There is a new wave of crime in the city of London that is targeting investors in the digital currency ecosystem. According to confidential police reports obtained by The Guardian, there has been a se...
Tag: Crime
This Billion-Dollar Crypto Loan Is Easy to Get, but Gone in a Flash
A hacker who robbed the decentralized stablecoin platform Beanstalk in April had a powerful tool: a $1 billion loan taken out with no collateral, no proof of income and no identity verification. The l...
Boeing Exits Chicago as City Wrestles With Crime, Exodus
(Bloomberg) — Boeing Co.’s decision to leave Chicago is the latest blow to a U.S. city that already has seen its once-mighty economy battered by Covid-19 and crime. Most Read from Bloomberg The ...
Trump Organization, presidential inaugural committee settle DC lawsuit
President Donald Trump and First Lady Melania Trump dance at the Freedom Ball on January 20, 2017 in Washington, D.C. Getty Images Former President Donald Trump‘s 2017 inaugural committee and hi...
Making Cryptocurrencies More Mainstream Via Enhancing Global Cryptocurrency Crime Investigations
Investigators can take advantage of crypto’s benefits in unearthing the immutable proof of transactions stored on the blockchain by resourcing it specifically, but federal law enforcement often has th...
Making crypto conventional by improving crypto crime investigations worldwide
When times are tough — as in the pandemic — enterprising human nature goes into overdrive. People seek out alternative ways to make money. That could be one of the reasons why cryptocurrencies skyrock...
Micron sued for alleged patent infringement
BOISE, Idaho — Bell Semiconductor has filed a patent infringement lawsuit against computer chip maker Micron Technology. The lawsuit filed Wednesday in U.S. District Court contends that Boise, Idaho-b...
Russian security agency wants exchanges to share data with crime investigators
Russia’s Federal Security Service (FSB) and the Ministry of Internal Affairs (MVD) have submitted their review notes on the forthcoming “crypto bill,” developed by the country’s Finance Ministry. Law ...
Josh Charles And Jamie Hector On The Challenges Of HBO’s True Crime Drama ‘We Own This City’
(Left to right) Jamie Hector and Josh Charles in HBO’s ‘We Own This City.’ HBO We Own This City posed different challenges for actors Josh Charles and Jamie Hector, but they both lea...
Opinion: Why I don’t want bitcoin in my 401(k)
Hooray! At long last, the company managing my 401(k) plan will allow me to bet up to 20% of my retirement funds on a digital Ponzi scheme that generates no income and has no practical use. Fidelity In...
GOP Rep. Madison Cawthorn brought gun to North Carolina airport
Rep. Madison Cawthorn, R-N.C., is seen in the U.S. Capitol as House Minority Leader Kevin McCarthy, R-Calif., spoke at length on the House floor to delay the Build Back Better Act vote on Thursday, No...
New York Lawmakers to Make Rug Pulls in Crypto a Crime
The State of New York may soon make a move to christen “Rug Pulls” in the digital currency ecosystem as an offence, which could come as a bill, dubbed Senate Bill S8839 when it is passed into law. The...
State lawmakers want to make fraudulent rug pulls a crime in New York
New legislation filed this week in the US state of New York takes aim at so-called rug pulls and other crypto-specific forms of fraud. Senate Bill S8839, according to public records, “[e]stablis...
Saudi Royals Are Selling Homes, Yachts and Art as Crown Prince Cuts Income
RIYADH, Saudi Arabia—Saudi princes have sold more than $600 million worth of real estate, yachts and artwork in the U.S. and Europe since the kingdom’s de facto ruler tightened the purse strings of th...
Carlos Ghosn says he expects fair trial in France following arrest warrant
Carlos Ghosn, former Nissan chief executive officer, is in an ongoing legal battle amid allegations of financial misconduct. Bloomberg | Getty Images Carlos Ghosn has said he would receive a “fa...
UK watchdog identifies major flaws in how challenger banks tackle financial crime risks
Following a recent investigation by the Financial Conduct Authority (FCA), it was discovered that several challenger banks had major flaws in their financial crime controls and that they need to enhan...
UK digital banks need to improve financial crime controls, FCA warns
Icons for the Monzo and Starling banking apps on a smartphone. Adrian Dennis | AFP via Getty Images Britain’s online-only challenger banks need to do more to prevent the abuse of their platforms...
FCA Raises Concerns over Challenger Banks’ Financial Crime Controls
The Financial Conduct Authority (FCA) recently released the outcomes of its review regarding the risk assessment by challenger banks. According to the authority, the review found weaknesses in some ch...
Ex-UBS Advisor Pleads Guilty to Fraud That Funded Multiple Romances
An ex- UBS advisor pleaded guilty in a federal court in Miami to defrauding clients of more than $5 million, the Justice Department said. German Nino, who was charged earlier this year, entered a plea...
Bitfinex, Tether Establish Crypto Relief Funds For People Affected In El Salvador Gang Crime
Bitfinex, a peer-to-peer crypto exchange along with the issuer of stablecoin USDT, Tether has established a crypto relief fund to help affected people and their families in the gang-related violence i...
You Made $700 From an Online Side Hustle. Now the IRS Will Know.
Now that your 2021 taxes are done—or at least under way—it’s time to focus on a key tax change for 2022 affecting millions of Americans making money through platforms like eBay , Etsy , Airbnb , Venmo...
A retired nurse lost $43,000 to bitcoin — watch out for red flags online
A New York retired nurse lost $43,000 of her life savings to bitcoin scammers, after transferring the money to them through a malicious computer pop-up – an unfortunate reminder to be vigilant when it...
NYC Subway Shooting Suspect Frank James Arrested Thanks To Crime Stoppers Tip
Topline Frank R. James, 62, the suspect in Tuesday’s subway shooting in Brooklyn that left 10 people shot and 29 injured, was arrested Wednesday following a manhunt including hundreds of law enforceme...
Woman May Lose $8,000 To Police Even Though She Was Never Charged With A Crime
Cristal Starling at the door to her apartment building in Rochester, New York. Institute for Justice The case is called the United States of America v. $8,040 U.S. Currency, but it’s Cristal Starling’...
Landlord of men accused of impersonating DHS agents won unpaid rent judgment
Arian Taherzadeh seen in photos submitted in a D.O.J. affidavit. Courtesy: D.O.J The landlord of two Washington, D.C., men charged with impersonating Department of Homeland Security agents won a judgm...
Unchecked crime forces Kraken exchange to close San Francisco HQ
Kraken CEO Jesse Powell issued a statement on April 8 announcing the closure of the company’s office on Market Street, San Francisco. Powell said this was necessary due to attacks on staff going to an...