Singaporean citizen Ho Jun Jia has been indicted for stealing over $5 million worth of cloud computing services to mine cryptocurrencies.
UK Finance Watchdog’s Crypto Investigations Up By 74% in 2019
The number of investigations into cryptocurrency firms by the U.K.’s Financial Conduct Authority have reportedly seen a sharp rise in the last year.
‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators
Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”
Hackers Launch Widespread Botnet Attack on Crypto Wallets Using Cheap Russian Malware
With millions of dollars cryptocurrency stolen from crypto wallets every year, security researchers were found one active botnet being run for about $160.
MakerDAO Bounty Program Catches ‘Critical’ Bug Before Launch
MakerDAO patched a “critical” bug in its upcoming Multi-Collateral Dai upgrade that could have put 10% of the system’s total collateral at risk.
Former NiceHash CTO Arrested in Germany Over US Hacking Charges
The U.S. Department of Justice is seeking to extradite the alleged hacker over a sentence he’s already served in Slovenia.
Russian Nuclear Scientist Gets $7,000 Fine for Mining Bitcoin at Work
The engineer at a top-secret nuclear lab, along with two colleagues, had accessed the plant’s supercomputer to mine bitcoin.
Longfin Must Pay $6.8 Million After Court Backs SEC Fraud Complaint
A New York court has backed charges brought by the SEC that the fintech firm committed fraud relating to its public offering and Nasdaq listing.
Crypto Escrow Firm Chief Charged Over Alleged $7 Million Fraud
A man faces charges by the U.S. Attorney’s Office and the CFTC over claims he took money for bulk bitcoin orders that were never delivered.
UK Police Auction Off $294,000 in Stolen Crypto From EtherDelta Hack
More than $294,000-worth of cryptocurrency confiscated from the teenage hacker of EtherDelta and TalkTalk has been auctioned off.
German Police Seize Second Crypto-Fueled Cyberbunker
A “bulletproof hosting” service that used crypto to buy and sell contraband has been shut down.
Binance Helped UK Police Investigate Criminal Involved in $50 Million Fraud
The exchange said it helped British police bust a cybercriminal who sold phishing tools that resulted in the theft of millions of pounds.
US House Passes Bill for FinCEN to Study Blockchain Use
The House of Representatives passed legislation calling for FinCEN to study its use of “innovative technologies” — including blockchain.
For Desperate Mt Gox Victims, Long-Shot Bitcoin Deal Beats Endless Wait
Some Mt. Gox creditors have signed on to a law firm’s unorthodox proposal to recover their bitcoin, but many are skeptical about its motives.
SEC Charges Adult Entertainment Token Platform With 2017 ICO Fraud
The U.S. SEC has charged the CEO of an online adult entertainment marketplace with running a fraudulent initial coin offering scheme.
CipherTrace Scout App Takes Crypto Investigations Mobile
Blockchain forensics firm CipherTrace has developed a mobile tool for flagging bitcoin and ethereum tokens with a criminal past.
DOJ Brings Extortion Charges Against Early Advisor to Ethereum, tZero
U.S. law enforcement has charged an early supporter of the ethereum project and former advisor to Overstock’s tZero with extortion.
Cybercriminals Selling Hacked Fiat Money for Bitcoin at 10% of Its Value
Dark market sellers are offering fiat cash for bitcoin at discount prices, but there’s a catch.
$2 Billion Lost in Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims
A Russian law firm says it can help Mt Gox creditors recover up to $2 billion worth of bitcoins stolen in the 2014 hack.
Netki Retools Digital ID Service for FATF’s New Crypto ‘Travel Rule’
Nekti has upgraded its digital ID service to help crypto firms meet the FATF’s tough new standards for combating money laundering.