CFTC struggling to police cryptocurrency fraud

Commodities Futures Trading (CFTC) commissioner Christy Goldsmith Romero acknowledged the overwhelming prevalence of cryptocurrency fraud during a recent white-collar crime conference. She revealed that cryptocurrency-related cases now constitute about 20% of the agency’s workload, citing recent civil actions against FTX… дальше »

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CFTC doesn’t have authority to regulate cash crypto markets, chairman says

Commodity Futures Trading Commission (CFTC) chairman Rostin Benham said on May 18 that his agency cannot regulate cash crypto markets. In an interview on Bloomberg’s Odd Lots podcast, Benham said: “[We] don’t have legal authority to police cash crypto markets. дальше »

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Montenegro court releases Terra founder Do Kwon on $436k bail

Terraform Labs founder Do Kwon and his former chief financial officer Han Chong-Joon have been granted bail by a court in Montenegro. According to media reports, the court decided to release Kwon and Han to house arrest under police supervision on… дальше »

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Philippine Police cracks latest crypto scam; 1,090 people rescued

Philippine Police rescued 1,090 persons who were trafficked into the country in connection with a cryptocurrency scam. According to CertiK, crypto-related exploits, hacks, and scams cost the inThe post Philippine Police cracks latest crypto scam; 1,090 people rescued appeared first on AMBCrypto. дальше »

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Philippine police release over 1,000 prisoners forced to perform crypto scams

Police in the Philippines have rescued 1,090 people forced to run online crypto scams in the Philippines. Tis comes at a time when fraudulent groups caused over $100 million in losses in April alone. дальше »

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UK’s FCA takes action against illegal crypto ATM operators

The U. K. Financial Conduct Authority (FCA) is cracking down on illegal crypto ATMs in the country, stating that they pose a money laundering threat. According to a May 5 statement, the regulator worked with regional police to inspect Exeter, Sheffield, and Nottingham sites. дальше »

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UK’s FCA Continues Crackdown on Unregistered Crypto ATMs

The regulator, alongwith the local police raided sites in Exeter, Nottingham and Sheffield, saying that the cash-to-crypto converters are unlawful and a money laundering threat. дальше »

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Spanish police dismantled a crypto scam organization that bagged over $110M

A resident of the Balearic Islands, an archipelago off eastern Spain, was arrested by the Spanish police on April 24 for scamming crypto investors across multiple countries. The arrest was made at the request of law enforcement authorities from different countries that were investigating five other people connected with the criminal organization. дальше »

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San Francisco authorities make arrest in stabbing of Cash App creator Bob Lee

Police chief Bill Scott said there was evidence that the suspect and Bob Lee knew each other but did not comment on the possible motive of the attack. дальше »

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Chainalysis and Calgary police launch cryptocurrency investigation center

Calgary’s police department has launched the Western Canada Cryptocurrency Investigations Centre in partnership with blockchain data firm Chainalysis. дальше »

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Singapore banks form new alliances for vetting crypto clients

Singapore banks are working with the country's Central Bank and police to develop a vetting process for crypto clients. The collaboration comes amid severe volatility in the crypto market folloThe post Singapore banks form new alliances for vetting crypto clients appeared first on AMBCrypto. дальше »

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Singapore to help banks set standards for vetting crypto businesses

Singapore’s central bank and the police are reportedly working on establishing guidelines that would help traditional financial institutions in the city-state to improve the process of accessing potential crypto clients. дальше »

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Singapore Working With Banks to Provide Guidance on Crypto Businesses: Bloomberg

Singapore's central bank and police authorities have been helping banks to set uniform standards for fine-tuning their vetting approach when opening crypto accounts. дальше »

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US police open investigation of MobileCoin exec murder

As of recent reports, MobileCoin's executive Bob Lee was discovered dead in San Francisco. According to police report, Lee died from a stabbing. дальше »

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Toronto Police Recover Bitcoin Funds, Victim of Crypto Scam Reimbursed

Toronto Police Service has successfully recovered and returned stolen Bitcoin funds to victim of cryptocurrency investment scam дальше »

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Criminal gang behind fake crypto wallets arrested in China

