Prominent entities implicated as whistleblowers lift lid on Terra scandal

Twitter user @FatManTerra dropped a bombshell on May 23, alleging that the events at Terra LUNA were a criminal act orchestrated by key industry figures and entities. The post Prominent entities implicated as whistleblowers lift lid on Terra scandal appeared first on CryptoSlate. дальше »

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US Treasury Official Warns Crypto Industry to Proactively Sanction 'Problematic' Wallets

Alessio Evangelista, the associate director for Enforcement at the Financial Crimes Enforcement Network (FinCEN) said “too often” crypto service providers have opted to keep their head in the sand about blatantly suspect wallets “right up until the day of an OFAC designation or criminal indictment.” дальше »

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US Justice Department Executes First Criminal Crypto Charge

The US Justice Department has laid an iron hand on an undisclosed American citizen who has sent roughly $10 million worth of digital coins to a location sanctioned by the Office of Foreign Assets Control (OFAC). дальше »

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US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions

An unnamed individual allegedly sent more than $10 million in Bitcoin to an exchange in a country for which the U.S. currently imposes sanctions. дальше »

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U.S. Department of Justice Lays First Criminal Crypto Sanctions Charge

The U.S. Justice Department has opened its first criminal case of sanctions evasion using cryptocurrencies, according to a federal judge. The post U.S. Department of Justice Lays First Criminal Crypto Sanctions Charge appeared first on BeInCrypto. дальше »

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Finland Plans to Donate Seized Bitcoins to Help Ukraine: Report

The bitcoin seized in various criminal investigations and donated could be worth as much as $77 million, according to the report. дальше »

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How Uniswap Will Block Wallets Connected To “Clearly Illegal” Activities

The company behind the development of the popular automated market maker (AMM), Uniswap Labs updated its policy regarding blocking wallets from accessing the decentralized application (dApp). Per an official post, Uniswap’s front end will be blocked to users associated with criminal activities. дальше »

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Monero’s crypto of choice as ransomware ‘double extortion’ attacks increase 500%

A surge in ransomware in 2021 has also resulted in a surge in Monero usage as the method of payment, as more criminal groups want only XMR. дальше »

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German authorities shut down world’s largest darknet market Hydra

Germany’s Central Office for Combating Cybercrime (ZIT) and the Federal Criminal Police Office (BKA) have successfully seized the server infrastructure of the world’s largest illegal darknet marketplace Hydra. дальше »

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Bank of England Head Says Crypto Is "New Front Line" for Criminal Scams

Bank of England Governor Andrew Bailey has sounded alarm over the growing popularity of cryptocurrencies among scam actors дальше »

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Digital Wallet Protector's NFTs are live bringing spiritual protection to the blockchain

In 2021, cryptocurrency addresses associated with criminal activities accumulated over $14 billion, according to Chainalysis, a blockchain data and analytics platform. The booming cryptocurrency spaceThe post Digital Wallet Protector's NFTs are live bringing spiritual protection to the blockchain appeared first on AMBCrypto. дальше »

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Facebook sued in Australia for fake crypto ads

A few weeks ago, Australia’s richest man, Andrew Forrest, was forced to file criminal charges against Meta for allowing crypto scam ads with his name and age. The post Facebook sued in Australia for fake crypto ads appeared first on CryptoSlate. дальше »

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Is Bitcoin A Tool For Criminals? Drug Cartels Prefer Banks

A report from The International Narcotics Control Board (INCB) shows that bitcoin is not the preferred method for drug cartels and other criminal groups to launder money, they rather use banks. This opposes the widespread narrative that claims the digital coin creates the opportunity for crime. дальше »

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US and EU double down on measures against Russia potentially using crypto to evade sanctions

"The use of cryptoassets to circumvent economic sanctions is a criminal offence,” said U.K. regulators.

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Justin Sun Denies Facing Criminal Charges in Response to The Verge Article

Justin Sun has denied “false” accusations in a report published by The Verge, which alleged that the controversial entrepreneur could be potentially facing a litany of criminal charges дальше »

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Coinbase Conforms To Sanctions, Blocks 25,000 ‘Illicit’ Russian Crypto Wallet Addresses

Coinbase, the largest cryptocurrency exchange in the United States, announced Monday that it had blocked more than 25,000 cryptocurrency wallet addresses associated with Russian persons or businesses suspected of engaging in criminal behavior. дальше »

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Accused Bitfinex Launderer Heather Morgan Might Be Offered a Plea Deal

At Morgan’s arraignment on Monday, prosecutors told a D.C. judge that they’re in talks with the defense to find a “resolution” to the criminal case that would see Morgan avoid trial. дальше »

