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UK’s Crown Prosecution Service Announces First Case Involving Monero Conversion
15.7.2024
Jack Finney has been ordered to forfeit gains from selling a toxic substance marketed as a weight loss drug. The order includes proceeds in monero cryptocurrency and other assets. “This is the first case where we have converted Monero currency into cash,” said Adrian Foster, Chief Crown...
Chainalysis: $100 Billion in Illicit Crypto Funds Traced Since 2019
13.7.2024
Crypto analytics firm Chainalysis has previewed an in-depth report on money laundering within the crypto space, providing insights into tracing illicit funds and advanced identification techniques. The firm discovered that since 2019, nearly $100 billion has been transferred from known illicit...
BitMEX expects ‘no further fines’ for ‘old’ AML violation in US
11.7.2024
BitMEX addresses the DOJ's BSA charge as a past issue, highlighting their compliance improvements and founders' prior penalties
Sentencing for ex-FTX execs set for October, November
9.7.2024
Former FTX executives Nishad Singh and Gary Wang, who both testified at Sam Bankman-Fried’s criminal trial, are scheduled to be sentenced later this year
South Korean government to launch crypto transaction monitoring system
4.7.2024
Crypto exchanges subject to a new South Korean law have implemented a system allowing authorities to receive reports on suspicious transactions
Crypto Theft Mastermind Convicted in US for Home Invasions, Kidnappings, and Robberies
27.6.2024
A Florida man has been convicted in the United States for orchestrating an international scheme that involved violent home invasions aimed at stealing cryptocurrency. The operation targeted victims throughout the country, who were kidnapped and assaulted to gain access to their cryptocurrency...
US State Dept offers $5M reward for OneCoin ’Cryptoqueen’
26.6.2024
Bulgaria’s Acting Prosecutor General said Ruja Ignatova would be charged in absentia, while the FBI listed a $5 million reward for the OneCoin founder
Ex-fintech CEO sentenced to 3.75 years over price manipulation scheme
25.6.2024
A federal judge in Florida recognized the HYDRO token as an investment contract qualifying as a security under SEC guidelines
Mexican Cartels Using BTC, ETH, USDT, Other Tokens to Buy Fentanyl Ingredients: U.S.
20.6.2024
Criminal organizations in Mexico have been using several popular digital assets to buy the materials needed to make the drug fentanyl, according to the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN), which cited the use of bitcoin and other tokens in a Thursday advisory
US prosecutors oppose Ethereum dev’s motion to reduce 5-year sentence
18.6.2024
In April 2022, a judge sentenced Virgil Griffith to 63 months in prison for violating U.S. sanctions on North Korea
FTX victims go after company’s assets from criminal forfeiture
17.6.2024
Though Sam Bankman-Fried is currently serving a prison sentence, affected FTX customers and creditors are making claims on the firm’s assets, which are still worth millions
Crystal Intelligence Report Reveals $19 Billion Lost in Crypto Crimes Over 13 Years
12.6.2024
In a comprehensive new report, Crystal Intelligence, a blockchain analytics firm, details a significant $19 billion in losses due to cryptocurrency crimes over the past thirteen years. The study covers a timeline from June 19, 2011, to March 6, 2024, and delves into the various types of criminal...
Bitcoin is no ‘silver bullet’ for money’s ethical problems
10.6.2024
Both Bitcoin and fiat currency are often in the firing line over ethical concerns, with a dedicated group of defenders and critics
Roger Ver gets bail in Spain, faces extradition to the US
6.6.2024
Early crypto investor Roger Ver, known by many as “Bitcoin Jesus,” was granted bail in Spain but still faces extradition to the U.S. for tax fraud charges
Consensus 2024: Reacting to Trump verdict during crypto conference
4.6.2024
Digital asset regulation and policy were at the center of discussion for many panels at the crypto event when news of Donald Trump’s 34 felony convictions broke
Sam Bankman-Fried is back in NYC prison for his appeal
4.6.2024
The former FTX CEO spent roughly a week at the Federal Transfer Center in Oklahoma City, with many speculating authorities planned to send him to a California prison
Why was Ryan Salame given a sentence longer than prosecutors recommended?
28.5.2024
U.S. authorities had requested a judge impose a sentence of five to seven years on the former FTX Digital Markets co-CEO, but one ordered Ryan Salame to spend 90 months in prison
Former FTX exec sentenced to 7.5 years in prison after guilty plea
28.5.2024
After Sam Bankman-Fried, Ryan Salame is one of the first individuals connected to FTX and Alameda Research to receive prison time
Do Kwon’s extradition to go back to Montenegro High Court after appeal
24.5.2024
Since his arrest in March 2023, Do Kwon has been in Montenegro. He could be extradited to either his native South Korea or the United States to face fraud charges
Ex-FTX CEO ends up in Oklahoma prison despite request from judge
23.5.2024
Records show Sam Bankman-Fried was in the Federal Transfer Center in Oklahoma City, suggesting authorities may still transfer him to a prison in California