Crime
Hong Kong Arrests 4 in Alleged $155M Crypto Money-Laundering Scheme: Report
Customs authorities say the alleged money laundering syndicate charged criminal clients a commission of 3% to 5%.
4 Arrested in Japan for Allegedly Cheating $54M From Thousands of Investors: Report
Investors say the men ran a crypto scheme known as the "Oz Project," which purported to automatically trade through the use of AI.
UK Police Seize $250M Worth of Crypto
The haul comes only weeks after a then-record $158 million of crypto was confiscated by Greater London's police force.
South Korean Prosecutors Indict Former Bithumb Chairman in $100M Fraud Probe
Lee Jung-hoon allegedly took the funds from BK Group owner Kim Byeong-gun as an upfront "contract fee" in acquisition negotiations.
UK Police Seize Cryptocurrency Worth Almost $160M in Money Laundering Probe
The seizure was made based on intel regarding the transfer of criminal assets, a statement from the police read.
Founders of South African Crypto Investment Firm – and $3.6B in Bitcoin – Are Missing
Africrypt investors were told not to inform police of the purported hack because it could slow the recovery of their funds.
Will a Digital Dollar Solve the Crypto Ransomware Problem?
Responding to recent high-profile ransomware attacks on major food and oil companies, U.S. lawmakers are amping up their criticism of bitcoin and cryptocurrencies. Dave Jevans of CipherTrace, which tracks crypto crime and anti-money laundering trends, discusses the potential solutions to cyberattacks and whether having a digital dollar is one of them.
Major Law Enforcement Operation Busts 300 Crime Rings, Recovers Millions in Crypto
The operation used intelligence gathered from an encrypted service developed by the FBI and Australian police.
UK Police Raid Suspected Cannabis Factory, Find Bitcoin Mining Operation
"It's certainly not what we were expecting!" one of the officers said.
Uphold Exec Accused of ‘Fraudulently Misdirecting’ $700K in Funds
Uphold's former chief compliance officer allegedly misdirected corporate and user funds. He denies the claim, though a private investigator says there may be more.
