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Tag: crypto crimes

This Week in Coins: Weak Week for Bitcoin and Ethereum—and Worldcoin – Decrypt

The beginning of the week saw the underwhelming launch of Worldcoin Protocol, along with its native cryptocurrency, WLD. Worldcoin is co-founded by Open AI CEO...

South Korea Ramps Up Crypto Crackdown With New Investigative Team

Around 30 people from judicial, financial, tax, and customs departments would comprise the team. It will speed up the whole investigation process for crimes...

6 Years in Prison for Arizona Entrepreneur for Offering Shadow Banking Services to Crypto Exchanges

A joint investigation by the FBI’s Money Laundering Squad and Internal Revenue Service-Criminal Investigations led to a 75-month prison sentence for 64-year-old Arizona...

US Secret Service holds crypto, praises blockchain tech in Reddit AMA

The United States Secret Service owns crypto, has its own NFT collection, and has praised blockchain technology's ability to fight financial crime, Reddit users...

FCA Complies With Crypto Firms to AML and Counter-Terrorism Legislation

34 seconds ago | 2 mins read Market News FDC seeks industry inputs...

North Korean Hackers Involved In Euler Finance Exploit: Chainalysis

The recent Euler Finance exploit is the largest attack in the crypto space in 2023. The incident occurred through a flash loan attack that...

These 3 Crypto Assets Account for 85% of $70M Crypto Donations to Ukraine: Report

It was on February 24, 2022, that Russia launched the military offensive on Ukraine. On the completion of one year of the war,...

Bitcoin Killers: 9 Failed Bitcoin Hits

The crypto community has come a long way from the days of the infamous Silk Road and the association of Bitcoin (BTC) with criminal...

South Korea to Launch Crypto Tracking System in First Half of 2023

2 hours ago | 2 mins read Bitcoin News According to official statistics, 75% of all illicit FX transactions include some...

SlowMist Report Reveals Tricks Crypto Scammers Used in 2022

SlowMist, an internationally famed blockchain security company, has found that more than 300 security incidents were recorded in 2022. Of these, almost one-third were...

North Korean Hackers Impersonate VCs to Steal Crypto

North Korean hackers are stealing crypto by faking Japanese venture capitalists and banks. The gang has been exploring new file formats and other virus...

How crypto crimes are evolving, and what to expect in 2023

Since the inception of Bitcoin in 2009, the cryptocurrency market has registered exponential growth. Cryptocurrency usage is snowballing; total transaction volume grew to US$15.8...

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