Crime News

A German man, Horst Jicha, is now a fugitive after skipping a $150 million cryptocurrency fraud hearing in New York. Jicha, 64, was under house arrest and out on a $5 million bond, but authorities suspect he tampered with his…

The U.S. Securities and Exchange Commission has filed charges against Cumberland DRW LLC for operating as an unregistered dealer. The SEC alleges that Cumberland, a Chicago-based crypto market maker, bought and sold over $2 billion in crypto assets, including those…

Six men operating under the name “Loverbois” have been convicted for laundering $15,000 to $50,000 in cryptocurrency in addition to selling nearly 12 kilograms of meth disguised as Adderall pills. The U.S. Attorney’s Office for the Southern District of Ohio…

Four cryptocurrency companies and 14 individuals have been charged in what U.S. prosecutors describe as the first criminal prosecution targeting market manipulation and sham trading in the crypto industry. The companies involved — Gotbit, ZM Quant, CLS Global, and MyTrade…

A U.S. government filing indicates Bitfinex could be the sole entity eligible for restitution from the massive 2016 Bitcoin theft. The filing by the U.S. government has confirmed that Bitfinex could be the sole victim eligible for restitution concerning the…

A recent United Nations report showed that criminal networks in Southeast Asia are increasingly using the messaging app Telegram to facilitate illicit activities, ranging from trading hacked data to laundering money through unlicensed cryptocurrency exchanges.  The UN Office for Drugs…

Vietnamese police have dismantled an international crypto fraud network, arresting multiple suspects for swindling billions of VND from Vietnamese citizens.  The operation, led by criminals working from the Laos’ Golden Triangle Special Economic Zone, involved scams enticing victims into fake…

Demonizing privacy coins undermines the core principles driving many web3 natives: The freedom of essential human rights, and privacy being one of them.

The Australian Federal Police’s Criminal Assets Confiscation Taskforce cracked a “seed phrase” linked to an account belonging to alleged creator of encrypted messaging app “Ghost,” which authorities claim is used for organized crime. According to the AFP press release, the…

Evan Frederick Light, 21, faces a maximum penalty of 20 years in prison after stealing $37 million worth of crypto from an investment holdings company located in Sioux Falls, South Dakota. The U.S Department of Justice stated in a press…

Crypto sleuth ZachXBT has exposed a British-based scammer responsible for $650,000 worth of crypto theft in the past year. As blockchain and cryptocurrency adoption expands globally, more users have entered the space searching for profits and quick investment returns. Scammers…

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…