Crypto influencer Ben “BitBoy” Armstrong was released on bail around eight hours after being booked by Gwinnett County police for loitering and simple assault. Crypto influencer Ben Armstrong, formerly known as BitBoy, reportedly spent the night in the slammer and has been hit with two charges following his conspicuous arrest. Armstrong, who was taken into…
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Crypto influencer Ben ‘Bitboy’ Armstrong has been reportedly arrested while livestreaming his attempt to confront a former business partner. Excerpts from the Youtube video released on social media show him explaining to police the reasons for his deed, including the alleged theft of his Lamborghini. Bitboy Crypto Gets Detained in Front of Former Business Partner’s…
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A former corrections officer from New Jersey has been arrested for targeting law enforcement and first responders in an investment scheme involving a digital token. John DeSalvo, a 47-year-old resident of Marmora, New Jersey, allegedly created and promoted the Blazar Token in a bid to lure investors with the promise of a “crypto pension” that could supplement…
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Founder of bankrupt crypto exchange FTX, Sam Bankman-Fried (SBF), has sought to avoid being jailed, denying prosecutors’ accusations of witness tampering that followed an interview he gave for the New York Times. The indicted crypto mogul also argued that revoking his bond would violate his right to free speech. Bankman-Fried Says He Never Tried to…
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Canadian law enforcement reports that affluent cryptocurrency investors have become targets of home invasion-style robberies. Both Delta Police and Royal Canadian Mounted Police in Richmond have issued warnings after having dealt with multiple robberies involving prominent cryptocurrency investors over the past year. Wealthy Crypto Investors Become Targets in Canada Over the last 12 months, numerous…
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Ilya Lichtenstein and Heather Morgan, the New York-based couple implicated in the alleged laundering of $4.5 billion in bitcoin pilfered from the 2016 Bitfinex cyber-attack, have reached a plea bargain, as revealed by recent court records. The pair is scheduled to appear before U.S. judge Colleen Kollar-Kotelly on August 3, 2023, and will be mandated…
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The suspected administrator of the Monopoly Market darknet marketplace has been extradited from Austria to face charges in the U.S. The man, a citizen of Serbia and Croatia who was arrested in Vienna last November, has been accused of facilitating $18 million in illegal drug transactions using cryptocurrencies. DNM Administrator Charged in U.S. With Running…
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A Trust Reserve stablecoin team was detained by police in China on May 29, according to PANews. The news outlet reported that the team “had been taken away by the police and detained, and the family members of some employees had been notified.” The office in Shanghai was vacant and had a seal of “Judicial…
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Albania has extradited the founder of Turkish cryptocurrency exchange Thodex to his home country where he is charged with defrauding investors. The crypto entrepreneur disappeared after his trading platform unexpectedly went offline in the spring of 2021 and was arrested last year by Albanian law enforcement. Albania Hands Over Alleged Crypto Fraudster to Turkish Authorities…
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A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocurrency before it collapsed. Seoul Court Leaves Terraform Co-Founder at Large Citing…
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