Crime

Crime

South Korea Estimates 2-Year Losses From Crypto Crimes at $2.3 Billion

Nearly 2.7 trillion won (US$2.3 billion) have been lost to cryptocurrency crimes in the last two years, not including exchange hacks.

Policy & regulation  ·  22 July 2019
Europe

UK Announces ‘Dirty Money’ Crackdown, Including Tougher Crypto Regime

The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.

Policy & regulation  ·  15 July 2019
Exchanges

Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing

After a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it's discovered that another $2.3 million is missing. 

Policy & regulation  ·  15 July 2019
Regulation

Police in Spain Say Bitcoin ATMs Expose Problems in Europe’s AML Laws

Spanish police authorities are raising the alarm because a recent criminal case involved the use of bitcoin ATMs, making their jobs more difficult.

Policy & regulation  ·  11 July 2019
Crime

Indian Police to Get Special Training to Spot Crypto Scams

A new training session seeks to create "domain expertise" for cryptocurrency related crimes.

Markets  ·  8 July 2019
Bitcoin

Scammer Taunts Couple Who Lost Thousands in Bitcoin Fraud

An Australian couple lost over AU$20,000 in a bitcoin scam, and were even taunted by the perpetrator over their losses.

Policy & regulation  ·  4 July 2019
Bitcoin

Third Defendant Pleads Guilty in Fake ID-for-Bitcoin Case

A fake ID ring operated between June 2013 and February 2018 and may have netted over $4.7 million in bitcoin.

Markets  ·  3 July 2019
Exchanges

Irish Crypto Exchange Bitsane May Have Disappeared With Users’ Funds

Irish cryptocurrency exchange Bitsane may have done a runner with users' funds, according to a report.

Policy & regulation  ·  28 June 2019
Exchanges

Singapore Exchange Bitrue Hacked for Over $4 Million in Crypto

Bitrue was hacked early Thursday morning for over $4 million in XRP and cardano. Users who experienced losses will be refunded, it says.

Policy & regulation  ·  27 June 2019
Exchanges

Six Arrested Over Cloned Crypto Exchange That Stole €24 Million

Europol and police agencies have busted a cloned exchange operation that stole over $27 million in bitcoin from thousands of victims.

Policy & regulation  ·  26 June 2019
Crime

$200,000 in Bitcoin Seized in Dark Net Drug Probe

In total, authorities seized 20 kilograms of MDMA, over seven kilograms of Ketamine, over 10,000 Xanax pills, and more than $100,000 in cash.

Markets  ·  19 June 2019
Regulation

There’s a Second Token: A Breakdown of Facebook’s Crypto Economy

In addition to the Libra coin, Facebook's newly unveiled crypto project also involves a "Libra investment token."

Policy & regulation  ·  18 June 2019
Exchanges

Russian Hackers May Have Carried Out Largest Ever Crypto Exchange Theft

Russian hackers, not North Korean, may be the bad actors behind probably the biggest ever theft from a cryptocurrency exchange.

Policy & regulation  ·  17 June 2019
Regulation

It’s FATF’s Way or the Highway for Crypto Exchanges. That’s a Big Mistake

The crypto industry can fight money launderers effectively, but not the way FATF wants it to, a CEX.IO compliance officer writes.

Policy & regulation  ·  15 June 2019
Europe

Europol Developing ‘Serious Game’ to Help Train Crypto Crime Fighters

The European crime fighting agency is developing a game to teach law enforcement officers how to trace cryptocurrencies in criminal investigations.

Policy & regulation  ·  14 June 2019