Crime

Crime

Australia to Crack Down on Crypto Tax Avoidance Schemes

The Australian Taxation Office is hunting down major tax avoidance schemes using cryptocurrencies, according to a report.

Policy & regulation  ·  7 June 2019
Japan

Japan’s Crypto Traders May Face Closer Scrutiny Over Tax Avoidance

Japanese tax authorities are said to be planning to take action on the under-reporting of cryptocurrency-based profits.

Policy & regulation  ·  5 June 2019
Crime

BitConnect Promoter Wanted Over Another Alleged Crypto Scam

A promoter of the now-shuttered crypto fraud BitConnect has again been charged over a different claimed cryptocurrency scam.

Policy & regulation  ·  4 June 2019
Hacking

Hackers Infect 50,000 Servers With Sophisticated Crypto Mining Malware

Hackers have breached over 50,000 servers across the world to mine cryptocurrency using unusually sophisticated tools, according to a new report.

Policy & regulation  ·  3 June 2019
Crime

EU Authorities Shut Down Bitcoin Transaction Mixer

A bitcoin transaction mixer has been seized and shut down by authorities in the European Union.

Policy & regulation  ·  22 May 2019
Crime

SEC Moves to Halt Diamond-Linked Crypto ‘Ponzi Scheme,’ Freeze Assets

The U.S. Securities and Exchange Commission has taken action over what it alleges is a $30 million crypto scam based on supposed diamond investment.

Policy & regulation  ·  21 May 2019
Crime

Australian Government Employee Charged With Mining Crypto at Work

A 33-year-old Australian IT contractor has been charged after he allegedly mined cryptocurrency on government computer systems.

Policy & regulation  ·  21 May 2019
Europe

Crypto and Forex Scam Reports Tripled in the UK Last Year, Watchdog Says

Reports of cryptocurrency and foreign exchange scams surged in the U.K. last year, while total reported losses dropped, says the FCA.

Policy & regulation  ·  21 May 2019
Exchanges

Beyond KYC: Regulators Set to Adopt Tough New Rules for Crypto Exchanges

Exchanges will likely have to collect information about their clients' crypto transactions under new global standards expected in June.

Policy & regulation  ·  20 May 2019
Crime

Crypto Investor Awarded Over $75 Million in SIM-Swapping Hack Case

U.S.-based cryptocurrency investor Michael Terpin has been awarded over $75 million in a lawsuit related to a SIM-swapping fraud.

Policy & regulation  ·  13 May 2019
Exchanges

Trading Firms Propose ‘Bad Actors Blacklist’ to Clean Up Crypto Industry

Cryptocurrency trading firms held a Chicago meeting to discuss ways to prevent the rising numbers of hacks and scams in the industry.

Markets  ·  9 May 2019
Brazil

DeepDotWeb Defendants Used Bitcoin to Hide Criminal Proceeds, Say Feds

U.S. authorities formally charged the alleged moderators of DeepDotWeb with money laundering and other crimes.

Policy & regulation  ·  8 May 2019
Binance

Hackers Are Shuffling Binance’s Stolen Bitcoin

The Binance hackers are moving their stolen BTC into smaller and smaller wallets in an effort to hide their tracks.

Markets  ·  8 May 2019
Crime

Alleged Multibillion-Dollar Pyramid Scheme OneCoin Sued by Former Investor

The cryptocurrency investment scheme OneCoin, widely claimed to be a fraud, is being sued by a former investor over her losses.

Policy & regulation  ·  8 May 2019
Crime

FBI Seizes Popular Dark Market Search Site DeepDotWeb for Money Laundering

The FBI has seized DeepDotWeb, a comparison search system and news site for dark web markets, for alleged money laundering.

Policy & regulation  ·  7 May 2019