Liquidators of the embattled Mirror Trading International want a deeper probe of the alleged Bitcoin multi-level marketing scheme.
Crimes that are made within cryptocurrency and related spheres are usually defined as cryptocurrency crimes. The legal status of digital currencies is not clear enough and governments all over the world are searching for a way to regulate operations in the cryptosphere. That is why most of the crimes cannot be forecasted or punished properly. The most common crypto-crime until the end of 2017 has been in relation to Initial Coin Offerings (ICO), which were conducted by frauds and by stealing money from electronic wallets and storages through hacking or fraudulently-obtained information. Besides that, a lot of users’ money was stolen when using unverified exchanges and making transactions through suspicious services. Also, people lost money by joining financial cryptocurrency pyramids.
Despite the crypto industry experiencing a major rise in mainstream interest in 2020, the year also saw many prominent crypto personnel apprehended by regulators.8541
How distributed ledger technologies can help law enforcement agencies to fight crime and money laundering.5134
FinCEN posted vacancies for two high-profile crypto positions in a bid to get expert professional advice on the crypto industry.5836
“It is unacceptable that in the face of a scam like this there hasn’t been a strong reaction on the part of the judicial authorities.”3789
Major figure in Justice Department's cyber work is out from the policy office, but no word on where she's heading next.3413
The head of a major Mexcian financial intelligence unit has complained that local law enforcement has only a quarter of the staff it needs to respond to crypto laundering from cartels.9686
Police have charged Coinbit chairman Choi Mo and two unnamed executives with fraud and forgery related to market manipulation and prosecutors are preparing the case.3158
Institutions still fear Bitcoin’s criminal persona, its volatility, and other factors.6495
Many are calling for Donald Trump to grant clemency to the Silk Road founder before he leaves office on Jan. 20.10792
Cybercriminals may favor a different cryptocurrency in the coming months, however.5449
Court filings from Nov. 19 show that a large volume of crypto assets, including Bitcoin and Ether, was seized from seven convicts in the PlusToken case.24652
Governments are increasingly liquidating crypto assets seized in criminal investigations.6447
The Lithuanian State Tax Inspectorate exchanged Bitcoin, Ether and Monero for 6.4 million euro.15424
Government lawyers implied that citizens could legally pass along nuclear secrets to North Korea if held to the same standards as Griffith.8058