Identity Theft – DIGIT INFO

Robinhood to pay $45M in civil penalties to settle SEC charges

DIGIT — Tue, 14 Jan 2025 04:48:05 +0000

The SEC order found that Robinhood Securities LLC and Robinhood Financial LLC violated more than 10 separate securities law provisions.

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7 Indicted in $300,000 Queens Bitcoin Theft, Say Prosecutors

DIGIT — Wed, 14 Aug 2024 11:20:28 +0000

Seven individuals have been indicted for stealing over $300,000 in bitcoin from a Queens resident. The charges against them include grand larceny, money laundering, and identity theft, stemming from a lengthy investigation into a cryptocurrency wallet hack. Using advanced hacking techniques, the group allegedly stole the bitcoin and now face potential sentences of five to […]

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Queens Bitcoin Heist: Seven Charged With Grand Larceny and Money Laundering

DIGIT — Sun, 11 Aug 2024 03:46:07 +0000

Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing $300,000 in bitcoin from a Queens auto body shop owner. The victim’s 5.75 BTC, originally valued at $92,000, was taken by 20-year-old Aaron Peterson Jr. in November 2022 and later used to purchase luxury items, including a […]

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Fake ID crypto exchange sign-ups attract 2-year prison sentence

DIGIT — Fri, 21 Jun 2024 07:41:48 +0000

Australian authorities sentenced a man who had used other people’s identities to open accounts on crypto exchanges.

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Names of non-US FTX users demanded by mainstream media outlets

DIGIT — Thu, 06 Apr 2023 05:55:26 +0000

A number of mainstream media outlets are pushing to publicize the personal details of FTX’s non-U.S. customers, similar to what happened with Celsius.

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Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro

DIGIT — Sun, 26 Mar 2023 18:30:55 +0000

According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while traveling with fraudulent identification documents. Report Says Kwon’s Legal Representation Aims […]

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Debate over 2FA using SMS after sim-swapping victim sues Coinbase

DIGIT — Wed, 08 Mar 2023 05:41:25 +0000

While members of the crypto community are doubtful the lawsuit against Coinbase will be successful, it has sparked a conversation about the issues with SMS 2FA.

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Bank of Spain Reminds Public Cryptocurrency Purchases Can Be Blocked in Certain Cases

DIGIT — Mon, 11 Apr 2022 09:30:51 +0000

The Spanish central bank, Bank of Spain, has warned users about certain actions banks can take if they detect cryptocurrency purchases. In a post published on its web page, the institution explains that traditional banks have the ability to block these transactions if they suspect there are suspicious circumstances involved, such as those related to […]

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FBI Public Service Announcement Warns of ‘Increased’ Crypto ATM, QR Code Fraud

DIGIT — Fri, 05 Nov 2021 19:30:03 +0000

The Federal Bureau of Investigation (FBI), America’s domestic intelligence and security service, has published a public service announcement concerning fraudulent schemes associated with cryptocurrency ATMs and QR codes. The FBI’s warning, published on November 4, highlights the presence of “scammers” directing their energy at unknowing victims. US Federal Agency Warns of Increase in Crypto ‘Scammers’ […]

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FBI Warns Digital Currency Exchanges and Crypto Owners of Possible Threats

DIGIT — Mon, 12 Jul 2021 06:00:04 +0000

The U.S. Federal Bureau of Investigation (FBI) issued an industry-wide warning about possible attacks on exchanges and crypto holders this week. The institution declared that there are threats actively tracking virtual asset platforms in order to take hold of these assets, causing financial losses in the process. Sim swapping, account theft and tech support staff […]

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