crypto crime

us-hacker-handed-three-year-prison-sentence-for-looting-$12,000,000+-in-crypto-from-two-decentralized-exchanges
Posted by | April 13, 2024
US Hacker Handed Three-Year Prison Sentence for Looting $12,000,000+ in Crypto From Two Decentralized Exchanges

A US hacker convicted of plundering more than $12 million worth of crypto assets from two decentralized exchanges (DEXs) was sentenced to three years in prison. In July 2022, Shakeeb...

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Posted by | February 2, 2024
Criminals Behind $2M School Theft Admit Guilt: Crypto Mining Scheme Uncovered

In recent developments, two California school district officials have admitted guilty to stealing up to $1.8 million and misappropriating electricity to finance and operate a clandestine crypto-mining operation.  The United...

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Posted by | January 30, 2024
Crypto Fraud Crackdown: SEC, DOJ Charge HyperFund Founders In $1.8 Billion Scheme

In a significant development, the Department of Justice (DOJ) recently announced criminal charges against two individuals. It secured a guilty plea from a third person involved in a global crypto...

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uk-law-enforcement-works-with-kraken-to-recover-nearly-$2,320,000-worth-of-stolen-crypto-for-fraud-victims
Posted by | November 10, 2023
UK Law Enforcement Works With Kraken To Recover Nearly $2,320,000 Worth of Stolen Crypto for Fraud Victims

Police officers in the UK targeting cross-border crimes say that they have worked with US-based digital asset exchange Kraken to return the stolen assets of crypto theft victims. According to...

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crypto-ceo-bags-record-breaking-prison-sentence-for-$2-billion-theft
Posted by | September 11, 2023
Crypto CEO Bags Record Breaking Prison Sentence For $2 Billion Theft

Former CEO Faruk Fatih Özer of the bankrupt Turkish crypto exchange Thodex has been given a record-breaking prison sentence for stealing $2 billion in customer funds. Crypto CEO Sentenced To...

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downfall-of-canada’s-lambo-driving-‘crypto-king’-reportedly-sees-$35m-in-losses
Posted by | September 20, 2022
Downfall of Canada’s Lambo driving ‘Crypto King’ reportedly sees $35M in losses

A self-described 23-year-old “Crypto King” is facing a raft of demands among 140 of his investors as they try to claw back a collective total of $35 million from his...

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crypto-bad-guys-vs-150-us.-prosecutors-–-who-will-win?
Posted by | September 19, 2022
Crypto Bad Guys Vs. 150 U.S. Prosecutors – Who Will Win?

The crypto landscape is heating up as the U.S. Department of Justice ramping up its efforts to counteract the risks posed to the American people by the illegal exploitation of...

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illicit-crypto-usage-as-a-percent-of-total-usage-has-fallen:-report
Posted by | June 13, 2022
Illicit crypto usage as a percent of total usage has fallen: Report

A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline. 1757 Total views 29 Total...

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