2021-1-14 15:59 |
The operator of a Bulgarian crypto exchange has received a 10-year prison sentence for money laundering in connection with an Eastern European cybercrime syndicate. origin »
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After a two-year trial, Jatinder Singh has been sentenced to three years in prison following a case in which Crypto.com accidentally sent him over $6.5 million. In a high-profile case involving one of the world’s leading crypto exchanges, an Australian…
2024-8-14 17:55 | |
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The mastermind of what the U. S. Department of Justice calls a scam of “epic proportions” has been sentenced to 10 years in prison. His crypto scheme collected over $147 million, duping 72,000 investors.
2021-1-13 16:30 | |
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The 53-year-old Bulgarian national was convicted for laundering funds via cryptocurrency for a fake online auctions gang.
2021-1-13 12:47 | |
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The mastermind behind a $25 million cryptocurrency debit card scheme has been sentenced to one year and one day in prison, in addition to three years of supervised release. The authorities have also seized his cryptocurrency.
2020-12-18 14:05 | |
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The cryptocurrency firm had falsely claimed to have an impressive executive team, as well as 38 state money transmitter licenses.
2020-12-16 13:41 | |
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A cryptocurrency founder has been arrested and is facing up to 10 years imprisonment for tax evasion after running an exit scam. He allegedly made millions of dollars from his cryptocurrency and used an elaborate scheme to avoid paying taxes.
2020-12-13 05:55 | |
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A South Florida federal district judge has sentenced Jose Angel Aman to 84 months in prison for his role in perpetrating a $25 million diamond Ponzi scheme. In addition, the judge ordered Aman to pay over $23 million in restitution to victims who invested in his diamond cutting business and the purported diamond-backed crypto token.
2020-12-10 18:05 | |
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Jose Angel Aman, charged with operating the fraudulent investment scheme, was sentenced to serve six years in federal prison and pay over $23 million in victim restitution by a federal court in Florida.
2020-12-10 00:56 | |
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Russian crypto exchange BTC-e’s operator Alexander Vinnik has now been sentenced to five years in prison by a French court and fined 100,000 euros. He was arrested over three years ago in Greece, extradited to France, and is wanted in the U.
2020-12-8 16:10 | |
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Alexander Vinnik, the alleged owner and operator of defunct crypto exchange BTC-e, has been sentenced to five years in prison for money laundering involving Bitcoin. He will also pay 100,000 euros (about $121,000) in penalties in a situation of presumed cryptocurrency scams.
2020-12-8 21:32 | |
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The Paris court announced its sentence to Russian citizen Alexander Vinnik, accused of large-scale money laundering through the BTC-e crypto exchange. He was sentenced to five years in prison and a fine worth more than €100,000.
2020-12-8 19:55 | |
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A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized over $4 billion in crypto assets from the Plustoken scam.
2020-12-2 19:30 | |
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The man was part of a criminal group that compromised crypto accounts with assistance from contacts at mobile operators.
2020-11-19 13:13 | |
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Volodymyr Kvashuk, a former Microsoft engineer, has been sentenced to nine years in prison for defrauding the tech giant for over $10 million, using a bitcoin mixer to hide taxable income, and filing fraudulent crypto tax returns.
2020-11-11 00:13 | |
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John McAfee has shared many details about his life in Spanish prison and chances of extradition to the U. S. He additionally claims to have regained control of his ghost cryptocurrency project. Prison Life ‘Is an Adventure’ Former U.
2020-11-1 00:30 | |
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A Chinese court has confirmed the sentencing of the masterminds behind the 7. 7 billion yuan Chinese Ponzi scheme Wotoken, which had over 715,000 investors. Wotoken Scammers Sentenced to Prison The Intermediate People’s Court of Yancheng city, Jiangsu province, denied an appeal by four convicts involved in the billion-dollar Ponzi scheme Wotoken on Tuesday, several local […] The post $1.
