4 / 4 Relevant items tagged with #Crime

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What’s the Reality of Crypto in Crime?

[May 11, 2023 11:57 AM] The DOJ's Eun Young Choi said the agency is constantly finding crypto connections in its criminal investigations. But how deep does the problem go and how much should we blame the blockchain?

How the IRS seized $10B worth of crypto using blockchain analytics

[May 11, 2023 9:00 AM] A public-private partnership with blockchain analytics firm Chainalysis has played a key role in helping the Internal Revenue Service solve cryptocurrency-related crimes.

UK Set to Ban Cold Calls Selling Financial Products, Including Crypto

[May 3, 2023 3:26 AM] The reported value of U.K. cryptocurrency fraud climbed 32% to £226 million in the year ending in September 2022.

Leader of Miami Trio Pleads Guilty to $4M Bank, Crypto Fraud Charges

[Apr 26, 2023 11:03 AM] The U.S. Department of Justice last year charged three members of a Miami crew for participating in a crypto-related scheme from 2020.

Prosecutors Seek 7-Year Prison Sentence for Reggie Fowler in Crypto Shadow Bank Case

[Apr 19, 2023 7:20 AM] The former footballer pleaded guilty to bank and wire fraud charges over operating Crypto Capital Corp., the shadow bank that lost Bitfinex's millions.

Employees of South Korean Crypto Exchange Coinone Arrested: Report

[Apr 11, 2023 6:24 AM] Seoul Southern District Court Chief Judge Kim Ji-Sook issued a warrant for the arrests on Monday, saying "There is concern about escaping."

Federal Prosecutors Charge Sam Bankman-Fried With Attempt To Bribe Chinese Officials With $40 Million

[Mar 28, 2023 12:38 PM] In a new indictment unsealed on Tuesday, officials charged Sam-Bankman Fried with bribing Chinese officials to release frozen assets.Federal prosecutors have accused Sam Bankman-Fried (SBF), former CEO of failed cryptocurrency exchange FTX, of…

$119M in Stolen Crypto So Far in 2023, NFT Rug Pulls on the Rise: Crystal Blockchain

[Mar 24, 2023 8:49 AM] DeFi protocols have been hackers’ favorite targets since 2021. Now they’re preying on NFT projects too, a blockchain intelligence firm says.

Bulgarian Woman Charged in $4B Crypto Fraud Case, Extradited to U.S.

[Mar 21, 2023 10:48 AM] OneCoin's victims were allegedly defrauded of over $4 billion in the scheme, which began operations in 2014.

Sam Bankman-Fried Charged With New Crimes As Prosecutors Detail Illegal Political Deals

[Feb 23, 2023 5:22 PM] Bankman-Fried’s charges have been expanded in the latest indictment brought forth by federal prosecutors.Federal prosecutors have announced a new indictment of Sam Bankman-Fried with four additional criminal charges.The document alleging these new…

Crypto scammers feel the chill: Revenue drops 46% in 2022 — Chainalysis

[Feb 16, 2023 7:16 PM] Falling crypto prices caused crypto scam revenue to plummet in 2022, though two scam types managed to persist.

Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner

[Feb 16, 2023 4:30 AM] Two residents of the Russian city of Tomsk will be tried for “large-scale robbery” involving the theft of cryptocurrency worth millions of rubles from a local miner. The digital coins were stolen from the owner at gunpoint…

U.S. Department Of Justice Shuts Down Crypto Exchange Bitzlato, CEO Arrested

[Jan 18, 2023 12:46 PM] The DOJ has charged the exchange with facilitating more than $700 million in illicit transactions tied to Russia, money laundering and criminal activity.The U.S. Department of Justice (DOJ) has announced the closure of the Bitzlato cryptocurrency…

Former CFO Pleads Guilty: Funds Used To Trade Crypto & Meme Stocks

[Jan 4, 2023 2:34 PM] With the prolonged bear market in crypto ongoing, one will think most people should be losing money. While that is true, another thing also true is the increase in crimes in the bear market. On today’s news, the ex-chief financial officer has…

Visiting El Salvador’s Slums, It’s Clear Bitcoin Country Must Go Further

[Dec 14, 2022 12:11 PM] A visit to Soyapango, one of El Salvador’s most impoverished slums, shows that the Bitcoin experiment isn’t reaching those who need it most.This is an opinion editorial by Rikki, author and co-host of the “Bitcoin Italia,” and “Stupefatti”…

27,000 requests last year: Collaboration key for Binance’s Investigations team

[Nov 16, 2022 9:03 AM] Binance’s Investigations and Intelligence team plays a role in helping global law enforcement agencies identify and combat crypto-related crime.

Russia and Turkey to Collaborate on Combating Crime-Related Crypto Transactions

[Nov 11, 2022 12:30 AM] Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight against cybercrime, including the use of cryptocurrencies for illegal purposes. The collaboration has been agreed upon during a visit by Russia’s…