Hong Kong Customs intercepted a large volume of pricey exotic foods, cosmetics and dedicated cryptocurrency mining GPUs in its latest successful anti-smuggling action.
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.
The SEC has taken action against a Californian man for fraudulently offering insider stock trading tips on a darknet marketplace.10178
Lawyers for the former CEO of crypto derivatives exchange BitMEX are proposing Hayes’ voluntary appearance on April 6, with his potential release on bail subject to a $10 million personal recognizance bond.8211
U.S. Congress subcommittee says that bank reporting methods led to Capitol attack arrests but worries that Bitcoin might have helped fund the insurrection.8703
The wireless carrier is accused of failing to protect its customers from SIM swappers' lucrative heists.28946
The private sector invests enormous resources to help the government combat crypto crimes, U.S. Treasury Secretary Janet Yellen said.9629
The Australian man admitted to cheating investors out of $90 million taken from two crypto funds in the U.S.9194
On Jan. 22, an attacker shot two employees at a cryptocurrency and gold exchange in the Polish city of Olsztyn, escaping with over $120,000 in gold.4659
A California resident is expected to plead guilty to charges of operating an unlicensed exchange and laundering more than $13 million.7924
Crypto crime rates are dropping despite a massive increase in attacks targeting the DeFi sector, reports security firm CipherTrace.5229
The trading platform's decision to shut Redditors out from buying GameStop continues to raise eyebrows.34565
The Assistant Commissioner of the City of London Police said the partnership with Komainu would help in “denying criminality the proceeds of crime."5202
Investigators reportedly identified the individuals by tracing the crypto exchange accounts used to launder the funds.8911
A gang of four robbers has reportedly stolen about $450,000 from a crypto trader in Hong Kong.10871
Liquidators of the embattled Mirror Trading International want a deeper probe of the alleged Bitcoin multi-level marketing scheme.11348