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UK Regulator Descends Upon Illegal Crypto ATMs in Latest Raid


The UK’s financial regulator, along with local police, descended upon illegally operated cryptocurrency automatic teller machines (ATMs) as part of a continued crackdown. The Financial Conduct Authority inspected sites in Exeter, Nottingham and Sheffield to stop the illegal activity, the regulator...

Legal Twist Let South Korean Treasury Make $3.7m from Seized Crypto


A legal twist allowed the South Korean Treasury to make a large profit on crypto seized by law enforcers in 2018 – and liquidated while Bitcoin (BTC) was trading for just under $40,000. Recently published legal documentation shows that the Busan District Prosecutor’s Office seized coins “worth...

The 9 Worst Reasons We Haven’t Finished A Game


Did you know most people don’t actually finish video games? A game like Elden Ring can sell 20 million copies, but if you look at the trophy completion percentage, only a little under half of the people who bought the game on PlayStation actually saw it through to the end. There are a lot...

Canadian Police Launch Cryptocurrency Investigations Center


The police service of the Canadian city of Calgary is launching a Cryptocurrency Investigations Centre in partnership with blockchain analytics firm Chainalysis to help combat crypto crime. The center “will enable law enforcement to tackle crime that takes place using blockchain technology,”...

Silk Road Hacker Sentenced to a Year in Prison for Wire Fraud


On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more than 50,000 bitcoin from the darknet marketplace...

MMO Players Take Over Company, Steal $20,000 Worth Of Stuff


EVE Online is, for some, a video game they play. For the rest of us it’s a crime beat, an MMO we only ever read about when someone does something nefarious, and today’s coverage of the game is another shining example in the genre.Read more

22nd Annual Canadian Forum on Anti-Money Laundering and Financial Crime


June 7-8, 2023 | Toronto The Canadian Institute (CI) is excited to announce the return of the 22nd Annual Canadian Forum on Anti-Money Laundering and Financial Crime. This flagship event brings together Canada’s prominent regulators, and industry thought leaders from the financial institution...

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