Crime

Crime

Bitcoin Trader Ordered to Forfeit $800K Gained via Unlicensed Exchange

A 22-year-old bitcoin dealer from the U.S. has been ordered to hand over $823,357 gained illegally via an unlicensed money transmission business.

Markets  ·  9 April 2019
Crime

Korean Crypto Scam Fleeced Investors for Over $18.5 Million

Police have reportedly used AI to spot a cryptocurrency Ponzi scheme in South Korea that cheated investors out of $18.5 million.

Policy & regulation  ·  8 April 2019
Crime

Canadian Court Rules Drug Dealer Must Hand Over $1.4 Million in Bitcoin

A Toronto judge has ruled that a 30-year old drug dealer must forfeit 281.41 bitcoins used in illegal activities on the dark web.

Policy & regulation  ·  4 April 2019
Exchanges

Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job

South Korean crypto exchange Bithumb has had over $13 million in EOS stolen in a hack, but says customer funds are safe.

Policy & regulation  ·  30 March 2019
Exchanges

Former Mt. Gox CEO Mark Karpeles to Appeal Conviction

Mark Karpeles, former CEO of the collapsed bitcoin exchange Mt. Gox, is reportedly to appeal his conviction on data manipulation charges.

Policy & regulation  ·  29 March 2019
Crime

CabbageTech CEO Indicted in New York for Defrauding Crypto Investors

The owner of a firm called CabbageTech has been arrested and charged with duping investors out of over $200,000 in cryptocurrency and cash.

Policy & regulation  ·  27 March 2019
Exchanges

Singapore-Based Crypto Exchange DragonEx Has Been Hacked

Singapore-based exchange DragonEx says it has been hacked for an undisclosed amount in a large number of cryptocurrencies.

Policy & regulation  ·  26 March 2019
Crime

AriseBank CEO Pleads Guilty to $4.2 Million Securities Fraud Involving ICO

Jared Rice, former AriseBank CEO, pleaded guilty to securities fraud and could face as much as 20 years in prison.

Policy & regulation  ·  21 March 2019
Europe

Alleged BTC-e Operator Alexander Vinnik Seeks Extradition to Russia

Alleged bitcoin launderer Alexander Vinnik, who is wanted by several countries, has filed in Greece for extradition to Russia.

Policy & regulation  ·  21 March 2019
Bitcoin

WSJ’s ShapeShift Exposé Overstated Money Laundering by $6 Million, Analysis Says

Blockchain analytics firms say money laundering accusations against ShapeShift don't match up.

Policy & regulation  ·  20 March 2019
Exchanges

Cryptopia Exchange Resumes Crypto Trading Amid Banking Issues

Cryptopia, the cryptocurrency exchange hit by a major hack in mid-January, has restarted trading of 40 pairs deemed secure.

Policy & regulation  ·  20 March 2019
Japan

Japan to Hold First Ever Trial Over Crypto Hacking Losses

An 18-year-old Japanese youth has been sent to prosecutors in the country's first ever trial involving cryptocurrency cyber-theft.

Policy & regulation  ·  15 March 2019
Japan

Mt. Gox’s Mark Karpeles Found Guilty Over Data Manipulation in Tokyo Court

Former Mt. Gox CEO Mark Karpeles was found innocent of embezzlement in a Tokyo court, but received a suspended sentence for manipulating data.

Policy & regulation  ·  15 March 2019
Europe

Malta Teams With Crypto Security Firm to Manage Financial Crimes Risk

Malta is turning to crypto sleuthing startup CipherTrace for technical help addressing the risk of financial crimes in its digital asset industry.

Policy & regulation  ·  12 March 2019
Crime

A Multibillion-Dollar Cryptocurrency Based on ‘Lies’: US Arrests Alleged OneCoin Leader

Konstantin Ignatov, one of the heads of the infamous OneCoin pyramid scheme, has been arrested on wire fraud charges.

Policy & regulation  ·  8 March 2019