The United States Financial Crimes Enforcement Network (FinCEN) has assessed a civil money penalty for a California resident accused of wilfully violating money transmission laws in his work as a peer-to-peer…
Tag: crypto theft
US Justice Dept. Convicts Two Romanians of Cybercrimes Including Cryptojacking
A federal jury has convicted two Romanian alleged cybercriminals of spreading malware to steal credit card credentials and illicitly mine cryptocurrency, an announcement from the official website of the United States Department of Justice revealed on April 11. The malware allegedly…
Alleged BTC-e Operator Alexander Vinnik Seeks Extradition to Russia
Alleged BTC-e exchange operator Alexander Vinnik, who is accused of laundering billions of dollars, is officially seeking extradition to Russia. According to a report from local news source e-Kathimerini on Thursday,…
Texas: Crypto AriseBank CEO Pleads Guilty to Deceiving Investors in $4.2 Million Case
The former CEO of reported cryptocurrency scam AriseBank has pleaded guilty to defrauding victims of over $4.2 million, Texas-based daily news outlet Dallas News reported March 21. Jared Rice, whom the FBI arrested over securities and wire…
Australia: Clients Take Crypto Fund Manager to Court, Cite $14.2 Million in Losses
The founder of what reportedly claims to be Australia’s first online mattress retailer OzMattress and cryptocurrency fund manager Stefanos Papanastasiou is about to be brought to court by his clients over the loss of over…
Crypto Crime Trends Evolving as Users Wise Up: Exchange Hacks, Darknet and Money Laundering
Two prominent research papers have shed light on the latest crime trends affecting the cryptocurrency community over the past two years. Crypto analytics companies Chainalysis and CipherTrace released reports at the end of January that…
The Collapse of QuadrigaCX: What We Know (And What We Don’t)
QuadrigaCX, the Canadian cryptocurrency exchange, made headlines the world over last week when it announced it was filing for creditor protection and owed upwards of $130 million or more…
Government Death Certificate Says QuadrigaCX CEO Died in India
An Indian government-issued death certificate obtained by CoinDesk corroborates QuadrigaCX’s account of the passing of CEO Gerald Cotten in early December. Cotten’s death is at the center of the…
Report: New Zealand Cryptopia Exchange Hack Continues
Two weeks after it first reported a hack, New Zealand-based cryptocurrency exchange Cryptopia is still compromised by cyber criminals, according to a blog post from blockchain infrastructure firm Elementus on Jan. 29. The exchange suspended services after detecting…
U.S. Law Firm Files Claims Against AT&T, T-Mobile Over SIM Swap-Enabled Crypto Thefts
U.S. crypto investor law firm Silver Miller has filed arbitration claims against telecoms giants AT&T and T-Mobile for “SIM-swap”-related thefts, according to a press release published Nov. 8 SIM-swapping…
