Crime

Crime

Finnish Authorities Have $15M in Seized Bitcoin but Don’t Want to Sell It

Finland's confiscated bitcoin horde is now worth more than $15 million.

Policy & regulation  ·  26 February 2020
Crime

Officials Arrest US Resident for Allegedly Laundering Drug Proceeds With Crypto

A "large-scale" money laundering organization is allegedly using cryptocurrency to wash the proceeds from drug sales, according to a DEA agent's complaint.

News  ·  20 February 2020
Crime

Ohio Resident Charged With Laundering $311M in Bitcoin for AlphaBay

Ohio resident Larry Dean Harmon, 36, has been charged with laundering more than $300 million in bitcoin for darknet marketplace AlphaBay.

News  ·  12 February 2020
Crime

Silk Road Operator Pleads Guilty to 1 Charge of Conspiracy

Roger Clark, an alleged operator behind the Silk Road darknet site arrested in 2015, has pleaded guilty to one charge of conspiracy to distribute narcotics.

News  ·  31 January 2020
Crime

France Charges Alleged BTC-e Operator Alexander Vinnik Following Greek Extradition

French prosecutors have charged Vinnik on counts of extortion, aggravated money laundering, conspiracy and more.

Policy & regulation  ·  29 January 2020
Bitcoin

British Court Freezes $860,000 in Bitcoin Linked to Ransomware Payout

The victim firm in the ransomware attack had paid $950,000 in bitcoin to the perpetrator through an insurance company. Much of it ended up on Bitfinex.

News  ·  28 January 2020
Crime

Bad Actors Rent Hashing Power to Hit Bitcoin Gold With New 51% Attacks

The two attacks last Thursday saw over $87,000 in the cryptocurrency double spent.

Tech  ·  27 January 2020
Crime

Popular Korean Crypto YouTuber Badly Beaten After Threats From Angry Investors

A South Korean crypto YouTuber has been assaulted at his home, soon after threats to his company's staff from investors.

News  ·  10 January 2020
Regulation

US Lawmakers Call on Communications Regulator to Tackle SIM-Swapping Crime

Democrat lawmakers are demanding that the FCC takes action to tackle the rise in SIM swapping attacks.

Policy & regulation  ·  10 January 2020
Crime

US Citizen Accepting Bitcoin for Narcotics Indicted by DOJ

Joanna De Alba "dispensed heroin and methamphetamine from the shadowy corners of the internet," said U.S. Attorney Richard P. Donoghue.

News  ·  3 January 2020
Crime

Alleged BTC-e Operator Alexander Vinnik to Be Extradited to France: Reports

Alleged BTC-e exchange operator and money launderer Alexander Vinnik is finally being extradited to France, say reports.

News  ·  20 December 2019
Regulation

Netherlands Plans to Punish Crypto Scammers With Up to 6 Years in Jail

The Dutch government is about to get tougher with fraudulent schemes involving banking apps and cryptocurrencies.

Policy & regulation  ·  12 December 2019
Brazil

Brazilian Police Bust Alleged Crypto Fraud That Cost Investors $360M

Brazilian police have shut down a purported bitcoin investment scheme they allege stole 1.5 billion Brazilian reals.

News  ·  9 December 2019
Crime

Exec Embezzles $22M From ‘Influencer’ Marketing Firm, Spends Nearly Half on Crypto Gambling

A U.S. man has pleaded guilty to having embezzled millions from his former employer and splashing the funds on personal expenses and crypto-funded online poker.

News  ·  25 November 2019
Regulation

Brooklyn ICO Promoter Sentenced to 18 Months in Federal Prison

The fraudster used diamonds and real estate to whisk away $300,000 in other people's money in 2017.

Policy & regulation  ·  18 November 2019