Crypto Crime News

In a significant crackdown, Thai authorities have confiscated nearly 1,000 Bitcoin mining devices from a company accused of illegally tapping into the local power grid.

A young male citizen of the Netherlands has been arrested after allegedly defrauding over 300 people out of millions of euros.

OKX, a popular cryptocurrency exchange, has issued a warning regarding fraudulent browser extensions that have appeared in the Firefox plugin store.

Recently, a Pakistani cryptocurrency trader, was kidnapped by a group involving law enforcement officers and held for ransom.

A UK court has ordered the seizure of approximately $4.3 million in Bitcoin from Alexander Surin, a notorious crime boss known as “Don Car-Leone,” after he failed to demonstrate that the crypto assets were acquired through legitimate means.

In 2024, Kazakhstan intensified its efforts to tackle money laundering by shutting down 36 illegal cryptocurrency exchanges, a sharp decline of 96% compared to the previous year.

Indian crypto exchange CoinSwitch has launched a ₹600 crore ($69.9 million) recovery fund to assist users impacted by the July 2024 WazirX security breach.