Advertisement     South Korea has once again made an indictment connected to a crypto-related crime. This time around, the crime involves drug offenders. Authorities a...
Tag: Crime
Europol Sees Tools to Tackle Crime in Cryptocurrency and Blockchain Technologies – Blockchain Bitcoin News
Abuse expands with use in the case of cryptocurrency, Europol has acknowledged while also noting that blockchain technologies offer authorities a new opportunity to fight crime. Europe’s law enforceme...
Crypto Is ‘Key’ to Cracking Down on Crime, Says Europol
While Bitcoin and other cryptocurrencies are being increasingly used by criminals, the open nature of blockchain technology provides also provides authorities with a “key” new way to tackl...
She called herself the Mother Teresa of Florida small-business lending, but investigators say she was really running a $194 million Ponzi scheme
Johanna Garcia claimed her merchant cash-advance business was so helpful to small businesses in Florida that she was like the Catholic saint Mother Teresa. But to the 15,400 investors who sank $194.1 ...
Elizabeth Holmes wants a new trial, citing regrets from key witness against her
SAN FRANCISCO — Disgraced Theranos CEO Elizabeth Holmes requested a new trial Tuesday, asserting in a court filing that a key witness for the prosecution now regrets the role he played in her convicti...
How Crypto Is Key At Stopping Organized Crime, Europol Says
According to a report published by Europol, crypto is one of the main tools used by individuals linked to terrorism financing. PayPal, MoneyGram, Western Union, and traditional banks also made the lis...
Bed Bath & Beyond CFO who leapt to his death from New York skyscraper faced ‘pump and dump’ allegation just days earlier
Gustavo Arnal, the CFO of Bed Bath & Beyond who leapt to his death from a Manhattan skyscraper last week, had faced a “pump and dump” allegation less than two weeks earlier. On Friday Arnal fell t...
Crypto Plays A Crucial Role In Helping Combat Crime, Europol Says
As crypto use spreads to every nook and cranny of society, so does its misuse of the system to perform novel crimes and launder illicit funds. While Bitcoin and other cryptocurrencies are now being wi...
Samsung says personal data of some U.S. customers exposed in breach
Samsung Electronics Co. is warning some U.S. customers that their personal data was exposed in a recent breach. Samsung announced the breach in a brief statement late Friday, as Americans were about t...
Wells Fargo Fined $22 Million for Alleged Whistleblower Retaliation
Wells Fargo & Co. was fined more than $22 million by the U.S. Labor Department for allegedly firing a senior manager in its commercial banking unit after the employee reported concerns about misco...
MicroStrategy’s Michael Saylor Sued for Alleged Tax Fraud in Washington, D.C.
By Vicky Ge Huang and Richard Rubin Aug. 31, 2022 6:17 pm ET Listen to article (2 minutes) The District of Columbia attorney general sued Michael Saylor, the founder and chairman of software intellige...
Sears Gets Green Light to Wrap Up Bankruptcy Case After 4 Years
A bankruptcy judge signed off on a $180 million settlement of a Sears Holdings Corp. creditor lawsuit against former Chairman Edward S. Lampert and other executives, clearing the final hurdle for the ...
NewAge Says Cost of Internal Probe Contributed to Bankruptcy
NewAge Inc., a publicly traded seller of beverages, supplements and other health and wellness products, said its bankruptcy filing is due in part to the cost of an investigation into a potential viola...
3M’s Bankruptcy Setback Deepens Earplug Litigation Troubles
3M Co. had good reason to bet that it could use U.S. bankruptcy laws to shield itself from a mountain of personal-injury lawsuits filed over its allegedly defective military earplugs. But after a bank...
CEO of collapsed Turkish crypto exchange Thodex faces extradition from Albania following arrest
Faruk Fatih Özer, CEO of defunct Turkish crypto exchange Thodex, has been apprehended by law enforcement officials in Albania and faces extradition to Turkey, according to a statement from Turkey’s In...
Identity crime is at an all-time high. Here are 3 ways to protect yourself
d3sign | Moment | Getty Images Pandemic spurred jump in identity theft Since the beginning of 2020, consumers have lost about $886 million in fraud specifically linked to Covid-19, as criminals have l...
Using Financial Censorship to Prevent Crime Could Be Bad for Society
In the society foreshadowed by such schemes, Socrates wouldn’t just be executed – he would never exist in the first place. Crime, Durkheim would argue, represents a frontier of social transformation, ...
3M Is Denied Bankruptcy Shield Against Mass Earplug Claims
A bankruptcy judge declined on Friday to shield 3M Co. from continued litigation involving its military earplugs, a setback for the conglomerate’s attempt to shift the mass injury claims to a friendli...
Over $100 million worth of NFTs were stolen since last year: Elliptic
A new report from the blockchain analytics firm Elliptic sheds light on non-fungible token (NFT) theft, scams and other illegal activity. Elliptic’s report found that over $100 million worth of NFTs ...
Uniswap Blocked More Than 250 Crypto Wallets Suspicious of DeFi Crime
Recently the popular decentralized exchange platform of Uniswap reported taking bold steps, acting towards obligating guidelines against defi crimes. Uniswap blocked 253 crypto wallet addresses altoge...
‘Ghost gun’ regulations go into effect after judges reject challenges
AR-15 style rifles are displayed for sale at Firearms Unknown, a gun store in Oceanside, California, U.S., April 12, 2021. Bing Guan | Reuters New Biden administration rules that put homemade firearm ...