cryptocurrency crime – DIGIT INFO

Virginia man convicted of funding ISIS using cryptocurrency

DIGIT — Tue, 17 Dec 2024 08:23:43 +0000

Chhipa sent $185,000 in cryptocurrency to ISIS members in Syria, funding prison escapes and fighters.

Bitfinex hacker should get 5 years jail for 120K BTC heist: Feds

DIGIT — Thu, 17 Oct 2024 05:59:25 +0000

Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on the Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say.

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US prosecutors push for 5–7 years in prison for ex-FTX exec

DIGIT — Wed, 22 May 2024 07:27:33 +0000

U.S. prosecutors demanded “just punishment” fitting the scale of his crime, but Salame’s lawyers argue that he should serve no more than 18 months.

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

DIGIT — Sat, 14 May 2022 22:49:42 +0000

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

DIGIT — Sat, 23 Jan 2021 15:45:47 +0000

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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