2020-11-1 20:30 | |
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Crypto baron John McAfee has published a fresh ?report? from his prison cell with more details about his daily life in Spanish jail and nuances of shower taking
2020-10-10 11:05 | |
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Several days after John McAfee's arrest, U.Today decided to recall his extraordinary adventures in the crypto world, his pranks and the crypto projects he took part in
2020-10-9 17:51 | |
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Antivirus guru and libertarian John McAfee has been indicted on massive tax evasion charges and taken into custody in Spain. A lengthy prison term is on the horizon
2020-10-6 11:41 | |
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The head of the Volantis escrow company faces up to 10 years in prison for defrauding customers.
2020-10-3 18:38 | |
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An ex-employee of Australia's national science agency is not going to prison after mining crypto on supercomputers
2020-9-19 17:37 | |
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Man sentenced to two years and six months in prison after multi-million dollar crypto fraud.
2020-7-22 19:18 | |
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A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000.
2020-6-17 11:44 | |
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Privacy of crypto transactions has been challenged again, as the CEO of the Dropbit app Larry Harmon has been arrested and charged with conspiracy to launder money. Dropbit CEO Larry Harmon Faces 30 Years in Prison Dropbit, the Bitcoin wallet and service, continues to operate for now.
2020-2-13 17:30 | |
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Patrick McDonnell was sentenced to 33 months in federal prison and ordered to pay victims $225,000 after pleading guilty to charges he defrauded investors in his crypto trading platform, CabbageTech.
2020-1-17 01:41 | |
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Two members of Romanian hacker gang Bayrob Group were sentenced to two decades in prison after their malware mined crypto on 400,000 infected computers.
2019-12-10 21:00 | |
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A South Korean district court has sentenced executives of a local crypto exchange to prison. The CEO of the exchange got a 16-year jail sentence while other executives and their accomplices got between six and 11 years.
2019-11-13 15:20 | |
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Senior executives at a South Korean crypto exchange have been indicted in connection with a $386 million investment fraud. The news marks yet another drastic action taken by authorities in the country against cryptocurrency exchanges.
2019-11-13 21:00 | |
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A nuclear lab researcher in Russia will reportedly be serving three years in a prison colony for allegedly using government equipment to illegally mine Bitcoin (BTC). Andrey Rybkin, a nuclear scientist working at the All-Russian...
2019-10-26 11:56 | |
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The last of three Russian scientists caught illegally mining bitcoin at a top-secret nuclear lab has been given a prison sentence.
2019-10-25 12:30 | |
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A 29-year-old man from Singapore faces 34 years in prison after allegedly stealing Amazon AWS and Google Cloud computing power and services to mine crypto. Stole Victims’ Information to Mine Crypto Ho Jun Jia also known as Matthew Ho was taken into the custody of the Singapore Police Force on September 26 after being charged under a 14-count indictment.
2019-10-11 18:00 | |
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Since the unraveling of Silk Road, its creator, Ross Ulbricht, has served six full years since his initial imprisonment. All this time is just a small dent on the double life sentence plus 40 years that Ulbricht received in May 2015, on charges of money-laundering and conspiracy to traffic narcotics.
2019-10-2 17:00 | |
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Five drug dealers who used cryptocurrencies to launder their funds were sentenced to varying jail terms on Monday.
2019-8-28 05:30 | |
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19-year-old Elliot Gunton of Mounteney Close, UK, has pleaded guilty to supplying crypto hacking services and online personal data in exchange for cryptocurrency.
2019-8-17 23:45 | |
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A UK man has been sentenced to 20 months in prison and fined more than6. Further inspections found Gunton had been selling compromised personal data on the dark web to be used for criminal purposes.
2019-8-16 17:36 | |
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A New Jersey man has been indicted this week for converting over $2 million to bitcoin and operating a private exchange business not registered with the U. S. Secretary of the Treasury. According to a July 24 press release by the U.
2019-7-26 07:45 | |
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India seems hell-bent on its intention to put the brakes on the country’s already struggling cryptocurrency industry
2019-7-16 16:47 | |
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India seems hell-bent on its intention to put the brakes on the country’s already struggling cryptocurrency industry
2019-7-15 16:47 | |
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Crypto Scammer Gets 86-Month Jail Term Blake Kantor, a 44-year-old New Jersy based cryptocurrency scammer has been sentenced to 86 months in prison by the United States Department of Justice (DoJ) on July 1.
