California Sentences Bitcoin Trader to 2 Years in Prison Over AML Compliance Failures
A California court case involving a LocalBitcoins trader has ended in a two-year jail sentence Go to Source Powered by WPeMatico
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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 in Bitcoin Go to Source Powered by WPeMatico
Nigeria: Financial Watchdog Receives Petition Against Crypto Exchange Over Account Closures
Estonia-based crypto firm Paxful Inc. has been accused of defrauding Nigerian investors out of millions of dollars worth of crypto through arbitrary account closures Go to Source Powered by WPeMatico
Artificial Intelligence Helps South Korea Police End $18 Million Crypto Ponzi Scheme
The two CEOs of an alleged South Korean crypto Ponzi scheme worth $18.3 million have been caught by police using AI Go to Source Powered by WPeMatico
Hong Kong: Illicit Crypto Mining Operations Are Punishable by Fine or Imprisonment
The secretary of Hong Kong’s financial watchdog has stated that illicit crypto mining operations are subject to local trading law Go to Source Powered by WPeMatico
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 running a Bitcoin (BTC)-related Ponzi scheme Go to Source Powered by WPeMatico
Canada Seizes $1.4 Million Bitcoin Holdings in Reportedly Largest Ever Forfeiture
Canada has confiscated $1.4 million of Bitcoin from an online drug dealer Go to Source Powered by WPeMatico
Ukrainian Man Faces up to 6 Years in Jail for Cryptojacking on His Own Websites
Ukraine’s Cyber Police arrested a 32-year-old man who was running crypto mining malware on his websites with 1.5 million monthly visitors Go to Source Powered by WPeMatico
Report: Lazarus Hacker Group Adopts New Methods, Continues Targeting Crypto
Alleged North Korea-sponsored hacker group Lazarus is reportedly still targeting digital currencies, and adopting new techniques to control users’ computer systems Go to Source Powered by WPeMatico
Singapore: Crypto Exchange DragonEx Reports Hack of Both Platform, User Assets
Singapore-based cryptocurrency exchange DragonEx has notified its users that it suffered a hack on March 24 Go to Source Powered by WPeMatico