Crime

Staking

UK Police Find no Crime in Alleged $3M Crypto ‘Staking’ Scam

Investors who say they lost money in an alleged cryptocurrency fraud have had no luck persuading the police there was a crime committed.

Policy & regulation  ·  30 October 2020
Crime

Tether Froze $300K of Stablecoin Hacked After Victims Left Wallet Keys in Evernote

The U.S. government is pursuing a civil forfeiture claim on the more than 300,000 units of the tether (USDT) cryptocurrency said to have been stolen earlier this year.

Policy & regulation  ·  26 October 2020
Crime

FBI Investigated Extortion Attempt Over Allegedly Negative Ripple Videos

Ripple was threatened three years ago when the prices of XRP and bitcoin shot to historic highs.

News  ·  23 October 2020
CoinFlash

US Charges 6 With Laundering Mexican Drug Cartel Cash Using Crypto and Casinos

The U.S. Department of Justice charged the six individuals with alleged involvement in laundering funds from Mexican drug cartels after an investigation spanning years.

News  ·  16 October 2020
CoinFlash

New Zealand Man Charged With Money Laundering via Crypto and Luxury Cars

As well as making cryptocurrency transactions, the man is alleged to have bought luxury cars and property to launder funds.

News  ·  15 October 2020
CoinFlash

G7 Warns of Crypto Threat From Tidal Wave of Ransomware Attacks

Paying ransomware hackers to decrypt infected computers doesn't always work, and may even be a crime in some countries.

News  ·  13 October 2020
Japan

Spate of Bitcoin Extortion Bomb Threats Hits Government, Schools in Japan

The extortionists demand a payment in bitcoin to avoid the detonation of an explosive device, per a report.

Policy & regulation  ·  12 October 2020
CoinFlash

Bungled Theft of Bitcoin ATM Puts Canadian Business Out of Action

The inept thieves reversed their pickup truck into the store window next door after failing to nab the crypto ATM they wanted.

Policy & regulation  ·  8 October 2020
CoinFlash

Nevada Woman Charged in Bitcoin Murder-for-Hire as a Mystery Hacker Again Turns Tipster

The case, the website, the circumstances and the source all share parallels with another recent federal murder-for-hire prosecution.

Policy & regulation  ·  25 September 2020
CoinFlash

Ex-Employee at Australian Science Agency Avoids Prison After Mining Crypto on Supercomputers

A former contractor for Australian science agency CSIRO was found to have mined around $7,000 in cryptocurrency.

Policy & regulation  ·  18 September 2020
CoinFlash

Singapore Man Caned for Stealing $267K From Bitcoin Investor

The man was sentenced to three years in prison and 12 strokes of the cane for his part in the robbery and beating of a bitcoin buyer.

News  ·  11 September 2020
Exchanges

Police Reportedly Raid Headquarters of Bithumb, South Korea’s Largest Exchange

Crypto exchange Bithumb has reportedly been seized by police in Seoul on allegations that its chairman engaged in investment fraud.

News  ·  2 September 2020
CoinFlash

US Moves to Seize $400M From Convicted OneCoin Money Launderer

The U.S. Department of Justice wants an attorney to hand over the massive sum he helped launder for the OneCoin scheme.

Policy & regulation  ·  2 September 2020
CoinFlash

Moderator of Darknet Marketplace AlphaBay Sentenced to 11 Years in Prison

The Colorado man mediated disputes on the now-defunct darknet marketplace Alphabay.

News  ·  2 September 2020
Crime

Bitsonar Whistleblower Says Law Enforcement Faked His Murder in Attempt to Protect Him

A whistleblower from defunct crypto firm Bitsonar has reappeared after going missing for three days, saying law enforcement faked his kidnapping and death.

Policy & regulation  ·  31 August 2020