Nigerian judge pushes Binance execs bail hearing to Oct. 9

Detained in Nigeria for more than six months and with reported health problems, Tigran Gambaryan awaits a judges decision following another bail application.

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Man pleads guilty in UKs first illegal crypto ATM conviction

Olumide Osunkoya pleaded guilty to FCA charges of illegal offer and use of cryptocurrency automated teller machines (ATMs). The 45-year old Osunkuya will be sentenced at a later date. Olumide Osunkoya has pleaded guilty to several charges involving the illegal operation of cryptocurrency automated teller machines in the UK. Osunkuya, 45, pleaded guilty when he […]

The post Man pleads guilty in UK’s first illegal crypto ATM conviction appeared first on CoinJournal.

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Penpie protocol exploited, suffers $27M loss

Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023. 

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FBI warns of North Korean social engineering schemes to steal crypto

DPRK scammers have been employing fake offers of employment and investment opportunities to trick crypto users into downloading malware.

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South Korea joins global crackdown on Telegram, cites deepfakes

South Korea has joined the growing list of global jurisdictions launching probes against Telegram over illicit content dissemination.

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Polymarket users complain of mysterious Google login wallet attacks

The attacker used a proxy function to swipe victims USDC balances, but only a small number of Google login users have been affected.

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User loses $32 million spWETH in a sophisticated phishing attack

According to crypto security firm Scam Sniffer, 9,145 users were victims of phishing attacks during August 2024, losing funds as a result.

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FBI seizes $6M from crypto scammers targeting US citizens

Tether said it aided in recovering the stolen crypto by freezing the scammers wallets, which the FBI then seized.  

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FBI charges Zort founder with bribing LA sheriffs to extort victims

Adam Iza, founder of crypto trading platform Zort, has been charged with bribing officials of the Los Angeles Sheriff’s Department (LASD) to help him extort, intimidate, and silence victims. He has also been charged with evading taxes. The 35-page affidavit of a Federal Bureau of Investigation (FBI) agent detailed corruption within the LASD, the use […]

The post FBI charges Zort founder with bribing LA sheriffs to extort victims appeared first on CryptoSlate.

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Judge rules Tornado Cash co-founder will face trial for money laundering

Roman Storm will face trial on Dec. 2 for alleged money laundering via Tornado Cash. The judge rejected Storm’s defence that his code was protected under the First Amendment. The prosecution must, however, prove Storm knew he dealt with proceeds of any crime, not specifics. Roman Storm, co-founder of the cryptocurrency mixing service Tornado Cash, […]

The post Judge rules Tornado Cash co-founder will face trial for money laundering appeared first on CoinJournal.

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US sanctions Russian crypto platforms for money laundering ties

Two crypto exchanges and two individuals have been sanctioned for ties to underground finance.

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German Authorities Disrupt 47 Russia-Centric No KYC Crypto Exchanges

The German Federal Criminal Police (BKA) has seized 47 Russian-language no-KYC crypto exchanges, highlighting their role in cybercrime and sanctions evasion. (Read More)

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TruFlation offers $500K bounty to recover funds stolen in hack

Truflation, a decentralized data company, has posted a $500,000 bounty following a $5 million hack on Sept. 25. The firm is offering a reward for returning the stolen funds or for identifying the hacker in a way that leads to a conviction. $5 million hack Truflation revealed in a Sept. 26 post that the attack […]

The post TruFlation offers $500K bounty to recover funds stolen in hack appeared first on CryptoSlate.

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Kosovo receives guidance from Council of Europe on crypto crime tracing

Kosovos Financial Intelligence Unit partners with the Council of Europe to improve crypto crime tracing skills and strengthen regulations on digital currencies.

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Hacker nearly completes laundering $230 million stolen from WazirX

The hacker responsible for stealing $230 million from WazirX in July has nearly finished laundering the funds, with just $6 million worth of Ethereum (ETH) left, based on Arkham Intelligence on-chain data. Most of the stolen assets were moved through Tornado Cash, a service known for obscuring digital transactions. Funds laundered The breach, which compromised […]

The post Hacker nearly completes laundering $230 million stolen from WazirX appeared first on CryptoSlate.

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Been scammed? Crypto crimestoppers claim to help get crypto back

Private investigation firm Lionsgate claims it can help recover stolen crypto when going straight to the police fails.

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Caroline Ellison sentenced to 24 months in prison for her role in FTX collapse

Caroline Ellison, the former chief executive of Alameda Research and ex-girlfriend of disgraced crypto entrepreneur Sam Bankman-Fried (SBF), received a two-year prison sentence and was ordered to forfeit $11 billion for her role in the collapse of FTX. The Sept. 24 court ruling comes despite Ellison’s request for no prison time on the basis that […]

The post Caroline Ellison sentenced to 24 months in prison for her role in FTX collapse appeared first on CryptoSlate.

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Caroline Ellison sentenced to 24 months in prison over FTX fraud

Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison. Ellison will also forfeit $11 billion Caroline Ellison, the former chief executive officer of Alameda Research, has been handed a 24-month prison sentence. Ellison, who pleaded guilty to charges related to her role in the collapse of crypto exchange FTX […]

The post Caroline Ellison sentenced to 24 months in prison over FTX fraud appeared first on CoinJournal.

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Sweden sees crypto exchanges as professional money launderers

Swedish authorities label certain cryptocurrency exchanges as key enablers of organized crime, highlighting four distinct money-laundering profiles.

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BingX confirms the resumption of withdrawal services following hack

Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.

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