2023-6-29 23:51 |
FTX's lawyers allege Daniel Friedberg allowed its executives' criminal activities to fly under the radar for years. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Two U. S. senators passed a new bill amending the Cybersecurity Information Sharing Act of 2015 to include the crypto firms to report cyberthreats they face. The U. S legislators, Cynthia Lummis of Wyoming and Tennessee’s Marsha Blackburn, revised the Cybersecurity Information Sharing Act aimed at reducing criminal activities in crypto-space.
2022-10-3 19:59 | |
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The Economic Crime and Corporate Transparency bill is designed to make it easier for law enforcement agencies to seize, freeze and recover crypto assets when used for criminal activities such as money laundering drugs and cybercrime.
2022-9-23 19:06 | |
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Australian authorities have stepped up their efforts to crack down on cryptocurrency-related criminal activities
2022-9-5 12:09 | |
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“Illegal or criminal activities are likely to flourish in the darkverse since it will be difficult to track and monitor,” Trend Micro said.
2022-8-10 00:45 | |
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Some jurisdictions have put mandatory regulations for BTC and crypto-related companies. For example, a law demands that all crypto service firms and exchanges have a financial license. Such laws are appropriate as more criminal activities and scams are rampant through the use of cryptocurrencies.
2022-6-25 23:00 | |
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The company behind the development of the popular automated market maker (AMM), Uniswap Labs updated its policy regarding blocking wallets from accessing the decentralized application (dApp). Per an official post, Uniswap’s front end will be blocked to users associated with criminal activities.
2022-4-23 21:00 | |
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In 2021, cryptocurrency addresses associated with criminal activities accumulated over $14 billion, according to Chainalysis, a blockchain data and analytics platform. The booming cryptocurrency spaceThe post Digital Wallet Protector's NFTs are live bringing spiritual protection to the blockchain appeared first on AMBCrypto.
2022-3-24 12:00 | |
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Addresses that are related to various illicit activities surged in 2021
2022-2-20 17:23 | |
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Since the 18th century, humankind has witnessed revolutions that have forever changed the world, for the better. The closest revolution we have witnessed is the advent of the Internet, the influence oThe post Binance takes the lead in curbing criminal activities associated with crypto appeared first on AMBCrypto.
2021-12-28 06:30 | |
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The Deputy Attorney General of the United States revealed that the Justice Department created a National Cryptocurrency Enforcement Team (NCET), to combat the illicit use of cryptocurrency for criminal activities.
2021-10-8 23:00 | |
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The sanctions are part of the government's fight against a spike in criminal activities… The post US sanctions crypto exchange over links to ransomware attacks appeared first on Coin Journal.
2021-9-22 14:21 | |
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The percentage of illegal crypto transactions, according to this Chainalysis report, is about 2% of total transactions. Although the majority of cryptocurrency transactions is not illegal, it is increasingly being used for criminal activities.
2021-8-22 23:30 | |
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Finland is currently looking for cryptocurrency brokers to assist in the sale of bitcoin used in criminal activities. The post Finland Seeking Brokers to Assist in Sale of $82M Worth of Seized BTC appeared first on BeInCrypto.
2021-8-1 17:19 | |
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The Cayman Islands Monetary Authority (CIMA) has released a statement informing the public that Binance isn't authorized to operate in the territory. CIMA Investigating Binance The regulator is currently investigating whether Binance or any of its subsidiaries have activities that fall within the scope of its oversight.
2021-7-2 18:34 | |
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Microblogging platform Weibo has reportedly banned cryptocurrency accounts on its platform. The ban is coming as China is stepping up its crackdown on Bitcoin trading and mining in the country. There could be more actions expected, which will include linking cryptocurrency activities directly with China’s criminal law.
2021-6-8 14:28 | |
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As prices in the crypto market surge, the other side of the market has been witnessing a rise in criminal activities. On Monday, South Korea's tax agency reportedly caught 2,400 individuals who were hThe post South Korea cracks down on tax evaders using cryptocurrencies appeared first on AMBCrypto.
2021-3-15 14:30 | |
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Austrian regulators say crypto scams are the most reported forms of investment fraud in the country ahead of the usual suspects like stock or gold schemes. Authorities in the country are trying to firm up virtual currency regulations to combat the menace of such criminal activities while regulated trading in digital assets continues to enjoyRead More
2021-2-20 22:00 | |
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Authorities across Europe take down an organized crime syndicate that used an encrypted chat network to coordinate their illicit activities.
