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Dutch Police Arrest Alleged Tornado Cash Dev, More Arrests 'Not Ruled Out': Financial Crimes Unit
A suspected developer of Ethereum mixing service Tornado Cash has been arrested in the Netherlands.
$33 Million Cryptocurrency Seizes UK's National Crime Agency
The British Nationwide Crime Company (NCA) printed its 2021-22 annual report this week. The NCA “leads the UK’s combat to cut back critical and arranged crime, defending the general public by focusing on and prosecuting these criminals who pose the best danger to the UK”, its website states. The report particulars that between April 1, 2021, and March 31, 2022, the NCA seized belongings price £59.79 million, indicating. Property seized within the NCA’s possession as at 31 March 2022 consisted of £59.79m… in money, motor autos and different valuables suspected to be derived from prison exercise. The NCA also noted in the report that “Criminals increasingly exploited financial technology and crypto assets” that could harm “the U.K.’s economy and institutions.” Morgan Heavener, a partner at consultancy Accuracy, commented: “The NCA has been forced to move swiftly to try and stem the use of these cryptocurrencies in financial crimes. The lack of regulatory oversight around cryptocurrencies makes them attractive for criminals seeking to move funds around the world.” The NCA further noted that the assets seized included cryptocurrencies worth £26.894 million ($32.75 million). However, the agency made no mention of which cryptocurrency it seized. In the report, the NCA also stated that criminals are increasingly leveraging financial technology and crypto assets to undermine the UK economy and institutions. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
FBI warns investors, financial institutions about crypto cyber crime: report
The FBI has identified 244 victims of crypto-related cybercrime since the end of December, with an estimated loss of $42.7 million. The post FBI warns investors, financial institutions about crypto cyber crime: report appeared first on The Block.
Specialized Investigation Unit For Crypto Crimes Launched by Brazil
The unit will alert and educate users about the dangers of using digital assets. Meinberg did not reveal the number
North Korea Ranks Top in Crypto Crime as per Recent Report
The research implies that all assaults from the DPRK are state-sponsored. DPRK’s hackers targeted one site, particularly Bithumb. There have
North Korea Is Among World’s Top 5 Crypto Crime Locations
State-backed crimes were conducted by 7000 hackers and reached $1.59 billion in estimated value. Continue reading North Korea Is Among World’s Top 5 Crypto Crime Locations at DailyCoin.com.
$1.59B In Stolen Funds In North Korea, Leading The World For Crypto-Related Cybercrime
With $1.59 billion in stolen crypto funds, North Korea heads the world as being the top location for cyberattacks and stealing of funds in crypto. What Happened: A recent report by Coincub revealed that North Korea has experienced 15 large-scale cybercrime incidents involving crypto, causing over $1.59 billion in stolen funds. These exploits are a result of a network of 7,000 hackers, constituting hacker collectives, such as Lazarus, and individual smaller-scale hackers. Following North Korea, the United States has experienced 14 incidents of crypto crime. Russia, with $1.4 billion in stolen funds and dozens of malware exploits, comes third in the list of countries experiencing crypto-related cybercrime. Also Read: Snoop Dogg: Crypto Crash 'Weeded Out' Everyone Who Wasn't Supposed To Be There However, the report notes that only 0.15% of cryptocurrency transactions pertain to malicious activities, such as exploits and cybercrimes. Thus, despite the recent bearish downtrend of the crypto market, as the sector continues to grow, regulations to oversee cryptocurrency and transactions may help reduce the number of crypto-related cybercrime incidents. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
North Korea Sets Record in World Crypto Crime Scene, Coincub Says
CoinCub reported that North Korea has set a world record in the crypto hack scene. North Korea’s crypto business is ...Read More...
Anonymous Sends a Message to Terra’s Do Kwon: More Crimes Will Be Revealed
Anonymous hactivist group in their newest video addressed founder of Terra Ecosystem Do Kwon. Continue reading Anonymous Sends a Message to Terra’s Do Kwon: More Crimes Will Be Revealed at DailyCoin.com.
Do Kwon Receives Threats for his ‘Crimes’ From Anonymous’ Video
Hacktivist group pledged to bring Terra founder Do Kwon’s crime to light. The group demanded imprisonment for Kwon, citing his ...Read More...
Elon Musk’s Favorite DOGE Is Used for Crime, Reveals Newest Elliptic Report
A recent report by Elliptic revealed DOGE was used for thefts, scams, Ponzi schemes, and even terrorism and child sexual abuse material. Continue reading Elon Musk’s Favorite DOGE Is Used for Crime, Reveals Newest Elliptic Report at DailyCoin.com.