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Western Australian Police Force Seized 1.5 Million Worth of Crypto in a Drug Investigation

Western Australian Police Force Seized 1.5 Million Worth of Crypto in a Drug Investigation

The Australian Border Force (ABF), the Western Australian Police Force announced that the team has arrested a 27-year-old man and a 25-year-old woman over drug probe, seizing and frozen an incredible amount of 1.5 million worth of cryptocurrency found in the electronic device held by the culprits.

JBS Paid Hackers $11M Worth of Bitcoin to Set Free From Hacker Attack

JBS Paid Hackers $11M Worth of Bitcoin to Set Free From Hacker Attack

JBS's CEO Andre Nogueira revealed the company had paid hackers $11 million worth of Bitcoin ransom to set free. Nogueira insisted that is the right decision.

Zcash-Commissioned Research Find Cybercriminals Prefer Bitcoin Over Other Cryptocurrencies

Zcash-Commissioned Research Find Cybercriminals Prefer Bitcoin Over Other Cryptocurrencies

Independent research commissioned by the Electric Coin Company (ECC), the parent firm of privacy-focused cryptocurrency Zcash, concluded cybercriminals are much likely to use Bitcoin over other digital assets.

Venezuelan President Maduro Leveraged Cryptocurrency to Conceal Drug Ring Transactions According to US DOJ

Venezuelan President Maduro Leveraged Cryptocurrency to Conceal Drug Ring Transactions According to US DOJ

Venezuelan President Maduro and 14 other high-ranking Venezuelan officials have been charged for their alleged involvement in a multibillion-dollar cocaine trafficking ring that the the DOJ claimed wreaked havoc on American communities by flooding the markets with cocaine for over 20 years. According to Homeland Security Investigations (HSI), the Venezuelan officials had leveraged cryptocurrency in an attempt to mask their money trail on their alleged crimes

DeFi Protocol Wintermute Suffers $160M of Hack: CEO

DeFi Protocol Wintermute Suffers $160M of Hack: CEO

Cryptocurrency market maker and Decentralized Finance (DeFi) lending protocol Wintermute has been hacked with over $160 million lost.

FBI Says Cyber Criminals Dealing With Crypto are Rapidly Upgrading

FBI Says Cyber Criminals Dealing With Crypto are Rapidly Upgrading

The United States Federal Bureau of Investigation (FBI) says that law enforcement can barely keep up with the advancements of criminal activities in the cryptocurrency sector.

Russian Cybercriminals Sanctioned by DoJ for Crypto Laundering Scam Generating More than $16.8M

Russian Cybercriminals Sanctioned by DoJ for Crypto Laundering Scam Generating More than $16.8M

TheDoJ has sanctioned two Russian nationals for their cybercrimes, where millions in cryptocurrency were accumulated through scamming and phishing schemes.

Chainalysis Partners with Wyoming Watchdog to Fight Cybercrime and Crypto Laundering Scams

Chainalysis Partners with Wyoming Watchdog to Fight Cybercrime and Crypto Laundering Scams

Chainalysis has announced partnered with Wyoming’s Division of Banking to fight cybercrime, crypto laundering, crypto scams, sanctions violations, and more.

Bitcoin Sex Scam Claims Another Victim and Generates $115,000 BTC

Bitcoin Sex Scam Claims Another Victim and Generates $115,000 BTC

Recently, a Bitcoin sex scam that has been running since 2015 accumulated fraudulent funds of approximately $115,000 before being detected.

Binance Becomes First Exchange to Join Cybercrime Fighting Alliance

Binance Becomes First Exchange to Join Cybercrime Fighting Alliance

Binance cryptocurrency exchange has joined the National Cyber-Forensics and Training Alliance (NCFTA), becoming the first digital currency trading platform to make such a move.

Member of Dark Overlord Crypto Hacking Group Pleads Guilty to Ransom Attacks

Member of Dark Overlord Crypto Hacking Group Pleads Guilty to Ransom Attacks

UK national Nathan Wyatt was found guilty of multiple charges this week after extracting personal information from victims while demanding a Bitcoin ransom.

Woman Arrested for Bitcoin Murder-for-Hire Deal with Dark Web

Woman Arrested for Bitcoin Murder-for-Hire Deal with Dark Web

A Nevada woman has been charged with a murder attempt in which she paid a hitman Bitcoin in exchange for killing off her ex-husband.

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