With the prolonged bear market in crypto ongoing, one will think most people should be losing money. While that is true, another thing also true is the increase in crimes in the bear market. On today’s news, the ex-chief financial officer has pleaded guilty in court for embezzling more than $5 million from multiple special…
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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: Today in Crypto: Indonesia to Launch Crypto Exchange, India’s Exchanges Lost 81% of Trading Volume, UK’s National Crime Agency Forming a ‘Crypto Cell’ Read more »Sign up for e-EUR – the…
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A vast underground ring of know-your-customer (KYC) actors for hire has been increasingly used by rogue developers with the aim to scam Web3 communities, according to a recent analysis by security-focused ranking platform CertiK. … Read More: Crypto Scammers are Buying Fake Identities on the Black Market for as Little as $8 – Here’s What You…
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Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight against cybercrime, including the use of cryptocurrencies for illegal purposes. The collaboration has been agreed upon during a visit by Russia’s Prosecutor General to Ankara. Russia, Turkey Arrange Cooperation on Countering Crime Involving Digital Space and Assets The Prosecutor General…
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Terror organizations are increasingly turning to cryptoassests to fund their activities, said United Nations (UN) officials. During the UN’s Counter-Terrorism Committee (CTC) meeting in India on Friday and Saturday, the officials discussed the “threats and opportunities related to new payment technologies and fundraising methods,” including the use of these “new and emerging” technologies to fund…
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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: Crypto News Summary: Asian Banking Giant Joins Singapore’s CBDC Effort, Hong Kong to Launch Crypto ETF, Argo Blockchain May Be Forced to Shut Down Read more »Sign up for e-EUR –…
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Law enforcement will need to “continually evolve” in order to keep pace with criminals, Australia’s federal police said. Australia’s federal law enforcement agency has highlighted the criminal use of cryptocurrency as an “emerging threat” in the country but says it’s a continuous challenge to keep up the pace with criminals. A spokesperson for the Australian…
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Two men from Massachusetts, USA, were sentenced last week for what’s been described as “an extensive scheme” to steal some $330,000 in cryptocurrency using SIM swapping and computer hacking methods. The US Department of Justice (DoJ) announced that 24-year-old Eric Meiggs was sentenced to two years and one day in prison, while 22-year-old Declan Harrington…
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The Organization for Security and Co-operation in Europe (OSCE) has set out to teach law enforcement officers in Uzbekistan how to conduct crypto and dark web investigations. The regional body recently organized a training course for employees of the country’s security agencies in Tashkent. Uzbekistan Police and Security Agents Attend OSCE Course on Cryptocurrencies Representatives…
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A special team established by Interpol in Singapore will assist governments around the world in the fight against crimes involving virtual assets, the international police body announced ahead of its general assembly in India. Cryptocurrency and cybercrime will be the main focus of the forum. Interpol Sets Up Unit to Tackle Crypto-Related Crimes, Top Executive…
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