Crime
Blockchain Consultant Pleads Guilty to Extortion Charge
Alchemist associate Michael Hlady faces up to 20 years in prison.
South Korean Prosecutors Sell (and Profit Off) Bitcoin Taken From Criminals
Prosecutors moved to liquidate the stolen goods on March 25 when the nation's law defining crypto as“virtual assets” went into effect.
New Jersey Man Admits to Running Unlicensed Bitcoin Exchange
The erstwhile operator of “Destination Bitcoin” could face up to five years in federal prison and a $250,000 fine.
DeepDotWeb Operator Pleads Guilty to Laundering $8.4M in Bitcoin Kickbacks
Tal Prihar admitted to taking bitcoin payments from darknet marketplaces in exchange for referral links.
Acer Reportedly Hit With $50M Crypto-Ransomware Demand
Acer hasn't yet confirmed the attack, reports Tech Radar.
Russia's Darknet Criminals Have Novel Crypto Cash-Out System: 'Buried Treasure'
A darknet ad flagged by the crypto sleuths at Elliptic says vendors will bury vacuum-packed physical cash “5-20 cm under the ground.”
Romanian Barber Arrested for Allegedly Stealing $620K in Crypto
The man is accused of hacking "the seventh-largest cryptocurrency operator in the world."
Crypto Crime Siphoned Off Nearly $10.5B in 2020: Research
Blockchain analytics company Coinfirm noted that scams and fraud account for two thirds of the funds misappropriated.
Serbian Man Indicted for Embezzling $7M Through Fraudulent Crypto Schemes
According to the indictment, Kristijan Krstic founded two digital-asset investment platforms that fraudulently induced investors to buy securities in the form of investment contracts.
Australian Man Arrested for Trying to Launder $4.3M With Bitcoin
The man was arrested in his car, where police found $1 million in cash, cocaine and electronic devices.
