The UK Court of Appeal has definitively dismissed Craig Wright’s latest attempt to assert himself as the creator of Bitcoin. The ruling, delivered on November 28, reaffirmed an earlier decision by the High Court, which found Wright’s evidence insufficient...
The Eurasian Group on Combating Money Laundering (EAG) has raised alarms over increasingly sophisticated money laundering operations in 2024, driven by the growing use of cryptocurrencies and multi-layered schemes. According to a report by Russia’s state-run news agency, the EAG,...
According to Bloomberg, a former executive at Binance has filed a lawsuit in the UK against the crypto exchange, alleging wrongful dismissal after she reported a colleague’s alleged attempt to solicit a bribe from a customer. Amrita Srivastava, a...
Blockchain investigator ZachXBT has accused former professional Fortnite player and cybersecurity analyst Serpent of being involved in a series of memecoin scams that reportedly stole over $3.5 million in a recent thread on X. Serpent, an Australian individual and...
Crypto fraud and scam activity tied to Japanese crypto exchanges declined substantially in the first half of 2024, according to a new report from Chainalysis. The blockchain analytics firm’s published data revealed a 69% decrease in Ethereum (ETH) transactions...
Digital currencies controlled by local governments in Japan are increasingly becoming targets for fraudsters, prompting investigative agencies to urge the implementation of more solid security measures. According to a report by the Japan Times, Police in Osaka recently apprehended...
Executives in the cryptocurrency sector are encountering a new scam where fraudsters impersonate Coinbase support and utilize leaked data for phishing attacks aimed at high-ranking individuals, claiming to earn five-figure weekly incomes. Nick Neuman, the CEO of Bitcoin self-custody...
Federal prosecutors in North Carolina are moving to confiscate nearly $5 million in Tether (USDT) recovered from unhosted wallets linked to a sophisticated cryptocurrency romance scam. The funds, seized under a search warrant in August, are currently held by...
Polter Finance, a lending and borrowing DeFi protocol, has joined forces with DeFi security group Security Alliance Information Sharing and Analysis Center (SEAL-ISAC) to trace and recover $12 million stolen in a recent flash loan attack. The platform announced...
In a recent joint effort, Binance and the Royal Malaysia Police were able to trace and recover a significant portion of a $4.5 million kidnapping ransom. The investigation led to the arrest of 14 suspects connected to the high-profile...
