A former BJP legislator and 11 police officials have been convicted for the 2018 abduction of a Surat businessman in a plot to seize over 750 Bitcoin.
Police News
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As the adoption of digital assets grows rapidly, there has been a significant increase in the amount of funds lost to scams and hacks.
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North Wales Police said a scammer impersonating UK law enforcement stole $2.8 million in Bitcoin in a “highly targeted and advanced scam.”
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Czech police have reportedly arrested darknet founder Tomas Jirikovsky in a $45 million Bitcoin bribery case tied to former Justice Minister Pavel Blazek’s resignation.
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A memecoin group said it’s behind a recent trend of sex toys being thrown during WNBA games, which has seen two men arrested for allegedly taking part.
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A police officer’s 50-BTC theft was unraveled by blockchain tracking. Investigators traced the funds and brought him to justice.
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CoinDCX operator Neblio reportedly filed a complaint against software engineer Rahul Agarwal after discovering that his credentials had been compromised through his work laptop.
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The pastor claimed that “God told” him to shill INDXcoin, which caused financial losses to at least 300 investors.
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The Justice Department says two LA Sheriff deputies admitted to helping extort victims, including for a local crypto mogul, while working their private security side hustles.
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Tasmanian police said they found victims were being directed to crypto ATMs by scammers after regular financial institutions flagged the transactions.
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After sentencing the three kidnappers to 12 years each and ordering civil damages, the court noted that the masterminds behind the attack remain at large.
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The father of an unnamed crypto entrepreneur was held captive at a property for several days until a May 3 police raid liberated him.
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Moroccan police arrested Badiss Mohamed Amide Bajjou, who is accused of being one of the ringleaders behind a spate of recent crypto-related kidnappings in France.
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Ukrainian police claimed the man’s actions caused a server hosting company to suffer losses estimated at over $4.4 million.
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The incident is the latest in a string of “wrench attacks” and other violent crimes targeting crypto investors and industry professionals.
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