Shanxi police in China have arrested a criminal gang involved in manufacturing and distributing fake cryptocurrency wallets дальше »

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South Korea and the US seek extradition of Do Kwon

Do Kwon, the co-founder of Terraform Labs, who was detained by Montenegrin police, is wanted by the United States and South Korea. дальше »

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Do Kwon Now Faces Criminal Fraud Charges From U.S. Prosecutors

Federal prosecutors in New York charged Terraform Labs founder Do Kwon with fraud hours after he was arrested by police in Montenegro. дальше »

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The SEC’s Scattershot Approach Shows Its Weakness

By taking aim at high-profile targets including Coinbase, Justin Sun and Lindsey Lohan, the SEC showed it doesn’t have the resources to effectively police the crypto industry. дальше »

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Terra’s Do Kwon Arrested in Montenegro

Terra frontman Do Kwon was apprehended at Podgorica airport by Montenegrin police. He was previously believed to be hiding in Serbia. Six Months on the Run The law has finally... дальше »

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Terraform Labs’ Do Kwon allegedly arrested in Montenegro

Montenegrin police have detained “the most wanted fugitive in the world” — Do Kwon, a South Korean national, co-founder, and CEO of Terraform Labs based in Singapore. According to Filip Adzic, Montenegro’s interior minister, Kwon, responsible for over $40 billion… дальше »

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BREAKING: Luna Founder Do Kwon Reportedly Arrested In Montenegro

Per a report from Bankless, Terra (LUNA) co-founder Do Kwon was allegedly arrested in the region of Podgorica, Montenegro. South Korean authorities and the International Criminal Police Organization (Interpol) were on the hunt for Kwon for his alleged involvement in the collapse of the Terra ecosystem. дальше »

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Terraform Labs Chief Do Kwon Arrested by Police in Montenegro

Do Kwon, the co-founder and CEO of Terraform Labs, has reportedly been arrested by police at an airport in Montenegro. The post Terraform Labs Chief Do Kwon Arrested by Police in Montenegro appeared first on BeInCrypto. дальше »

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This Ukrainian Startup Is Looking to Automate Crypto Crime Reporting Using Smart Contracts, AI

HAPI Labs has launched a platform for reporting of scam- and crime-related addresses in partnership with Ukraine’s cyber police. дальше »

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Singapore Probes Do Kwon’s Terraform Labs Amid Claims of Laundering $100M Since the Project Collapsed

Singapore police have started investigating Terraform Labs, the company behind cryptocurrency Terra Luna Classic (LUNC) and Stablecoin Terra USD (UST), together with its founder, Do Hyeong Kwon, following the events that cost investors billions worth of losses. дальше »

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Singapore investigating Do Kwon’s Terraform Labs

Terraform Labs, the company co-founded by Do Kwon which is also behind the collapsed Terra ecosystem, is facing fresh investigations from the Singaporean police. дальше »

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Singapore Police Launch Probe into Terraform Labs and Its Fugitive Founder Do Kwon

Singapore Police have started an investigation into Terraform Labs and its founder, Do Kwon. But, the founder is on the run. The post Singapore Police Launch Probe into Terraform Labs and Its Fugitive Founder Do Kwon appeared first on BeInCrypto. дальше »

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Singapore Police Probing Do Kwon's Terraform Labs: Bloomberg

Singapore's police has confirmed Do Kwon is not in the city state. дальше »

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Terraform Labs co-founder Do Kwon gets probed by Singaporean authorities

Local police in Singapore sent an email on Monday saying they have begun a probe connected to Do Kwon’s Terraform Labs.

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DeFi to be examined at inaugural CFTC tech advisory meeting: Finance Redefined

French police arrested two individuals in connection with the Platypus exploit in the month of February.

