Crypto Crime News

Chinese authorities have revealed that four former employees of the prominent cryptocurrency exchange Huobi were involved in a major theft of crypto assets.

The UK’s Financial Conduct Authority (FCA) has fined CB Payments Limited (CBPL), a subsidiary of Coinbase Group, $4.5 million for breaches of anti-money laundering rules.

A recent report by blockchain analytics firm Chainalysis highlights the growing role of cryptocurrency in funding online disinformation campaigns targeting elections.

On July 24, 2024, MonoSwap, a decentralized exchange and staking platform, revealed it had been hacked and advised users to withdraw their funds and avoid adding more.

Europol’s latest report reveals how criminals are increasingly using cryptocurrencies like stablecoins and Monero for illegal activities.

In a recent shocking development, it was reported that Jason Anderson, co-founder of the cryptocurrency company Debt Box, was kidnapped and over $400 million was stolen.

The crypto world is facing another crisis with a sharp increase in criminal activities. Recently, Indian crypto exchange WazirX was hacked, resulting in a loss of $230 million.