The U.S Treasury Department is issuing a warning to investors that non-fungible tokens (NFTs) could be used to launder money. In a new study, the agency says that the ability to transfer NFTs instantaneously across the world using the internet makes the nascent crypto sector a prime candidate for illicit activities. “The emerging online art […]
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The founder and chief executive of BitMart is revealing that the global crypto exchange suffered a massive breach in security that enabled hackers to steal hundreds of millions of dollars worth of digital assets. Sheldon Xia confirms the attack via Twitter and says hackers were able to access two of the exchange’s hot wallets, which […]
The post Global Crypto Exchange Loses $150,000,000 Worth of Digital Assets in Massive Security Breach, According to CEO appeared first on The Daily Hodl.
The Federal Bureau of Investigation (FBI) is warning the public that bad actors are using Bitcoin (BTC) ATMs and QR codes to defraud unsuspecting victims. In a public service announcement, the agency says that it is seeing increased incidents of scammers telling their victims to deposit money to a cryptocurrency ATM using a QR code […]
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A joint operation by Israeli police and the Federal Bureau of Investigation (FBI) has led to the arrest of a former tech mogul and 25 other people for their alleged participation in a fraudulent trading scheme involving cryptocurrencies. The Times of Israel reports that Guy Grinberg, co-founder of the China-based social media platform Koolanoo, was […]
The post Former Tech Mogul and 25 Others Arrested in Alleged Massive Trading Scheme Involving Crypto: Report appeared first on The Daily Hodl.
A court in Russia’s Tatarstan region has denied the appeal of the founder involved in the alleged $1.5 billion Bitcoin Ponzi scheme. According to Russian publication Inkazan, the Supreme Court of Tatarstan upheld the arrest in absentia of Marat Sabirov, the co-founder of Finiko, a company which the Bank of Russia put on its list […]
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An Ohio man is due to forfeit millions in cash, real estate and jewelry after pleading guilty to facilitating a fake crypto investment scheme. According to a U.S. Department of Justice (DOJ) press release, 52-year-old Michael Ackerman and his associates started a fraudulent crypto investment fund in 2017, luring potential investors with the promise of […]
The post Man To Forfeit Millions in Cash, Real Estate and Jewelry After Pleading Guilty to a Fake Crypto Investment Scheme appeared first on The Daily Hodl.
A man may end up behind bars for 15 years after he was allegedly caught mining Bitcoin (BTC) and other cryptocurrencies inside the county center in Riverhead, New York. The Associated Press reports that Christopher Naples, an IT operations supervisor at the county clerk’s office, is facing charges for public corruption, grand larceny, and computer […]
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The primary suspect of an alleged Dogecoin mining scam in Turkey has reportedly disappeared along with $119 million worth of DOGE investments. Local media tv100 reports that the suspect – known as “Turgut V” – arranged one-on-one meetings, networking events and promotions in an effort to lure investors into their “DOGE mining” operation with the […]
The post Suspect Disappears With $119,000,000 Worth of Dogecoin in Alleged DOGE Mining Scam appeared first on The Daily Hodl.
The US government says those who offer information that helps fight malicious online activity can now get paid in cryptocurrency. A statement by the US Department of State says that their Rewards for Justice (RFJ) program is offering up to $10 million for assistance in identifying or locating state-sponsored cybercriminals targeting critical US infrastructure. The […]
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The United Kingdom’s Metropolitan Police (Met) says it just set a new record for the largest seizure of crypto in the country’s history, breaking the previous record documented just weeks ago. According to the Met, detectives seized roughly $250 million worth of unspecified cryptocurrency. The seizure is the second in an ongoing investigation into an […]
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