2020-7-3 00:55 | |
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The Economic Offences Wing (EOW) of the Tamil Nadu Police has issued a warning against cryptocurrency dealings. Trade Cryptocurrency at Your Own Risk In a press release, the Tamil Nadu Police EOW advised residents of the state not to get involved in cryptocurrency transactions owing risk of fraud and other criminal activities.
2020-2-12 22:00 | |
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Binance and Huobi cryptocurrency exchanges receives over 50% of the total cryptos used in criminal activities according to a report by Chainalysis, a cryptocurrency data analysis firm. The high figure comes at a time the former is on the edge of moving offices from the European Union as AMLD5 takes effect in the near future. […]
2020-1-16 17:41 | |
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Bitcoin has in the past been called a Ponzi scheme, a scam, a tool for money laundering and criminal activities, and even has been dubbed rat poison by the Oracle of Omaha himself, Warren Buffett.
2019-12-11 20:00 | |
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All last month, the positive sentiment surrounding Bitcoin, crypto, and even Facebook Libra turned negative after United States President Donald Trump made some negative tweets about the digital asset class and its illicit use in criminal activities such as money laundering, cybercrime, drug trade, and more.
2019-8-3 23:00 | |
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Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.
2019-7-30 19:45 | |
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Coinspeaker BTC-e Exchange and Alexander Vinnik Sued $100 Million by the USOn 25th July, FinCEN, an agency within the US treasury department, levied a fine on both Vinnik and BTC-e to the amount of $88,596,314 and $12,000,000, plus interest as provided by law for the involvement in certain monetary related criminal activities.
2019-7-29 14:29 | |
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US Treasury Secretary Steven Mnuchin again turned his attention to bitcoin this week, warning that the Trump administration would pursue “very, very strong” enforcement of existing financial regulations to stop bad actors from using the cryptocurrency to bankroll criminal activities.
2019-7-18 16:29 | |
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By CCN: Despite being the first location in the world to have a Bitcoin ATM, Vancouver’s authorities are turning against the vending machines. According to The Star, Bitcoin ATMs are under mayoral assault after a surge in criminal activities being conducted through the devices.
2019-6-5 17:30 | |
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Bitcoin mining is a lucrative activity. However, of late, it has also become the source for many associated criminal activities. An individual from Apeldoorn in the Netherlands was caught for money laundering after duping over 10 people who invested in his Bitcoin mining rig.
2019-5-22 21:30 | |
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The Dutch Financial Intelligence and Investigation Service (FIOD) has shut down cryptomixing site Bestmixer. io. According to local media, Dutch authorities moved to shut down the site on May 22, 2019, as part of a joint operation with police agencies from several European nations, including France, Latvia and Luxembourg.
2019-5-22 21:13 | |
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By CCN: Bitcoin-bashing Democrat Congressman Brad Sherman is urging his colleagues to pass a law that would ban cryptocurrencies in the United States. “I look for colleagues to join with me in introducing a bill to outlaw cryptocurrency purchases by Americans, so that we nip this in the bud.
2019-5-10 06:58 | |
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A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against BitcoinBitcoin’s core value proposition is that it is an uncontrolled, apolitical money.
2019-4-30 20:16 | |
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The cryptocurrency market has witnessed several instances of frauds and criminal activities in the past, with many either conducted on a cryptocurrency trail or involving digital assets in one way or another.
2019-4-25 00:30 | |
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North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.
2019-4-25 17:04 | |
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As part of an ongoing criminal case, a judge in Canada has ordered that a local online drug dealer must forfeit about 281. 41 bitcoin (worth about $1. 4 million) after it was found that he used the cryptocurrency to fund his illegal activities.
2019-4-5 20:02 | |
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QuadrigaCX has been taking up a lot of press time lately as the platform works to regain the missing cryptocurrency that it owes to its former investors. However, the attention is being shifted to the co-founder right now, and his criminal activities that fill up his past. Known to investors as Michael Patryn, his former […]
2019-3-20 03:44 | |
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Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018.
2019-3-1 18:10 | |
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Cryptocurrency has been largely restricted within the borders of India, which would essentially keep investors and scammers from pursuing these endeavors, right? No, not really. In fact, if anything, the hackers and scammers that enter the region must enjoy the challenge, because it hasn’t stopped them from their criminal activities. This point is only supported […]
2019-2-27 23:35 | |
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Thefts and scams are plaguing the crypto space, which saw US$1. 7 billion worth of cryptocurrencies being stolen and scammed in 2018, a sharp increase despite a slump in the market, according to the CipherTrace 2018 Q4 2018 Cryptocurrency Anti-Money Laundering Report.
