Crime

Exchanges

Criminal Case Against Failed WEX Crypto Exchange Points at Russian Law Enforcement

The administrator of failed crypto exchange WEX has reportedly told Russian police that he was forced to hand over users' holdings to the FSB.

Policy & regulation  ·  15 November 2019
Exchanges

Chainalysis Says BitForex Trading Volumes Could Be Fake

The BitForex exchange could be faking its bitcoin trading volume, according to a report by Philip Gradwell, chief economist at Chainalysis.

Policy & regulation  ·  15 November 2019
Crime

Ukrainian Railways Branch Caught Mining Crypto With State Power

The Lviv branch of Ukrainian Railways has been caught red-handed diverting company electricity to mine bitcoin.

Policy & regulation  ·  15 November 2019
Europe

OneCoin Founder’s Brother Faces 90-Year Jail Term After Plea Deal

The brother of OneCoin's infamous "Cryptoqueen," Konstantin Ignatov has reached a plea deal with U.S. authorities.

Markets  ·  14 November 2019
Cryptocurrency

FBI Director: Cryptocurrency Is ‘Significant Issue’ for Law Enforcement

Christoper Wray said crypto is becoming a "bigger and bigger" issue for the agency in a Senate hearing with Mitt Romney.

Policy & regulation  ·  8 November 2019
Crime

Silk Road Seller Pleads Guilty to Money Laundering $19 Million With Bitcoin

Brian Haney, a former narcotics trafficker, pled guilty to charges that he laundered $19 million in bitcoin on Silk Road.

Policy & regulation  ·  8 November 2019
Cryptocurrency

Russia Wants to Be Able to Seize Cybercriminals’ Bitcoin

Russian regulators will begin developing proposals for legislation allowing confiscation of crypto assets seized in crime investigations.

Policy & regulation  ·  7 November 2019
Hacking

North Korea Set Up a Blockchain Firm to Launder Crypto to Cash: UN

North Korea set up a Hong Kong blockchain firm in a bid to to launder stolen cryptocurrency and avoid sanctions, the UN has reportedly said.

Policy & regulation  ·  6 November 2019
Crime

ATM Coin Founders Ordered to Pay $4.25 Million for Fraud

A U.S. court fined the team and firms behind ATM Coin for fraud and misappropriation of client funds in a case brought by the CFTC.

Policy & regulation  ·  5 November 2019
Exchanges

Bittrex Target of Latest $1 Million Crypto SIM Hack Lawsuit

Gregg Bennett had never heard of SIM swapping before. Then, one night in April, he learned in the worst way one can.

Policy & regulation  ·  4 November 2019
Regulation

Reggie Middleton Reaches $9.5 Million SEC Settlement Over Alleged ICO Fraud

The U.S. Securities and Exchange Commission has reached a $9.5 million settlement stemming from the Veritaseum initial coin offering.

Policy & regulation  ·  1 November 2019
Regulation

Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers

Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday.

Policy & regulation  ·  28 October 2019
Hacking

AT&T Responds to Crypto Exec’s SIM Swap Suit: See You in Court

The loss highlights an obvious question for security experts, who wondered why an experienced crypto executive would keep such high sums online.

Policy & regulation  ·  28 October 2019
Europe

Crypto Capital Principal Indicted on Fraud, Confirming Bitfinex Allegations

Crypto Capital's Oz Yosef has been indicited on three criminal acts, confirming statements made by Bitfinex Friday.

Policy & regulation  ·  27 October 2019
Crime

Another AT&T SIM Swapping Hack Targets Trio of Crypto Execs

Another crypto executive is suing AT&T over a SIM swapping hack that he claims cost him $1.7 million in digital assets.

Policy & regulation  ·  26 October 2019