2024-5-20 12:48 |
The United States Justice Department has arrested two Chinese nationals behind a $73 million money laundering scheme. According to a May 17 announcement, the accused funneled illicit funds via multiple U. origin »
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DOJ arrests two for leading a $73 million international pig butchering crypto scam, revealing the scale of global crypto fraud. The post Chinese Nationals Nabbed in $73 Million Pig Butchering Crypto Fraud appeared first on BeInCrypto.
2024-5-18 05:10 | |
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US authorities arrested Daren Li and Yicheng Zhang in connection with a $73 million money laundering scheme. The defendants laundered the money via US and international bank accounts. Proceeds of the investment scam were converted to the USDT stablecoin.
2024-5-18 20:42 | |
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Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Joe Biden.
2024-5-14 08:15 | |
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Angola recently outlawed cryptocurrency mining activities, with the Chinese Embassy in Angola warning its nationals about the new regulations. The post Angola Implements Ban on Crypto Mining appeared first on BeInCrypto.
2024-4-20 21:00 | |
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The Pentagon and Microsoft have expressed concerns over a Bitcoin mining operation in Wyoming, owned by Chinese nationals, due to its proximity to a Microsoft data center and a military base. The post This US Bitcoin Mine With China Ties Has the Pentagon and Microsoft on Edge appeared first on BeInCrypto.
2023-10-16 11:44 | |
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Four Chinese nationals and a Lao citizen were arrested over their role in a cryptocurrency fraud that caused victims 2.7 billion Baht (approximately 76 million) worth of losses.
2023-9-12 02:22 | |
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In a massive cross-border operation, four Chinese nationals and a Lao citizen were apprehended over their alleged involvement in a multimillion cryptocurrency scam that left a trail of devastation and losses amounting to over 2.
2023-9-11 16:00 | |
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Singapore authorities arrested ten foreigners in a major money laundering bust, confiscating assets worth roughly $735 million. On Aug. 16, Singaporean police arrested ten foreign nationals with Chinese passports, accused of laundering approximately S$1 billion ($735 million) in Singapore. During…
2023-8-18 17:00 | |
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On June 22, authorities in Libya searched and arrested several individuals as part of their efforts to combat illegal crypto mining in the country
2023-6-26 00:15 | |
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The Special Administrative Region passed a bill that would create a legal framework for accepting digital currency, but would also allow China to monitor Chinese nationals visiting the territory; the largest cryptocurrency by market cap is trading above $19.5K.
2022-10-18 02:24 | |
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According to reports from local news outlets, a Chinese gang of 18 suspects was recently detained by the police authorities of Istanbul on account of kidnapping and operating a crypto scam scheme. The gang which held its operations in Silivri in the Province of Istanbul, Turkey, attracted 101 people including two Turkmens, 95 Chinese nationals, […]
2021-3-15 15:33 | |
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While the cryptocurrency market was witnessing a renewed rally, crime in the ecosystem continues to persist. To take advantage of the rallying market and growing market interest in crypto, a group of The post Turkish authorities arrest 18 Chinese nationals for crypto scam appeared first on AMBCrypto.
2021-3-13 16:45 | |
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Six individuals have been indicted by the United States Department of Justice (DoJ) for allegedly participating in a money-laundering ring using cryptocurrency. The alleged bad actors are all Chinese nationals who include Jiayu Chen, 46, Jianxing Chen, 40, Tao Liu, 45, Xizhi Li, 45, Jingyuan Li, 47, and Eric Yong Woo, 43. According to court […]
2020-10-16 16:23 | |
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The U. S. Department of the Treasury has sanctioned a pair of Chinese nationals who participated in a money laundering scheme involving a cyberattack on a cryptocurrency exchange orchestrated by the infamous Lazarus Group.
2020-3-4 04:12 | |
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The Office of Foreign Assets and Control (OFAC) the enforcement body of the U. S. Treasury Department, sanctioned two Chinese nationals who played a part in laundering illicit funds linked to a crypto exchange hack.
