Crime

Crime

German Police Seize Second Crypto-Fueled Cyberbunker

A "bulletproof hosting" service that used crypto to buy and sell contraband has been shut down.

Markets  ·  30 September 2019
Exchanges

Binance Helped UK Police Investigate Criminal Involved in $50 Million Fraud

The exchange said it helped British police bust a cybercriminal who sold phishing tools that resulted in the theft of millions of pounds.

Policy & regulation  ·  27 September 2019
Crime

US House Passes Bill for FinCEN to Study Blockchain Use

The House of Representatives passed legislation calling for FinCEN to study its use of “innovative technologies” — including blockchain.

Policy & regulation  ·  24 September 2019
Crime

For Desperate Mt Gox Victims, Long-Shot Bitcoin Deal Beats Endless Wait

Some Mt. Gox creditors have signed on to a law firm’s unorthodox proposal to recover their bitcoin, but many are skeptical about its motives. 

Policy & regulation  ·  24 September 2019
Crime

SEC Charges Adult Entertainment Token Platform With 2017 ICO Fraud

The U.S. SEC has charged the CEO of an online adult entertainment marketplace with running a fraudulent initial coin offering scheme.

Policy & regulation  ·  24 September 2019
IRS

CipherTrace Scout App Takes Crypto Investigations Mobile

Blockchain forensics firm CipherTrace has developed a mobile tool for flagging bitcoin and ethereum tokens with a criminal past.

Policy & regulation  ·  20 September 2019
Ethereum

DOJ Brings Extortion Charges Against Early Advisor to Ethereum, tZero

U.S. law enforcement has charged an early supporter of the ethereum project and former advisor to Overstock’s tZero with extortion.

Policy & regulation  ·  18 September 2019
Hacking

Cybercriminals Selling Hacked Fiat Money for Bitcoin at 10% of Its Value

Dark market sellers are offering fiat cash for bitcoin at heavily discounted prices, but there's a catch.

Policy & regulation  ·  13 September 2019
Crime

$2 Billion Lost in Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims

A Russian law firm says it can help Mt Gox creditors recover up to $2 billion worth of bitcoins stolen in the 2014 hack.

Policy & regulation  ·  12 September 2019
Regulation

Netki Retools Digital ID Service for FATF’s New Crypto ‘Travel Rule’

Nekti has upgraded its digital ID service to help crypto firms meet the FATF's tough new standards for combating money laundering. 

Policy & regulation  ·  9 September 2019
Crime

Thai Gang Member Arrested Over Alleged $16 Million Crypto Fraud

A Thai man has been arrested for alleged involvement in a crypto crime ring that fleeced investors for 500 million baht.

Policy & regulation  ·  5 September 2019
Crime

Crypto Sleuthing Firm Elliptic Raises $23 Million in Fundraise Led by SBI

Blockchain forensics firm Elliptic has raised $23 million in Series B round led by Tokyo-based financial institution (and XRP holder) SBI.

Policy & regulation  ·  4 September 2019
North Korea

North Korea Denies It Hacked $2 Billion in Fiat and Crypto

North Korea has denied a recent U.N. report suggesting it was behind major hacks that reaped around $2 billion for its weapons programs.

Policy & regulation  ·  2 September 2019
Crime

25-Year-Old Bitcoin Seller Faces Life Sentence for Unlicensed Exchange

A man from Los Angeles agrees to plead guilty to charge for running an unlicensed crypto exchange without an effective AML program.

Policy & regulation  ·  26 August 2019
Bitcoin

In Palestine, Civilians Are Using Bitcoin More Than Hamas

Terrorists are using bitcoin, but they aren't the only ones. Here's the real story about bitcoin usage in Palestine.

Policy & regulation  ·  22 August 2019