Latest News and Articles about Crypto Crime
Australian 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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