Crypto firms collaborated with APAC-based law enforcement to freeze $46.9 million in USDT related to a "pig butchering" scam.
The Solana Policy Institute has donated $500,000 to the legal defense of Tornado Cash software developers Roman Storm and Alexey Pertsev.
Authorities across Africa arrested more than 1,200 suspects and seized nearly $100 million in a sweeping cybercrime operation that dismantled online fraud networks and illegal crypto mining operations, INTERPOL announced on Aug. 22. The three-month crackdown, known as Operation Serengeti 2.0, targeted nearly 88,000 victims across 18 African nations in collaboration with the UK. Investigators […]
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Apple has released iOS 18.6.2 and iPadOS 18.6.2 along with macOS Sequoia 15.6.1, Sonoma 14.7.8, and Ventura 13.7.8 to fix a zero-day in the ImageIO framework that was exploited in the wild. Per Apple, processing a malicious image could corrupt memory, enabling code execution, and the company is aware of a report of use in […]
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The suspects allegedly operated under the guise of BitShine, which had passed Financial Supervisory Commission checks.
"Writing code" is not a crime, said one of the Justice Department's top leads in its criminal division on Thursday.
US Representative David Schweikert has introduced legislation granting the President authority to act against crypto criminals operating abroad. The bill, filed as House Resolution (H.R. 4988), invokes the rarely used concept of “letters of marque and reprisal,” which is a legal instrument dating back to maritime warfare. Historically, such letters authorized privateers to attack and […]
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A New York man and his "Ponzi" firm were ordered to pay over $228 million following accusations that he solicited people to trade assets.
The U.S. Justice Department authorized the seizure of more than $2.8 million in cryptocurrency, cash, and other assets from a suspected ransomware operator, according to an Aug. 14 announcement. Federal prosecutors unsealed six warrants tied to Ianis Aleksandrovich Antropenko, charging him with conspiring to commit computer fraud and abuse, committing computer fraud and abuse, and […]
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The U.S. Treasury’s Office of Foreign Assets Control sanctioned multiple companies and individuals accused of using stablecoins to help Russia skirt international sanctions tied to its war in Ukraine on Aug. 14. The designations target both Russian-linked businesses and foreign intermediaries alleged to have facilitated large-scale cross-border transactions for sanctioned entities. The move highlights OFAC’s […]
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The Justice Department unsealed warrants allowing the seizure of $2.8 million in cryptocurrency from a wallet.
Turkish crypto exchange BtcTurk has been targeted by a major cyberattack, which resulted in the theft of roughly $48 million in digital assets. On Aug. 14, blockchain security firm Cyvers reported that the stolen funds were moved across multiple networks, including Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, and Polygon. Most of the assets were transferred […]
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Blockchain investigator ZachXBT exposed a sophisticated North Korean IT worker operation that infiltrates Western technology companies through remote development positions. In an Aug. 13 report, the investigator highlighted that an unnamed source compromised a device belonging to one of five DPRK IT workers, providing unprecedented access to their operational methods. The team systematically purchased fake […]
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Kwon was criminally charged in March 2023 with conspiracy to defraud, commodities fraud, wire fraud, and securities fraud, among others.
Terraform Labs co-founder Do Kwon will plead guilty on Aug. 12 at 10:30 am ET in federal court. As Inner City Press reported, Judge Paul Engelmayer filed a docket order on August 11. The guilty plea represents a shift from Kwon’s previous trial defense strategy in the high-profile crypto fraud case. The change comes months […]
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Terraforn Labs co-founder Do Kwon plans to plead guilty years after U.S. prosecutors charged him with fraud and money laundering.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
In 2023, Roman Storm was charged with conspiracy to commit money laundering and sanctions violations for operating Tornado Cash.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Bitcoin art world has suffered a blow as the enigmatic statue of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, has vanished from its current home in Lugano, Switzerland. The Satoshigallery, which curated and displayed the piece, has announced a reward of 0.1 BTC to anyone who can help recover the stolen statue, further deepening the mystery […]
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A software engineer working for CoinDCX has been arrested for alleged involvement in the breach after hackers allegedly exploited his credentials to siphon funds to six wallets.
The developers behind Samourai Wallet pleaded guilty to a single count of conspiracy to operate an unlicensed money‑transmitting business. The plea deal secures dismissal of the parallel money laundering conspiracy charge and caps potential prison time at five years. It also includes $237 million in forfeiture and a $400,000 fine. As journalist Matthew Russell Lee […]
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While Telegram banned Huione and Xinbi Guarantee channels amid pressure from blockchain intelligence firms and U.S. regulators, the broader ecosystem is beginning to bounce back.
The court said Andrade misrepresented AML Bitcoin's technology and business potential to defraud investors of over $10 million.
Samourai Wallet co-founders have changed their pleas after pleading not guilty last year to charges related to their mixer service.
Authorities in Beijing’s Haidian District have reportedly uncovered a Bitcoin laundering operation involving approximately 140 million yuan (around $20 million) allegedly stolen by employees of Kuaishou, a leading Chinese short-form video platform. The investigation revealed that several Kuaishou employees conspired with external parties to embezzle company funds for business development incentives. Under the platform’s subsidy […]
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U.S. prosecutors are seeking to retrieve $7.1 million worth of cryptocurrency tied to an oil and gas investment scheme.
Lawyers for Tornado Cash co-founder Roman Storm are reportedly weighing a potential mistrial following concerns about a witness's account.
Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Crypto crime is on the rise. From the first epic hack of mighty Mt. Gox to the intricate OneCoin scam orchestrated by nefarious Bulgarian […]
The post The many faces of crypto crime and the relentless cat-and-mouse chase appeared first on CryptoSlate.
The crypto industry is on track to witness record-breaking thefts in 2025, with over $2.17 billion already stolen from crypto services as of mid-July, according to a new report from Chainalysis. This figure surpasses the total amount stolen in all of 2024 and suggests a troubling upward trend in digital asset crime. A significant portion […]
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