Police Arrests Two People Related to $243M Crypto Heist Targeting Genesis Creditor

Two people have been arrested following an investigation into a $243 million heist of a creditor of defunct trading firm Genesis, according to blockchain sleuth ZachXBT.

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Suspects in $14m Holograph hack arrested by EU authorities

Police in Italy and France have made several arrests in connection with an over $14 million attack on crypto protocol Holograph. In a detailed post on X on Aug. 14, the omnichain tokenization platform stated that law enforcement authorities in…

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FCA busts suspects in $1.2B illegal crypto asset business

FCA arrests two suspects involved in a $1.2 billion illegal crypto asset exchange, highlighting the agency’s efforts to combat financial crime.

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UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business

The two suspects were interviewed under caution by the FCA and then released on bail.

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US authorities bust $73M crypto scam, make two arrests

The scammers convinced victims to transfer millions of dollars into U.S. bank accounts, which were then used to launder the illicit funds.

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Chinese Nationals Nabbed in $73 Million Pig Butchering Crypto Fraud

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.

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US arrests two Chinese nationals in $73 million crypto scam

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.

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US DOJ arrests brothers for stealing $25m crypto in 12 seconds

The U.S. Department of Justice has arrested two brothers concerning the theft of $25 million in cryptocurrency.

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ZKasino founder arrested in Netherlands and over $11 million seized

The FIOD arrests a man linked to the ZKasino scam, seizing over 11 million euros in assets and securing victim funds with Binance's help. The post ZKasino founder arrested in Netherlands and over $11 million seized appeared first on Crypto Briefing.

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FBI Arrests Manhattan Man Accused Of Defrauding Investors $43 Million In Crypto Trading Ponzi Scheme

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Samourai Wallet founders’ arrests are ‘a wake up call for crypto’ — Bitcoin pioneer Amir Taaki opines

Bitcoin pioneer Amir Taaki responded to US charges against privacy wallet Samourai & its developers, stating the action reveals that the state targets crypto innovators. The post Samourai Wallet founders’ arrests are ‘a wake up call for crypto’ — Bitcoin pioneer Amir Taaki opines appeared first on Crypto Briefing.

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UK authorises police to seize illicit crypto without arrests

UK police now have powers to seize, freeze or destroy criminal crypto holdings. It follows new legislation that comes into effect today, April 26, 2024. Reforms to help UK’s national security, said Home Secretary James Cleverly.

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UK police authorized to seize criminal crypto holdings without arrests

From April 26, police can transfer seized illicit crypto to wallets controlled by the authorities, with victims able to reclaim funds from the accounts.

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DOJ takes action against Samourai Wallet founders

DOJ arrests Samourai Wallet's CEO and CTO on charges of money laundering and operating without a license, seizing over $2 billion in transactions. The post DOJ takes action against Samourai Wallet founders appeared first on Crypto Briefing.

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Three arrested in $10M bank fraud, crypto laundering scheme

The U. S. Attorney’s Office for the Southern District of New York and the FBI announced three arrests related to a $10 million scheme involving cryptocurrency on Nov. 16. The authorities said that Zhong Shi Gao, Naifeng Xu, and Fei Jiang were arrested after participating in a scheme to steal millions of dollars from U.

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FBI Arrests Trio Accused of Bilking Banks Out of $10M, Converting Funds to Crypto

Three men duped New York-area banks into shelling out more than $10 million and tried to make off with the money by converting it to crypto, U.S. Attorney Damian Williams said Thursday in a statement.

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SafeMoon Executives Face DOJ Arrests And SEC Charges – SFM Plummets More Than 50%

The US Securities and Exchange Commission (SEC) recently announced charges against SafeMoon, its creator Kyle Nagy, the company’s CEO, John Karony, and CTO, Thomas Smith.   The SEC alleges that these individuals orchestrated a “massive fraudulent scheme” involving the unregistered sale of SafeMoon (SFM), a “crypto asset security” as defined by the SEC.

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JPEX Crypto Exchange Probe Sees 4 More Arrests: SCMP

Hong Kong and Macau authorities say they've detained people closely linked to the scandal linked to the crypto exchange, bringing total arrests to 18.

