Bitgrail’s founder contributed to $150M loss, Italian authorities allege
Bitgrail’s founder Francesco Firano is accused of fraud related to the massive hack back in 2018. Go to Source Powered by WPeMatico
Police
Auto Added by WPeMatico
Bulgarian Electricity Company Unveils Details of Historic Power Theft Linked to Illegal Bitcoin Mining
One of the largest exporters of electricity in Europe has revealed details of the most significant theft they have had in history, linked to a massive illegal bitcoin mining farm in a small Bulgarian village. Bulgarian Electricity Company Uncovers Massive Electricity Theft Linked to Illegal Bitcoin Mining According to Vesti, CEZ Group and police in … Read more
Architect of DoJ’s crypto framework will no longer be leading their policy-making
Major figure in Justice Department’s cyber work is out from the policy office, but no word on where she’s heading next. Go to Source Powered by WPeMatico
The Long Arm of Justice: How Far Can the DoJ Really Go in Prosecuting Foreign Actors?
DoJ is now determined to hold the crypto industry to cross-border enforcement standards that have long applied to other sectors of finance. Go to Source Powered by WPeMatico
Okex Halts Withdrawals Due to ‘Out of Touch’ Private Key Holder, Founder Star Xu Talks With Police
The digital currency exchange Okex disabled cryptocurrency withdrawals on Friday morning and explained that funds were “safe and not affected.” Following the withdrawal announcement, regional reports claim that Okex’s founder Mingxing “Star” Xu was taken away by the police. On Friday morning (ET) a local report from the publication Caixin detailed that the founder of … Read more
OKEx founder reportedly under investigation as exchange suspends withdrawals
OKEx founder Star Xu was reportedly questioned by police a week ago. Go to Source Powered by WPeMatico
Law Decoded: Police and thieves on their screens, Oct 2–9
The Department of Justice made headlines in crypto and elsewhere, leading a week of law enforcement locking down around the world. Go to Source Powered by WPeMatico
Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered
According to the Kucoin exchange CEO Johnny Lyu, the trading platform has recovered $204 million in crypto assets since October 1. The exchange executive says the hacking suspects have been “found” and the “police are officially involved” in order to take action. On September 25, 2020, the crypto community found out that the Kucoin exchange … Read more
Crooked police chief sentenced to 8 years for dark web shenanigans
The charges are reminiscent of events that took place during the “Silk Road” saga. Go to Source Powered by WPeMatico
Indian police begin probe into alleged $270K cryptocurrency exchange scam
Another cryptocurrency scam in India has reportedly duped investors of hundreds of thousands of dollars. Go to Source Powered by WPeMatico