2019-7-2 22:28 | |
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Ross Ulbricht, the mastermind of the first darknet market site, Silk Road, is currently serving prison time in the United States Penitentiary. Ulbricht is a first-time offender and is serving two life imprisonments plus 40 years sentence without the possibility of parole for the creation of Silk Road.
2019-6-23 19:30 | |
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By CCN Markets: The Reserve Bank of India (RBI) has denied knowledge of a proposed bill which would see Bitcoin and crypto ownership in India made entirely illegal. Reports surfaced last week that lawmakers in India were working on legislation that could carry a 10-year prison sentence for anyone caught holding cryptocurrency.
2019-6-17 12:23 | |
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Zilliqa has a bullish short-term trading outlook, with the cryptocurrency still holding price above its 200-period moving average on the four-hour time frame The four-hour time frame continues to show a large inverted head and shoulders pattern The daily time frame is showing that the ZIL / USD pair is probing towards the top of […] The post Zilliqa Price Analysis ZIL / USD: Prison Break, Round 2 appeared first on Crypto Briefing.
2019-6-11 16:10 | |
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The regulatory clarity surrounding Bitcoin and other cryptocurrencies has been lacking in many countries. China and India have always shunned away from cryptocurrencies while encouraging blockchain.
2019-6-8 17:00 | |
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This week, a report claims that certain government departments across the country are supporting an outright ban on the “sale, purchase and issuance of all types” or crypto including Bitcoin, and could lead to a jail sentence for up to 10-years in prison for using the digital asset class as its intended.
2019-6-8 04:02 | |
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By CCN: “The war has begun. ” Thus thundered enigmatic crypto celebrity John McAfee as he issued an all-caps rebuke to India’s bombshell proposal to ban bitcoin ownership and slap offenders with draconian 10-year prison sentences.
2019-6-7 20:20 | |
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By CCN: Lawmakers in India have proposed a bill which would see Bitcoin and crypto ownership made completely illegal, with as much as a 10-year prison sentence for anyone caught holding. This coincides directly with India’s plans to launch its own state-backed cryptocurrency – the Digital Rupee.
2019-6-7 13:19 | |
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By CCN: Roger Ver took to YouTube to read another letter from Ross Ulbricht, creator of the first darknet market using Bitcoin. The libertarian idealist used the opportunity to rail against the war on drugs.
2019-5-12 21:15 | |
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Joel Ortiz, a 21-year student at the University of Massachusetts Boston, was sentenced to 10 years in prison by Judge Edward Lee of the Santa Clara County Superior Court. Ortiz was convicted of stealing $7.
2019-4-25 13:59 | |
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In what the Manhattan District Attorney calls the first crypto money laundering conviction in New York, two defendants have pleaded guilty to running a drug trafficking business that laundered millions of dollars in Western Union and crypto payments.
2019-4-25 20:37 | |
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BitMEX, the cryptocurrency trading platform, has incurred a substantial $100 million penalty for contravening US anti-money laundering (AML) requirements. This penalty arises from the company’s noncompliance with the US Bank Secrecy Act (BSA), which permitted unlawful transactions on its platform for multiple years.
Larry Harmon, an Ohio resident, has been sentenced to three years in prison for laundering more than $300 million worth of Bitcoin through his darknet service, Helix, according to Bloomberg. The platform operated a tool designed to obscure the origins…
The founder of a crypto mixing platform will end up in a US prison cell and will call it home for 12. 5 years after a federal court ruled that the crypto firm owner was guilty of money laundering. Related Reading: The $12.
Six men operating under the name “Loverbois” have been convicted for laundering $15,000 to $50,000 in cryptocurrency in addition to selling nearly 12 kilograms of meth disguised as Adderall pills.
German authorities have taken down 47 cryptocurrency exchange services in a crackdown on illegal money laundering activities. The Federal Criminal Police Office in Germany and the Central Office for Combating Internet Crime led the operation, which targeted platforms allowing users…
The public prosecutor and supreme court of China have updated the provisions of the nation’s anti-money laundering (AML) legislation to include the recognition of crypto transactions for the first time.
American Binance executive Tigran Gambaryan, who is detained in Nigeria, is being "denied adequate access to his legal team and his health is deteriorating rapidly," his family said in an emailed statement.