Crime

UK Announces ‘Dirty Money’ Crackdown, Including Tougher Crypto Regime

| Daniel Palmer

The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.

shadow, keyboard

Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing

| Daniel Palmer

After a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it's discovered that another $2.3 million is missing. 

Police in Spain Say Bitcoin ATMs Expose Problems in Europe’s AML Laws

| Diana Aguilar

Spanish police authorities are raising the alarm because a recent criminal case involved the use of bitcoin ATMs, making their jobs more difficult.

Scammer Taunts Couple Who Lost Thousands in Bitcoin Fraud

| Daniel Palmer

An Australian couple lost over AU$20,000 in a bitcoin scam, and were even taunted by the perpetrator over their losses.

bankruptcy

Irish Crypto Exchange Bitsane May Have Disappeared With Users’ Funds

| Daniel Palmer

Irish cryptocurrency exchange Bitsane may have done a runner with users' funds, according to a report.

Singapore Exchange Bitrue Hacked for Over $4 Million in Crypto

| Daniel Palmer

Bitrue was hacked early Thursday morning for over $4 million in XRP and cardano. Users who experienced losses will be refunded, it says.

Six Arrested Over Cloned Crypto Exchange That Stole €24 Million

| Daniel Palmer

Europol and police agencies have busted a cloned exchange operation that stole over $27 million in bitcoin from thousands of victims.

facebook, bitcoin

There’s a Second Token: A Breakdown of Facebook’s Crypto Economy

| Marc Hochstein

In addition to the Libra coin, Facebook's newly unveiled crypto project also involves a "Libra investment token."

Russian Hackers May Have Carried Out Largest Ever Crypto Exchange Theft

| Daniel Palmer

Russian hackers, not North Korean, may be the bad actors behind probably the biggest ever theft from a cryptocurrency exchange.

gavel, court

It’s FATF’s Way or the Highway for Crypto Exchanges. That’s a Big Mistake

| Serhii Mokhniev

The crypto industry can fight money launderers effectively, but not the way FATF wants it to, a CEX.IO compliance officer writes.