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JPEX Update: Crypto Exchange’s Victim Toll Rises As More Suspects Are Arrested

The city of Hong Kong is facing what is reportedly its “largest-ever fraud case” as the number of victims in the JPEX saga continues to rise, with local police making more arrests in connection with the case.

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Hong Kong arrests celebrity linked to JPEX amid investigations

Police in Hong Kong have arrested an internet celebrity connected to the crypto platform JPEX, which is said to be unregulated. According to a local report on Sept. 18, the Police Commercial Crime Bureau of Hong Kong arrested Lam Zuo,…

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Thailand cracks down on $27 million crypto scam with five arrests

Thailand authorities collaborated with the United States Homeland Security Investigations and various other agencies. Authorities charged these individuals with orchestrating an elaborate cryptThe post Thailand cracks down on $27 million crypto scam with five arrests appeared first on AMBCrypto.

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Thailand Authorities Bust $27 Million Crypto Scam, Over 3,200 Victims Affected

In a recent development from Thailand, authorities uncovered a massive crypto scam targeting local investors, with damages amounting to more than $27 million. In collaboration with international bodies, local enforcement agencies went after a fraudulent investment platform, leading to multiple arrests and property seizures.

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South Korea arrests Bitsonic CEO for allegedly stealing $7.5M of users’ money

The vice president of the crypto exchange will also be put on trial without preliminary detention.

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Huobi Insolvency Fears Surge Post-Exec Arrests: Crypto Storm Ahead?

In a recent series of tweets, Adam Cochran, a well-known analyst in the crypto community and angel investor, has raised serious concerns about the solvency of Huobi, the world’s 12th largest crypto exchange by spot volume.

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U.S. Department of Justice Arrests Engineer Over $9M Crypto Theft

The U.S. Department of Justice arrested a security engineer on wire fraud charges, alleging he stole $9 million worth of crypto from an unnamed decentralized cryptocurrency exchange.

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Libya cracks down on illegal crypto mining, arrests 50 Chinese nationals

On June 22, authorities in Libya searched and arrested several individuals as part of their efforts to combat illegal crypto mining in the country

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Employees of South Korean Crypto Exchange Coinone Arrested: Report

Seoul Southern District Court Chief Judge Kim Ji-Sook issued a warrant for the arrests on Monday, saying "There is concern about escaping."

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United States DoJ arrests founder of crypto exchange Bitzlato

The U.S DoJ arrested Bitzlato founder Anatoly Legkodymo in Miami last night The crypto exchange was pulled up for being a hub for criminal activity The U.S FinCEN announced that the crypto eThe post United States DoJ arrests founder of crypto exchange Bitzlato appeared first on AMBCrypto.

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‘Pig Butchering’ Crypto Scam: Europol Seizes $1 Million, Arrests 15 In Massive Call Center Fraud

European authorities detained 15 suspected crypto scam individuals and shuttered a large-scale operation of call center networks that allegedly stole hundreds of millions of euros from victims by selling counterfeit digital currencies.

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China Arrests 63 Gang Members For Laundering $1.7B With Crypto

China's government arrested a gang of 63 people for laundering 12 billion Yuan ($1.7 billion) using cryptocurrencies. The post China Arrests 63 Gang Members For Laundering $1.7B With Crypto appeared first on BeInCrypto.

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China Arrests 63 For Laundering $1.7B With Crypto

China's government arrested a gang of 63 people for laundering 12 billion Yuan ($1.7 billion) using cryptocurrencies. The post China Arrests 63 For Laundering $1.7B With Crypto appeared first on BeInCrypto.

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Argentina Dismantles Illegal Crypto Mining Operation, Arrests 40

The country’s tax collection agency is investigating electricity theft, and seized cash and crypto mining equipment in the raids.

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China Arrests Cybercriminal Group Suspected For Laundering $5.6 Billion

Since the growing crypto issues, high inflation, and happenings like the Terra collapse have shocked the world, law enforcement agencies, including China, have been working actively to protect users and capture criminals.

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Taliban Crypto Crackdown Sees 13 Arrests and Exchanges Shut Down

The Taliban regime in Afghanistan has detained several dealers who ignored orders to cease trading digital assets following a nationwide cryptocurrency ban imposed earlier this month. The post Taliban Crypto Crackdown Sees 13 Arrests and Exchanges Shut Down appeared first on BeInCrypto.

