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Fraud-Accused South African Bitcoin Trader to Turn Himself Over to Police: Report
19.10.2021
Sandile Shezi, the young South African bitcoin trader who is facing fraud charges, has denied allegations he scammed shareholders in his Global Forex Institute. Shezi: Shareholders Signed Up for Education, Not Investments Despite his rejection of the allegations, a spokesperson for...
National Police in Spain Warn of Surge in Cryptocurrency-Related Scams
19.10.2021
The National Police have issued a warning for a wave of cryptocurrency-related investment scams in Spain. The amount that has been lost in these kinds of investments recently is €240,000 related to just two complaints. However, there has been a rise in the complaints presented by citizens...
Deep Web Confusion: Ostensible Alphabay Admin ‘Desnake’ Claims the Darknet Market Has Returned
14.10.2021
In mid-July 2017, the largest darknet marketplace (DNM) Alphabay went dark and patrons didn’t know if the administrators were busted by law enforcement or if it was an exit scam. Not too long after the site went dark, law enforcement disclosed that an organized police task force, from...
South Africa Police Issue Arrest Warrant for Fraud-Accused Crypto Trader
12.10.2021
Reports from South Africa say the country’s police have now issued a warrant for the arrest of Sandile Shezi, a 29-year-old cryptocurrency trader. The warrant was issued after one Allan Ledwaba, an investor with Shezi’s Global Forex Institute, accused the cryptocurrency trader...
FBI Works With Europol to Arrest Ransomware Gang, $1.3 Million in Cryptocurrencies Seized
6.10.2021
A coordinated strike involving Europol, Interpol, and the U.S. Federal Bureau of Investigation (FBI) has led to the arrest of two “prolific” ransomware operators allegedly responsible for ransom demands of up to 70 million euros. In addition, $1.3 million in cryptocurrencies were...
BitOasis crypto exchange to help Dubai Police spread fraud awareness
4.10.2021
BitOasis has partnered with the Dubai Police Force to establish safety regulations around crypto investments in the region, according to the exchange's CEO
London College Student Robbed at Knifepoint by 8 Thugs for $93K in Bitcoin
26.9.2021
Recently a student from the University of Kent in London was robbed at knifepoint for his bitcoin. After eight thugs stormed his dorm room and demanded that he reveal his crypto credentials and passwords, the student was forced to leave the campus and he moved back home. Freshmen College Student...
Poland Confirms Arrest of Former Wex Exchange Executive in Warsaw
21.9.2021
Reports of the detention of Dmitry Vasiliev, ex-head of the bankrupt cryptocurrency exchange Wex, have been confirmed by authorities in Poland. The former executive of the platform, allegedly involved in the theft of funds worth millions of dollars, faces possible extradition to Kazakhstan....
Russian Police Arrest 2 Women, High-Ranking Members of Finiko Crypto Pyramid
11.9.2021
Law enforcement in the Russian republic of Tatarstan have made new arrests in connection with the crypto Ponzi scheme Finiko. Two women detained this week are believed to have attracted millions of dollars to the pyramid. The now collapsed Finiko lured investors from a number of countries in...
South Korean Police Forces to Form Dedicated Crypto Teams
9.9.2021
://www.edaily.co.kr/news/newspath.asp?newsid=03857286629178152">Per EDaily and Money Today, the National Police Agency confirmed that it had sent letters to 18 larger local forces, tel
Top Finiko Crypto Pyramid Executive Arrested in Russia’s Tatarstan
9.9.2021
A high-ranking representative of Russia’s notorious Finiko Ponzi scheme has been arrested in Tatarstan. Ilgiz Shakirov, a businessman from Kazan, rose to the rank of vice president of the crypto pyramid which is believed to have defrauded millions of investors in the Russian Federation...
Taiwan police arrest 14 suspects for scamming over 100 crypto investors
7.9.2021
The Criminal Investigation Bureau has charged the suspects with fraud, money laundering and breaches of the Organized Crime Prevention Act
Sunacrip and Venezuelan Intelligence Police Issue Warning on Cryptocurrency Scams
6.9.2021
Sunacrip, the Venezuelan cryptocurrency watchdog, and the Intelligence Police (CICPC) issued a warning for the general population about cryptocurrency scams. The institutions gave a series of recommendations to avoid being scammed by cryptocurrency Ponzi schemes involving the national...
Legalized Theft: Police Seize $87,000 From Former Marine but Don’t Charge Him With a Crime
2.9.2021
A recently published report that went viral across social media details how a former U.S. Marine, Stephen Lara, was pulled over by police and was suspected of being a drug trafficker. Police then searched Lara’s vehicle and subsequently took $87,000 in cash from a bag kept in Lara’s...
El Salvador police arrested and released Bitcoin detractor without a warrant
1.9.2021
The National Civil Police later released a statement saying Mario Gómez’s detainment was related to an investigation for financial fraud
Seychelles Law Enforcement Receives Request to Probe Transfer of 230K Onecoin Bitcoins
1.9.2021
The Seychelles Police Financial Crime Investigation Unit (FCIU) recently confirmed receiving a request for an investigation into several transactions linked to the transfer of 230,000 bitcoins. The cryptocurrency is said to be associated with pyramid scam Onecoin. Onecoin Loot in Dubai Besides...
Mining Hardware Thief Gets 3-Year Sentence in Russia
30.8.2021
Russian authorities have investigated a number of cases involving the theft of crypto mining equipment in the past months. A resident of Yaroslavl has just been found guilty of stealing mining hardware worth over $20,000 and sentenced to three years in prison. Russian Convicted of Stealing Mining...
Dogecoin Scam Investigated in Turkey After Founder Allegedly Stole 350 Million DOGE From Investors
29.8.2021
Turkish police have launched an investigation into a dogecoin investment scheme that has allegedly duped 350 million dogecoins from about 1,500 investors. Dogecoin Scheme Dupes Investors in Turkey The chief public prosecutor’s office of Küçükçekmece, a suburb of Istanbul...
'Surveillance state': Australian police given sweeping new hacking powers
27.8.2021
Legislation dramatically expanding the hacking capabilities of Australian authorities investigating suspected cybercriminals has been passed through the country’s Senate
NYPD Sends Helicopter After Graffiti Artist Over Super Mario Bros. Piece
27.8.2021
The New York Police Department, in a stunning misuse of public funds and resources, has sent in a helicopter, ‘dozens’ of officers and blocked off streets, all so they could corner and apprehend a single graffiti artist who was painting a Super Mario Bros. question block on the front of a water...