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China’s Supreme Court declares crypto transactions as ‘illegal fundraising’

The court’s verdict makes use of virtual assets criminal and stipulates heavy prison sentences… The post China’s Supreme Court declares crypto transactions as ‘illegal fundraising’ appeared first on Coin Journal. дальше »

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Investments And Transactions Using Cryptocurrencies And Digital Assets Are Not Criminal – U.S. Secret Service

The U. S. Secret service has launched a cryptocurrency awareness hub that seeks to educate the public about digital assets and cryptocurrencies, in a bid to avert the risks associated with the nascent sector. дальше »

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Credit Suisse data leak reveals decades of shady clients and activity

Swiss bank secrecy laws have protected Credit Suisse from having to disclose whether it was banking criminal activity, which is a far cry from the transparency blockchain technology offers. дальше »

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Criminal Whales Hold More Than $25 Billion Worth of Crypto

Addresses that are related to various illicit activities surged in 2021 дальше »

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Criminal Crypto Wallet Balances Tripled In 2021, Says Chainalysis

Criminal activity has always been linked with crypto by governments and individuals who would rather see the assets banned. Despite widespread beliefs that only criminals use crypto, it is still significantly less than the criminal activity related to fiat currencies, with sources saying only about 1% of cryptocurrencies are used by criminals. Nevertheless, this does […] дальше »

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Chainalysіs: более 4000 «криминальных китов» владеют криптовалютой на $25 млрд

Почти 4% «китовых балансов» контролируют преступники. Согласно новому отчету аналитической компании Chainalysis, эти кошельки удерживают криптовалюту стоимостью свыше $25 млрд. How much cryptocurrency do cybercriminals currently hold? Read our research on criminal balances and criminal whales to find out. дальше »

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4% of crypto whales are criminals, and they hold $25B among them: Chainalysis

The report defines criminal whales as private wallets that hold more than $1 million worth of crypto, with more than 10% of their balances coming from illicit addresses. дальше »

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Report: With over $11 billion in criminal crypto wallets, here's how the future looks

News related to cryptocurrency crime has been in abundance for a while, often starving the industry of its legitimacy. However, the same technology also lends it credence due to the accessibility of wThe post Report: With over $11 billion in criminal crypto wallets, here's how the future looks appeared first on AMBCrypto. дальше »

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Russian government and central bank agree to treat Bitcoin as currency

Cryptocurrency transactions of more than 600,000 rubles (roughly $8,000) will have to be declared; otherwise, it could be considered a criminal act. дальше »

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China pilots nationwide blockchain development over real-world use cases

Some of the key areas of blockchain development include manufacturing, energy, government data sharing and services, law enforcement, taxation, criminal trials, inspection, and cross-border finance. дальше »

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Nouriel Roubini Says El Salvador President Should Be Impeached Over Bitcoin

Nobel Prize laureate Nouriel Roubini has slammed Nayib Bukele as “a criminal president” дальше »

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The biggest security breaches of 2021

According to on-chain analytics firm Chainalysis, the volume of criminal cryptocurrency transactions in 2021 peaked at a new all-time high – $14 billion. The post The biggest security breaches of 2021 appeared first on CryptoSlate. дальше »

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Russia: Authorities crack down upon hackers' group 'REvil', seizes $5.5 million

The Federal Security Service of the Russian Federation along with the Investigation Department of the Ministry of Internal Affairs has reportedly shut down an "organized criminal community." It notThe post Russia: Authorities crack down upon hackers' group 'REvil', seizes $5.5 million appeared first on AMBCrypto. дальше »

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Pakistan to investigate Binance for multi-million dollar crypto scam

The federal agency of Pakistan started a criminal investigation after receiving numerous complaints against an ongoing scam that involved misleading investors into sending funds from Binance wallets to unknown third-party wallets. дальше »

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Op-ed: The myth of cryptocurrency crime

One of the most pernicious myths about crypto is that they are widely adopted for criminal use.

The post Op-ed: The myth of cryptocurrency crime appeared first on CryptoSlate.

