Category: Crime

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North Korea Still Hacking Crypto Exchanges to Fund Its Weapons Program, Says UN

  Independent sanctions monitors have told the United Nations (UN) that North Korea is continuing to use crypto and raids on international crypto exchanges as a major revenue stream to fund its nuclear and ballistic weapons programs. The monitors, Reuters reported, submitted their findings to the UN Security Council North Korea sanctions committee…. Read More:…
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The Metaverse: Three Legal Issues We Need to Address

  Pin Lean Lau, Lecturer in Bio-Law, Brunel Law School | Centre for Artificial Intelligence: Social & Digital Innovations, Brunel University London._____ The “metaverse” seems to be the latest buzzword in tech. In general terms, the metaverse can be viewed as a form of cyberspace. Like the internet, it’s a world – or reality, even…
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USD 150M Bet On ‘Extending’ Bitcoin, Miners Help Texas, Proof-of-Kraken, NFT Investments + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: USD 150M Bet On ‘Extending’ Bitcoin, Miners Help Texas, Proof-of-Kraken, NFT Investments + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Men Who Spiked a Crypto YouTuber’s Coffee to Steal Coins Sent to Jail for 3 Years

  Two South Korean YouTubers who robbed a fellow crypto broadcaster by spiking them with sleeping pills and stealing USD 660,000 worth of tokens, have been sentenced to three years behind bars – after a disagreement about sharing the profits of their social media behavior got out of hand…. Read More: Men Who Spiked a…
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‘Scam’ Crypto Exchange Victims Demand Execs Face ‘Maximum’ Punishment

  Victims of the alleged V Global crypto exchange scam have demanded “maximum sentences” for executives of the trading platform ahead of their trials. Fourteen executives, including the V Global CEO, are set to stand trial at a branch of the Suwon District Court next month, although the investors’ group says that 40 other officials…
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India’s CBDC, Ozzy Bites NFT, Decentralized Autonomous Rug Pull + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______ … Read More: India’s CBDC, Ozzy Bites NFT, Decentralized Autonomous Rug Pull + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term Investment’

  North Korea “has hacked USD 1.7 billion worth of crypto from exchanges,” reports have claimed -and experts say that Pyongyang is going long on its haul of tokens, rather than immediately swapping them for cash…. Read More: North Korea Views its USD 1.7B Crypto Hack Hauls as a ‘Long-term Investment’  Read more »Pay, Trade,…
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Scammers Stole USD 7.7B in Crypto in 2021 Amid Rug Pull Surge – Chainalysis

  Scams continue to generate the largest stream of cryptocurrency-based crime by transaction volume, with more than USD 7.7bn worth of crypto stolen from victims across the world so far this year, according to a recent report by blockchain analysis company Chainalysis…. Read More: Scammers Stole USD 7.7B in Crypto in 2021 Amid Rug Pull Surge –…
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This Is How Fake Bitbuy Crypto Exchange Scammed Investors

South Korean police have swooped on the operators of what they say was a scam crypto exchange that sucked in 12,000 victims – after claiming investors could use it to make compound interest gains of a whopping 0.5% every eight hours. Per Herald Kyungjae, the firm posed as a South Korean affiliate of the bona…
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Chinese Central Bank: NFT, Metaverse ‘Could Become Money-Laundering Tools’

The Chinese central bank’s anti-money laundering chief has spoken out about non-fungible tokens (NFTs) and metaverse projects – suggesting that there may be a need to regulate these sectors in the same manner as it polices cryptoassets. In two crackdowns (one in September 2017 and the second in September this year), the central People’s Bank…
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