Crypto Crime News

Explore the darker side of the crypto industry. Everything from fraudulent initial public offerings and lawsuits to hacks, dark market deals, thefts and kidnappings.

AI Expected to Transform Blockchain Crime Detection in Five Years

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.

20.09.2024 17:30 1min. read Alexander Stefanov

Germany Shuts Down 47 Crypto Exchanges, Targets Cybercriminals

Germany has shut down 47 cryptocurrency exchanges, accusing them of enabling cybercriminals to launder money by ignoring anti-money laundering regulations.

20.09.2024 14:00 1min. read Alexander Stefanov

WazirX Hack Sees $12 Million in Stolen Ethereum Laundered

In the wake of the $230 million hack at Indian crypto exchange WazirX, the attackers have moved another $12 million worth of Ethereum.

20.09.2024 12:00 1min. read Alexander Stefanov

Russian Man Arrested for Treason Over Crypto Payments to Ukraine’s Military

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.

20.09.2024 9:30 1min. read Alexander Stefanov

Hackers Swipe $243 Million in Crypto Heist

In a dramatic crypto heist, three hackers executed a scheme that defrauded a single victim of $243 million on August 19, 2024.

20.09.2024 9:00 2min. read Alexander Stefanov

Crypto Platform Suspends Operations After Wallet Breach Reports

The Block reports that the Banana Gun team is currently investigating reports of a user wallet breach and has temporarily shut down the platform.

19.09.2024 22:00 1min. read Alexander Stefanov

SEC Charges Company Over $1B Crypto Fraud

The U.S. Securities and Exchange Commission (SEC) has initiated legal action against Rari Capital, a decentralized finance platform, and its founders.

19.09.2024 11:30 1min. read Alexander Stefanov