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.

Dutch Financial Regulator Warns of Crypto Pump-and-Dump Risks Ahead of New EU Rules

The Dutch Authority for the Financial Markets (AFM) has warned of the risks of “pump and dump” schemes in the cryptocurrency sector ahead of the introduction of new rules.

29.09.2024 16:00 1 min. read Alexander Zdravkov

Crypto Whale Loses $32 Million in Shocking Scam

A significant crypto incident has led to the loss of over $32 million in tokens after a whale mistakenly executed a malicious transaction, according to blockchain security firm ScamSniffer.

29.09.2024 13:00 1 min. read Alexander Stefanov

Over $6 Million in Crypto Seized from Southeast Asia Scammers

Authorities recently confiscated over $6 million in cryptocurrency linked to scammers based in Southeast Asia who targeted U.S. citizens with fraudulent investment schemes.

29.09.2024 12:00 2 min. read Kosta Gushterov

FBI Investigates LA Sheriff’s Extortion Scheme Linked to Crypto Theft

Executive Adam Iza connected to the Zort platform, is facing serious allegations of running an extortion operation involving officials from the Los Angeles County Sheriff’s Department (LASD), according to the FBI.

28.09.2024 22:00 1 min. read Kosta Gushterov

Crypto Platform Loses $2 Million in Hack and Offers Job to Thief

A recent security breach at the crypto liquid restaking platform Bedrock resulted in a loss of around $2 million due to a smart contract vulnerability in its uniBTC vaults.

28.09.2024 14:00 1 min. read Alexander Stefanov

Tornado Cash Co-Founder to Stand Trial as Judge Rejects Dismissal Plea

A U.S. federal judge has ruled that Roman Storm, co-founder of Tornado Cash, will face trial as his motions to dismiss the charges and compel discovery were denied.

28.09.2024 8:30 1 min. read Alexander Stefanov

BREAKING: Binance Co-Founder Changpeng Zhao Officially Released From Prison

Binance co-founder Changpeng Zhao, commonly known as “CZ” in the crypto community, was released from prison on Friday, September 27, after serving a four-month sentence for inadequate anti-money laundering (AML) compliance.

27.09.2024 23:47 1 min. read Alexander Zdravkov