German and U.S. authorities right this moment closed a “crypto mixer” allegedly utilized by criminals on the darkish net to launder funds—and seized a load of Bitcoin within the course of. In a Wednesday announcement, Europol said it dismantled the ChipMixer platform’s infrastructure, which it described as “one of many darkish net’s largest cryptocurrency laundromats,” […]Read More
The UK Monetary Conduct Authority (FCA) continued its crackdown on unlawful Bitcoin automated teller machines (ATMs) this week, asserting it had inspected a number of websites in East London suspected of internet hosting unregistered machines. As per an announcement by the FCA on March 8, the monetary regulator acknowledged that it had investigated a number […]Read More
4 folks based mostly within the English county of Lancashire had been sentenced on Friday for conducting a scheme value over $24 million involving a glitch in an unnamed Australian crypto trade. The group reportedly stole over $24 million over a three-month interval in 2017, based mostly on the worth of 445 Bitcoin on the […]Read More
Chinese language authorities working out of the Mongolian metropolis of Tonglio introduced the arrest of 63 individuals concerned in an enormous cash laundering scheme that had netted $1.7 billion in cryptocurrency utilizing the Tether stablecoin. In line with the statement from legislation enforcement, the investigation started when a major spike in deposits totaling over 10 […]Read More
Singapore’s white-collar crime investigation unit, the Industrial Affairs Division (CAD), on Wednesday, launched a probe into troubled crypto lender Hodlnaut for “attainable dishonest and fraud,” based on an official statement. Between August and November, the police acquired “a number of reviews” that Hodlnaut and its administrators had made “false representations” in regards to the lender’s […]Read More
The Securities Fee of The Bahamas, the place FTX is headquartered, already froze the alternate’s belongings final Thursday and known as for a liquidator. Now the native police pressure is concerned. On Sunday morning, the Royal Bahamas Police Drive (RBPF) despatched this assertion to Decrypt: “In gentle of the collapse of FTX globally and the provisional […]Read More
Although the investigation is constant, police in Puerto Rico have discovered no proof of foul play within the dying of MakerDAO co-founder Nikolai Mushegian. The physique of Mushegian, 29, washed up on a seashore within the Condado neighborhood of San Juan, Puerto Rico, final week. Hours earlier than his dying, the developer, a foundational determine […]Read More
One other day, one other Ponzi. Yesterday morning, 100 police brokers unfold throughout three of Brazil’s federal states raided 20 addresses linked to a crypto fraud community managed by Francisco Valdevino da Silva, aka “Sheikh dos Bitcoins.” De Silva’s group is suspected of getting defrauded and laundered as much as 4 billion Brazilian reals (about […]Read More
The Australian Federal Police has arrange a devoted unit for tracing and seizing cryptocurrency linked to felony exercise, working as a part of its Prison Belongings Confiscation Taskforce (CACT). The nationwide supervisor of the CACT, Stefan Jerga, advised the Australian Financial Review that the taskforce felt a standalone workforce was essential to deal with the […]Read More
The Nationwide Police of Ukraine (NPU) efficiently took down a community of “name facilities” on Tuesday that focused Ukrainian and European Union residents who had been victims of crypto scams. The fraudulent name middle allegedly provided to assist these affected by crypto scams in addition to recommending funding packages in crypto, gold, oil, and different […]Read More
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