Hong Kong’s losses to crypto scams doubled to $217M last year: Report
Crypto-related scams in Hong Kong reportedly accounted for over 50% of the total $407 million stolen from city residents in tech crimes in 2022. Go to Source Powered by WPeMatico
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Terraform Labs co-founder Do Kwon gets probed by Singaporean authorities
Local police in Singapore sent an email on Monday saying that they have begun a probe connected to Do Kwon’s Terraform Labs. Go to Source Powered by WPeMatico
French police arrest 2 people in connection to Platypus attack
The French police have arrested two suspects and seized 210,000 euros worth of crypto in connection with the Platypus exploit. Go to Source Powered by WPeMatico
Interpol wants to police metaverse crimes, reveals secretary general
According to Stock, criminals have started targeting users on platforms similar to the metaverse, adding that “We need to sufficiently respond to that.” Go to Source Powered by WPeMatico
Interpol Is Figuring Out How the Metaverse Will Be Policed
The International Criminal Police Organization, Interpol, is working on how to police the metaverse, a digital world that is projected as an alternative to the real world. Interpol secretary general Jurgen Stock believes the organization must be ready for this task in order to not be left behind by the metaverse and its related technology. … Read more
Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says
European law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds processed through the platform were associated with various criminal activities. Bitzlato Senior Management Targeted in Europe, Exchange Infrastructure Dismantled High-ranking executives of the recently busted Bitzlato … Read more
Nexo offices reportedly raided by police in Bulgaria
The investigators have alleged that Nexo is involved in money laundering and violating global financial sanctions against Russia. Go to Source Powered by WPeMatico
Breaking: FTX founder Sam Bankman-Fried arrested and in custody: Attorney General
A statement from the Attorney General of The Bahamas was made on Dec. 12. Go to Source Powered by WPeMatico
Coinbase report shows dramatic increase in law enforcement enquiries worldwide
The crypto exchange says the overall number of enquiries is up 66%, with the United States producing the most by far; the U.S., and three European countries made 80% of all requests. Go to Source Powered by WPeMatico
Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions
The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told Russian media. Russian Police Brag About New Crypto Tracing Tool on Eve of Anti-Corruption Day Employees of MVD, … Read more