2019-2-2 15:11 | |
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Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume.
2019-1-23 00:57 | |
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In a bid to curb the activities of bad actors who use cryptocurrencies to facilitate illicit gains such as terrorism financing, Irish authorities are set to approve the Criminal Justice Money Laundering and Terrorist Financing Amendment Bill 2019, according to The Irish Times report on January 4, 2018.
2019-1-5 06:00 | |
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A Pakistani-American woman is facing up to 20 years in prison after she admitted to sending Bitcoin to a terrorist organization to fund their deadly criminal operation and activities. 27-Year-Old New York Woman Funds ISIS with Bitcoin Zoobia Shahnaz, a 27-year old New York hospital technician, has admitted to a Federal Court Judge that she.
2018-11-27 20:00 | |
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A Pakistani-American woman has confessed to using Bitcoin to launder dirty money to help finance terrorist organization ISIS, CNBC reports. Zoobia Shahnaz, a 27-year-old Long Island, New York resident, made the confession yesterday in front of New York state federal courts.
2018-11-27 13:12 | |
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Binance has frozen multiple accounts associated with the cryptocurrency exchange Wex, citing money laundering concerns. The CEO of Binance went on Twitter recently to announce the freezing of multiple accounts owned by Wex, claiming that Binance will cooperate with law enforcement in any way possible should a criminal investigation result from alleged money laundering.
2018-11-1 01:47 | |
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Over the last few years, particularly after the dawn of the Mt. Gox hack in 2014, the crypto market’s reputation has been badly tarnished. The market is now closely associated with hacks, scams, fraud, and other several criminal activities that are on par with the overly exaggerated Wild West in the early seventeenth century.
2018-10-10 17:14 | |
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A U. S grand jury has indicted a group of Russian Operatives on charges of criminal cyber activities funded with Bitcoin. This is the latest against foreign elements using the anonymity of cryptocurrencies to support illegal operations in the US.
2018-10-5 12:29 | |
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Lawmakers and leaders in UK’s cryptocurrency industry are now pushing for the government to enact regulations to govern the sector. There are concerns from lawmakers that the government’s current vague stance on the industry is putting consumers at risk, leaving the door wide open for potential criminal activities.
2018-9-24 18:34 | |
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The blockchain industry has been explored and used in many sectors and by many countries for many different reasons, some for good and some for evil. However, a most intriguing and possibly unbelievable use for the blockchain is in tracking criminal activities on the blockchain.
2018-9-24 09:56 | |
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Europol yesterday published its fifth annual Internet Organised Crime Threat Assessment (IOCTA), in which it highlights some common cyber attacks and criminal activities related to cryptocurrency.
2018-9-19 00:04 | |
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The rise of Bitcoin to global consciousness has given rise to intended and unintended consequences. While Bitcoin was not innovated simply to serve as an anonymous payment system, some of its features are being embraced for nefarious activities.
2018-9-11 12:47 | |
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Criminal activity involving cryptocurrencies in the country of Thailand remains low, but it is expected to soar. This is according to a recent study that has highlighted the rise in illegal, transnational organized crime activities in the Southeast Asian country.
2018-9-1 07:00 | |
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In the midst of a countrywide clampdown on cryptocurrency, the central bank of China, together with other government agencies, issued a warning on recent criminal activities to alert the public against fake claims.
2018-8-28 23:00 | |
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Jake Chervinsky has accused CME Group of using a lawsuit against U. S. crypto perpetual futures to protect its position in a market where the exchange reportedly controls about 92% of exchange-traded derivatives volume.
Charles Hoskinson criticized a New York lawsuit seeking ownership of 39,069 dormant Bitcoin wallets holding an estimated 3.7M BTC.
The U.S. Commodity Futures Trading Commission has moved to scrap its $5 million settlement with crypto exchange Gemini after concluding that the enforcement case should not have been filed under the agency’s current standards. In a joint motion filed Wednesday…
Fenwick & West has agreed to pay $54 million to settle a class action lawsuit filed by former FTX customers who accused the law firm of helping facilitate fraud at the collapsed cryptocurrency exchange. According to court filings tied to…
Missouri sued CoinFlip over alleged crypto ATM scams, seeking a state ban, restitution and up to $1.826m in civil penalties.
Swan Bitcoin faces $970M Prime Trust lawsuit over 11,994 BTC, cash, stablecoins and XRP allegedly moved before bankruptcy in 2023 in courts.
Iggy Azalea faces a class-action lawsuit over MOTHER token claims, as buyers allege promised utility and business links never arrived.