US prosecutors said Paxful marketed itself as a non-KYC platform and presented anti-money laundering policies that it knew “were not implemented or enforced.”
Crimes News
In the digital era, crimes have transcended physical boundaries, manifesting in various forms online. Online crimes encompass a broad range, from identity theft and phishing to credit card fraud, exploiting the vulnerabilities of internet users. Simultaneously, digital crimes involve unauthorized access, manipulation or theft of digital data, leading to data breaches and cyber espionage, posing significant threats to individuals and organizations alike.
Within this landscape, cryptocurrency crimes have emerged, leveraging the decentralized nature of digital currencies. For instance, ransomware attacks encrypt data and demand cryptocurrency payments for the decryption keys, while crypto fraud schemes use phony initial coin offerings (ICOs) or Ponzi schemes to trick unsuspecting investors. The illegal use of other people’s devices for unauthorized cryptocurrency mining is known as “cryptojacking.” Darknet markets allow for the anonymous exchange of cryptocurrencies between buyers and sellers, facilitating illicit trade.
Moreover, pump-and-dump schemes manipulate cryptocurrency prices for profit, showcasing the intricacies of this digital criminal landscape. Law enforcement agencies and cybersecurity experts collaborate to combat these offenses, emphasizing cybersecurity awareness and robust measures to safeguard against evolving threats in the online and crypto realms.
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A US court sentenced Daren Li to 20 years in prison for leading a $73 million crypto pig butchering scam targeting American investors.
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Six people have been detained after a French magistrate and her mother were abducted in a crypto ransom plot, intensifying concerns over a surge in violent “wrench attacks” in France.
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Blockchain intelligence firm TRM Labs reached a $1 billion valuation after closing a $70 million Series C funding round backed by major financial institutions.
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Jeffrey Epstein may have made a $3.2 million investment in Coinbase in 2014 and sold some of it for $15 million in 2018, according to the latest batch of released emails.
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The blockchain security auditor said violence against wallet holders has become a “core threat vector in the crypto ecosystem,” marking a sharp rise from 2024.
5451 - Analysis
Some crypto executives are explaining the nature of the business relationships with disgraced financier and sex offender Jeffrey Epstein.
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The six US senators cited a sharp rise in illicit crypto activity in 2025 to argue that the DOJ should not have disbanded its cryptocurrency enforcement team.
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Chainalysis says the on-chain money laundering ecosystem processed $82 billion in funds in 2025, with Chinese-language networks now dominating.
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The US Marshals Service confirmed “the matter is under investigation,” following claims that millions in government-seized crypto was stolen.
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Scheduled for release from a halfway house on Wednesday, former Alameda Research CEO Caroline Ellison will have served 440 days in federal custody.
3457 - News
From record onchain volumes to geopolitics-driven crypto crime, 2025 structurally shifted how regulators and institutions engaged with digital assets, with stablecoins at the center.
2956 - News
The Tornado Cash developer was convicted on one count in August, with two felony charges unresolved as prosecutors weigh a possible retrial.
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The US president reportedly said he had no intention of pardoning the former FTX CEO, and defended his family’s connections to the crypto industry.
4874 - How to
How an onchain investigator linked a Coinbase impersonation scam to $2 million in losses and why social engineering remains the real risk.
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