Crime
Crypto and Forex Scam Reports Tripled in the UK Last Year, Watchdog Says
Reports of cryptocurrency and foreign exchange scams surged in the U.K. last year, while total reported losses dropped, says the FCA.
Beyond KYC: Regulators Set to Adopt Tough New Rules for Crypto Exchanges
Exchanges will likely have to collect information about their clients' crypto transactions under new global standards expected in June.
Crypto Investor Awarded Over $75 Million in SIM-Swapping Hack Case
U.S.-based cryptocurrency investor Michael Terpin has been awarded over $75 million in a lawsuit related to a SIM-swapping fraud.
Trading Firms Propose 'Bad Actors Blacklist' to Clean Up Crypto Industry
Cryptocurrency trading firms held a Chicago meeting to discuss ways to prevent the rising numbers of hacks and scams in the industry.
DeepDotWeb Defendants Used Bitcoin to Hide Criminal Proceeds, Say Feds
U.S. authorities formally charged the alleged moderators of DeepDotWeb with money laundering and other crimes.
Hackers Are Shuffling Binance's Stolen Bitcoin
The Binance hackers are moving their stolen BTC into smaller and smaller wallets in an effort to hide their tracks.
Alleged Multibillion-Dollar Pyramid Scheme OneCoin Sued by Former Investor
The cryptocurrency investment scheme OneCoin, widely claimed to be a fraud, is being sued by a former investor over her losses.
FBI Seizes Popular Dark Market Search Site DeepDotWeb for Money Laundering
The FBI has seized DeepDotWeb, a comparison search system and news site for dark web markets, for alleged money laundering.
FTC Sues Smart Backpack Crowdfunder Who Spent Proceeds On Bitcoin
The Federal Trade Commission is suing a crowdfunder who promised a smart backpack but instead spent the proceeds on bitcoin.
Crypto Crime Blotter: Scammers Dupe Jersey Island Man Out of £1.2 million, Backpage Laundered Cash With Crypto
Did Backpage launder cash through crypto? What happened to three Germans on the DarkWeb? This week's Crypto Crime Blotter.
