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India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional…
The Seoul Metropolitan Police Agency’s Financial Crimes Investigation Unit has reportedly apprehended 14 individuals involved in a $12.8 million (16 billion won) crypto mining scam. The operation’s ringleader, a man…
In recent months, a troubling trend has emerged in the world of crypto crime. According to the latest Chainalysis report shared with CryptoPotato, there has been a significant increase in…
According to an exclusive report from South Korean news outlet Digital Asset, Hugo Hyungsoo Lee, the CEO of crypto asset management platform Haru Invest, was assaulted during an August 28…
Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. This achievement highlights…
Bitcoin has remained the most used cryptocurrency by criminals, even with the rise of privacy coins like Monero. According to the recent Europol Internet Organized Crime Threat Assessment report, financial…
In Tseung Kwan O, Hong Kong, a 3-year-old boy was abducted from a shopping mall on July 3. Following the incident, the kidnappers demanded a ransom of 660,000 USDT, which…
Two individuals were detained and questioned by the UK Metropolitan Police and the Financial Conduct Authority (FCA) for allegedly running an illegal cryptocurrency operation exceeding 1 billion British pounds ($1.2…
A recent report from blockchain intelligence firm Elliptic titled “AI-enabled crime in the cryptoasset ecosystem” has shed light on the emerging threats posed by artificial intelligence (AI) in cryptocurrency crime.…
Former FTX executive Ryan Salame was sentenced to seven and a half years in prison by Judge Lewis Kaplan of the U.S. District Court for the Southern District of New…