Crypto Crime News

Shan Hanes, the former CEO of Heartland Tri-State Bank (HTSB), has been implicated in a major fraud scheme involving cryptocurrency, resulting in the bank’s collapse.

In a dramatic development highlighting the extent of cryptocurrency fraud, Shailesh Babulal Bhatt from Gujarat, India, has been detained for his involvement in the kidnapping of two individuals linked to Satish Kumbhani, the founder of the notorious BitConnect platform.

Australia’s financial regulator, ASIC, has dismantled over 600 crypto scams in the past year, highlighting the evolving use of AI by fraudsters.

A Nigerian court has issued a freeze on nearly $38 million in cryptocurrency out of a total $50 million that was allegedly donated to support protests against the country’s rising living expenses.

A New Zealand judge has ruled that Kim Dotcom, the creator of Megaupload and the failed Bitcache crypto platform, will be extradited to the United States, 12 years after his arrest.

French authorities have arrested several individuals linked to the June 13 cyberattack on the Holograph protocol.

A recent report shows a decline in overall illegal cryptocurrency transactions in 2024, but highlights an increase in certain types of crypto crime.