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Abkhazia Shuts Down 2 Crypto Farms, Seizes Mining Hardware


Authorities in Abkhazia have closed down two crypto mining farms that have been illegally connected to the power grid. The facilities were minting digital coins in violation of a mining ban imposed by the government to mitigate electricity shortages. Over 80 Mining Rigs Confiscated From Crypto...

IT Specialist Caught Mining Cryptocurrency at Police Headquarters in Poland


Polish police have uncovered a secret crypto mining operation at their headquarters in Warsaw, local media reported. An IT specialist accused of minting digital coins on police computers has been dismissed and the case has been handed over to the Prosecutor’s Office. Polish Police Force Fires...

Police Reveal More Details About ‘USD 60M’ Crypto ‘Scam’


Further details are emerging about an alleged Japanese crypto scam that may have sucked in between 15,000 and 20,000 mainly middle-aged investors. As reported, police in Aichi Prefecture are continuing to investigate a company named OZ Project after officers arrested four men, believed to be...

Police Set New UK Record Seizing £180 Million Worth of Cryptocurrency


Britain’s Metropolitan Police have seized a staggering £180 million in cryptocurrency as part of a money laundering investigation. The announcement comes just weeks after Scotland Yard confiscated £114 million in crypto, breaking the previous record. UK Police Discover £180...

Korean Regulators Want to Police All Int’l KRW Trading Crypto Exchanges


All crypto exchanges must apply for trading permits if they are targeting South Korean investors – no matter where in the world they are based, according to Eun Sang-soo, the head of the South Korean Financial Services Commission (FSC), the top regulator for the financial and crypto industries. As...

NYPD Game Truck Wants Kids To Forget Cops Are Bastards


Over the July 4 weekend, WNYC reporter Gwynne Hogan shared a photo of the New York City Police Department’s latest attempt at community outreach. The largest local law enforcement agency in the United States plans to launch a game truck full of consoles to seemingly entice children into spending...

Scotland Yard Seizes Record £114 Million in Cryptocurrency


British police have carried out U.K.’s largest crypto seizure to date. Detectives working on a money laundering case found a staggering £114 million worth of cryptocurrency in a suspect’s account. Scotland Yard vowed to continue the investigation. UK Makes One of World’s...

Government, Police to Inspect all 60 of South Korea’s Crypto Exchanges


The South Korean financial regulator is to radically step up its monitoring of the crypto industry – with an announcement that it is set to conduct inspections at all 60 of the nation’s crypto exchanges in conjunction with the police and independent IT inspectors. After being accused of dragging...

Iran Seizes 7,000 Bitcoin Mining Machines


Iranian police have reportedly seized 7,000 bitcoin mining machines operating illegally in the country. The machines were found in an abandoned factory west of the capital. 7,000 cryptocurrency mining machines have been seized by Iranian authorities, state news agency IRNA reported Tuesday, noting...

Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining


Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents have disconnected more than 300 mining devices from the grid and fined an operator. Over...

UK Police Lobbying for New Laws Allowing Them to Freeze Cryptocurrencies


UK police are lobbying the government to change the laws to allow them to freeze cryptocurrencies. Scotland Yard detectives say currently account-freezing orders do not apply to cryptocurrency wallets, making it difficult for the police to stop criminals from transferring funds. UK Police Want...

Police Recover ETH 1,360 Stolen from an Exchange in 2018


South Korean police have recovered a bumper haul of ethereum (ETH) tokens stolen from an exchange by hackers in 2018 after a three-year search – and the victims, the trading platform’s customers, are set to be reunited with their coins, which have appreciated in value, despite the recent market...

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