Day: 14 February 2024

Japan Urges Banks to Tighten Protections on Crypto Transactions Following Rise in Fraud Cases

Japan's Financial Services Agency (FSA) and the National Police Agency (NPA) have recommended measures to encourage mainstream banks to enhance customer protection, especially with transactions involving cryptocurrencies. In a press release published on February 14, 2024, the FSA emphasized the disturbingly high number of cases involving specialized fraud and noted ...

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Australian Police Officer Faces Trial for Alleged Theft of 81 BTC in Drug Trafficking Probe

An Australian police officer has been indicted and is currently undergoing court proceedings for stealing cryptocurrencies linked to a drug trafficking investigation, per local media reports. The accused cop, William Wheatley, allegedly stole 81.616 BTC from a crypto wallet identified during a joint investigation by the Australian law enforcement authorities ...

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