Crypto’s mainstream acceptance is almost already here, but many people still have unfounded fears we have to overcome.
Are crypto and blockchain safe for kids, or should greater measures be put in place?
Age verification and educations around the implications of blockchain technology should be enforced for minors dabbling in the crypto space.
Blockchain forensics is the trusted informant in crypto crime scene investigation
As mainstream adoption of crypto increases, blockchain forensics is enabling law enforcement to recover stolen crypto, making the space more secure.
Counterfeit NFTs result in marketplace shutdown: Experts weigh in
The NFT Platform famous for minting Jack Dorsey’s first tweet has halted NFT operations amidst counterfeiting and illicit activity calls.
FBI warns against rising crypto romance scams during Valentine’s week
In 2021 alone, victims within the FBI San Francisco division’s territory lost more than $64 million to romance scams, compared to just over $35 million in 2020.
Chainalysis report finds most NFT wash traders unprofitable
Findings from Chainalysis shows the NFT space to be prone to wash trading, but most traders are not profiting.
NCFTA onboards crypto exchange Binance to fight against cybercrime
By partnering with Binance, the NCFTA aims to tackle international cybersecurity investigations by co-sharing threat intelligence.
Some Salvadorans claim funds are missing from their Chivo wallets
“No tech support and only useless calls, where is my money,” said Luis Guardado in a direct appeal to El Salvador President Nayib Bukele.
Beware of sophisticated scams and rug pulls, as thugs target crypto users
The year 2021 has seen an increase in “rug pulls,” a new scam capable of luring both early adopters and new crypto investors.
Crypto tumblers, exchanges under microscope as DOJ launches new task force
Under the pretext of holding corrupt actors accountable, the new taskforce will address crimes related to the criminal misuse of cryptocurrency.
US Justice Dept is selling $56M in crypto to compensate victims of BitConnect’s fraud
“This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date,” said the Justice Department.
How will DOJ’s new crypto enforcement team change the game for industry players, good and bad?
In a bid to catch up with cybercriminals, the Justice Department is pooling all crypto expertise in one place.
Brazil aims to tighten penalties for crypto-related financial crimes
The penalties are part of a new piece of legislation that also regulates crypto trading and payments.
U.S. government goes to court over $11M USDT purportedly stolen by fake Coinbase rep
In April, sharing their Coinbase account credentials with a fraudster had cost a California resident more than $11 million. Now, there might be recourse.
Netflix to release documentary about QuadrigaCX CEO’s mysterious life and death
Many claimed Gerald Cotten had faked his death and absconded with millions in crypto, even briefly demanding his body be exhumed.
Additional compensation available for Cryptsy victims, court notice says
Those who lost money in a 2016 U.S. crypto exchange heist maybe be entitled to additional recoupment.
US Treasury Dept sanctions crypto OTC broker Suex for alleged role in facilitating transactions for ransomware attacks
The government agency hinted at possible additional sanctions for “financial institutions, cyber insurance firms, and companies involved in digital forensics and incident response” that facilitated ransomware payments.
Monero’s former maintainer released from US custody
“I am actively working with my attorneys on a way to return to South Africa as soon as possible so I can address this matter and get it behind me once and for all,” said Riccardo Spagni.
El Salvador police arrested and released Bitcoin detractor without a warrant
The National Civil Police later released a statement saying Mario Gómez’s detainment was related to an investigation for financial fraud.
US postal inspectors need ‘comprehensive crypto training,’ audit finds
An internal audit released by the United States Postal Inspection Service has recommended that the agency develop a “comprehensive crypto training program” to reduce risks during its investigations.