Latest News and Articles about Crypto Crime
BIS Proposes Crypto Compliance Scores to Combat Illicit Finance: Innovation or Intrusion?
BIS Unveils Crypto Compliance Scores to Tackle Illicit Finance: Innovation or Overreach? The Bank for International Settlements (BIS), a coalition of the world’s central banks, has dropped a bombshell proposal to curb money laundering in the crypto space by assigning compliance scores to digital assets. Released on August 23, this plan aims to leverage blockchain’s […]
Read MoreInterpol’s Serengeti 2.0: 1,209 Arrests in $97M Crypto Crime Crackdown
Interpol’s Operation Serengeti 2.0: A Brutal Crackdown on Crypto Crime with 1,209 Arrests Interpol has unleashed a powerful strike against the seedy underbelly of cryptocurrency exploitation, arresting over 1,200 individuals in a sweeping cybercrime operation. Dubbed Operation Serengeti 2.0, this three-month campaign from June to August 2025 spanned 18 African countries and the United Kingdom, […]
Read MoreT3 FCU Launches T3+ with Binance, Freezes $250M in Illicit Crypto Assets
T3 Financial Crime Unit Launches T3+ Program with Binance, Freezes Over $250M in Illicit Assets The crypto world just got a heavyweight enforcer. On August 12, 2025, in Singapore, the T3 Financial Crime Unit (T3 FCU)—a powerhouse trio of TRON, Tether, and TRM Labs—unveiled the T3+ global collaborator program, with Binance stepping up as its […]
Read MoreHuione to Tudou Guarantee: Crypto Crime Adapts Despite US Crackdowns
Huione to Tudou Guarantee: Crypto Crime’s Relentless Evolution The shadowy underbelly of the cryptocurrency world has once again proven its resilience, as Huione Guarantee and Xinbi Guarantee, platforms notorious for facilitating illicit transactions, have shifted operations to Tudou Guarantee following a US-led crackdown and Telegram bans. This latest move by the Cambodia-based Huione Group exposes […]
Read MoreGoogle Sues BadBox 2.0: Massive Botnet Threat with Crypto Crime Links Exposed
Google Sues BadBox 2.0: A Colossal Botnet Threat with Crypto Crime Shadows Google has fired a legal broadside against the operators of BadBox 2.0, a botnet infecting over 10 million Android devices worldwide and dubbed the largest of its kind targeting internet-connected TVs. This isn’t just a cybersecurity spat—it’s a high-stakes clash exposing the underbelly […]
Read MoreSweden’s Crypto Clampdown: Seizures Surge as Bitcoin Reserve Proposal Sparks Debate
Sweden’s Crypto Crackdown: Justice Minister Demands More Seizures as National Bitcoin Reserve Idea Gains Traction Sweden is swinging a heavy hammer at cryptocurrency, with Justice Minister Gunnar Strömmer pushing for aggressive asset seizures under tough new laws, while a surprising proposal to build a national Bitcoin reserve with confiscated funds sparks debate. As criminal use […]
Read MoreCrypto Crime 2024: TRM Labs Reveals Record Lows and Rising AI Threats
Crypto Crime in 2024: TRM Labs Report Busts Myths with Hard Numbers Think cryptocurrency is a haven for criminals? Think again. The 2024 annual report from blockchain intelligence firm TRM Labs delivers a reality check, revealing that illicit activity in the crypto space is shrinking dramatically—even as the market balloons to unprecedented heights. But before […]
Read MoreAustralian Federal Police Seize $4.5M in Bitcoin and Luxury Assets from Crypto Crime
Luxury Seized: Bitcoin From Exchange Hack Triggers Aussie Mansion Bust Shane Stephen Duffy’s life of luxury came crashing down when the Australian Federal Police (AFP) seized nearly 25 Bitcoin, a waterfront mansion, and a Mercedes-Benz valued at over AUD 4.5 million. This dramatic seizure highlights the growing challenges of cryptocurrency-related crime and the legal mechanisms […]
Read MoreTelegram Shuts Down $27B Haowang Guarantee, Yet Dark Markets Thrive
Telegram Crackdown Halts $27B Haowang Guarantee, Dark Markets Persist Telegram’s aggressive move against Haowang Guarantee, a notorious dark market, underscores the relentless battle against cryptocurrency crime. Despite this, the landscape remains challenging as other illicit marketplaces continue to thrive. Haowang Guarantee shut down after Telegram’s intervention $27 billion in USDT transactions processed Over 30 similar […]
Read MoreSouth Korea’s JIU Becomes Permanent Crypto Crime Unit
South Korea’s JIU: A Permanent Force Against Crypto Crime South Korean prosecutors are set to make the Joint Investigation Unit (JIU) for Virtual Asset Crimes a permanent fixture in their fight against crypto-related crimes, transitioning from a temporary task force to a full-fledged department. JIU to become permanent crypto crime unit in South Korea Originally […]
Read MoreStablecoins Dominate Crypto Crime in 2024, Surpassing Bitcoin
Stablecoins: The New Frontier of Crypto Crime in 2024 In 2024, stablecoins have emerged as the preferred tool for criminals in the crypto space, overtaking even Bitcoin. These cryptocurrencies, designed to mirror the stability of traditional currencies like the US dollar, are now the go-to for illegal activities. But what drives this shift? Stablecoins involved […]
Read MorePhuket Assault: Thai Police Hunt Russian Duo Over $20K Crypto Theft
Thai Police Hunt Russian Suspects in $20K Crypto Dispute Assault On January 5, 2025, a violent assault over a cryptocurrency dispute rocked Phuket, Thailand, leaving Mr. Zelimkhan with a $20,000 loss in cash. Thai police are now on a manhunt for two Russian nationals, Andrei and Dmitri, who orchestrated the attack. This incident is a […]
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