Law Enforcement

South African Prosecutors Set to Pursue Collapsed Pyramid Scheme Co-Conspirators

May 23, 2024 Bitcoin.com

Africa

South African prosecutors are reportedly investigating co-conspirators of Mirror Trading International and may charge them with fraud or forgery. The declaration of the scheme as unlawful may have strengthened the National Prosecuting Authority’s case against the masterminds of Mirror Trading International. MTI Directors May Face Charges Under the Prevention of Organized Crime Act South Africa’s […]

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Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Tether freezes $5.2 million in USDT linked to phishing scams

May 14, 2024 Coin Telegraph

blockchain monitoring

Since its inception, Tether has frozen over $1 billion worth of assets linked to illicit activities on demand from law enforcement agencies.

Stablecoin issuer Tether froze USDT (USDT) worth $5.2 million linked to phishing scams on May 14. This USDT was stored in 12 Ethereum wallets tagged as “USDT Banned Address.” 

On-chain analytic firm Slomist’s chief security officer said that the addresses were being used for laundering funds from phishing scams without elaborating further.

Tether, the world’s largest stablecoin issuer, has frozen billions of dollars of assets linked to hacks, exploits and scams. In an X post, CEO Paolo Ardoino said the firm has blocked more than $1.3 billion since its inception, and approximately $1.6 million is related to terrorist finance.

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Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Hong Kong Police Detain Businessman Tied to Crypto Investor’s Abduction

May 10, 2024 Bitcoin.com

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A businessman from Hong Kong, linked to four individuals implicated in the kidnapping of a cryptocurrency investor, was recently taken into custody after surrendering to law enforcement. Authorities allege that the vehicle used in the investor’s abduction is owned by the businessman’s family. Crypto Investor Fails to Repay More Than $1.9 Million Hong Kong law […]

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Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Thai SEC Instructed to Share Information on Unauthorized Digital Asset Platforms With Government

April 24, 2024 Bitcoin.com

bitcoin.com

The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the Ministry of Digital Economy and Society. The regulator warned investors using such platforms of the risks they face which include the possibility of being scammed or involved in money laundering. Enhancing Efficiency in Law Enforcement […]

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Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Kenyan Authorities to Extradite Binance Executive to Nigeria by Month’s End

April 23, 2024 Bitcoin.com

Africa

The Binance executive who reportedly escaped from custody in Nigeria is set to be extradited to the same country by the end of the month, according to reports. A Kenyan detective believes the extradition of Anjarwalla, who allegedly has ties to influential figures in Kenya, may still prove to be challenging. Interpol Reportedly Involved in […]

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Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Nigerian Instagram Celebrity Could Face Jail Time for ‘Spraying’ National Currency

April 19, 2024 Bitcoin.com

Africa

Nigerian Instagram celebrity, Pascal Okechukwu, has pleaded not guilty to three counts of abusing naira banknotes. The charges against Okechukwu relate to three incidents in which he allegedly tampered with or “sprayed” NGN500 banknotes. Another Nigerian celebrity, Oluwadarasimi Omoseyin, received a six-month prison sentence for the same offence. Nigerian Authorities Clamp Down on Naira ‘Spraying’ […]

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Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Filecoin Staking Protocol Core Team Detained by Chinese Police; $22 Million in FIL Tokens Sent to Unknown Address

April 10, 2024 Bitcoin.com

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STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police. The STFIL team said it also recently detected abnormal and unscheduled upgrades to the protocol. During the core technical team’s detention, FIL tokens worth over $22 million were transferred to an unknown external address. Lawyers Engaged to […]

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Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

‘Eccentric’ Crypto Laundering Mastermind Dreamed of Being Anointed a Buddhist Goddess

March 28, 2024 Bitcoin.com

bitcoin.com

Zhimin Qian, the alleged mastermind behind the cryptocurrency laundering, dreamed of being anointed as a Buddhist goddess by the Dalai Lama. Qian also had plans to build a Buddhist temple, an airport, and a port in Danube, a fictitious micronation situated between Serbia and Croatia. Zhimin Qian’s Digital Diary Zhimin Qian, the alleged mastermind behind […]

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Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Australian Police Officer in Court for Stealing Nearly 82 BTC From Seized Drug Trafficker’s Wallet

February 20, 2024 Bitcoin.com

Bitcoin

An Australian police officer recently appeared in a Melbourne court where he faced charges of stealing 81.616 bitcoins from a crypto wallet seized from drug traffickers. After initially blaming the drug traffickers,’ the Australian Federal Police later reopened the case after an expert found evidence linking the theft to a former police officer. The accused […]

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Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Gary Gensler Says FBI and Homeland Security Investigating Hack of SEC’s X Account

January 15, 2024 The Daily Hodl

Bitcoin

The Chair of the U.S. Securities and Exchange Commission (SEC) says that the Federal Bureau of Investigation (FBI) and Homeland Security are looking into last week’s hack of the regulatory body’s X account. In a new statement, SEC Chairman Gary Gensler says that the law enforcement agencies are now involved in the investigation of last […]

The post Gary Gensler Says FBI and Homeland Security Investigating Hack of SEC’s X Account appeared first on The Daily Hodl.

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Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal