Crime News

Binance founder and former CEO Changpeng Zhao has been released from prison two days early after a four-month sentence in the United States. The 47-year-old was initially scheduled to be released on Sept. 29, but due to the date falling…

The SEC has charged Mango DAO and Blockworks Foundation with the unregistered sale of ‘MNGO’ tokens and unregistered broker activity related to the Mango Markets platform. According to the SEC, Mango DAO, a decentralized autonomous organization, and Blockworks Foundation, a…

The US Department of Justice has seized domains linked to three crypto exchanges that have allegedly facilitated illicit transactions worth more than $800 million in relation to Russian money laundering operations. The US authorities obtained court authorization to seize the…

Leading cryptocurrency exchange, Binance, says it has helped India’s Enforcement Directorate recover $47.6 million in losses suffered by victims of a gaming scam involving the online gaming platform Fiewin. Binance, the world’s largest cryptocurrency exchange by trading volume, announced on…

Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison by District Judge Lewis A. Kaplan. Her involvement in the collapse of cryptocurrency exchange FTX and its affiliated hedge fund, Alameda Research, has been central…

Sean “Diddy” Combs and Sam Bankman-Fried, the former crypto executive, are now sharing the same jail housing unit at the Metropolitan Detention Center in Brooklyn. This news comes from sources and reported by NBC New York. Combs, a well-known music…

German authorities have taken down 47 cryptocurrency exchange services in a crackdown on illegal money laundering activities.  The Federal Criminal Police Office in Germany and the Central Office for Combating Internet Crime led the operation, which targeted platforms allowing users…

The U.S. Securities and Exchange Commission announced charges against decentralized finance platform Rari Capital and its co-founders, accusing them of misleading investors and acting as unregistered brokers.  According to an SEC release, the charges involve two blockchain-based investment platforms that,…

Binance founder Changpeng Zhao, commonly known as CZ, will be released from prison on Sept. 29. Zhao, 47, was sentenced to four months in prison for violations of U.S. anti-money laundering and sanctions regulations. He is currently being held at…

Crypto-related scams and fraud surged last year, with losses skyrocketing 45% in 2023 compared to the previous year, according to a new FBI report. As crypto gains popularity in the United States, it also brings a rise in crypto scams.…

Five U.S. states have settled with the owner and operators of an alleged $1 Billion cryptocurrency investment scheme.   The scheme, spearheaded by Josip Heit and his GSB Group, lured investors with promises of tokenized partial ownership in a skyscraper,…

Durov has spoken out for the first time following his arrest last week, defending the platform’s moderation efforts and criticizing authorities for targeting him personally over users’ illegal activities. Today, nearly a week after the CEO of Telegram, Pavel Durov,…

The U.S. Securities and Exchange Commission (SEC) has charged Florida-based Galois Capital with serious compliance failures and investor misrepresentation. The charges relate to the firm’s failure to adhere to required custody practices and misleading information about redemption policies. According to…

The FBI has issued a warning that North Korean hackers are aggressively targeting employees in the crypto and decentralized finance sectors to steal company funds. These cybercriminals use sophisticated social engineering strategies to deceive even technically proficient individuals. According to…

Scottish prosecutors have made legal history by using proceeds of crime legislation to convert crypto into physical cash. Scottish prosecutors used proceeds of crime legislation to seize £109,601 from John Ross Rennie by converting stolen crypto into physical cash, according…

North Korean hackers, known as Citrine Sleet, have exploited a severe zero-day vulnerability in the Chromium browser to attack crypto financial institutions. Citrine Sleet targeted financial institutions and crypto entities to steal digital assets. By creating fake crypto trading platforms,…