crypto crime
Ireland's CAB Seizes Bitcoin Worth €52 Million from Drug Dealer
Ireland’s Criminal Assets Bureau (CAB) has been given the go-ahead by the high court to seize Bitcoin valued at €52 million, approximately $56 million USD, from a forty-nine-year-old drug dealer.
LA County Sheriff's Deputy Discusses Tackling Crypto Crimes on Podcast
Tony Moore discusses crypto crimes and law enforcement's evolving methods.
Cybercrime on the Rise: 2024 Mid-Year Crypto Crime Report Highlights
Chainalysis reports a 20% drop in overall crypto crime in 2024, but stolen funds and ransomware incidents are surging.
Siren's Role in Combating Transnational Crypto Crime on Public Key Podcast
In the latest Public Key podcast episode, John Randles discusses Siren's platform aiding law enforcement in tackling transnational crypto crime.
Chainalysis Report Reveals Surge in China-Based CSAM Networks and Crypto Scams in 2024
Chainalysis' mid-year update highlights a rise in China-based CSAM networks and evolving crypto scams, including the notorious pig butchering schemes.
Operation Shamrock's Role in Combating Crypto Crimes and Pig Butchering Scams
Operation Shamrock, led by Erin West, tackles crypto crimes and pig butchering scams through collaboration and innovation in law enforcement strategies.
US House Committee to Probe Crypto Crimes in November Hearing
The US House Financial Services Committee will hold a hearing today, November 15, 2023, to examine illicit cryptocurrency activities, including money laundering and terrorist financing, and discuss the Department of Justice's focus on these crimes.
Authorities in the U.S and Brazil Disrupt Crypto Fraud Ring
The United States Immigration and Customs Enforcement recently reported an investigation by the Brazilian National Police, U.S. Homeland Security Investigations (HSI) and other law enforcement agencies that led to the disruption of crypto-related fraud across several countries but with operational base in Curitiba, Brazil
US DOJ Launches National Crypto Enforcement Team
The US DOJ has unveiled establishing a National Cryptocurrency Enforcement Team (NCET), a law enforcement task force fighting crypto crime.
US Army Reveals That North Korea Has A Legion of 6,000 Hackers Working for the Nation
In a tactical report, the US Army unveiled that North Korea possessed government-based divisions assigned to cryptocurrency and crypto cybercrimes.
Police Arrests 2 Suspects Involved in 2016 Bitfinex Hack
U.S. authorities have arrested a Manhattan-based couple identified as Lichtenstein and Morgan, suspected to be a part of the masterminds behind the 2016 Bitfinex exchange hack.
Kaspersky Report: Bitcoin Crime to Rise in 2021 Due to Covid-19 Induced Poverty
According to a new Kaspersky report, the coronavirus pandemic will increase cases of crypto and Bitcoin crimes in 2021.
Waze Co-Founder Uri Levine Says Cryptocurrency and Bitcoin is Only for Crime and Dark Economy
Uri Levine, Waze Co-Founder, has revealed that he believes Bitcoin and other crypto assets are purely for the dark economy and only really leveraged by criminals.
Ripple and Chainalysis to Discuss How Crypto for Crime and Child Exploitation Can Be Prevented
An illicit way in which cryptocurrencies have been used in the digital age has been to drive the distribution of child sexual abuse material (CSAM).
US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate
The US Treasury Department Office of Foreign Asset Control has sanctioned two men believed to involved in laundering stolen cryptocurrency from a 2018 cyberattack against a cryptocurrency exchange.
Twitter Bitcoin Hack Demonstrates That Crypto Fraud is Easier to Track Than Fiat
Cryptocurrency regulation was the hot topic during an ongoing panel hosted by the Association of Certified Financial Crime Specialists.
White House Budget Urges Legislation to Return Secret Service to Treasury Due to Crypto Crime Surge
Cryptocurrencies, and other technological advancements, projected as a threat to the international financial marketplace, the department believes has contributed to more groups of criminal organizations and more links between financial and electronic crimes combined.
US Government Creates Cyber Fraud Task Force to Put an End to Crypto Crime
The US Secret Service is hoping to put an end to the increasing money-laundering cases that have erupted with the rise of COVID-19, by creating a special division, dubbed the Cyber Fraud Task Force (CFTF).
Why Regulated Banks Have Greater Potential For Financial Crime Than Bitcoin and Crypto
While agencies focus their attention on transparent Bitcoin transactions, banks have had an official free pass disclaimer to facilitate money laundering the entire time.
Bitcoin Price Drop, An Aftermath of Janet Yellen Calling the Cryptocurrency "Extremely Inefficient"
The crypto market with Bitcoin in the lead is down following comments from Treasury Secretary, Janet Yellen that BTC is mainly used in crime and is inefficient.
UN Agency Advises Kenya to Embrace Blockchain Technology to Tame Corruption
The United Nations Office of Drugs and Crime (UNODC) wants Kenya to embrace blockchain technology to fight runaway corruption.
Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices
The Chairman of the Board of Directors of Bithumb Holdings, Lee Jung-hoon has been summoned by the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit following the unit's incessant raid on the exchange.
European Union Parliament Considers Petition for Crypto Fraud Victims Fund
European Union Parliament is considering a petition from a consortium of individuals and companies to establish a restitution fund for victims of crypto-fraud.