Crime

Brazilian Police Seize $28.8M in Crypto: Report

The investigation, dubbed “Operation Kryptos,” involved an alleged financial pyramid scheme.

News  ·  26 August 2021

Ex-Manchester United Player Charged With Crypto Fraud

Retired Brazilian midfielder Anderson is one of eight people alleged to have been involved in a R$35 million ($6.5 million) money laundering operation.

People  ·  24 August 2021
Crime

Sweden’s Government Forced to Return $1.5M in Bitcoin to Drug Dealer: Report

That's the difference in value since the time of the dealer's prosecution while he was in jail.

News  ·  20 August 2021
DeFi

Poly Network Attacker Threatens to Delay Return of Funds

"WHAT A FUNNY GAME," the Poly Network attacker wrote into a transaction on the Ethereum blockchain.

News  ·  18 August 2021
DeFi

Poly Network Hack Not Over as Attacker Prolongs Return of Funds

The attacker now says they are considering accepting the $500,000 bounty offered by Poly Network as a reward for returning the funds, and using it to pay anyone else who can hack the DeFi site.

News  ·  16 August 2021
Ethereum

Ethereum Developer Virgil Griffith Back in Jail in the US

He is charged with helping North Korea circumvent sanctions through the use of crypto.

News  ·  21 July 2021
Crime

Hong Kong Arrests 4 in Alleged $155M Crypto Money-Laundering Scheme: Report

Customs authorities say the alleged money laundering syndicate charged criminal clients a commission of 3% to 5%.

News  ·  15 July 2021
Crime

South Korean Prosecutors Indict Former Bithumb Chairman in $100M Fraud Probe

Lee Jung-hoon allegedly took the funds from BK Group owner Kim Byeong-gun as an upfront "contract fee" in acquisition negotiations.

News  ·  7 July 2021
Crime

UK Police Seize Cryptocurrency Worth Almost $160M in Money Laundering Probe

The seizure was made based on intel regarding the transfer of criminal assets, a statement from the police read.

News  ·  24 June 2021
Regulation

Founders of South African Crypto Investment Firm – and $3.6B in Bitcoin – Are Missing

Africrypt investors were told not to inform police of the purported hack because it could slow the recovery of their funds.

News  ·  24 June 2021
Crime

Major Law Enforcement Operation Busts 300 Crime Rings, Recovers Millions in Crypto

The operation used intelligence gathered from an encrypted service developed by the FBI and Australian police.

News  ·  9 June 2021
Crime

UK Police Raid Suspected Cannabis Factory, Find Bitcoin Mining Operation

“It’s certainly not what we were expecting!" one of the officers said.

Policy & regulation  ·  28 May 2021
Crime

Uphold Exec Accused of ‘Fraudulently Misdirecting’ $700K in Funds

Uphold's former chief compliance officer allegedly misdirected corporate and user funds. He denies the claim, though a private investigator says there may be more.

Business  ·  21 May 2021
Crime

Iran Enlists Its Intelligence Agency to Crack Down on Illegal Crypto Mining

The Iranian government is attempting to trace illegal crypto-mining operations to reduce the strain on the country’s electricity supply.

News  ·  21 May 2021
Crime

Buyer of Jack Dorsey’s First Tweet Reportedly Arrested in Iran

Although Iranian officials confirmed arresting members of Estavi’s company, it is unclear if the Malaysia-based businessman was one of those detained.

News  ·  17 May 2021