Explore the darker side of the crypto industry. Everything from fraudulent initial public offerings and lawsuits to hacks, dark market deals, thefts and kidnappings.
In the next five years, government prosecutors and tax agencies are expected to utilize artificial intelligence to analyze blockchain data for crime detection, according to Chainalysis CEO Michael Gronager.
Germany has shut down 47 cryptocurrency exchanges, accusing them of enabling cybercriminals to launder money by ignoring anti-money laundering regulations.
In the wake of the $230 million hack at Indian crypto exchange WazirX, the attackers have moved another $12 million worth of Ethereum.
In Komsomolsk-on-Amur, a city in Russia’s Far East, an unnamed individual has been detained on charges of high treason for allegedly sending cryptocurrency to Ukraine’s military.
In a dramatic crypto heist, three hackers executed a scheme that defrauded a single victim of $243 million on August 19, 2024.
The Block reports that the Banana Gun team is currently investigating reports of a user wallet breach and has temporarily shut down the platform.
The U.S. Securities and Exchange Commission (SEC) has initiated legal action against Rari Capital, a decentralized finance platform, and its founders.