Qian Zhimin, a convicted fraudster who laundered over £5 billion in Bitcoin through a Chinese Ponzi scheme, has been sentenced to 11 years and 8 months in prison. […]
Re7 Labs Leverages Legal Expertise in Asset Recovery Dispute
Re7 Labs has engaged legal counsel from Pillsbury Winthrop Shaw Pittman to investigate and provide strategic advice regarding asset recovery efforts. The decision follows several unsuccessful attempts to […]
South Korea’s Struggle to Restitute Victims of Crypto Crime: The Volatility Hurdle
The volatile nature of cryptocurrency assets poses a significant challenge for South Korean prosecutors seeking to provide restitution to victims of criminal activity involving digital currencies. As the […]
Chainalysis Identifies Massive Untapped Funds in Crypto: $75B Tied to Illicit Activity
A recent study by Chainalysis reveals a staggering $75 billion hidden within the cryptocurrency ecosystem – funds linked to illicit activity. The report highlights Bitcoin as the dominant […]
Can $75 Billion in Cryptocurrency Be Recovered?
New research suggests that governments worldwide may already possess access to a significant amount of cryptocurrency tied to illicit activities. This revelation could profoundly impact future discussions regarding […]
UK Establishes New Role for Cryptocurrency Expert in a Bid to Recover Assets
The UK Insolvency Service has taken an innovative step towards enhancing its asset recovery capabilities by appointing its first cryptocurrency specialist. This move comes as digital assets, including […]
UK Appoints First Crypto Specialist to Focus on Asset Recovery
The UK has appointed its first crypto specialist for asset recovery, recognizing the growing role of digital assets in financial insolvency cases. Andrew Small brings his expertise from […]
FTX Liquidator Sells Anysphere Stake, Missing $499.8M Valuation Opportunity
FTX liquidators recently sold their stake in Anysphere, a company valued at $500 million after a $200,000 sale. This follows Anysphere’s recent surge to a valuation of $9 […]
FTX Lawsuit Targets NFT Stars and Kurosemi for Missing Crypto Assets
FTX is pursuing legal action against two companies, NFT Stars Limited and Kurosemi Inc., in a U.S. bankruptcy court over the non-delivery of crypto assets as per contractual […]
FTX Takes Legal Action Against NFT Issuers, Seeking Recovery of Missing Assets
FTX has filed lawsuits against NFT Stars and Delysium, alleging these companies failed to deliver promised tokens critical for asset recovery efforts. These legal actions are part of […]
FTX Lawsuits Target NFT Stars and Kurosemi for Asset Recovery
FTX, the bankrupt cryptocurrency exchange, is taking legal action against NFT Stars and Kurosemi, blockchain firms that allegedly owe them assets under pre-bankruptcy agreements. FTX filed lawsuits in […]
FTX Lawsuit Targets Token Issuers for Asset Recovery
FTX has initiated legal action against NFT Stars Limited and KUROSEMI INC., seeking the recovery of owed tokens as part of its ongoing efforts to recover assets following […]
Coinbase Unveils Expanded Asset Recovery Tool for Solana-based Tokens
Coinbase has significantly expanded its asset recovery tool, now providing support for Solana-based tokens, offering a more streamlined method for users to reclaim mistakenly sent tokens. This new […]
London Launches New Program to Compensate Fraud Victims
London law enforcement officials are launching a new initiative to help victims of fraud regain financial losses. This program, in collaboration with international law firm Gowling WLG, aims […]
UK Police Partner with Law Firm for Asset Recovery Program Following Crypto Fraud Seizure
The UK police have joined forces with law firm Gowling WLG to launch a new asset recovery program following successful seizure of illicit funds. This initiative, driven by […]