crypto crime – Page 2

How to protect yourself from the recent spate of ‘crypto muggings’

Cointelegraph spoke with security experts who shared tips on how to keep crypto safe after a slew of robberies in the UK successfully stole thousands worth of crypto from everyday holders.

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Terrible crypto trader gets 42 months for fraud, claiming he was a total gun

Jeremy Spence aka “Coin Signals” scammed around $5 million from 170 investors who were unaware their crypto was used to fund a Ponzi scheme.

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US gov attorneys to target individuals and gatekeepers for crypto prosecutions

Major regulatory agencies plan to work harder to prosecute individuals and companies that have had dodgy dealings with digital assets.

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Crypto Crime Falls in China, Surges in Hong Kong, Reports Reveal

China’s cryptocurrency transactions related to criminal activities have decreased significantly over the past couple of years, a new report suggests. At the same time, its special administrative region of Hong Kong is seeing a spike in crypto-related crime this year, with authorities attributing the rise to the popularity of crypto investments. Chinese Crime-Related Crypto Transactions […]

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China crypto crime: Still ‘top ranked’ for illicit activity but crime is falling

Chinese wallets both sent and received more than $2 billion worth of crypto associated with illicit activities between April 2019 and June 2021.

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Brazil’s ‘Bitcoin King’ arrested over 7,000 missing BTC

The alleged fraudster’s crypto brokerage filed for bankruptcy in 2019 after claiming to have been the victim of a hack.

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Instagram Influencer Charged for Allegedly Stealing Millions of Dollars in Bitcoin From Followers

Popular Instagram Personality Charged After Stealing Bitcoins Worth Millions of Dollars From Followers

A popular Instagram personality has been charged in the U.S., accused of stealing bitcoins worth millions of dollars from his followers. He allegedly convinced the “victims to sell him their bitcoin at attractive, but inflated, values” but he never wired them the money for the coins sent to him. Instagram Influencer’s Bitcoin Scam The U.S. […]

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Mirror Trading International Named Biggest Crypto Scam of the Year After Raking in $589 Million

Blockchain analysis firm, Chainalysis’ latest crime report has named Mirror Trading International (MTI) as the biggest cryptocurrency scam of 2020. Chainalysis arrived at this conclusion after an investigation found that MTI had taken in $589 million from more than 471,000 deposits. According to the report, MTI’s haul is significantly higher than that of Forsage and […]

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Crypto crime dropped 57% in 2020 but DeFi hacks surged: CipherTrace

Crypto crime rates are dropping despite a massive increase in attacks targeting the DeFi sector, reports security firm CipherTrace.

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Crypto Crime Fell Sharply to Only 0.3% of All Cryptocurrency Activity in 2020

A study by blockchain analytics firm Chainalysis finds that cryptocurrency-related crime has fallen significantly. The criminal share of all crypto activity fell to just 0.34% in 2020. This contradicts recent statements by U.S. Treasury Secretary nominee Janet Yellen and ECB President Christine Lagarde that cryptocurrencies are mostly used for illicit financing. Crypto Crime Plummeted in […]

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