Crime

Japan to Hold First Ever Trial Over Crypto Hacking Losses

| Yogita Khatri

An 18-year-old Japanese youth has been sent to prosecutors in the country's first ever trial involving cryptocurrency cyber-theft.

Mark Karpeles

Mt. Gox’s Mark Karpeles Found Guilty Over Data Manipulation in Tokyo Court

| Yogita Khatri

Former Mt. Gox CEO Mark Karpeles was found innocent of embezzlement in a Tokyo court, but received a suspended sentence for manipulating data.

A Multibillion-Dollar Cryptocurrency Based on ‘Lies’: US Arrests Alleged OneCoin Leader

| Nikhilesh De

Konstantin Ignatov, one of the heads of the infamous OneCoin pyramid scheme, has been arrested on wire fraud charges.

North Korea Hacking Crypto Exchanges to Circumvent Sanctions: UN Panel

| Yogita Khatri

A U.N. Security Council panel has linked North Korea to millions lost in cryptocurrency hacks, Nikkei Asian Review reports.

Crypto Exchange WEX Linked to Iranian Ransomware Operators, Says PwC

| Yogita Khatri

Cryptocurrency exchange WEX, formerly called BTC-e, may have been used to launder illicit gains from the SamSam ransomware, according to PwC.

Crypto Money Laundering Reports Spiked in Japan Last Year, Police Say

| Yogita Khatri

Reports of suspicious cryptocurrency transactions in Japan soared last year, but were a tiny fraction of the overall total.

Hacked Exchange Cryptopia Discloses Estimate of Stolen Crypto

| Yogita Khatri

New Zealand-based cryptocurrency exchange Cryptopia has given an idea of the losses arising from a hack on its platform last month.

US Government Returns Bitcoins Retrieved Following 2016 Bitfinex Hack

| Daniel Palmer

Bitfinex has announced that 27 of the bitcoins stolen in a major 2016 hack have been returned after they were retrieved by the U.S. government.

FBI Seeking Potential Victims of BitConnect to Assist Investigation

| Yogita Khatri

The FBI is reaching out to those who invested in the now-worthless BCC token offered by the defunct crypto exchange BitConnect.

$430K in Confiscated Crypto to Be Sold Off by Irish Auction House

| Yogita Khatri

Cryptocurrencies seized by Belgian law enforcement from online drug dealers are set to be sold off by an Ireland-based auction house.