How law enforcement struggles with sophisticated crypto laundering

Advanced crypto laundering techniques continue to challenge law enforcement and crypto-related services, as highlighted in a new Chainalysis report on money laundering.

View Details

LA County Sheriff's Deputy Discusses Tackling Crypto Crimes on Podcast

Tony Moore discusses crypto crimes and law enforcement's evolving methods. (Read More)

View Details

Chainalysis: APAC resource challenges hamper investigation efforts

APACs increasing struggle with crypto crime is exacerbated by a shortage of legal resources and inadequate training for law enforcement.

View Details

How Binance played a key role in arrest of ZKasino scam suspect

Despite the arrest of the main suspect, some of the stolen funds continued to be moved, suggesting multiple potential attackers.

View Details

Nigerian officials proposed secret crypto settlement, claims Binance CEO

Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company executives to meetings before detaining them.

View Details

Darknet Market Revenues Plummet Amid Global Law Enforcement Crackdown

International law enforcement efforts have led to a significant decline in BTC revenues for darknet markets and fraud shops, according to the Chainalysis 2025 Crypto Crime Report. (Read More)

View Details

Binance helps Taiwan solve $6.2M crypto fraud

Working with Binance, Taiwan prosecutors pieced together the evidence, resulting in the indictment of nine individuals for financial crimes, including money laundering and fraud.

View Details

Tether freezes $5.2M in USDT linked to phishing scams

Since it launched, Tether has frozen over $1 billion worth of assets linked to illicit activities after requests from law enforcement agencies.

View Details

Bitcoin Seizure: UK Law Enforcement cracks down on 61,000 Cryptos

The United Kingdom finds itself at the forefront of a burgeoning trend: Bitcoin confiscation. Recent reports indicate a staggering 61,245 Bitcoins (BTC) are securely held within the UK government’s coffers, valued at approximately $4.1 billion. This substantial hoard stems from a historic seizure in 2018 when UK police confiscated the cryptocurrency from two Chinese nationals, […]

View Details

Crypto Exchange Bkex Suspends Withdrawals Amid Money Laundering Incident 

Bkex, a crypto exchange based in the British Virgin Islands, has suspended withdrawals due to an allegation that a user’s “funds were involved in money laundering.” In order to assist law enforcement with their investigation and gather evidence, Bkex said it has decided to halt withdrawal activity for the time being. British Virgin Islands-Based Digital [...]

The post Crypto Exchange Bkex Suspends Withdrawals Amid Money Laundering Incident  appeared first on Crypto Breaking News.

View Details

KuCoin User Linked to Memecoin Scams

Crypto exchange KuCoin confirms a user's address is responsible for launching thousands of memecoin scams but will not freeze assets without official notice from law enforcement. The wallet address has been marked as a fake phishing wallet by blockchain explorer Etherscan. (Read More)

View Details

Deloitte, Chainalysis alliance to give law enforcement a crypto edge

Professional services giant Deloitte is set to boost its clients’ blockchain-tracking capabilities following a strategic alliance with crypto analytics firm Chainalysis. Announced during a Chainalysis conference in Washington DC on July 25, the tie-up will see Chainalysis’ blockchain datasets, analytics software and training programs assist Deloitte’s clients with their crypto forensic, investigative and compliance needs. [...]

The post Deloitte, Chainalysis alliance to give law enforcement a crypto edge appeared first on Crypto Breaking News.

View Details

Report: Dozens of Chinese Nationals Arrested in Libya for Operating Illegal Crypto Mining Farm

Around 50 Chinese nationals have reportedly been apprehended by Libyan authorities following allegations of running a cryptocurrency mining facility within the city of Zliten, local reports detail. Cryptocurrency mining is strictly prohibited by law in Libya. Libyan law enforcement officials have disclosed that the mining operation, situated in an abandoned iron factory, was effectively dismantled.

The post Report: Dozens of Chinese Nationals Arrested in Libya for Operating Illegal Crypto Mining Farm appeared first on BTC Ethereum Crypto Currency Blog.

View Details

US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion

As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million [...]

The post US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion appeared first on Crypto Breaking News.

View Details

Crypto Exchange Hotbit Says ‘Deteriorating Conditions’ Forced It to Stop Operations

China-headquartered cryptocurrency exchange, Hotbit, said on May 22 it had made the decision to halt “all cex operations.” The crypto exchange pointed to the “continuous outflows of funds from cex [centralized exchange] users” as one of the many factors that forced Hotbit to stop operations. The Crypto Industry’s ‘Deteriorating Conditions’ The Asian cryptocurrency exchange, Hotbit, [...]

The post Crypto Exchange Hotbit Says ‘Deteriorating Conditions’ Forced It to Stop Operations appeared first on Crypto Breaking News.

View Details

Canadian Police Warn of Surge in Home Invasion-Style Robberies Targeting Affluent Crypto Investors

Canadian law enforcement reports that affluent cryptocurrency investors have become targets of home invasion-style robberies. Both Delta Police and Royal Canadian Mounted Police in Richmond have issued warnings after having dealt with multiple robberies involving prominent cryptocurrency investors over the past year. Wealthy Crypto Investors Become Targets in Canada Over the last 12 months, numerous [...]

The post Canadian Police Warn of Surge in Home Invasion-Style Robberies Targeting Affluent Crypto Investors appeared first on Crypto Breaking News.

View Details

$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets

Over 50,000 Bitcoin, valued at $1 billion, were transferred from multiple wallets linked to US law enforcement seizures. Approximately 9,861 BTC was sent to Coinbase, while the rest were internal transfers. The BTC was seized from the Silk Road marketplace, one of the first darknet markets to accept Bitcoin payments. (Read More)

View Details

Here’s What Coinbase Transparency Report Says About Over 12,000 Law Enforcement Requests

Rumors that Binance was under investigation by the US Justice Department shocked the cryptocurrency sector. The exchange, however, shot this down by releasing a report that highlighted its efforts to combat cybercrime. Coinbase used the same strategy and unveiled a fresh transparency report that clarified its requests from law authorities. Over the past year, there […]

View Details

27,000 requests last year: Collaboration key for Binance’s Investigations team

Binance’s Investigations and Intelligence team plays a role in helping global law enforcement agencies identify and combat crypto-related crime.

View Details

INTERPOL Creates a Global Police Force in the Metaverse to Combat Digital Crimes

Interpol to create a new metaverse unit as it looks to combat online crime in grand style (Read More)

View Details