Crime
Former Attorney Pleads Guilty to Bitcoin Fraud That Bilked Investors Out of $5M
Philip Reichenthal and his co-conspirators persuaded their victims to send them millions of dollars to buy bitcoin and then just pocketed the money themselves.
New Documents Detail Prosecutors’ Concerns That Bitfinex Hack Laundering Suspects Would Flee
Prosecution also combatted the defense portrayal of Heather Morgan as an unwitting accomplice to her husband’s alleged crimes.
4 Unanswered Questions About the Bitfinex Hack
Even after high-profile arrests, we don't have the full story behind the $4.6 billion crypto heist.
New Chainalysis Report Suggests NFT Crime Doesn’t (Always) Pay
More NFT wash traders lost money than made money in 2021, according to the blockchain research firm’s data.
Tokens Related to Wonderland Developer Plunge After QuadrigaCX Revelation
Tokens of projects on the Avalanche and Ethereum networks started by Wonderland’s creator fell by as much as 22% in the past 24 hours.
Criminals Still Find It Easier to Hide in Fiat Than Crypto
Lawbreakers can run, but not hide, in transparent cryptocurrency networks, argues Gartner cybersecurity expert Avivah Litan.
Money Laundering Picks Up Steam on DeFi Protocols: Chainalysis
According to a new report from Chainalysis, cybercriminals laundered $8.6 billion in crypto last year – 17% of which went through DeFi protocols.
Is Tornado Cash Complicit in Laundering Crypto? It’s Complicated, Says Former DEA Agent
Obfuscation of the money trail isn’t necessarily money laundering, according to the expert, but it still makes the protocol worthy of being treated with suspicion.
Chinese Police Arrest 8 People Related to $7.8M Rug Pull
Police in Anhui province froze RMB 6 million in assets related to a rug pull with hundreds of victims.
Pakistan’s Crime Agency to Ask Telecom Authority to Block Crypto Websites: Report
The State Bank of Pakistan has already submitted recommendations for regulating cryptocurrencies.
