Crime
Chinese Authorities Arrest 93 for Crypto-Related Money Laundering
The suspects laundered as much as RMB 40 billion, according to Hengyang county police.
Utah Man Charged With 7 Felonies in Connection to Alleged $1.7M Crypto Mining Scam
The DOJ says James Wolfgramm gained the trust of his victims by flaunting images on his social media of digital wallets filled with millions of dollars of crypto, among other lures.
Why Russia Isn’t Relying on Crypto to Evade Sanctions
Yes, crypto has limitations. But the traditional banking system is a more attractive place for money laundering regardless.
ICO Promoter Ian Balina Charged With Violating Federal Securities Laws
The SEC says Balina failed to disclose his compensation for his promotion of SPRK tokens in 2018.
Electrum Bitcoin Wallet Scam Suspect Is Arrested by Dutch Police
The 39-year-old is suspected of laundering tens of millions of euros obtained from malicious software using decentralized exchange Bisq and privacy coin monero, police say.
Crypto Crime-Focused Justice Department Leader Leaving: Report
Nicholas Quaid, second-in-command in the criminal division, spent his nearly two-year stint at the DOJ developing the regime around crypto crime legislation and prosecution.
New French Bill Could Give Authorities Powers to Seize Crypto Assets
The country joins the U.K. in seeking to ensure authorities can get their hands on crypto linked to criminal activities.
Cash From 2021 DAO Maker Crypto Hack Being Mixed Through Tornado Cash
$500,000 worth of the dai stablecoin, stolen last year, is being sent through the notorious mixer.
Australian Federal Police Forms Cryptocurrency Unit to Tackle Money Laundering, Offshoring: Report
The unit was set up after the force's criminal asset confiscation command had seized more than $600 million from the proceeds of crime since its inception in February 2020.
Designer Drug Markets Get Boost From Crypto
Novel psychoactive chemicals with names like 2C-B, AMT and 5-MeO-DMT are freely available at online marketplaces and digital currencies help facilitate the global trade.
