South Korean police have announced that they will launch a new crypto scam-busting cybercrime taskforce. KBS reported that police say that one of the new taskforce’s “three main tasks” will be dismantling and fighting crypto scams. Crypto-related fraud is on the rise in South Korea, with several high-profile scams galvanizing the public of late…. Read…
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The French police have arrested two suspects and seized 210,000 euros worth of crypto in connection with the Platypus exploit. Two suspects have been arrested by the French police in connection with Platypus’ $9.1 million exploit, and 210,000 euros worth of cryptocurrency has been seized, according to the local authorities. Investigations leading to the arrests…
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South Korean police have arrested 30 people as part of an investigation into a suspected $ 8 million crypto scam. Masterminds appear to have promised investors “guaranteed gains” of up to 2,000%…. Read More: South Korean Police Arrest 30 in $8m ‘Crypto Scam’ Bust Read more »Sign up for e-EUR – the progressive stablecoin
The son of the former CEO of Mitsubishi Electric has been arrested in a violent crypto robbery and kidnapping case in Japan – which saw a crypto holder allegedly confined and beaten over a period of 20 days…. Read More: Ex-Mitsubishi Electric CEO’s Son Charged with Violent Crypto Theft Read more »Sign up for e-EUR…
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Police in Abkhazia have confiscated 396 crypto mining rigs in the space of just 48 hours – as the de facto state continues its battle against illegal miners. The government has blamed illegal miners for crippling power shortages and rolling blackouts that have left thousands without electricity. The state’s political status is contentious. Many nations…
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According to Stock, criminals have started targeting users on platforms similar to the metaverse, adding that “we need to sufficiently respond to that.” The International Criminal Police Organization (ICPO), or Interpol, is investigating how it could police crimes in the metaverse. However, a top Interpol executive believes there are issues with defining a metaverse crime.…
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The International Criminal Police Organization, Interpol, is working on how to police the metaverse, a digital world that is projected as an alternative to the real world. Interpol secretary general Jurgen Stock believes the organization must be ready for this task in order to not be left behind by the metaverse and its related technology.…
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Spanish police got more than they bargained for when they went in search of a marijuana farm – and ended up unearthing an illegal bitcoin (BTC) mining operation instead. Per Xataka and an official police report, officers were investigating what they initially thought was an “indoor marijuana plantation” in stables in Santiponce, a small town…
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European law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds processed through the platform were associated with various criminal activities. Bitzlato Senior Management Targeted in Europe, Exchange Infrastructure Dismantled High-ranking executives of the recently busted Bitzlato…
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A South Korean man was handed a host of punishments after a court found him guilty of buying narcotics online – using bitcoin (BTC). News1 reported that the man, aged 43 but unnamed for legal reasons, was convicted by a branch of the Chuncheon District Court Criminal on charges of violating drug management laws…. Read…
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