Binance has partnered with Indonesia’s law enforcement agencies to strengthen cybercrime enforcement and tackle financial crimes. The collaboration, which includes the Directorate of Cyber Crime (Bareskrim Polri), Cyber […]
South Korean Police Crackdown on Crypto Hacking Syndicate, Targeting Wealthy Individuals
The South Korean police have apprehended 16 individuals suspected of being part of a sophisticated crypto hacking ring that stole millions from the country’s wealthiest citizens. The operation […]
U.S. Banks Processed $312 Billion in Chinese Drug Funds, Raising Concerns About Money Laundering Networks
A recent report by the U.S. Financial Crimes Enforcement Network (FinCEN) has revealed that American banks processed a staggering $312 billion in suspicious transactions related to Chinese money […]
Arizona Lawmaker Introduces Bill Allowing Private Agents to Seize Crypto Funds
A new bill proposing to empower the US President to authorize private agents for enforcing crypto seizures has been introduced by Arizona Rep. David Schweikert. Dubbed the ‘Scam […]
U.S. Department of Justice Takes Action Against Hidden Crypto Laundering Scheme
The U.S. Justice Department has taken action against Iurii Gugnin, a Russian executive accused of laundering over half a billion dollars through US banks and cryptocurrency platforms. The […]
Crypto’s High Stakes: A Rise in Violent Crime Highlights Financial Security Risks
As cryptocurrency adoption gains momentum, a concerning trend emerges: the escalating threat of violent crime targeting crypto investors. Recent high-profile cases demonstrate this unsettling reality. 2025 saw the […]
Manhattan Man Arrested for Kidnapping and Torture Over Bitcoin
A shocking kidnapping case unfolded in Manhattan where a man was held hostage after being tricked into a meeting with the alleged kidnapper. According to Associated Press, John […]
Police Search For Woman Accused of $185K Bank Fraud
Authorities in Louisiana are seeking Tashiuntay Miles, accused of depositing $185,000 in fraudulent checks into her account at a local bank. The alleged fraud has not impacted cryptocurrency […]
$15 Million Crypto Laundering Operation Disrupted in Hong Kong
Hong Kong authorities have successfully dismantled a cross-border crypto laundering operation that allegedly processed over US$15 million in illicit funds. The takedown, led by the Commercial Crime Bureau, […]
Hong Kong Police Arrest 12 in $15M Crypto Laundering Case
Police have arrested 12 individuals suspected of laundering over $15 million through cryptocurrency exchange shops in Hong Kong. The operation involved local and mainland Chinese residents aged 20 […]
Argentina Investigates Crypto Fraud Linked to President Milei
Argentine authorities are investigating potential financial crimes linked to the cryptocurrency LIBRA, following its promotion by President Javier Milei earlier this year. Judge María Servini launched an investigation […]
Massive Crypto Heist: 12 Defendants Charged in $263 Million Scam
A sweeping cyber-enabled racketeering scheme has landed 12 defendants in legal trouble, accused of stealing over $263 million worth of cryptocurrency. The operation, believed to have begun in […]
Alex Mashinsky Sentenced to 12 Years in Jail Over Celsius Defraud
Ex-CEO Alex Mashinsky has been sentenced to 12 years in prison for defrauding thousands of customers with Celsius Network, a prominent crypto lender. The U.S. District Judge John […]
Crypto Heist Shocks South Korea: Four Arrested after $107K Robbery
A brazen robbery has shaken the community of Incheon, South Korea, following a planned exchange of cash for cryptocurrency. The incident involved four suspects apprehended by authorities, highlighting […]
Crypto’s Efficiency Fuels Rise in Criminal Use, Not Anonymity
A new Chainalysis report reveals that criminal groups are leveraging cryptocurrencies for their operational efficiency, not due to a desire for anonymity. Instead of using complex obfuscation techniques, […]