Crime
Crypto Exchange Upbit Sets Withdrawal Delay in Bid to Tackle Fraudsters
The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks.
Irish Man Gets 3 Years in Prison for Stealing $2.5M in Crypto Through SIM Hacks
The man was part of a criminal group that compromised crypto accounts with assistance from contacts at mobile operators.
Alleged Promoter of BitConnect Crypto Scam Charged in Australia
The accused faces a lengthy prison sentence if convicted.
Binance Gives $200K to Investigators Who Helped Identify Actors Behind 2018 Attack
The exchange has awarded a bounty of $200,000 to private investigators who helped now-indicted bad actors who attacked the exchange in 2018.
Ex-Microsoft Dev Gets 9 Years in Prison Over $10M Theft Involving Bitcoin Mixing
The former Microsoft software engineer was sentenced Monday for an elaborate criminal scheme involving bitcoin and digital gift cards.
UK Police Find no Crime in Alleged $3M Crypto 'Staking' Scam
Investors who say they lost money in an alleged cryptocurrency fraud have had no luck persuading the police there was a crime committed.
Tether Froze $300K of Stablecoin Hacked After Victims Left Wallet Keys in Evernote
The U.S. government is pursuing a civil forfeiture claim on the more than 300,000 units of the tether (USDT) cryptocurrency said to have been stolen earlier this year.
FBI Investigated Extortion Attempt Over Allegedly Negative Ripple Videos
Ripple was threatened three years ago when the prices of XRP and bitcoin shot to historic highs.
US Charges 6 With Laundering Mexican Drug Cartel Cash Using Crypto and Casinos
The U.S. Department of Justice charged the six individuals with alleged involvement in laundering funds from Mexican drug cartels after an investigation spanning years.
New Zealand Man Charged With Money Laundering via Crypto and Luxury Cars
As well as making cryptocurrency transactions, the man is alleged to have bought luxury cars and property to launder funds.
