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South Korean Police Swoop on Suspected Crypto Scam, Arrest 25


South Korean police have shut down a firm at the center of a suspected crypto scam that allegedly duped 4,000 people out of their funds, arresting 25 people. Per Maeil Shinmun, the firm is thought to have amassed almost $14 million worth of fiat and crypto from its customers, with suspects detained...

Former Three Arrows Capital Executive Su Zhu Arrested in Singapore


Su Zhu, a founding member of the now-insolvent Three Arrows Capital, was apprehended in Singapore at Changi Airport on Friday, as per the firm’s liquidator, Teneo. Zhu received a four-month prison sentence for failing to cooperate in the bankruptcy proceedings, Teneo revealed. Crackdown...

Bitboy Ben Armstrong Arrested During Live Stream Over Stolen Lambo


Crypto influencer Ben ‘Bitboy’ Armstrong has been reportedly arrested while livestreaming his attempt to confront a former business partner. Excerpts from the Youtube video released on social media show him explaining to police the reasons for his deed, including the alleged theft of...

Today in Crypto: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US DoJ Asks Sam Bankman-Fried's 'Bail be Revoked and Defendant be Detained'


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US...

Brazil: Suspected Braiscompany Crypto Fraudsters Detained in Argentina


Three suspected Brazilian crypto fraudsters have been detained while trying to flee to Argentina – as police continue to probe the troubled Braiscompany. In March, a number of suspected employees were filmed apparently emptying the firm’s São Paulo premises under cover of night. In May, police...

Trust Reserve Stablecoin Team Detained in China: PANews


A Trust Reserve stablecoin team was detained by police in China on May 29, according to PANews.  The news outlet reported that the team “had been taken away by the police and detained, and the family members of some employees had been notified.” The office in Shanghai was vacant and had a seal...

Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia


A British national wanted with a red notice from Interpol for consulting North Korea on cryptocurrencies has been detained in Moscow. U.S. authorities allege that the man helped the regime in Pyongyang to bypass sanctions using digital assets. U.K. Citizen Sought by U.S. for Violating North Korea...

Bitzlato Co-Founder Anton Shkurenko Arrested in Russia, Report


Russian authorities have reportedly arrested the second co-founder of seized cryptocurrency exchange Bitzlato. The man, who recently promised to restore the platform’s operations from Russia, was detained at the request of Interpol and may face extradition to France. Another Co-Founder...

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