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French Police Nab Suspects in $9M Platypus DeFi Exploit

French police confirmed in a tweet that two individuals suspected of being responsible for an attack on DeFi protocol Platypus were detained on Feb. 24. The post French Police Nab Suspects in $9M Platypus DeFi Exploit appeared first on BeInCrypto. дальше »

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French Police Arrest Duo Involved in Platypus Crypto Exploit

Flash loan exploit drained protocol of over $9 million in assets and knocked Platypus USD (USP) off its peg. дальше »

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Crypto lawyers flame Gensler over claims that all crypto are securities

Crypto lawyers weighed in on Gary Gensler’s crypto regulation claims, saying that the the Securities and Exchange Commission has no legal standing to police the space. дальше »

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French police arrest two suspects over Platypus Finance hack

Platypus Finance, a decentralized finance (DeFi) protocol for stablecoins, yesterday announced that french authorities had arrested and summoned two suspects who had reportedly exploited their platform earlier.  дальше »

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Authorities Uncover Crypto Mine Hidden Under A School

The police have moved to arrest a former Massachusetts state facility worker for allegedly stealing nearly $18,000 worth of electricity to run an illegal crypto-mining operation. According to reports, the accused, Nadeem Nahas, set up a secret crypto-mining facility inside Cohasset High School’s crawl space. дальше »

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North Korea's Crypto Heist Seized by Norwegian Police, How Did They Do It?

Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime has announced biggest cryptocurrency seizure in country's history дальше »

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Norway Recovers $5.9 Million Out of Axie Infinity Loot From Notorious ‘Lazarus Group’

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Norwegian police recover $5.9M stolen from Axie Infinity Ronin hack

The seized funds will be used to reimburse affected users and help prevent North Korea from funding its nuclear weapons program.

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Norway Police Seize $5.9M in Stolen Crypto From Axie Infinity Hackers 

Norway Police have recovered $5.9 million from the Axie Infinity hackers who stole $620 million in the Ronin Bridge exploit last year. The post Norway Police Seize $5.9M in Stolen Crypto From Axie Infinity Hackers  appeared first on BeInCrypto. дальше »

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Interpol Tackling Crime in the Metaverse

The International Criminal Police Organization is making serious efforts to educate its police force in the virtual realm. Interpol is stepping up its ability to utilize the metaverse to solve crime. дальше »

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Brazil unveils crypto legislation for police and tax authorities

Brazil’s federal prosecution office is set to roll out a roadmap of activities that will grant the nation’s prosecutors, courts, and police officers powers to prosecute offenders and confiscate crypto. дальше »

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Interpol investigating how to fight metaverse crimes

The International Criminal Police Organization (ICPO) has revealed that it’s investigating how to fight metaverse-related crimes effectively. дальше »

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Interpol wants to police metaverse crimes, reveals secretary general

According to Stock, criminals have started targeting users on platforms similar to the metaverse, adding that “we need to sufficiently respond to that.” дальше »

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Binance Teams Up With Hong Kong Police To Fight Crypto Crime

Hong Kong has taken its plans of becoming a crypto hub into a new dimension. The latest report says the world’s largest cryptocurrency exchange, Binance, is training the Hong Kong Police Force to fight crypto-related crimes. дальше »

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Binance aids Hong Kong police to fight cybercrime

Binance and the Cyber Security and Technology Crime Bureau (CSTCB) of the Hong Kong Police Force (HKPF), have concluded a 5-day training program dubbed Virtual Asset Investigation Course (VAIC). The program is designed to bolster law enforcement efforts against cybercrimes… дальше »

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Bitzlato CEO arrested by Spanish police: Report

Authorities seized an estimated $19.8 million worth of crypto, fiat and luxury goods from Bitzlato executives related to an ongoing money laundering investigation. дальше »

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Philippines securities regulator seeks more authority to police the crypto industry

The Filipino securities regulator is moving to enact tighter rules on crypto, crypto companies and other financial products using blockchain technology. дальше »

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White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation

Officials in the Biden administration urged Congress on Friday to expand the authority of regulators to police the crypto industry. дальше »

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Europol arrests 5 Bitzlato senior executives

European Union police agency (Europol) said it arrested five senior executives of the sanctioned Bitzlato exchange. The post Europol arrests 5 Bitzlato senior executives appeared first on CryptoSlate. дальше »

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Iran drops a blanket of restrictions on local crypto exchanges

Iranian Cyber Police, also known as FATA, has released a set of restrictions for the local cryptocurrency exchanges, according to Saeed Ghasemi, a crypto reporter at the Persian outlet MihanBlockchain. дальше »

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