Report: Crypto-Related Fraud and Theft Resulted in $4.4B Loss in 2019
According to CipherTrace’s latest report, the total volume of crypto-related fraud and theft resulted in losses worth $4.4 billion in 2019 Go to Source Powered by WPeMatico
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Signs Point to Inside Job in Upbit Crypto Exchange Hack, Says Commentator
In the wake of a 342,000 ETH theft from South Korean crypto exchange Upbit, commentators deem an inside job to be more likely than a hack Go to Source Powered by WPeMatico
Former Hollywood Executive Admits to Embezzling $22M to Buy Crypto and Gamble
A former executive of Hollywood-based StyleHaul Inc, Dennis Blieden, has admitted to embezzling $22 million from his employer to buy crypto and gamble Go to Source Powered by WPeMatico
Canada: Thieves Steal $4K From Bitcoin ATM, Leave $50K Untouched
Two men have stolen $4,000 from a Bitcoin ATM in a small-town grocery store, but left $50,000 behind in an overlooked canister Go to Source Powered by WPeMatico
US Think Tank Releases Report on Investigation Into Illicit Transactions on the Dark Web
U.S. think thank releases a report on the future of investigating illicit transactions on the dark web, including tracing crypto use Go to Source Powered by WPeMatico
New York Judge Grants US Government Right to Intervene in $7M Bitcoin Fraud Case
The U.S. government now has the right to interfere in a multimillion Bitcoin scam case initially brought before the court by the CFTC Go to Source Powered by WPeMatico
Cryptocurrency Forensics Firm Elliptic Ties $400M in XRP to Illicit Activities
Cryptocurrency analytics firm Elliptic states that $400 million in XRP tokens are tied with illicit activities Go to Source Powered by WPeMatico
Malware on Official Monero Website Can Steal Crypto: Investigator
Monero’s official website was compromised to distribute software that steals cryptocurrency Go to Source Powered by WPeMatico
U.S. Gov’t Extradites Alleged Fraudster for Selling Fake Securities for $11 M in BTC
U.S. extradites man for selling investors shares in gold company that had no gold in exchange for over $11 million in Bitcoin and other cryptos Go to Source Powered by WPeMatico
BBC: New Files Allegedly Connect $450M in Lost Bitcoin to Russian Intelligence
Recent BBC investigation into the BTC-e crypto exchange case reveals new details allegedly connecting lost funds to Russia’s FSB Go to Source Powered by WPeMatico