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Binance takes the lead in curbing criminal activities associated with crypto

Since the 18th century, humankind has witnessed revolutions that have forever changed the world, for the better. The closest revolution we have witnessed is the advent of the Internet, the influence oThe post Binance takes the lead in curbing criminal activities associated with crypto appeared first on AMBCrypto. дальше »

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Russia drafts legal framework for confiscation of illicit Bitcoin

The Russian Attorney General’s Office (Genprokuratura) is actively working on a swathe of new amendments to criminal law that would allow law enforcement agencies to legally confiscate illicitly gained Bitcoin (BTC) and other cryptocurrencies, attorney general Igor Krasnov revealed to RIA Novosti today. дальше »

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Crypto tumblers, exchanges under microscope as DOJ launches new task force

Under the pretext of holding corrupt actors accountable, the new task force will address crimes related to the criminal misuse of cryptocurrency. дальше »

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South Korean regulator proposes strict new rules for token issuers

The FSC wishes to establish a system that would recover illegally gained funds, dole out criminal punishments, and protect investors from future malfeasance. дальше »

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Over $10 Billion Has Been Lost To DeFi Exploits In 2021

Decentralized finance (DeFi) platforms have been the target of criminal attacks this year. Investors in the blockchain-based form of finance have lost billions of dollars to criminals that target the platforms. дальше »

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IRS Seized Crypto Worth $3.5 Billion This Year, Predicts Even More In 2022

The United States Internal Revenue Service (IRS) on Thursday published its annual Criminal Investigation (CI) report. During the fiscal year of 2021, the agency reported that it seized $3. 5 billion worth of crypto. дальше »

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'Criminal felony statute' in U.S. infrastructure bill could 'freeze healthy crypto behavior'

The U. S. House of Representatives has passed the $1 trillion infrastructure bill, which has divided policymakers and industry stakeholders across the country. What's left now is for President Biden toThe post 'Criminal felony statute' in U. дальше »

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Bloomberg names Federation Tower in Moscow City as headquarters of cybercriminals

Bloomberg published an investigation into the role of the Federation Tower in the Russian and global cryptoindustry. As the journalists found out that about fifty crypto exchangers since 2018 have been located in the building, four of which are involved in criminal investigations in the United States. дальше »

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Binance Blocks Colombian Users Over Dutch Police Investigation

After a criminal investigation from Dutch authorities, Binance blocked 20 Colombian users of access to their accounts. The post Binance Blocks Colombian Users Over Dutch Police Investigation appeared first on BeInCrypto. дальше »

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U.S. Department of Justice Establishes Cryptocurrency Enforcement Team

The Deputy Attorney General of the United States revealed that the Justice Department created a National Cryptocurrency Enforcement Team (NCET), to combat the illicit use of cryptocurrency for criminal activities. дальше »

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DOJ Establishes National Cryptocurrency Enforcement Team

US Deputy Attorney General Lisa Monaco announced new enforcement initiatives targeting crypto contractors who fail to report cyber breaches ‘because cryptocurrency is used in a wide variety of criminal activity. дальше »

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U.S. Department Of Justice Announces Launch Of National Cryptocurrency Enforcement Team

The U. S. Department of Justice has announced the launch of a National Cryptocurrency Enforcement Team (NCET). This team would handle investigations and prosecutions of criminal misuses of cryptocurrency. дальше »

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Binance Teamed Up With US Law Enforcement, Took Down Suspected Money Launderers

The story Binance is trying to sell sure is juicy. A little too convenient, considering the year the company’s had, but hey… Binance is be facing criminal investigations in the US, the UK, and Japan among others. дальше »

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US sanctions crypto exchange over links to ransomware attacks

The sanctions are part of the government's fight against a spike in criminal activities… The post US sanctions crypto exchange over links to ransomware attacks appeared first on Coin Journal. дальше »

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Binance Tightens KYC Policy to Appease Regulators

As a global cryptocurrency exchange facing increasing scrutiny from regulators, Binance has introduced a user verification policy for asset and institutional protection from criminal activity. The post Binance Tightens KYC Policy to Appease Regulators appeared first on BeInCrypto. дальше »

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Catch 22 Situation Has Swedish Goverment Reimbursing Bitcoin To Criminal

At its low in 2020, Bitcoin traded a little under $4,000. Since then, the first cryptocurrency by market cap has seen a rally that has pushed its price to an all-time high at $64,000 for a staggering 300% profit in that period. дальше »

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Largest Crypto Seizure In Australia: Police Seize $6M Worth Of Digital Currency

The percentage of illegal crypto transactions, according to this Chainalysis report, is about 2% of total transactions. Although the majority of cryptocurrency transactions is not illegal, it is increasingly being used for criminal activities. дальше »

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Russia Developing Tool to Monitor Crypto Wallets Tied to Criminal Activity

Russia has begun to build a cryptocurrency tracking tool aimed at combating illegal activity on the blockchain. The post Russia Developing Tool to Monitor Crypto Wallets Tied to Criminal Activity appeared first on BeInCrypto. дальше »

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