Panic selling is crypto investors’ biggest mistake, new survey reveals
The importance of storage and passwords is best known by crypto enthusiasts who know how easy it is to lose access to their digital assets. A recent survey conducted by …
FBI joins Mirror Trading probe in Africa to help recover US investor funds
Investigations into the South African company Mirror Trading International (MTI) – widely seen as last year’s most ruinous Bitcoin (BTC) Ponzi scheme – are now engaging the United States Federal …
Anchorage Digital will custody crypto seized by US Marshals
Crypto custody bank Anchorage Digital will be providing digital asset services for the United States Marshals Service for seized funds related to federal crimes. In a Wednesday announcement from Anchorage, …
Bitmart seeks restraining order to prevent hackers from selling fake BSV
The owner of crypto exchange Bitmart has filed a bid for pre-arbitration injunctive relief to prevent Chinese hackers from making illicit transfers using fraudulent Bitcoin SV (BSV) on its platform. …
Malaysia is literally crushing thousands of illegal Bitcoin miners
Authorities in Malaysia destroyed more than $1.2 million worth of Bitcoin mining rigs after they were confiscated for operating illegally. In a video posted today from local news outlet DayakDaily, …
Japanese police arrest alleged masterminds behind $55M ‘AI-led‘ crypto scam
Four men have reportedly been arrested in Japan’s Aichi Prefecture for running an allegedly fraudulent crypto investment scheme that persuaded investors they could reap returns on the basis of an …
SEC charges individuals connected to former iced tea-turned-mining company
The U.S. Securities and Exchange Commission has filed charges against three people accused of insider trading with the Long Blockchain Company related to changing its name from the Long Island …
Your keys, his coins — Cryptopia employee admits to stealing $172K in crypto
A former employee of the now-defunct cryptocurrency exchange Cryptopia has pleaded guilty to the theft of roughly $172,000 in cryptocurrency he obtained by making a copy of users’ private keys. …
FinCEN lists cryptocurrencies as top AML and CFT priorities
The United States’ Financial Crimes Enforcement Network will continue to closely follow the cryptocurrency industry as one of its top priorities for combating crimes like money laundering. FinCEN officially announced …
Banning cryptocurrencies to counter crime is a nonsensical excuse
Numerous governments are attempting to ban cryptocurrencies, with recent examples from China, India, Turkey and Nigeria. The reason for doing so is simple: The decentralized nature of cryptocurrencies poses a …