Nearly 2.7 trillion won (US$2.3 billion) have been lost to cryptocurrency crimes in the last two years, not including exchange hacks.
UK Announces ‘Dirty Money’ Crackdown, Including Tougher Crypto Regime
The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.
Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing
After a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it’s discovered that another $2.3 million is missing.
Police in Spain Say Bitcoin ATMs Expose Problems in Europe’s AML Laws
Spanish police authorities are raising the alarm because a recent criminal case involved the use of bitcoin ATMs, making their jobs more difficult.
Indian Police to Get Special Training to Spot Crypto Scams
A new training session seeks to create “domain expertise” for cryptocurrency related crimes.
Scammer Taunts Couple Who Lost Thousands in Bitcoin Fraud
An Australian couple lost over AU$20,000 in a bitcoin scam, and were even taunted by the perpetrator over their losses.
Third Defendant Pleads Guilty in Fake ID-for-Bitcoin Case
A fake ID ring operated between June 2013 and February 2018 and may have netted over $4.7 million in bitcoin.
Irish Crypto Exchange Bitsane May Have Disappeared With Users’ Funds
Irish cryptocurrency exchange Bitsane may have done a runner with users’ funds, according to a report.
Singapore Exchange Bitrue Hacked for Over $4 Million in Crypto
Bitrue was hacked early Thursday morning for over $4 million in XRP and cardano. Users who experienced losses will be refunded, it says.
Six Arrested Over Cloned Crypto Exchange That Stole €24 Million
Europol and police agencies have busted a cloned exchange operation that stole over $27 million in bitcoin from thousands of victims.
$200,000 in Bitcoin Seized in Dark Net Drug Probe
In total, authorities seized 20 kilograms of MDMA, over seven kilograms of Ketamine, over 10,000 Xanax pills, and more than $100,000 in cash.
There’s a Second Token: A Breakdown of Facebook’s Blockchain Economy
In addition to the Libra coin, Facebook’s newly unveiled crypto project also involves a “Libra investment token.”
Russian Hackers May Have Carried Out Largest Ever Crypto Exchange Theft
Russian hackers, not North Korean, may be the bad actors behind probably the biggest ever theft from a cryptocurrency exchange.
It’s FATF’s Way or the Highway for Crypto Exchanges. That’s a Big Mistake
The crypto industry can fight money launderers effectively, but not the way FATF wants it to, a CEX.IO compliance officer writes.
Europol Developing ‘Serious Game’ to Help Train Crypto Crime Fighters
The European crime fighting agency is developing a game to teach law enforcement officers how to trace cryptocurrencies in criminal investigations.
I Started the Silk Road Wikipedia Page (Because Bitcoin)
Online black marketplace Silk Road had quite the effect on bitcoin, being one of the technology’s biggest use cases in the early days, and for a while it didn’t have its own Wikipedia page – until this man.
Australia to Crack Down on Crypto Tax Avoidance Schemes
The Australian Taxation Office is hunting down major tax avoidance schemes using cryptocurrencies, according to a report.
Japan’s Crypto Traders May Face Closer Scrutiny Over Tax Avoidance
Japanese tax authorities are said to be planning to take action on the under-reporting of cryptocurrency-based profits.
BitConnect Promoter Wanted Over Another Alleged Crypto Scam
A promoter of the now-shuttered crypto fraud BitConnect has again been charged over a different claimed cryptocurrency scam.
Hackers Infect 50,000 Servers With Sophisticated Crypto Mining Malware
Hackers have breached over 50,000 servers across the world to mine cryptocurrency using unusually sophisticated tools, according to a new report.