In a coordinated investigation with Europol’s Financial and Economic Crime Centre (EFECC), the Spanish Civil Guard (Guardia Civil), the German Federal Criminal Police Office (Bundeskriminalamt), and t...
Tag: Criminals
New York Bitcoin ATM Operator caught for Running Illegal Business: Attracting Criminals
46 Bitcoin ATMs have been charged for illegal business. In New York, a bitcoin ATM operator was charged with using the company to “market toward those involved in criminal behavior.” R...
U.S Secret Service Seizes $102 Million Of Crypto Assets Linked To Criminals
In a crackdown against illicit transactions of digital assets linked to cybercrimes, the U.S. Secret Service has seized more than $102 million worth of digital assets, reported CNBC. Per the stats pro...
Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals – Regulation Bitcoin News
A bitcoin ATM operator has been indicted in New York for running an illegal business “marketed towards individuals engaged in criminal activity.” The district attorney in charge described: “Robert Tay...
Frosties NFT Creators Charged: US DoJ Quite Active On Crypto Criminals
The US DoJ is pretty active lately in the fraud cases related to the crypto space. Recently two men in their 20s were charged with an alleged rug pull, as they have looted the community of their NFTs...
US DOJ Continues Crackdown On Crypto Criminals As It Charges Frosties NFT Creators For Fraud ⋆ ZyCrypto
Advertisement     Two young men have been charged with conspiracy to commit wire fraud and money laundering after allegedly ripping off Frosties NFT community. They fa...
Is Bitcoin A Tool For Criminals? Drug Cartels Prefer Banks
A report from The International Narcotics Control Board (INCB) shows that bitcoin is not the preferred method for drug cartels and other criminal groups to launder money, they rather use banks. This o...
Data Leak Shows Credit Suisse Welcomes ‘Rogues’ Gallery of Criminals, Dictators and Spies
A data leak at Credit Suisse has revealed the kind of customers the Swiss bank is happy to do business with. Among the many customers the bank has catered for are organized crime bosses, dictators, co...
In 2021, Criminals Stole $3.2B In Crypto. $2.3B Of Those Funds Came From DeFi
At the last peak, there were $256B involved in DeFi. The industry’s rapid growth brought attention, and among those eyeballs, there were bad actors. In fact, “the value stolen from these protocols cat...
Bitcoin Bad? Leaked Documents Allege Credit Suisse Operated Accounts of Criminals
Recently leaked documents allege that the giant private bank Credit Suisse had held hundreds of billions of dollars of clients alleged or involved in drug trafficking, corruption, torture, money laund...
Chainalysis Report Notes That A Significant Number Of Crypto Whales Are Criminals ⋆ ZyCrypto
Advertisement     The Chainalysis report reveals that about 3.7% of crypto whales are criminals. The majority of their income appears to come from the Darknet, as the...
Chainalysis Says More Crypto Criminals Are Becoming Crypto Whales
Crypto analysis firm Chainalysis, in a recent report, noted that criminal cryptocurrency “whales” held more than $25 billion worth of assets last year. This represents about 3.7% of the amount held by...
4% of crypto whales are criminals and they have $25B between them: Chainalysis
Chainalysis data shows that 4068 criminal whales (roughly 4% of all whales) are hodling more than $25 billion worth of cryptocurrency between them. The blockchain analytics firm defines criminal whale...
Litecoin founder explains why MimbleWimble’s privacy won’t help criminals
Litecoin founder Charlie Lee isn’t concerned over MimbleWimble aiding money launderers or a potential regulatory backlash over its new privacy features. Litecoin isn’t as private as you think The Mimb...
Criminals Laundered $8.6 Billion Worth of Crypto in 2021: Chainalysis Report
The blockchain-based data platform – Chainalysis – estimated that the total cryptocurrency value laundered in 2021 was $8.6 billion – 30% more than 2020. According to the company, though, such an incr...
Criminals Still Find It Easier to Hide in Fiat Than Crypto
Several startups fill this identity-knowledge gap for law enforcement targeting criminals or investors analyzing successful investment strategies. These startups identify address owners by scraping we...