Search
US Charges Chinese Spies in Scheme to Bribe Government Employee With Bitcoin to Steal ‘Secret’ Documents
26.10.2022
The U.S. has charged two Chinese intelligence officers in a scheme to bribe a U.S. government employee to steal “secret” documents relating to the prosecution of a company in China. The defendants paid the government employee, who is actually a double agent, approximately $61,000...
Crypto Sleuth ZachXBT’s Efforts Lead to Prosecution of Alleged Bored Ape NFT Scammers
13.10.2022
The phishing scam, where people were defrauded out of NFTs worth millions of dollars, was brought to light in August
South Korean Kok Play Token Masterminds Reportedly Face Prosecution Probe, Investors 'Must Escape Now'
19.8.2022
South Korean prosecutors are reportedly set to investigate the company behind an Ethereum (ETH)-based altcoin named Kok Play over allegations of fraud.
The coin is, per its white paper, the brainchild of the Kok Foundation, and has been listed on a number of large international crypto exchanges....
Latvian Artist Threatened With Prison for Money Laundering Through NFTs
26.7.2022
An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs...
Prosecution ‘Investigating Still-Extant South Korean Terraform Subsidiary’, Exchanges Make Self-regulation Proposal
15.7.2022
South Korean prosecutors have reportedly uncovered evidence of an obscure Terraform Labs subsidiary that appears to exist only “on paper.”
Terraform, the company behind the LUNAC token, the UST stablecoin, and the new LUNA coin, shuttered its South Korean businesses back in April. But per...
Brazil Creates Crypto-Dedicated Investigation Unit
5.7.2022
The public prosecution of the Federal District, located in the center-west region of Brazil, has launched its own cryptocurrency investigation unit. The newly formed unit will focus its activities on aiding other prosecutors in cryptocurrency investigations, and also educating consumers about...
Nigerian Court Sentences Crypto Fraudster to One Year in Jail, Accused Given Option to Pay Fine
11.6.2022
A Nigerian court has convicted and sentenced a man to one year in prison who is accused of duping an unsuspecting cryptocurrency investor. On its charge sheet, the prosecution said that the man had contravened Nigeria’s anti-fraud laws and hence should be punished accordingly. Fake...
South Korean Government, Prosecution Turn up the Heat on Do Kwon and Terraform
20.5.2022
South Korean lawmakers and financial regulators are taking aim at Do Kwon (full name Kwon Do-hyeong) and his firm Terraform Labs.
Following the news that three or more separate civil legal cases – each potentially involving hundred of South Korean terra (LUNA) investors – have already been...
Ecuadorian Police Seize Assets of Fortunario Due to Alleged Illegal Money Collection Operations
5.4.2022
The Ecuadorian Police and the prosecution of Ecuador have raided several locations linked to Fortunario Digital Assets, a company that was allegedly making illegal collections of money related to forex and cryptocurrency business. The operation also encompassed the seizure of more than $7 million...
Students Mining Crypto in Dorms May Face Criminal Prosecution in Russia, Lawyer Says
11.2.2022
University students in Russia minting digital currencies in their dormitories risk penalties and even criminal charges, according to a legal expert quoted by local media. The warning comes as Russian authorities are trying to curb crypto mining with cheap energy in residential areas. Mining...
Dutch Authorities Seize Cryptocurrency Worth Over 25 Million Euros
14.11.2021
Dutch authorities have seized more than 25 million euros in cryptocurrencies, including bitcoin and ether, from dozens of suspects in criminal cases. “Cryptocurrencies are widely used as a means of payment for various types of crime,” said the Netherlands’ Public Prosecution...
Dutch Police Seize $33 Million in Bitcoin from Couple Accused of Money Laundering
30.10.2020
Prosecutors from the Netherlands have seized 2,532 bitcoins worth $33 million after a couple was convicted of money laundering by the Rotterdam District Court. The man and his wife were sentenced to two years for illegal money transmission and the court claims the couple’s bitcoin stash...
Two Indicted in Latest Federal Prosecution of SIM-Swapping Crypto Thieves
28.10.2020
One alleged conspirator tried to SWAT the other after he "failed to share" the pair's stolen crypto
Spanish Prosecution Office Investigating Alleged Bitcoin Pyramid Scheme: $1 Billion in Investor Funds Reportedly Missing
7.10.2020
The Spanish Prosecution office says it is investigating Arbistar for allegedly running a bitcoin trading scam with preliminary findings suggesting $1 billion in investors’ funds cannot be accounted for. The disappearance of investor funds has affected 32,000 families that are failing...
Plus Token Leadership Faces Criminal Prosecution in China
22.5.2020
PlusToken main criminal suspect got caught and is now facing local court prosecution
US Department of Justice Is Criminalizing Onchain Privacy, Starting With Mixers
14.2.2020
The American government’s long-running war on privacy escalated this week following the arrest of Coin Ninja’s Larry Harmon on money laundering charges. A Department of Justice statement that “seeking to obscure virtual currency transactions in this way [using mixers] is...
Alleged ‘Dark Overlord’ Hacker Gang Member Extradited to US
20.12.2019
A British national has been extradited to the U.S. for his alleged participation in “The Dark Overlord” hacking group that stole data from several Missouri companies and demanded ransom paid in bitcoin
2 Russian Nationals Charged With Mining Crypto on State Computers
16.12.2019
Two Russian nationals are being prosecuted for allegedly crypto mining on Russian government-owned computer systems, state news agency TASS reported Monday
Chinese City Warns Investors: Crypto Isn’t Blockchain
16.12.2019
One Chinese city has a stern warning for investors: make sure you are not investing in crypto masquerading as blockchain
Tax Expert: IRS Letters Confirm That Trading Cryptos Is a Taxable Event
5.8.2019
The U.S. Internal Revenue Service (IRS) announced on July 26 that 10,000 American cryptocurrency users will receive a letter reminding them to pay taxes or amend any mistakes on past filings. At the time, IRS Commissioner Charles Rettig said U.S. taxpayers should take the warning letters...