News
The $38 million crypto seizure from Bybit hack-linked eXch was the third-largest crypto confiscation in the history of Germany’s federal criminal police.
15581
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.
- News
Michelle Bond, facing campaign finance charges, is one of the last significant figures tied to cryptocurrency exchange FTX, through her husband, to be awaiting trial.
6193 - News
Though Alex Mashinsky's sentencing was still pending, the US government said it did not oppose his voluntarily surrendering after his daughter's wedding.
7913 - News
John Karony took to social media as his criminal trial for fraud and money laundering charges began in New York.
3922 - News
The US Attorney's Office overseeing the criminal case against the former CEO of SafeMoon will be headed by a Trump appointee for up to 120 days.
2027 - News
The former CEO of Celsius Network is scheduled to appear before a judge for sentencing after pleading guilty to two felony charges in December.
2047 - News
French law enforcement officers freed the man after raiding a property in a Paris suburb where he was held captive for ransom.
3797 - News
Bitrace reported that $649 billion — about 5.14% of all stablecoin transactions in 2024 — flowed through high-risk addresses linked to illicit activities.
5289 - News
Six individuals allegedly defrauded investors out of $620,000 in Nigeria through falsely advertising the Crypto Bridge Exchange.
3935 - News
Former SEC chair Jay Clayton has released public statements on criminal cases involving crypto since becoming interim US Attorney for the Southern District of New York on April 22.
7388 - News
The Los Angeles Police Department said it seized $2.7 million worth of Bitcoin mining rigs allegedly stolen at the city’s airport from a shipment bound for Hong Kong.
2727 - News
The bureau reported that individuals over 60 had been the most affected by crypto-related fraud in 2024, with roughly $2.8 billion in losses.
6697 - News
While bail conditions for the two Estonian nationals, who pleaded guilty to wire fraud, require them to remain in Washington state, an order from the US DHS urges them to "immediately" depart.
2688 - News
Crime syndicates are minting stablecoins and building exchanges to launder billions of dollars, warns a UN report.
5060 - News
The US Justice Department under President Donald Trump issued a memo on April 7 suggesting it would halt the prosecution of cases involving crypto enforcement.
7257