Indian crypto exchange WazirX struggles to recover funds 60 days after hack
WazirX’s $235 million hack recovery efforts face hurdles as internal findings yield little to no significant breakthroughs. Go to Source
Crime
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Bitcoin ETF security concerns mount after FBI warns of North Korean hackers
North Korean hackers are reportedly targeting the billions of dollars in BTC and ETH held by crypto ETF custodians. Go to Source
FCA Files First Charges Against Unregistered Crypto ATM Operator in UK
The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is accused of running a network of crypto ATMs that processed £2.6 million in transactions without registration, violating anti-money laundering … Read more
Crypto firm’s CEO resigns after being robbed of company funds at gunpoint
Revelo Intel’s now-former CEO Nick Drakon believes the robbery may have been an inside job and is working with local authorities on the matter. Go to Source
Behind bars: 6 crypto execs who did time and one who got away…
These crypto leaders had it all, but that couldn’t stop them from going to jail. Go to Source
Home invaders used machete, Toblerone to rob man of Bitcoin
For the first time ever, a Scottish court seized Bitcoin from the “technical brains” behind a robbery where a woman was beaten with a Toblerone. Go to Source
How Big Tech handles privacy and governments’ data demands
When privacy is at stake, how do tech leaders respond to government demands? Take a look at the tactics of the Big Five. Go to Source
7 Arrested in Illegal Bitcoin Mining Crackdown in Malaysia
Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by law enforcement, focused on detecting and stopping bitcoin mining activities linked to electricity theft. The suspects, aged between 30 and 74, included three local men … Read more
Indian Authority Arrests Man in Crypto Extortion Case
A Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection with kidnapping and extortion cases, including a significant cryptocurrency-related crime exceeding Rs 1,200 crore ($144 million), according to the Enforcement Directorate (ED). Bhatt was taken into custody following a money-laundering probe initiated by the ED based on FIRs filed by … Read more
DOJ recommends harsher sentences AI-enhanced crimes
Using AI to plan, commit, or help cover up a plan could lead to harsher sentencing in the US soon. Go to Source
