Crypto Crime News

A former compliance officer at Crypto.com, registered in Malta as Foris Dax MT Limited, faces serious charges of extortion and money laundering.

Artur Schaback, co-founder and former CTO of Paxful, faces up to five years in prison after admitting to failing to implement essential Anti-Money Laundering (AML) protocols at the cryptocurrency exchange.

Several Coinbase users recently fell victim to scams involving impersonators posing as Coinbase representatives, resulting in significant losses.

William Lonergan Hill, co-founder of Samourai Wallet, has been granted bail after being arrested in April for money laundering and operating an unlicensed money transmitting business. The specific terms of his bail are still under negotiation.

Cybersecurity firm SlowMist reports that the Ethereum ecosystem has lost $400 million to exploits so far this year, amid a 50% rise in crypto hacking incidents.

Northern Data, a company with stakes in both cryptocurrency and AI infrastructure, is currently facing a lawsuit filed in California by former executives Joshua Porter and Gulsen Kama.

Sam “SBF” Bankman-Fried, founder of the defunct FTX crypto exchange, is embroiled in a financial scandal involving over $100 million in misused company assets for political contributions.