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Forex and Crypto Investment Fraud Busted in Malaysia, Ten Arrested and Millions Seized
24.5.2024
Malaysian authorities have dismantled a forex investment fraud and cryptocurrency syndicate that had been operating in the country.
The post Forex and Crypto Investment Fraud Busted in Malaysia, Ten Arrested and Millions Seized appeared first on Cryptonews
ESET And Dutch Police Uncover Ebury Botnet’s Crypto Theft Operation
23.5.2024
The Dutch authorities and Slovakian cybersecurity company ESET discovered a significant cryptocurrency theft connected to the infamous Ebury botnet. This botnet poses a serious threat to the industry because it has hacked more than 400,000 systems in the last 15 years.
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US authorities will transfer SBF to California prison: Report
22.5.2024
The former FTX CEO has been housed in a cell at the Metropolitan Detention Center in Brooklyn since a judge revoked his bail in August 2023
Darknet Drug Dealer ‘Pharaoh’ Accused of Facilitating $100M in Crypto Sales Arrested in New York
21.5.2024
Taiwanese national and darkweb drug dealer Rui-Siang Lin, who allegedly made more than $100 million in cryptocurrency sales of illegal narcotics, has been arrested by U.S. authorities.
The post Darknet Drug Dealer ‘Pharaoh’ Accused of Facilitating $100M in Crypto Sales Arrested in...
Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis
19.5.2024
The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have seized over 11,000 bitcoin miners as the government seeks to reduce the power usage from high-power customers siphoning energy from the national electric...
US Authorities Arrest Chinese Nationals Allegedly Behind Crypto Scam Network
19.5.2024
An indictment unsealed in the Central District of California charges two Chinese nationals, Daren Li and Yicheng Zhang, with leading a scheme to launder at least $73 million tied to an international crypto investment scam, often known as “pig butchering.” Li and Zhang allegedly...
Feds bust $73M crypto scam, arrest two masterminds
18.5.2024
The scammers convinced victims to transfer millions of dollars into these U.S. bank accounts, which were then used to launder the illicit funds
Binance Collaborates with Taiwan to Resolve Multi-Million Crypto-Assisted Money Laundering Case
17.5.2024
Binance has teamed up with Taiwan's authorities to solve a significant case involving cryptocurrency-assisted money laundering.
The post Binance Collaborates with Taiwan to Resolve Multi-Million Crypto-Assisted Money Laundering Case appeared first on Cryptonews
Global Banking Authorities Extend Crypto Regulatory Framework Deadline
15.5.2024
The Group of Central Bank Governors and Heads of Supervision (GHOS) has reviewed the implementation of Basel III reforms and postponed the crypto asset standard implementation date to January 1, 2026. Basel III, finalized in 2017, continues to see widespread adoption, with two-thirds of member...
KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance
15.5.2024
Kucoin has made the decision to suspend all naira-based P2P trading in response to increased scrutiny from Nigeria's regulatory authorities.
The post KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance appeared first on Cryptonews
Brazil Upholds Crypto Donations Ban for Political Parties and Candidates
15.5.2024
Brazilian authorities have upheld a ban on the use of crypto donations to fund political parties and candidates’ electoral campaigns in the country.
The post Brazil Upholds Crypto Donations Ban for Political Parties and Candidates appeared first on Cryptonews
Report: Russian Authorities Propose Steep Fines for Crypto Miners Operating in Residential Apartments
14.5.2024
Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also consider including amendments to the Code of Administrative Offenses which imposes liability on those misusing electricity. Proposed Measures...
Elaborate Elon Musk deepfake crypto fraud uncovered in Hong Kong
8.5.2024
A fraudulent crypto exchange platform used AI-generated videos of Elon Musk and misleading information to promote crypto trading services
Six Arrested in Connection with Austrian Crypto Fraud Scheme, €2M Worth of Assets Frozen
8.5.2024
A joint operation involving national authorities from Austria, Cyprus, and the Czech Republic has led to the arrest of six individuals connected to an online scam related to the sale of rights or tokens for a supposed new cryptocurrency.
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Worldcoin Hopes to Resolve ‘Differences’ with Argentinian Authorities
8.5.2024
Worldcoin officials want to smooth out their “differences” with Argentina regulators, with Tools for Humanity CEO Alex Blania visiting President Javier Milei’s advisors this week.
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Indonesian Authorities Bust Synthetic Marijuana Lab Supported by Crypto
7.5.2024
The syndicate had been operating for six months before being apprehended last week
US Authorities Charge Man in Connection With $43 Million ‘Classic’ Ponzi Scheme
4.5.2024
U.S. authorities have charged a man they accuse of operating a Ponzi scheme, which purported to invest in a cryptocurrency trading enterprise. The operator of the scheme is accused of defrauding investors of at least $43 million. FBI Assistant Director James Smith said the actions of Idin Dalpour...
ZKasino scam suspect arrested, $12.2M seized by Dutch authorities
3.5.2024
Authorities seized $12.2 million worth of digital assets, real estate, and luxury cars during the arrest
India and US Team Up To Tackle $360M Crypto-Funded Drug Ring
30.4.2024
Indian and US authorities teamed up in a search operation in Uttarakhand to uncover a $360 million crypto-funded drug ring.
The post India and US Team Up To Tackle $360M Crypto-Funded Drug Ring appeared first on Cryptonews
Thailand Authorities Seize Over $5M Worth of Crypto Mining Devices in Electricity Theft Investigation
29.4.2024
Thai authorities recently cracked down on a crypto mining operation suspected of stealing electricity. The raid in Samut Sakhon and Ratchaburi netted over 650 mining devices valued at more than $5m.
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