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crime in crypto

2 Mirrored, Copycat Bored Ape NFT Projects Cause Copyright Infringement Controversy

In the midst of the hype surrounding the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collectibles, two NFT projects have appeared offering near-identical or mirrored versions of the original BAYC NFTs. The NFT marketplace Opensea has removed the NFT projects from the market for breaking the rules against copyright infringement.

2 JANUARY 2022

News

Crypto Scammer Arrested in Bangkok After Fleeing With 500 Million Baht

A man allegedly behind a cryptocurrency investment scam has been arrested in Bangkok, Thailand. He lured people into investing in his fraudulent crypto scheme by promising high returns, telling investors they could earn a 400% return by investing in just 200 days.

28 DECEMBER 2021

News

Another group of "dirty money launders" exposed in Kyiv

Another group of "dirty money launders" exposed in Kyiv

As part of the fight against money laundering, cyber police officers in early December 2021 blocked the activities of black cryptocurrency traders in Kyiv, who are simulating the participation in stock bidding and operations with cryptocurrency, were in fact engaged in money laundering through unsuspecting Ukrainian citizens.

20 DECEMBER 2021

News

YouTube Crypto Scams On The Rise As Victims Lose Millions

Crypto scams have been on the rise with the bull rally but scammers have found another medium to perpetuate their scams. YouTube has always been an effective marketing and influencing tool in the space, which is why it is sometimes a prime target for scammers. This time around, scammers have found another way to separate victims from their money and that is through compromised YouTube videos.

27 NOVEMBER 2021

News

DeFi Users Lost $10.5 Billion to Theft and Fraud in 2021, Mostly on Ethereum: Report

Risk management firm Elliptic says DeFi users have lost $12 billion to hacks and scams over the past two years.

20 NOVEMBER 2021

News



Citing Squid Games Token, Binance CEO CZ Shares Tips On Avoiding DeFi Exit Scams

They say “If you want to steal money, don’t rob a bank, open one,” and this has been an increasingly popular stunt recently pulled by crypto scammers as the crypto and DeFi ecosystems continue to bloom.

8 NOVEMBER 2021

News

Third Centra Tech Founder Pleads Guilty to ICO Fraud

Third Centra Tech Founder Pleads Guilty to ICO Fraud

U.S. prosecutors have secured a guilty plea from Sohrab Sharma, a co-founder of the Centra Tech initial coin offering (ICO) fraud.

18 JULY 2020

News

Gold Advocate Peter Schiff Believes The Twitter Hack Is A Sign Of Things To Come For Bitcoin Itself

Gold Advocate Peter Schiff Believes The Twitter Hack Is A Sign Of Things To Come For Bitcoin Itself

Although it can be argued, bitcoin is one of (if not the) most secure networks in the world. The hash rate for the network is the amount of computing power dedicated to securing it and it is typically deemed as the litmus test of the general security.

18 JULY 2020

News

Attempted 51% Attack on Bitcoin Gold Was Thwarted, Developers Say

Attempted 51% Attack on Bitcoin Gold Was Thwarted, Developers Say

Bitcoin gold’s developer team announced late Friday night that it foiled a 51 percent attack that it had known was coming for over a week.

11 JULY 2020

News

Monero Hacker Group ‘Outlaw’ Is Back and Targeting American Business

Monero Hacker Group ‘Outlaw’ Is Back and Targeting American Business

A group specializing in hijacking victims' computer power to mine for monero has returned with new tools to attack businesses based in the U.S. and Europe.

29 APRIL 2020

News

A Mailbomber in the Netherlands Wants a BTC Payment to Stop Blowing Things Up

A Mailbomber in the Netherlands Wants a BTC Payment to Stop Blowing Things Up

Two letter bombs exploded in the Netherlands on Wednesday and an anonymous criminal is asking for a Bitcoin payment to prevent future attacks, Dutch police say.

14 FEBRUARY 2020

News

US Authorities Charge Crypto ‘Trading Club’ Operators With Defrauding 150 Investors

US Authorities Charge Crypto ‘Trading Club’ Operators With Defrauding 150 Investors

The U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the U.S Attorney for the Southern District of New York have charged Ohio resident Michael Ackerman and two unnamed business partners with defrauding some 150 investors by claiming to offer "extraordinary profits" from a cryptocurrency trading scheme.

12 FEBRUARY 2020

News

NK breached Singapore cryptocurrency exchange: Report

NK breached Singapore cryptocurrency exchange: Report

A cybercriminal syndicate strongly believed to be associated with the North Korean government breached the Singapore-based DragonEx exchange in March 2019, taking about $7 million worth of various cryptocurrencies, including Bitcoin, Ripple and Litecoin, Radio Free Asia reported Wednesday, citing the latest findings released by US-based blockchain firm Chainalysis.

6 FEBRUARY 2020

News

Crypto Ransomware Paralyzes California School District

A crypto ransomware attack shut down the Mountain View-Los Altos school district servers and phone system on Wednesday. The malicious software demanded Bitcoin as ransom to restore service.

3 FEBRUARY 2020

News

$1 million in cryptocurrencies was in stolen Kiev

$1 million in cryptocurrencies was in stolen Kiev

According to some reports, the funds were distributed between various exchanges for fiat withdrawal. The police are investigating, and the recent blocking of user accounts on the Binance cryptocurrency exchange was caused by this theft.

1 FEBRUARY 2020

News

Silk Road Marketplace Senior Adviser Pleads Guilty in US Federal Court

Silk Road Marketplace Senior Adviser Pleads Guilty in US Federal Court

A senior adviser to the operator of the Silk Road dark web marketplace has pled guilty to one count of conspiracy to distribute narcotics in a Manhattan federal court. According to a United States Department of Justice press release dated Jan. 30, Roger Thomas Clark was a key figure in the development of Silk Road, advising on all aspects of the enterprise, and even attempting to arrange a murder-for-hire to protect its interests.

31 JANUARY 2020

News

Ethereum Dev Virgil Griffith Pleads Not Guilty to Violating North Korea Sanctions

Ethereum Dev Virgil Griffith Pleads Not Guilty to Violating North Korea Sanctions

Ethereum developer Virgil Griffith pleaded not guilty to a charge of conspiracy to violate the International Emergency Economic Powers Act on Thursday.

31 JANUARY 2020

News

Your PGP Key? Make Sure It’s Up to Date

Your PGP Key? Make Sure It’s Up to Date

That’s the conclusion from a new cryptanalysis paper published earlier this month on SHA-1 (pronounced “shaw”), a once-popular hash function created by the National Security Agency and disapproved in the mid-2000s after failing against theoretical hack attacks.

27 JANUARY 2020

News

Scammers Who Sold Coin '10x Faster Than Bitcoin' Now Jailed

Scammers Who Sold Coin '10x Faster Than Bitcoin' Now Jailed

A South Korean court has handed the masterminds of a scamcoin scheme seven-year prison terms.

25 JANUARY 2020

News

Suspects arrested by Tokyo police over ¥78 million bitcoin theft

Suspects arrested by Tokyo police over ¥78 million bitcoin theft

Tokyo police have arrested two men for allegedly stealing some ¥78 million in bitcoin from an overseas cryptocurrency exchange, it was learned Thursday.

24 JANUARY 2020

News

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