カテゴリー: Cybercrime

Japan Gathers 500 Agents to Fight Cybercrime and Crypto Theft

Japan Gathers 500 Agents to Fight Cybercrime and Crypto TheftJapan has decided to set up a new agency to better address cybercrime. The Tokyo-based center gathers 500 analysts and investigators who will also combat cryptocurrency theft. Over 3 million attempts to steal digital information have been registered last year. Hackers have stolen funds worth over 17 billion Japanese yen.   Also read: Hackers Target […]

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FBI Claims Arrested Cyber Crime Syndicate Co-Founder Medvedev Worth $800M+ in BTC

Cyber Crime Syndicate Co-Founder Worth 100,000 BTC Arrested in ThailandThe Federal Bureau of Investigation (FBI) has claimed that Sergey Sergeyvich Medvedev, a Russian national recently arrested in Bangkok, was the co-founder and second in command of the Infraud group – a notorious international cyber crime syndicate. It has been reported that at the time of his arrest, Mr. Medvedev was in possession of more […]

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Ukraine’s Cyberpolice Supports Legalization of Cryptocurrencies

Ukraine’s Cyberpolice Supports Legalization of CryptocurrenciesThe cybercrime combating department of Ukrainian Police has voiced support for the legalization of cryptocurrencies despite sharing some concerns about them. The Cyberpolice unit also noted the need to regulate cryptos “as soon as possible”. Ukrainian parliament is yet to adopt new legislation amid mounting calls from other institutions to regulate cryptocurrencies.   Also read: Russia’s […]

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South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading

The South Korean government has called for financial regulators and central bankers of 23 other countries as well as 12 organizations, including the International Monetary Fund and the European Union, to collaborate on curbing cryptocurrency trading. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Other Regulators Urged to Take Action […]

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Litigation Filed in India for Immediate Intervention of the Flow of Bitcoins

Litigation Filed in India for Immediate Intervention of the Flow of BitcoinsLitigation has been filed in an Indian High Court by a public prosecutor of cybercrime cases. Claiming that cryptocurrencies facilitate crime, he calls for their immediate ban or regulation. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Litigation Seeks Immediate Intervention A public interest litigation (PIL) was filed with the […]

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Cheated Cryptocurrency Investors Are Taking Matters Into Their Own Hands

Cheated Cryptocurrency Investors Are Taking Matters Into Their Own HandsBlockchain transactions are irreversible: that’s one of the strengths of digital currencies such as bitcoin. But when funds are stolen, it means there’s no recourse for getting them back. Hacks and scams are endemic to the cryptocurrency space, and while experienced operators are adept at spotting the more obvious frauds, newcomers aren’t so astute. Some […]

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Man Allegedly Kidnaps Friend at Gunpoint and Steals $1.8m of Cryptocurrency

Man Allegedly Kidnaps Friend at Gunpoint and Steals $1.8m of CryptocurrencyA man has appeared in a New York court charged with robbing an acquaintance of his cryptocurrency hoard. Louis Meza allegedly had a gunman point a pistol at his friend’s head after luring him into a minivan and persuading him to part with his wallet seed. The offense, which is reported to have taken place […]

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Man Allegedly Kidnaps Friend at Gunpoint and Steals $1.8m of Cryptocurrency

Man Allegedly Kidnaps Friend at Gunpoint and Steals $1.8m of CryptocurrencyA man has appeared in a New York court charged with robbing an acquaintance of his cryptocurrency hoard. Louis Meza allegedly had a gunman point a pistol at his friend’s head after luring him into a minivan and persuading him to part with his wallet seed. The offense, which is reported to have taken place […]

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Police Bust Turkish Gang That Kidnapped Wealthy Bitcoin Holders

Police Bust Turkish Gang That Kidnapped Wealthy Bitcoin HoldersTurkish police are toasting their success after capturing an enterprising gang of crypto kidnappers. Their targets were major bitcoin holders. The quintet were caught as they prepared to pounce on their second victim, having already extorted 450 bitcoins, worth U.S. $3.3 million, from a wealthy businessman. Also read: Real Estate Listings Use Bitcoin to Garner Publicity […]

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