Crimes

Chainalysis Urges FATF to Rethink Data Demands on Crypto Exchanges

Blockchain analysis firm Chainalysis has hit back at recommendations from intergovernmental financial anti-crime organization the Financial Action Task Force (FATF)…

California Sentences Bitcoin Trader to 2 Years in Prison Over AML Compliance Failures

A LocalBitcoins trader who sold Bitcoin (BTC) to more than 1,000 people in the United States will serve two years…

Danish Man Faces Over 4 Years in Prison for Laundering $450K With Bitcoin

A 33-year old Danish man has been sentenced to four years and three months in jail for laundering over $450,000…

Nigeria: Financial Watchdog Receives Petition Against Crypto Exchange Over Account Closures

Estonia-based crypto firm Paxful Inc. has been accused of defrauding thousands of Nigerian investors out of millions of dollars worth…

Artificial Intelligence Helps South Korea Police End $18 Million Crypto Ponzi Scheme

South Korean police have arrested suspects behind a cryptocurrency ponzi scheme using artificial intelligence (AI), local English-language news outlet Korea…

Hong Kong: Illicit Crypto Mining Operations Are Punishable by Fine or Imprisonment

The secretary of Hong Kong’s Financial Services and the Treasury has stated that crypto mining operations are regulated by local…

India: Interim Bail Granted to Two Brothers Accused in $300 Mln Crypto Ponzi Scheme

The Supreme Court of India has granted interim bail to two brothers who are among the chief suspects accused of…

Canada Seizes $1.4 Million Bitcoin Holdings in Reportedly Largest Ever Forfeiture

A Toronto judge has ruled an online drug dealer must pay his entire $1.4 million Bitcoin (BTC) holdings to the…

Ukrainian Man Faces up to 6 Years in Jail for Cryptojacking on His Own Websites

Ukraine’s Cyber Police have arrested a man who allegedly placed crypto mining malware scripts on his own websites, local law…

This website uses cookies.