Crime

Crime

Tron-Owned Video Platform Criticized for Hosting Extremists, US Capitol Rioters

A legal non-profit accuses the platform of failing to moderate accounts and allowing extremists to collect donations.

Policy & regulation  ·  8 January 2021
Crime

Bitcoin Trader Robbed and Pushed Out of Car in Hong Kong

The trader exchanged 15 bitcoin for HK$3 million before being robbed of both.

Policy & regulation  ·  5 January 2021
Exchanges

US Man Admits Using Bitcoin to Help Launder $630K From Romance, Lottery Scams

Austin Nedved pleaded guilty to involvement in scams that reaped over $600,000 by targeting the elderly and vulnerable.

News  ·  18 December 2020
Crime

Bitcoin Scam Using Unauthorized Celebrity Images in Ads Traced to Moscow: Report

A Guardian Australia investigation traced the source of a major crypto scam using Google ads to addresses in Moscow.

Policy & regulation  ·  16 December 2020
Crime

Centra Tech Co-Founder Handed Prison Term for $25M Crypto Fraud

The cryptocurrency firm had falsely claimed to have an impressive executive team, as well as 38 state money transmitter licenses.

Policy & regulation  ·  16 December 2020
Ethereum

Cryptocurrency Founder Charged With Avoiding Tax to Buy Yachts and Homes

"Bruno Brock" is alleged to have avoided tax on sales of the pearl cryptocurrency as well as minting free tokens for himself.

News  ·  10 December 2020
CoinFlash

Over 13% of Bitcoin Crime Proceeds Laundered Through ‘Privacy Wallets’: Elliptic

The number of crypto criminals using so-called privacy wallets to help hide their identities is on the rise, according to analytics firm Elliptic.

Policy & regulation  ·  9 December 2020
Crime

Ringleaders of PlusToken Scam Jailed for Up to 11 Years

Fourteen operators of the giant PlusToken scam have been sentenced in China to up to 11 years in prison.

Policy & regulation  ·  1 December 2020
Crime

Coronavirus-Induced Poverty Will Bring More Bitcoin Crime in 2021: Kaspersky Report

The cybersecurity specialist foresees a rise in crypto crime ahead in 2021 as the COVID-19 epidemic hits national economies.

Policy & regulation  ·  30 November 2020
CoinFlash

Chinese Authorities Have Seized a Massive $4B in Crypto From PlusToken Scam

Cryptocurrencies worth billions of dollars have been seized during the police crackdown on the PlusToken Ponzi scheme in China.

News  ·  27 November 2020
Exchanges

Crypto Exchange Upbit Brings In Withdrawal Delay in Bid to Tackle Fraudsters

The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks.

Markets  ·  27 November 2020
Bitcoin

Irish Man Gets 3 Years in Prison for Stealing $2.5M in Crypto Through SIM Hacks

The man was part of a criminal group that compromised crypto accounts with assistance from contacts at mobile operators.

Policy & regulation  ·  19 November 2020
CoinFlash

Alleged Promoter of BitConnect Crypto Scam Charged in Australia

The accused faces a lengthy prison sentence if convicted.

Policy & regulation  ·  18 November 2020
Exchanges

Binance Gives $200K to Investigators Who Helped Identify Actors Behind 2018 Attack

The exchange has awarded a bounty of $200,000 to private investigators who helped now-indicted bad actors who attacked the exchange in 2018.

News  ·  11 November 2020
Bitcoin

Ex-Microsoft Dev Gets 9 Years in Prison Over $10M Theft Involving Bitcoin Mixing

The former Microsoft software engineer was sentenced Monday for an elaborate criminal scheme involving bitcoin and digital gift cards.

Policy & regulation  ·  10 November 2020