Crime News
Report Shows $33 Billion in Crypto ‘Money Laundering’ by Cybercriminals
New research by blockchain data firm Chainalysis shows there has been an estimated US$33 billion laundered through crypto in the past five y...
Aussie ‘Arbitrage King’ Claims Bullies Led Him to Commit $100+ Million Crypto Fraud
Australian-born former crypto hedge fund manager Stefan He Qin, who last weekend began his seven-and-a-half year sentence in a US federal pr...
Warning: New ‘BHUNT’ Malware Targets Crypto Wallets and Passwords
Research done by cybersecurity company Bitdefender has found a new kind of “cryptocurrency stealer” called BHUNT, a form of malw...
Report Shows North Korean Hackers Stole Nearly $400 Million in Crypto in 2021
North Korean hackers launched at least seven attacks against cryptocurrency platforms last year, netting almost US$400 million worth of digi...
Report: Crypto Crime Reached New Highs in 2021
In its annual Crypto Crime report, New York-based blockchain analytics firm Chainalysis has reported that although the percentage of illicit...
Australian Man Charged by SEC for Fraudulent ICO
Australian cryptocurrency entrepreneur Craig Sproule has been charged by the US Securities and Exchange Commission (SEC) for defrauding inve...
FBI Seizes $154 Million in Bitcoin Stolen from Sony by Rogue Employee
US law enforcement has taken legal action to seize and return over US$154 million embezzled from Sony Life Insurance Company Ltd by an emplo...
Russia Central Bank Moves to Ban Investment in Crypto
According to a report by Reuters, the Central Bank of the Russian Federation (CBR) is looking to ban crypto investments. In a directive issu...
Liquidators Fight to Recover $21 Million in Crypto from Melbourne Firm’s ‘Stolen Laptop’
Melbourne-based multinational bitcoin mining firm Blockchain Global Limited collapsed in October, owing more than A$20 million to investors....
Silk Road Founder Drops NFT, Causing a Stir Among Bitcoiners
Silk Road founder Ross Ulbricht, who was convicted six years ago on conspiracy charges of money laundering, computer hacking, fraud and drug...
Crypto Lender Celsius CFO Arrested on Charges of Money Laundering
Yaron Shalem, the chief financial officer of crypto lending firm Celsius, was arrested last week along with seven others in connection with ...
CBA’s Crypto Team to Help Track Down Money Launderers
Despite ongoing sentiment in traditional finance circles that crypto is the “Wild West”, Chainalysis, which recently partnered w...