2020-3-4 20:00 | |
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The U. S. government has charged two Chinese nationals involved in laundering stolen cryptocurrency worth $100 million from an exchange allegedly for the benefit of North Korea. They are linked to the U.
2020-3-4 10:40 | |
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The U.S. charges two Chinese nationals who were linked to North Korea's Lazarus Group with laundering crypto via Apple gift cards ?
2020-3-3 22:02 | |
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Thai immigration police have arrested 24 Chinese nationals in connection with an alleged Bitcoin scam call center
2019-12-6 12:38 | |
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Law enforcement agents in the Phillippines while acting on a tip from the Chinese Embassy, have arrested 273 Chinese nationals for allegedly defrauding over 1,000 investors in a cryptocurrency investment scam, reports Inquirer on September 16, 2019.
2019-9-17 09:00 | |
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Recently, Philippines’ central bank approved two companies to run cryptocurrency exchanges and the country’s boxing champion, Manny Pacquiao released his own tokens. The country is most evidently steering toward increased crypto adoption.
2019-9-17 22:05 | |
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277 Chinese Nationals have been arrested following a raid led by the Philippine Bureau of Immigration in Pasig city on Sept. 11. Crypto Scam Targets Philippines The agents were acting on a tip received from the Chinese government last week, who suspected that a cryptocurrency scam being promoted to Chinese investors was operating from one […] The post 277 Chinese Arrested for Crypto Scam in Philippine Special Economic Zone appeared first on CCN.com
2019-9-17 16:03 | |
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Philippine authorities have reportedly arrested 277 Chinese nationals that were working at an alleged cryptocurrency scam firm
2019-9-16 01:52 | |
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The U. S. Treasury Department is stepping up its focus on illegal cryptocurrency-related activities. Recently, Treasury announced that its financial intelligence and enforcement agencies are collecting and analyzing Bitcoin addresses.
2019-8-26 21:54 | |
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OFAC and FinCEN announced a coordinated effort to sanction three Chinese nationals for an international drug trafficking operation with profits laundered via Bitcoin and Litecoin. The culprits, identified as Xiaobing Yan, Fujing Zheng, and Guanghua Zheng, were accused of manufacturing and distributing lethal narcotics.
2019-8-23 04:25 | |
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The U.S. Treasury's OFAC has put bitcoin and litecoin addresses of three Chinese nationals on its sanctions list, the second time the agency has blacklisted crypto wallets.
2019-8-23 20:53 | |
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Two Asian nationals are set to be deported from the Philippines to their respective countries. Their respective countries want the two individuals accused of economic crimes which include Bitcoin fraud.
2018-10-6 14:00 | |
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Filipino authorities have advanced on international criminals suspected of running a large-scale Bitcoin pyramid scheme. Authorities have detained two of the six individuals thought to have defrauded South Korean investors for over $33 million, while the others remain on the run.
2018-10-4 16:35 | |
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The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams – a type of confidence-enabled investment scam in which fraudsters befriend victims over text-based social media apps, gain their trust and convince them to invest large amounts of money in fictitious crypto platforms before stealing their funds and disappearing.
Investors lost a record $5.6 billion to crypto-related financial crime in 2023, up 45% from 2022, according to a new report from the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center.
Chainalysis report reveals Myanmar-based romance scammers amassing $100 million in crypto, underscoring the nexus between illicit activities and digital assets. A criminal gang based in Myanmar has netted $100 million worth of crypto from victims over the past two years…
The plaintiff, a Texan woman, initially blamed Binance for losing $8 million in a pig butchering scam that began on Tinder.
The United States Department of Justice seized $112 million in crypto linked to six accounts involved in pig butchering scams. The post DOJ Seizes $112M in Crypto and Other Assets in Pig Butchering Scam Crackdown appeared first on BeInCrypto.