Crypto Crime News

Malaysian authorities have uncovered a staggering case of electricity theft amounting to $725 million by illegal Bitcoin miners between 2018 and 2023.

The US Department of Justice announced that BitMEX has pleaded guilty to violating the Bank Secrecy Act due to operating without a sufficient AML program from 2015 to 2020.

A former spa worker from New York faces charges related to an alleged murder-for-bitcoin plot involving threats to dismember a victim and solicit a neighbor’s help in disposing of a body.

Bitwise Asset Management faces a lawsuit from Vandelay Industries on behalf of a family, accusing the company of financial misconduct and seeking $2 million in damages.

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.