Crime

Crime

Singapore Man Fined $72K for Promoting Crypto Ponzi OneCoin

Police said the man is the first to be charged under the Multi-Level Marketing and Pyramid Selling (Prohibition) Act.

Policy & regulation  ·  3 July 2020
Bitcoin

Singapore Begins Crackdown on Unlicensed Bitcoin Sellers

Singapore authorities charged a 23-year-old woman with breaking the city-state’s months-old ban on unlicensed bitcoin sales.

News  ·  24 June 2020
Bitcoin

New Zealand Police Seize $90M Linked to Alleged BTC-e Exchange Operator

The bank funds are said to be linked to Russian Alexander Vinnik, who allegedly ran the defunct crypto exchange BTC-e.

Policy & regulation  ·  22 June 2020
Bitcoin

Encrypted Messaging Site Privnote Cloned to Steal Bitcoin

The free web service, which lets users send encrypted messages that self-destruct once read, has been copied with the reported aim of redirecting users' bitcoin to criminals.

News  ·  15 June 2020
Crime

Illegal Miners in Russia Stole $6.6M Worth of Electricity, Power Grid Firm Says

Electricity thieves built their own illicit power stations to connect hidden mining farms with the local energy grid, a state-owned provider says.

Policy & regulation  ·  8 June 2020
Police Investigations

Chinese Police Freezing OTC Traders’ Bank Accounts Over ‘Tainted’ Crypto Transactions

Thousands of cryptocurrency over-the-counter merchants and their clients may have been affected as police in China freeze bank accounts over tainted crypto and fiat assets.

News  ·  8 June 2020
Crime

US Offers $5M Bounty for Arrest of Venezuela’s Crypto Chief

The head of Venezuela's state-backed petro cryptocurrency has been added to the U.S Immigration and Customs Enforcement's Most Wanted list.

News  ·  2 June 2020
Crime

Crypto Criminals Have Already Stolen $1.4B in 2020, Says CipherTrace

The figure puts 2020 on track to become the second-costliest year in the history of crypto.

Policy & regulation  ·  2 June 2020
Crime

Australian Woman Charged With Unlawfully Exchanging Over $3M in Crypto

The woman is believed to be involved in a crypto money-laundering syndicate, according to a report.

Policy & regulation  ·  15 May 2020
Crime

Crypto Scams Targeting Pacific Communities on the Rise, Say New Zealand Regulators

A rise in cryptocurrency and coronavirus investment scams has prompted authorities to launch an awareness campaign.

News  ·  13 May 2020
Hacking

Mystery Hacker Tries to Steal Crypto Through Fake Google Chrome Wallet Extensions

Google has removed 49 Chrome extensions masquerading as legitimate crypto wallets including Ledger, MyEtherWallet, MetaMask and Jaxx, according to MyCrypto's Harry Denley.

News  ·  16 April 2020
Crime

FBI Warns COVID-19 Scammers Are Targeting Crypto Holders

The FBI is warning that fraudsters are about to unleash a surge of coronavirus cryptocurrency scams.

News  ·  14 April 2020
Crime

OneCoin Lawsuit Could Be Thrown Out Over Plaintiff Failings, Warns Judge

A class action against the accused cryptocurrency Ponzi scheme may be dismissed with prejudice unless the plaintiffs up their game.

Policy & regulation  ·  13 April 2020
Crime

How Imposters Scam Entrepreneurs Out of Their Crypto

It's a new twist on an old scam: Someone pretending to represent a major media company will approach a small business offering to write about them… for a price, this time in crypto.

Tech  ·  8 April 2020
Hacking

Hacker Exploits Flaw in Decentralized Bitcoin Exchange Bisq to Steal $250K

The DEX revealed the hack 18 hours after it suspended trading.

Tech  ·  8 April 2020