Crime

Cybercriminals Selling Hacked Fiat Money for Bitcoin at 10% of Its Value

| Daniel Palmer

Dark market sellers are offering fiat cash for bitcoin at heavily discounted prices, but there's a catch.

Mt.-Gox-bitcoin-Mark-Karpeles1

$2 Billion Lost in Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims

| Anna Baydakova

A Russian law firm says it can help Mt Gox creditors recover up to $2 billion worth of bitcoins stolen in the 2014 hack.

Netki Retools Digital ID Service for FATF’s New Crypto ‘Travel Rule’

| Nathan DiCamillo

Nekti has upgraded its digital ID service to help crypto firms meet the FATF's tough new standards for combating money laundering. 

Thai Gang Member Arrested Over Alleged $16 Million Crypto Fraud

| Daniel Palmer

A Thai man has been arrested for alleged involvement in a crypto crime ring that fleeced investors for 500 million baht.

Crypto Sleuthing Firm Elliptic Raises $23 Million in Fundraise Led by SBI

| Ian Allison

Blockchain forensics firm Elliptic has raised $23 million in Series B round led by Tokyo-based financial institution (and XRP holder) SBI.

North Korea Denies It Hacked $2 Billion in Fiat and Crypto

| Daniel Palmer

North Korea has denied a recent U.N. report suggesting it was behind major hacks that reaped around $2 billion for its weapons programs.

25-Year-Old Bitcoin Seller Faces Life Sentence for Unlicensed Exchange

| Wolfie Zhao

A man from Los Angeles agrees to plead guilty to charge for running an unlicensed crypto exchange without an effective AML program.

In Palestine, Civilians Are Using Bitcoin More Than Hamas

| Leigh Cuen

Terrorists are using bitcoin, but they aren't the only ones. Here's the real story about bitcoin usage in Palestine.

Cryptopia Exchange Kept Users’ Cryptos in Pooled Wallet: Liquidator

| Daniel Palmer

The liquidator for the collapsed Cryptopia exchange says the way the platform was managed is slowing up the task of determining user holdings.

handcuffs, drugs

Dark Web Drug Dealer to Forfeit Millions in Illicit Crypto Earnings

| Daniel Palmer

A man has been sentenced in San Diego, California, for conspiring to sell opioids and other drugs over dark web markets for cryptocurrencies.