Crime

Crime

Whistleblower Kidnapped in Ukraine After Accusing Crypto Firm of Exit Scam

The harrowing incident highlights the proliferation of risky investment schemes and dubious operators in the crypto industry, but also blockchain technology’s potential to help track missing funds.

People  ·  27 August 2020
Exchanges

South Korean Crypto Exchange Coinbit Seized Over Allegations of Massive Wash Trading

South Korea's third-largest crypto exchange has reportedly been seized by police over allegations it faked most of its trading volume.

News  ·  26 August 2020
CoinFlash

Australian Conman Extradited Over Alleged Fraud Involving $1.2M in Bitcoin

An Australian serial conman has been extradited to New South Wales to face fraud charges involving over $1 million in bitcoin.

Policy & regulation  ·  25 August 2020
Crime

Russian Financial Crime Agency Plans AI Tool to Link Crypto Transfers to Users

Russia's anti-money laundering agency Rosfinmonitoring has already built a prototype blockchain analytics tool, according to a report.

Policy & regulation  ·  12 August 2020
CoinFlash

Australian Woman Jailed for Theft of More Than 100,000 XRP

The 25-year-old received a sentence of more than two years for the 2018 theft of XRP worth around $300,000 at the time.

Policy & regulation  ·  11 August 2020
CoinFlash

Man Accused of Arranging Murder to Avoid Crypto Debt Can’t Escape Jail, Brazilian Court Rules

Crypto businessman Danilo Afonso Pechin remains jailed after Brazil's High Court refused to hear his request for freedom.

News  ·  5 August 2020
CoinFlash

Dark-Web Vendor and Pharmacist Charged With Trafficking Drugs Worth $270M in Bitcoin

The two men allegedly shipped opioids into the U.S. and sold them on the dark web for millions in bitcoin.

Policy & regulation  ·  5 August 2020
CoinFlash

French Judge Orders Trial of Alleged BTC-e Operator Alexander Vinnik

Vinnik will reportedly face charges including defrauding more than 100 people in six French cities from 2016 to 2018.

Policy & regulation  ·  4 August 2020
CoinFlash

French Officials Move to Start Trial of Alleged BTC-e Operator Alexander Vinnik

The alleged BTC-e operator stands accused of extortion, aggravated money laundering and conspiracy.

Policy & regulation  ·  24 July 2020
CoinFlash

Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring

The “large-scale" money laundering operation ran from 2015 through 2020, police officials allege.

Policy & regulation  ·  22 July 2020
Crime

CipherTrace Says It Can Instantly Flag Shady Transactions With Predictive Risk Scores

The blockchain analytics firm claims its new system respects crypto users’ privacy while also flagging suspect transactions.

Tech  ·  21 July 2020
Exchanges

$1.4B in ‘High-Risk’ Crypto Flowed Onto Exchanges in H1 2020, Analysis Firm Says

China-based blockchain analysis firm PeckShield tracked 100 million crypto addresses for its research.

Markets  ·  16 July 2020
CoinFlash

Promoters of Crypto Ponzi Scheme OneCoin Murdered in Mexico

Two promoters of the crypto Ponzi scheme OneCoin were found dead in Mexico last month.

News  ·  15 July 2020
Crime

Crypto ‘Giveaway’ Scams Continue to Flourish on YouTube

Cryptocurrency scams continue to appear on YouTube, misusing content from influential people in the space and stealing from the gullible.

News  ·  10 July 2020
Crime

Ferrari, McLaren and $15M in Crypto Seized as Chinese Police Bust Arbitrage Scam

The novel Chinese scam saw perpetrators create fake crypto assets to fleece investors seeking arbitrage opportunities.

News  ·  9 July 2020