Crypto Crime News

An acclaimed journalist recognized for exposing human trafficking and cryptocurrency scams in Cambodia has been detained by the country’s military police.

The Australian Federal Police (AFP) have seized $6.4 million in cryptocurrency linked to an international crime syndicate during Operation Kraken, resulting in the arrest of Jay Je Yoon Jung.

The third quarter of 2024 has seen a notable decline in the number of reported cryptocurrency hacks, yet the total value of stolen assets has surged.

A 21-year-old man has admitted guilt in a federal court to charges connected to a significant cryptocurrency theft exceeding $37 million, as announced by the U.S. Department of Justice (DOJ).

The U.S. Securities and Exchange Commission (SEC) achieved a legal victory against a company in connection with an initial coin offering (ICO) in 2017.

The cryptocurrency industry faces intensified legal scrutiny, with significant prison sentences handed down to prominent figures.

A 45-year-old man, Olumide Osunkoya, has admitted to unlawfully managing a network of cryptocurrency ATMs, making it the first conviction of its kind in the U.K., as announced by the Financial Conduct Authority (FCA) on Monday.