Crypto Crime News

South Korea has confirmed that North Korea orchestrated the 2019 theft of 342,000 Ethereum (ETH) tokens from Upbit, initially worth $41.5 million and now valued at 1.47 trillion Won.

Yao Qian, a prominent figure in China’s blockchain and digital currency sector, has been expelled from the Communist Party of China and dismissed from his public office.

Five individuals have been charged by the U.S. Department of Justice (DOJ) in connection with a cybercrime operation that allegedly resulted in the theft of $6.3 million worth of cryptocurrency and unauthorized access to confidential corporate data.

Switzerland’s Financial Market Supervisory Authority (FINMA) has issued a stern warning about the growing threat of money laundering in the cryptocurrency industry.

On November 20, 2024, Zixiao “Gary” Wang, co-founder of FTX, became the final executive to receive a sentence related to the exchange’s notorious collapse in 2022.

Logan Paul, a popular social media figure, is under scrutiny for allegedly profiting from cryptocurrency promotions without revealing his financial ties, as reported by the BBC.

The founder of a cryptocurrency trading platform is under investigation by the FBI for allegedly using corrupt Los Angeles Sheriff’s Department (LASD) deputies to carry out a series of extortion and other criminal activities.