Crime

Police Law Enforcement (King's Church International/Unsplash)

Policy

UK's FCA Flagged Some Crypto Firms Seeking Regulatory Approval to Law Enforcement

A number of those investigations into financial crime or "direct links to organized crime" are ongoing, an official at the Financial Conduct Authority said.

Police Law Enforcement (King's Church International/Unsplash)

By Camomile Shumba

Jan 27, 2023 at 11:53 a.m. UTC

Jan 27, 2023

RegulationsCryptoUKFCACrime

(niu niu/Unsplash)

Policy

UK Court Sentences 4 Men to 15 Years for $26M Crypto Fraud

The offenders used the internet to obtain millions, Jonathan Kelleher of the Crown Prosecution Service said.

(niu niu/Unsplash)

By Camomile Shumba

Jan 17, 2023 at 11:38 a.m. UTC

Jan 17, 2023

(Getty Images)

Policy

BitConnect’s Victims to Receive $17M in Restitution Seized From Scam’s Promoter

The money will be distributed to approximately 800 victims from over 40 different countries.

(Getty Images)

By Cheyenne Ligon

Jan 13, 2023 at 4:43 p.m. UTC

Jan 13, 2023

RegulationsBitconnectCrimePonziLegal

European authorities have busted a crypto fraud operation in Bulgaria, Cyprus and Serbia. (Shutterstock)

Policy

Multimillion Euro Crypto Fraud Operation in Bulgaria, Cyprus and Serbia Busted

Authorities searched four call centers and 18 other places and arrested five people.

European authorities have busted a crypto fraud operation in Bulgaria, Cyprus and Serbia. (Shutterstock)

By Jamie Crawley

Jan 13, 2023 at 12:47 p.m. UTC

Jan 13, 2023

CrimeScamsBulgariaCyprusSerbia

Brazilian flag flying over the downtown and waterfront of Salvador (Getty Images)

Policy

2 More Promoters of Forcount Crypto Ponzi Scheme Arrested, Charged With Fraud

One of the men charged, 64-year-old Spanish citizen Nestor Nunez, was allegedly an actor paid to present himself as the CEO of Forcount using the alias “Salvador Molina.”

Brazilian flag flying over the downtown and waterfront of Salvador (Getty Images)

By Cheyenne Ligon

Jan 6, 2023 at 10:38 p.m. UTC

Jan 6, 2023

RegulationsBrazilCrimePonzi scheme

Gary Harmon awash in a tub full of money. (U.S District Court for the District of Columbia)

Policy

Brother of Criminal Bitcoin Mixing CEO Pleads Guilty to Stealing 712 Bitcoins From IRS

Gary Harmon, brother of Helix CEO Larry Harmon, stole his brother’s forfeited crypto right out from under the IRS’ nose, and spent it extravagantly.

Gary Harmon awash in a tub full of money. (U.S District Court for the District of Columbia)

By Cheyenne Ligon

Jan 6, 2023 at 7:02 p.m. UTC

Jan 6, 2023

PolicyCrimeMixersUS

(Shutterstock)

Policy

Developer of ‘Mutant Ape Planet’ NFTs Arrested, Charged With Fraud for Alleged $2.9M Rug Pull

Twenty-four-year-old French citizen Aurelian Michel has been charged with fraud for his role in the alleged scheme.

(Shutterstock)

By Cheyenne Ligon

Jan 5, 2023 at 8:24 p.m. UTC

Jan 5, 2023

RegulationsCrimeBored Ape Yacht ClubWeb3

(Fabrizio Conti/Unsplash)

Finance

Buchanan ingersoll and rooney

Sam Bankman-Fried Faces ‘Tough Road,’ Legal Expert Says

It's going to be an uphill legal battle for the former FTX CEO, who pleaded not guilty to eight counts of criminal charges on Tuesday.

(Fabrizio Conti/Unsplash)

By Fran Velasquez

Jan 4, 2023 at 8:12 p.m. UTC

Jan 4, 2023

Buchanan ingersoll and rooneySam Bankman-FriedFTXCoinDesk TVCrime

The U.K.'s National Crime Agency is looking for a crypto investigator. (Dan Kitwood/Getty Images)

Policy

UK's Top Crime Agency Is Assembling Team of Crypto Experts

The National Crime Agency posted a job for "cryptocurrency investigator."

The U.K.'s National Crime Agency is looking for a crypto investigator. (Dan Kitwood/Getty Images)

By Sandali Handagama

Jan 4, 2023 at 12:16 p.m. UTC

Jan 4, 2023

RegulationsUKCrimeCrypto Fraud

(Shutterstock)

Finance

Authorities in Italy, Albania Bust $16M Suspected Crypto Investment Scam

Assets worth 3 million euros were seized during the action by a joint investigation team.

(Shutterstock)

By Jamie Crawley

Dec 23, 2022 at 10:58 a.m. UTC

Dec 23, 2022