Authorities in China have reportedly emptied and sealed up offices belonging to GXChain, a 2017 ICO startup whose token once reached a market cap of over $600 million.
The United States Department of Justice on Thursday announced charges against Hugh Brian Haney, a resident Columbus Ohio who allegedly made $19 million from the sale of narcotics on dark web market place, Silk Road.
A group of three masked men failed to succeed after attempting to rob a Birmingham-based Bitcoin ATM according to a Daily Mail report, today July 18.
Europol said in a Wednesday press release that it has finally arrested six people (five men and one woman) alleged to be behind a €24 million (appr. $27 million) cryptocurrency theft.
Authorities in India are reportedly in a hunt for Divyesh Darji, the alleged founder of the Regal Coin cryptocurrency that defrauded investors during the ICO boom in 2017.
The Australian Federal Police (AFP) confirmed in a May 21 press release that an unnamed 33-year-old man who formerly worked as an IT contractor for the government is set to appear before the Sydney Local Court today.
According to a Wednesday press release by the Manhattan District Attorney’s Office, Callaway Crain, and Mark Sanchez, both New York residents pleaded guilty to selling controlled substances and laundering the proceeds through Bitcoin and Western Union payments.
Jared Rice, the founder of the AriseBank Coin, has pleaded guilty to one count of securities fraud before a Federal Court in Dallas, implying that he lied to investors to collect around $4.2 million worth of cash and cryptocurrencies in a fake ICO.
The level of security offered by new crypto exchanges has once again been called into question after South-Korean based Coinbin said in an announcement that it was going offline because of “increased debt” and “government regulation.”
Maksim Zaslavskiy, the mastermind behind the first case of fraudulent ICO in the U.S has told a court in the Eastern District of New York (Brooklyn), that he is guilty of the offense.
The U.S Securities and Exchanges Commission has charged and heavily fined, Zachary Coburn, for setting up a digital trading platform that allows traders to buy and sell tokens that have been marked as 'securities’ by the regulators.
The arrest of 11 suspects has now been confirmed by the Cybercrime Department of the Turkish National Police. According to the Turkish Corps who carried out the operations claims that the victims hacked several crypto accounts and made away with Bitcoin with $80,000. The news confirms what earlier reported was on Friday, Nov. 2. By Hürriyet, a major Turkish newspaper.