Crime News | Blockchain.News

CRIME

Norwegian Police Arrest Millionaire For Wife's Murder After Two-Year Goose Chase for Kidnappers Demanding $10M Monero Ransom
Crime

Norwegian Police Arrest Millionaire For Wife's Murder After Two-Year Goose Chase for Kidnappers Demanding $10M Monero Ransom

In October 2018, a Norwegian millionaire named Tom Hagen reported that his wife had been kidnapped and presented a ransom note to police that demanded $10 million worth of the privacy-centric cryptocurrency Monero.

Child Porn Darknet Sites Surge with Crypto-Payments as Korean Police Hunt "Nth Room" Clientele
Crime

Child Porn Darknet Sites Surge with Crypto-Payments as Korean Police Hunt "Nth Room" Clientele

The use of cryptocurrencies like Bitcoin and Ethereum has become the preferred payment for internet based human trafficking and depraved services, which include blackmail porn and child sexual exploitation according to forensics firm Chainalysis.

Venezuelan President Maduro Leveraged Cryptocurrency to Conceal Drug Ring Transactions According to US DOJ
Crime

Venezuelan President Maduro Leveraged Cryptocurrency to Conceal Drug Ring Transactions According to US DOJ

Venezuelan President Maduro and 14 other high-ranking Venezuelan officials have been charged for their alleged involvement in a multibillion-dollar cocaine trafficking ring that the the DOJ claimed wreaked havoc on American communities by flooding the markets with cocaine for over 20 years. According to Homeland Security Investigations (HSI), the Venezuelan officials had leveraged cryptocurrency in an attempt to mask their money trail on their alleged crimes

Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud
Crime

Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud

The US Department of Justice has sentenced two Canadian nationals to two years in the US federal prison for using a fake Twitter account to steal Bitcoins from an innocent US victim.

Accused Co-Founder of $9 Million Crypto Ponzi Scheme Declares Not Guilty in Court
Crime

Accused Co-Founder of $9 Million Crypto Ponzi Scheme Declares Not Guilty in Court

The co-founder of Zima Digital Assets, Zachary Salter and his associate, 28-year-old John Caruso jointly declared not guilty to charges of money laundering and conspiracy to attempt wire fraud during arraignment in an Arizona court on March 4.

Creating Corruption-Free Ecosystems with Blockchain: A Study
Crime

Creating Corruption-Free Ecosystems with Blockchain: A Study

Fighting and eliminating corruption at government or society level is not easy, as complicity and cronyism creates a wall of silence and impunity around it. How can blockchain help to tear this wall down?

White House Budget Urges Legislation to Return Secret Service to Treasury Due to Crypto Crime Surge
Crime

White House Budget Urges Legislation to Return Secret Service to Treasury Due to Crypto Crime Surge

Cryptocurrencies, and other technological advancements, projected as a threat to the international financial marketplace, the department believes has contributed to more groups of criminal organizations and more links between financial and electronic crimes combined.

US Law Firms Had Data Stolen and Encrypted by Hackers Demanding Crypto Ransoms
Crime

US Law Firms Had Data Stolen and Encrypted by Hackers Demanding Crypto Ransoms

There has been a recent report of an online breach in five United States law firms as it has been compromised by hackers demanding two 100 Bitcoins (over $933,000 at the time of this report) from each firm. The ransom demanded by the hackers was expected to be paid in parts, one to allow access to the data and another to delete the hackers' copy of the data instead of selling it.

Greece Council of State Rules for the Extradition of a Russian Bitcoin Laundering Suspect to France
Crime

Greece Council of State Rules for the Extradition of a Russian Bitcoin Laundering Suspect to France

Greece Council of State has ruled in favor of the order to extradite a Russian bitcoin laundering suspect named Alexander Vinnik, A.K.A "Mr. Bitcoin" to France, as reported by Greece Greek Reporter.

Western Australian Police Force Seized 1.5 Million Worth of Crypto in a Drug Investigation
Crime

Western Australian Police Force Seized 1.5 Million Worth of Crypto in a Drug Investigation

The Australian Border Force (ABF), the Western Australian Police Force announced that the team has arrested a 27-year-old man and a 25-year-old woman over drug probe, seizing and frozen an incredible amount of 1.5 million worth of cryptocurrency found in the electronic device held by the culprits.

Browser Extensions Used by Scammers to Steal Bitcoin
Crime

Browser Extensions Used by Scammers to Steal Bitcoin

The CEO of Casa takes his time to demonstrate how browser extensions can be used to launch a cyberattack to steal Bitcoin. He emphasized on cyber consciousness and cybersecurity.

Polish Crypto Exchange BitMarket Co-Owner Found Dead
Crime

Polish Crypto Exchange BitMarket Co-Owner Found Dead

According to the local news, Niemiro was found dead in the city of Olsztyn near his residence, it was suggested that Niemiro had committed suicide.