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Dutch authorities arrest suspected Tornado Cash developer

The Dutch Fiscal Information and Investigation Service didn’t rule out multiple arrests in its ongoing criminal investigation against the Tornado Cash crypto mixer.

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South Korea Arrests 3 in Multibillion-Dollar Crypto-Linked Probe: Report

Authorities are reportedly investigating $3.4 billion in "abnormal transactions" involving foreign exchange and crypto investments.

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Crypto Influencer Cobie Disappointed by Coinbase Investigation & FBI Arrests

Cobie has said “I don’t feel great about that,” after his tweet led to the arrest of a Coinbase employee and his two associates last week for the crime of insider trading. The post Crypto Influencer Cobie Disappointed by Coinbase Investigation & FBI Arrests appeared first on BeInCrypto.

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2016 Bitfinex hack: U.S arrests accused couple, seizes stolen Bitcoins worth $3.6B

The United States Government now controls one of the wealthiest Bitcoin wallets, as the Department of Justice seized $3. 6 billion in stolen cryptocurrency from the 2016 hack of crypto exchange BitfinThe post 2016 Bitfinex hack: U.

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DoJ seizes $3.6B in crypto and arrests two in connection with 2016 Bitfinex hack

"The department once again showed how it can and will follow the money," said Deputy Attorney General Lisa Monaco.

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China arrests 1,100 suspects for laundering illicit funds through crypto

Chinese police officers have arrested more than 1,100 people suspected of using cryptocurrencies to launder funds obtained through telephone and internet scams. The suspects’ illegal activities were discovered after a recent crackdown.

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62 Arrested In Connection to $2 Billion Turkish Crypto Exchange Fraud As Founder Flees Turkey

Massive arrests have been made by the Turkish police in connection to the major Turkish crypto exchange case as $2 billion in crypto was stolen from its clients

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Europol arrests hackers that stole $100 million in crypto through SIM-swapping

European Union Agency for Law Enforcement Cooperation, better known as Europol arrested a criminal gang who hacked more than $100 million in cryptocurrencies by illegally gaining access to the phones The post Europol arrests hackers that stole $100 million in crypto through SIM-swapping appeared first on AMBCrypto.

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FBI arrests 24-year-old crypto trader for commodities and wire fraud

The trader was both lying to investors and using an unregistered derivatives strategy on BitMEX.

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Hester Peirce: BitMEX Arrests Are a Clear Message From Regulators

On October 13, SEC commissioner Hester Peirce aka crypto mom appeared on the Unconfirmed Podcast with Laura Shin. In the interview, Shin and Peirce covered a lot of ground, including her take on the recent charges and arrests related to crypto derivatives exchange BitMEX.

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Chinese Police Nab Principal Actors of $5.7B PlusToken Crypto Ponzi Scheme

Chinese authorities have reportedly nabbed 109 persons allegedly involved in the PlusToken crypto scam.   According to Chinese news agency CLS, the arrests covered 27 suspected masterminds and another 82 alleged key members of the elaborate crypto Ponzi scheme.

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FBI Arrests Russian Rapper For Crypto Money Laundering, Cites Damning Instagram

FBI arrests Russian rapper, for money laundering, citing his Instagram pics with allegedly unearned cash and data from defunct crypto exchange BTC-e

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US Arrests 3 in Alleged Crypto Mining Pool Fraud Scheme

U.S. authorities have arrested three members of BitClub Network, alleging the mining pool is a long-running Ponzi scheme.

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Crypto Tidbits: Bakkt’s Bitcoin Futures Surge, UpBit Hacked for $50 Million in Ethereum, US Arrests Blockchain Researcher

Another week, another round of Crypto Tidbits. Surprisingly, Bitcoin (BTC), saw some relatively strong performance over the past seven days, gaining 2% according to Coin360. This came after the leading cryptocurrency tapped $6,600 in a surprise flash crash late last week, shocking investors the world over.

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Australia’s ‘E-Crime Squad’ Arrests Man Flouting Unregistered Crypto Exchange

Australian Detectives known as the ‘E-Crime Squad’ have arrested a man for providing unregistered cryptocurrency services. Authorities charged the man for breaking anti-money laundering and counter-terrorism financing laws.

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