Search Results for "law enforcement"
China-Based Crypto Ponzi Scheme Generates $1 Billion Before Being Flagged
A cryptocurrency Ponzi scheme was reported by Chinese law officials, but not before fraudsters reaped more than $1 billion profit from it.
Ukrainian Security Department And Law Enforcement Uncover a Crypto Mining Farm in a Railway Subdivision in Lviv
According to a report, Ukrzaliznytsia has uncovered a hidden cryptocurrency mining farm in the Lviv railway subdivision, which has been making use of the country’s electricity without paying for it. This secret mining company was discovered by Ukrzaliznytsia's security department, in conjunction with law enforcement officials.
China’s Cryptography Law Piques Local Interest and Stirs Global Market Reaction
The recent passing of China's Cryptography Law, which will come into effect in 2020, has peaked local interest as searches for blockchain on WeChat surged ten-fold.
Europol Empowers Victims with Tools to Fend Off Ransomware Attacks
Europol, European Union’s law enforcement agency, has put together an anti-ransomware initiative that has managed to intercept $630 million dollars and more in ransomware demands, since 2016.
How Blockchain Can Uphold Creators' Rights and Copyright Law
Blockchain shows its versatility once again by becoming the perfect enforcer for copyright law, ensuring that authors receive their due credit and royalties.
How the New Crypto Law in India Could Play Out
After the celebration seen in India’s Supreme Court as the verdict was given against the Reserve Bank of India (RBI) in its action of restricting financial institutions from providing banking services to cryptocurrency-based businesses, interested parties are wondering how the recent news will play out.
US Court to Determine Which Law Firm Should Lead Classic Action Against Tether
Tether (USDT) stablecoin issuer, IFinex and its subsidiary, Bitfinex exchange are facing charges of allegedly manipulating the price of Bitcoin in 2017. Although the company, on the other hand, is vehemently in denial of the charges levelled against it.
SEC Arguments against Ripple for XRP Case Are Weak, says Law Official
With the pretrial for the SEC lawsuit against Ripple Labs looming, a joint letter has been presented by both parties to lay out arguments for the case.
India Darknet Policing Ramps Up Following Drug Racket Arrests
Law enforcement agencies in India are teaming up with national research and academic institutions to enhance their ability to police the darknet.
US Law Firms Had Data Stolen and Encrypted by Hackers Demanding Crypto Ransoms
There has been a recent report of an online breach in five United States law firms as it has been compromised by hackers demanding two 100 Bitcoins (over $933,000 at the time of this report) from each firm. The ransom demanded by the hackers was expected to be paid in parts, one to allow access to the data and another to delete the hackers' copy of the data instead of selling it.
More Than $400 Million in Bitcoin Withdrawn from BitMEX Following CFTC Charges
$400 million have been withdrawn from Bitmex in less than 24 hours after the US CFTC filed a legal enforcement action against the exchange’s owners.
Blockchain Transactions Affirm Suspicious Levels of RaaS Interconnectedness
Blockchain transactions confirm the interconnection between four prominent ransomware strains. A good sign for law enforcement to deter illicit money transfers.
