You Searched For "crypto crimes" and got 20 results
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A US government report urges tighter rules around crypto ATMs to clamp down on human trafficking and drug dealing
The GAO report pointed out a loophole in regulations that cover crypto ATMs that could aid illicit …
Isabelle Lee
Cybercrooks laundered $8.6 billion worth of dirty crypto last year as laundering surged 30%, Chainalysis says.
A Chainalysis report showed $8.6 billion worth of cryptocurrency was laundered in 2021, marking a 3…
Adam Morgan McCarthy
Criminal cryptocurrency 'whales' amassed $25 billion worth of assets in 2021
Chainalysis identified the darknet market as the most common source, followed by funds netted throu…
Isabelle Lee
Hong Kong arrests 2 siblings for allegedly laundering nearly $50 million via crypto exchange and banks
Customs officers arrested a 28-year old woman and her 21-year-old brother in their home for launder…
Isabelle Lee
The Biden administration just rolled out recommendations for regulating crypto that signals potential for a digital dollar and tighter penalties to crack down on crime
The White House's new crypto framework said a central bank digital currency "has the potential to o…
Brian Evans
Billionaire investor Charlie Munger compares crypto to a venereal disease and says the US should ban it
Warren Buffett's business partner said some people welcome crypto's usefulness in committing crimes…
Hamza Fareed Malik
UK law enforcement has reportedly seized $435 million worth of crypto in criminal investigations in the last 5 years
The London Metropolitan Police discovered most of the illicit bitcoin, seizing £294 million, or $39…
Natasha Dailey
The stunning growth of cryptocurrency markets in 2021 also came with an 80% rise in crypto crimes, new analysis shows
In 2021, crypto-based crimes hit a new all-time high with illicit addresses receiving $14 billion, …
Isabelle Lee
A crypto hacker just pulled off one of the largest heists in history, swiping $625 million in tokens
"We are working with law enforcement officials, forensic cryptographers, and our investors to make …
Phil Rosen
Legendary investor Charlie Munger says crypto is a terrible bet, and the US should ban it entirely
Warren Buffett's 99-year-old business partner called out the wild speculation, dearth of regulation…
Theron Mohamed
Silvergate shares tumble as the crypto bank's ties to FTX come under a probe by the DOJ's fraud squad
The US Justice Department's fraud unit is probing Silvergate's ties with crypto exchange FTX and it…
Zinya Salfiti
Crypto giant Tether faked key documents to set up bank accounts – and terrorists then used one of them to launder money, report says
Tether is a key player in crypto because it is the issuer of a dollar-pegged stablecoin with a $71 …
George Glover
Founder of now-defunct BitConnect has been indicted for a $2.4 billion crypto Ponzi scheme.
BitConnect has since ceased trading and its founder, Satish Kumbhani, has been charged with a litan…
Adam Morgan McCarthy
Binance named as the top handler of bitcoin from crypto exchange charged in $700 million drug-dealer darkweb bust
Binance was the top receiver of bitcoin from Bitzlato, a crypto exchange shut down by the DOJ and a…
George Glover
'Pig-butchering' scams have netted criminals $75 billion in stolen crypto, study says
Pig-butchering scams involve sending a wrong-number text and then building trust with a victim, who…
Yuheng Zhan
The US Justice Department is tightening its oversight of cryptocurrencies with the launch of 2 new enforcement initiatives
One of the initiatives is called the "National Cryptocurrency Enforcement Team," which will tackle …
Isabelle Lee
The boom in NFTs has led to a spike in crime around digital collectibles. Here are 2 of the most rampant schemes, according to Chainalysis.
Chainalysis identified two rampant schemes criminals used in 2021—wash trading and money laundering…
Isabelle Lee
Crypto scammers have reportedly stolen ₹1000 crore off Indian users by posing as fake exchanges
The CoinEgg scam uses fake domains and social media accounts to coax users into investing in fake e…
Indian investors have lost nearly ₹1,000 crore to fake cryptocurrency exchanges
Cyber-security company CloudSEK said it has uncovered an ongoing operation involving several phi…
Avalanche-based DeFi platform Vee Finance says it's lost $35 million in ether and bitcoin in a crypto hack
Avalanche-based platform Vee Finance said Tuesday it had been hacked and a total of around $35 mill…