$2.6 Million in Unreported Income—Ex-Partner of Crypto Kingpin Faces Prison
A former girlfriend of a cryptocurrency fraudster, known in the industry as “The Godfather,” has admitted to a federal tax ...
Tag: Cybercrime
20% of Stolen Bybit Funds ‘Gone Dark,’ Says CEO—Here’s How
Bybit’s CEO, Ben Zhou, has provided updates on the recovery of funds stolen during a major hack on the exchange. ...
FBI Points to North Korean Hackers in $1.5 Billion Crypto Breach at Bybit
The Federal Bureau of Investigation has implicated North Korean-backed hacking groups in a major cryptocurrency heist involving $1.5 billion in ...
$5.7M Bybit Crypto Scam Lands Ex-Employee Nearly 10 Years in Prison—Details
A former payroll processing staff member at Bybit, Ho Kai Xin, has recently been sentenced to nine years and 11 ...
Crypto Exchanges Under Scrutiny as Canada Cracks Down On Drug-Related Money Laundering
Canada appears to be tightening its surveillance of cryptocurrency transactions as part of an ongoing effort to combat money laundering ...
Major Crypto Services Firm Admits to Wash Trading as Part of DOJ Settlement—Details
The United States Department of Justice (DoJ) has taken action against CLS Global FZC LLC, a cryptocurrency financial services firm ...
Vietnam Cracks Down on $1 Million Crypto Scam, Saving Hundreds from Financial Ruin
In a fortunate move, the Vietnamese authorities were able to successfully dismantle a large-scale cryptocurrency scam orchestrated by a company ...
Crypto Conman Sentenced: Investors Duped in $350K Scam—Here’s How
The US Department of Justice has announced the sentencing of Michael Joseph McElhiney, a Spokane resident, to over three years ...
