-Powered Crema Finance Loses Almost USD 9M in Flash Loan Attack
4.7.2022
Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has lost over USD 8.7m worth of crypto assets in a flash loan attack that drained its liquidity reserves.
The protocol's official Twitter account confirmed the hack on Sunday and announced the temporary...
FBI Arrests 2 Men Planning ‘Violent’ Robbery of Bitcoin Worth Millions of Dollars — They Face 20 Years in Prison
28.6.2022
The Federal Bureau of Investigation (FBI) has arrested two men who participated “in a violent plan to break into a family’s home in the middle of the night” to steal bitcoin worth tens of millions of dollars,” according to the U.S. Department of Justice. They could go...
Here's How To Add U.S. Supreme Court Justices To Minecraft For No Reason At All
24.6.2022
Minecraft is still one of the biggest games in the world more than a decade after its launch. At the same time, the justices of the United States Supreme Court are all over the news lately. It’s a no-brainer: Let’s put those judges in Minecraft!Read more
SIM Swaps, Other Crypto-related Crimes Set to Rise in South Korea, Says SK
24.6.2022
A South Korean telecommunications giant has claimed that SIM swap-type crypto attacks are on the rise in the country – and has predicted a rise in all crypto-related crime cases in the second half of 2022.
The claims were made by SK Shieldus, part of the SK Group, which owns SK Telecom – one...
Seven Minutes From American Arcadia: It's Like The Truman Show, But They’re Trying To Kill You
23.6.2022
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Popular Meme Coin Dogecoin Used in 'Most Serious' Crimes
23.6.2022
Dogecoin (DOGE), the world's largest meme coin in terms of market capitalization, is being used by illicit actors in the "most serious types of crime," according to a recent report from blockchain analytics firm Elliptic.
The report states that as dogecoin gained popularity as a means...
Chainalysis Launches 24/7 Hotline for Crypto Crime Victims
22.6.2022
Ransomware actors raked in all-time-high of $731 million in crypto payments in 2021 – and 2022 is on track to be another record year for crypto-enabled cyber crime
Elon Musk Faces $258 Billion Lawsuit Over Alleged Dogecoin Pyramid Scheme
17.6.2022
Infamous internet clown and horrible SNL host Elon Musk and his two large companies, Tesla and SpaceX, are facing a ludicrously large $258 billion lawsuit over…uh…Dogecoin. As I’ve said before, 2022 is just a wild year of headlines. Read more
BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation
16.6.2022
Delo was allowed to leave the country to travel to Hong Kong where he is a resident, bringing to a close his part in the legal saga which began in 2020
US SEC Launches Probe into Insider Trading Safeguards of Crypto Exchanges - Report
15.6.2022
The US Securities and Exchange Commission (SEC) has reportedly launched a string of inquiries into the activities of numerous crypto exchanges, striving to determine whether the businesses have adequate safeguards in place to prevent insider trading....
Read More: US SEC Launches Probe into...
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...
Illicit crypto usage as a percent of total usage has fallen: Report
14.6.2022
A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline
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...
Information, AML/CFT steps are key to fighting international digital crime, DOJ report says
8.6.2022
The Justice Department report, mandated by the president executive order on digital asset development, recommends more efforts along the lines already being pursued
Bitcoin Mining Difficulty Ticks Up, Solana's USD 100M Bet, NFT Ticketing + More News
8.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Mining Difficulty Ticks Up, Solana's USD 100M Bet, NFT Ticketing + More News