FBI

FBI Raids Polymarket CEO’s Home As DOJ Probes the Decentralized Betting Platform: Report

November 15, 2024 The Daily Hodl

Betting

The Federal Bureau of Investigation has reportedly executed a search warrant on the home of Shayne Coplan, the CEO of decentralized predictions-betting platform Polymarket. Citing a source who requested anonymity, Bloomberg reports that the FBI seized Coplan’s phone and electronics during the raid, which happened just as the US Justice Department (DOJ) investigates Polymarket for […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

FBI-Created Token Hits Its Mark: Landmark Guilty Plea Shatters Crypto Fraud Ring

November 2, 2024 Bitcoin.com

bitcoin.com

The FBI’s fake cryptocurrency token unraveled a landmark market manipulation case, leading a founder to plead guilty to running automated wash trades across exchanges. In FBI-Created Token’s Trap, Crypto Mogul’s Empire Collapses The U.S. Department of Justice (DOJ) announced on Wednesday that Liu Zhou, the founder of Mytrade, a cryptocurrency financial services firm, has pled […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

NexFundAI: The FBI’s ‘Trap Token’ Explained

October 19, 2024 Coin Telegraph

Coin Telegraph

NexFundAI, a trap token by law enforcement, exposes bad actors, but falling for similar schemes led by scammers can lead to major losses

NexFundAI, introduced by the US FBI in May 2024, is an Ethereum-based crypto token created as part of a covert sting operation, Operation Token Mirrors. 

The NexFundAI token was designed to act as bait, targeting individuals and organizations engaged in fraudulent cryptocurrency activities, particularly pump-and-dump schemes. In these scams, manipulators artificially inflate a token’s value, attracting unsuspecting investors, only to dump their holdings once the price peaks, leaving investors with losses.

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

$230M Bitcoin Heist Takes Dark Turn — $100M Still Missing, FBI Probes Kidnapping Link

October 19, 2024 Bitcoin.com

bitcoin.com

Two young men pulled off a $230 million bitcoin heist in one of the largest crypto thefts from a private individual in U.S. history. But after indulging in luxury cars and a $2 million watch, the story took a sinister twist. Now, prosecutors say the crime may be tied to a shocking kidnapping — and […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

FBI Arrests Man Who Allegedly Hacked SEC’s X Account in January and Prematurely Announced Bitcoin ETF Approval

October 18, 2024 The Daily Hodl

Bitcoin

The Federal Bureau of Investigation (FBI) arrested on Thursday an Alabama man who is allegedly behind the hacking of the U.S. Securities and Exchange Commission (SEC)’s account on social media platform X last January. The United States Department of Justice says Eric Council Jr. is accused of conspiring with others to take unauthorized control of SEC’s […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

$150M Crypto Scheme Leader Vanishes From US Detention, Active Manhunt Underway

October 15, 2024 Bitcoin.com

bitcoin.com

A German national accused of orchestrating a $150 million cryptocurrency fraud is now a fugitive after allegedly tampering with his ankle monitor while on home detention in New York. Prosecutors say he led a multi-level marketing scheme, promising massive returns, before siphoning off millions in cryptocurrency and disappearing just before his trial. An active investigation […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

New York Man Pleads Guilty in Crypto-Fueled $25M Money Laundering Case

October 5, 2024 Bitcoin.com

bitcoin.com

The U.S. Attorney’s Office and the FBI announced on Friday that Yanbing Chen, a 30-year-old from Brooklyn, N.Y., pleaded guilty to his involvement in an international money laundering and drug trafficking conspiracy. The organization, led by Jin Hua Zhang of Staten Island, laundered over $25 million in drug proceeds and illegal funds. Chen delivered $50,000 […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist

October 4, 2024 Bitcoin.com

bitcoin.com

A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts for his capture. FBI Cracks Global Cryptocurrency Theft Network The U.S. Department of Justice (DOJ) […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

FBI Seizes More Than $6,000,000 in Crypto From Southeast Asian Scammers Preying on US Citizens

September 29, 2024 The Daily Hodl

crypto

The Federal Bureau of Investigation (FBI) has seized millions of dollars worth of crypto assets from entities in Southeast Asia that allegedly targeted US citizens. In a new announcement on the social media platform X, the FBI says that they’ve seized $6 million worth of digital assets from Southeast Asian scammers who prey on people […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

FBI Seizes $6M in Crypto From Southeast Asian Scammers

September 28, 2024 Bitcoin.com

bitcoin.com

U.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency platforms. The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) recovered the funds using blockchain tracing. DOJ Seizes $6 Million in […]

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights