Crypto drainers, such as Inferno Drainer, are feeling pressure from law enforcement as ties to high-profile attacks are discovered.
Seized cryptocurrency is stored, auctioned, and redistributed by law enforcement after confiscation.
A German man accused of a $150M crypto fraud is on the run in the US after tampering with his ankle monitor. An active manhunt is underway.
Australian Federal Police cracked the seed phrase of a suspect's crypto account related to an organized crime messaging app.
Tether enhances law enforcement support by freezing nearly $14 million from confidence scams.
Tether assists Dutch and U.S. authorities in seizing $7.8M in crypto from suspected money laundering exchanges.
Truflation, a blockchain-based inflation data platform, reported a malware attack resulting in an estimated loss of $5 million. No customer or staking funds were affected. The TRUF token price fell 15.6% post-announcement. Truflation is collaborating with industry partners and law enforcement to resolve the issue.
Russian police shut down a $2.2M crypto exchange disguised as a travel agency, highlighting the rise of crypto-related crimes.
Telegram updated its policy to share user data, like phone numbers and IP addresses, with law enforcement upon valid requests.
Telegram will now share user data with authorities to combat crime after CEO Pavel Durov's arrest.
German authorities have shut down 47 unlicensed cryptocurrency exchanges as part of a crackdown on crypto crime involving various law enforcement agencies.
German authorities seized 47 cryptocurrency exchanges used for money laundering. The exchanges allowed anonymous transactions, facilitating criminal activities. User and transaction data from the seized platforms will aid future investigations. No arrests reported yet, but exchange operators face potential imprisonment. Seized exchanges include Xchange.cash with over 410,000 users and 1,280,000 transactions.
Over 600 Bitcoin ATMs have gone offline globally in the past two months due to law enforcement actions against machines frequently involved in extortion and scams.
Ukrainian police arrested four men for posing as fake cops and extorting $250,000 in USDT from an entrepreneur. They threatened the victim with false charges, leading to the transfer of funds. Police seized evidence, including fake IDs.
Tether is implementing measures to fight crypto crime as blockchain analytics play a growing role in law enforcement, marking a significant shift in combating crypto-related crime.
German authorities seized $279,000 in a crackdown on unauthorized Bitcoin ATMs, shutting down 13 machines.
German authorities seized $28 million and 13 crypto ATMs in a major crackdown on unapproved bitcoin ATM operators across 35 locations.
The idea of the two senators is to combat crimes related to cryptocurrencies.
How DePin Networks can decentralize law enforcement by using community-owned radar arrays and acoustic networks to triangulate active shooters.
South Korean police have arrested 19 people involved in a 'crypto reading room' scam, defrauding over 300 investors of $19 million.
Web3 gaming project Gala Games suffered a security breach with a compromised address minting 5 billion GALA tokens worth $200M. The wallet is frozen and law enforcement is involved.
The U.S. law enforcement arrested two individuals for running a $73M cryptocurrency scam, involving the laundering of millions through U.S. bank accounts.
Binance's research team played a crucial role in capturing a suspect from the ZKasino cryptocurrency scam, demonstrating corporate influence in law enforcement in the crypto industry.
Binance's research team assisted law enforcement in arresting a suspect involved in a cryptocurrency fraud related to a fraudulent gambling operation on the blockchain.
Dutch officials have arrested a suspect linked to the ZKasino internet gambling platform fraud, seizing assets worth around 11.4 million euros.
South Korea is making its temporary crypto crime unit permanent to address the rise in cryptocurrency-related criminal activities.
South Korea is intensifying its efforts to curb crypto crimes by setting up a dedicated law enforcement unit and enacting comprehensive cryptocurrency regulations, effective July 2024.
The UK has enacted a law allowing law enforcement to seize, freeze, and destroy cryptocurrency assets, enhancing their powers against crypto-related crimes. Police can now seize crypto without an arrest, and victims can apply for fund release.
Armenian law enforcement officials have received training to effectively investigate crypto-related crimes, utilizing new techniques and tools.
Thailand's authorities are set to block access to 'unauthorized' cryptocurrency platforms as a measure to enhance law enforcement's efficiency in tackling online crime.
Chinese fraud victims are seeking help from their government to recover 61,000 BTC, worth $6 billion, seized by UK law enforcement from a fraudster. They oppose the UK government claiming ownership.
Crypto investigator ZachXBT claims to face 'harassment' from US law enforcement amidst efforts to make the digital asset space secure by tracking scams and hacks.
