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LocalBitcoins Deploys Elliptic’s Blockchain-Powered Tracking Tools for Enhanced Surveillance

LocalBitcoins Deploys Elliptic’s Blockchain-Powered Tracking Tools for Enhanced Surveillance

Leading peer to peer (P2P) Bitcoin trading platform LocalBitcoins has partnered with Elliptic, a global provider of crypto asset risk management solutions, to tame the headache of its illegal usage through blockchain-enabled monitoring tools.

Chinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 Billion

Chinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 Billion

Chinese authorities have arrested all 27 primary criminal suspects involved in the Plus Token Ponzi scheme that defrauded nearly 40 billion Chinese yuan, approximately $5.7 billion from victims.

Bitcoin Ransoms Doubled in 2019, New Report Warns Investors

Bitcoin Ransoms Doubled in 2019, New Report Warns Investors

Crypsis Group, a crypto forensics firm, noted in a recently released security report that crypto-ransoms, such as those involving Bitcoin, rose almost 200 percent for last year, compared to 2018.

French-Austrian Collaboration on Blockchain Forensics Instrument to Enhance Cryptocurrency AML

French-Austrian Collaboration on Blockchain Forensics Instrument to Enhance Cryptocurrency AML

The French cybersecurity firm Nigma Conseil and the Austrian Institute of Technology (AIT) have announced a partnership aimed to create a new blockchain forensics instrument.

CipherTrace Life Hack for Criminal Investigations: How to Know if Cryptocurrency Was Utilized

CipherTrace Life Hack for Criminal Investigations: How to Know if Cryptocurrency Was Utilized

CipherTrace blockchain analytics firm has revealed guidelines that could help law enforcement identify that cryptocurrency was used for illicit activities.

SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace

SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace

The US Securities and Exchange Commission plans to award CipherTrace blockchain analytics firm with a contract pertaining to Binance Chain.

US Seizes $24M in Cryptocurrencies Tied to Brazilian Investment Fraud Probe

US Seizes $24M in Cryptocurrencies Tied to Brazilian Investment Fraud Probe

The US Department of Justice has seized $24 million in cryptocurrencies following investigations linked to online investment fraud.

CipherTrace Unveils New Compliance Software For Banks Against Illicit Crypto Transactions

CipherTrace Unveils New Compliance Software For Banks Against Illicit Crypto Transactions

CipherTrace launches Armada to fix the blind spot in cryptocurrency compliance

Belgium’s FSMA Blacklists More Crypto Investment Businesses Following Customer Complaints

Belgium’s FSMA Blacklists More Crypto Investment Businesses Following Customer Complaints

Belgium’s Financial Services and Markets Authority (FSMA), a body mandated with the oversight and regulation of the nation’s financial services sector, has opted to add more crypto investment businesses to its blacklist for fraudulent activities. According to an official announcement, this decision was sparked by new cries aired by customers about cryptocurrency investment offers meant to swindle them.

Indian Woman Caught After Stealing 63.5 Bitcoins From Company She Co-Founded

Indian Woman Caught After Stealing 63.5 Bitcoins From Company She Co-Founded

Ayushi Jain, a 26-year-old Indian woman, has been arrested by police after she stole 63.5 Bitcoins worth approximately $420,000 from Bengaluru-based BitCipher Labs LLP, a company she co-founded with Ashish Singhal.

CipherTrace Unveils Crypto Predictive Risk Model to Combat Suspicious Transactions in Wake of Twitter Scam

CipherTrace Unveils Crypto Predictive Risk Model to Combat Suspicious Transactions in Wake of Twitter Scam

CipherTrace, a cryptocurrency intelligence company, has introduced a predictive risk-scoring model to instantly avert money laundering of cryptocurrencies from ransomware attacks and theft.

New Zealand Police Froze $140 Million in Assets and Crypto From Alleged BTC-e Exchange Money-Launderer Alexander Vinnik

New Zealand Police Froze $140 Million in Assets and Crypto From Alleged BTC-e Exchange Money-Launderer Alexander Vinnik

New Zealand police said they have frozen $140 million linked to Russian crypto fraud suspect, Alexander Vinnik, alleged to have been the operator of the now-defunct BTC-e crypto exchange.

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