Tag Archives: Crime

With increasing cryptocurrency-related crimes in Hong Kong, Bitrace has ramped up its efforts to tackle the problem. The prominent data analysis company has reportedly conducted training sessions on on-chain fund tracking for members of the Hong Kong Police Force. Bitrace Bolsters Efforts to Combat Crypto Crimes The latest initiative is part of the company’s Corporate Social Responsibility efforts that aim to improve law enforcement’s understanding of blockchain technology,...

South Korea has witnessed a surge in crypto trading, particularly following a market recovery. Correspondingly, authorities in the country received almost 49% more alerts of potentially suspicious transactions from crypto service providers in 2023 compared to the previous year. A paper from the Financial Intelligence Unit (FIU) revealed that South Korea logged 16,076 instances of reported crypto transactions suspected of links to activities like money laundering, market...

In a shocking turn of events, a middle-aged Swedish couple fell victim to a violent home invasion orchestrated by a gang of masked men determined to steal their Bitcoin holdings. This incident, which unfolded earlier this week in the town of Rönninge, south of Stockholm, has highlighted the alarming trend of cryptocurrency-related robberies in Sweden. Sweden’s Rising Trend of Violent Bitcoin Robberies The robbery in Rönninge is described as a serious incident, with one victim...

Crypto crime was a big deal in 2022, and while we’re only a few weeks into 2023, it looks like the trend is continuing after a criminal gang crackdown that resulted in close to $2 million in assets – some of which were crypto units – being seized by law enforcement officials. Crypto Crime Takes on a New Form Two men have allegedly been arrested in New Zealand for taking part in various drug dealings. Police came barging into the home they were both living in and seized...

Four men in India have been indicted for potentially running a crypto scam. The individuals are believed to have promoted a fake loan-conversion firm that potentially secured online loans and converted them into digital assets like BTC. Four Men in India Indicted on Crypto Scam Charges Police authorities are working with the National Cybercrime Reporting Portal to obtain the data they need on the men. They are Deepak Patwa (23 years of age), Dev Kishan (32 years of age),...

Ein Teenager aus New York soll durch sogenanntes SIM-Swapping eine Million US-Dollar in Kryptowährungen gestohlen haben. Mit Hilfe des sogenannten „Sim-Karten-Swap“ soll der Jugendliche 75 Menschen betrogen und mehr als eine Million US-Dollar in Kryptowährungen erbeutet haben. Der 19-jährige Yousef Selassie soll sich gezielt wohlhabende Opfer gesucht und diese um ihre Krypto-Vorräte erleichtert haben....

Ein Teenager aus New York soll durch sogenanntes SIM-Swapping eine Million US-Dollar in Kryptowährungen gestohlen haben. Mit Hilfe des sogenannten „Sim-Karten-Swap“ soll der Jugendliche 75 Menschen betrogen und mehr als eine Million US-Dollar in Kryptowährungen erbeutet haben. Der 19-jährige Yousef Selassie soll sich gezielt wohlhabende Opfer gesucht und diese um ihre Krypto-Vorräte erleichtert haben....