crypto crime – DIGIT INFO

UK to expand crypto crime agency, hiring spree underway

The job involves investigating crypto fraud, money laundering and other blockchain-based crime performed by organized groups.

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Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner

Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an “international cryptocurrency enforcement action,” the U.S. Justice Department announced. The Russian owner of the platform has been arrested for his role in the alleged transmission of illicit money. Bitzlato claimed it was hacked. US, France […]

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Criminal use of crypto an ‘emerging threat’ — Australian police

Law enforcement will need to “continually evolve” in order to keep pace with criminals, Australia’s federal police said.

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Put your hands up! Interpol storms into the Metaverse

Interpol’s metaverse is up and running and has been designed to streamline communication between various units, along with providing an avenue to conduct education and training.

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ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review

With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. Amidst red hot inflation in the U.S., President Joe Biden notes that gas […]

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Tornado Cash left a void, time will tell what fills it — Chainalysis chief scientist

There’s a hole to be filled where Tornado Cash once was, and “junior mixers” are vying for position in the wake of the mixers sanction and ban by the U.S. Treasury.

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Downfall of Canada’s Lambo driving ‘Crypto King’ reportedly sees $35M in losses

Founder of fraud recovery law firm says the only other avenue available for investors would be to make reports to the Ontario Securities Commission or the police.

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FBI Arrests 2 Men Planning ‘Violent’ Robbery of Bitcoin Worth Millions of Dollars — They Face 20 Years in Prison

FBI Arrests 2 Men Planning 'Violent' Home Robbery to Steal Bitcoin Worth Millions of Dollars

The Federal Bureau of Investigation (FBI) has arrested two men who participated “in a violent plan to break into a family’s home in the middle of the night” to steal bitcoin worth tens of millions of dollars,” according to the U.S. Department of Justice. They could go to prison for 20 years. 2 Men Charged […]

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Illicit crypto usage as a percent of total usage has fallen: Report

A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline.

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US, UK, Canada, Australia, Netherlands Share Crypto Criminal Leads, Including a Potential $1B Ponzi Scheme

US, UK, Canada Share 50 Criminal Leads, Including a Potential $1 Billion Ponzi Scheme

Officials from the U.S., U.K., Canada, Australia, and the Netherlands have shared data and identified more than 50 crypto-related criminal leads, including one case that could be a $1 billion Ponzi scheme. Officials Share Data on Global Crypto Crime The heads of tax enforcement from the Joint Chiefs of Global Tax Enforcement (J5) countries met […]

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