SIM hijacking is becoming more and more common. However, for the first time around this technique was actually used in order to steal $ 5 million in Bitcoin. The perpetuated is a college student from Boston. The student was arrested in California. He, however, is just part of the gang. The...
Brazilian federal police recently caught the members of drug smuggling operation. They were using Bitcoin in order to launder money globally. In total, 12 people were arrested. It is suspected that they had laundered more than $ 1 million to fund the drug trade in Asia, Africa as well as Europe....
Revolut recently reported that there might have been money laundering activities on its platform. As a result, the law enforcement agencies in the United Kingdom are trying to detect them. According to a spokesperson of the bank, a few transactions have been flagged off. The financial conduct authority, as well...
Recently, a French national accepted his guilt in US courts. He was guilty of selling narcotics and accepting Bitcoins as payments. The name of the culprit is Guy Vallerius. He operated under the username OxyMonster. He was arrested by the authorities in September last year. He was arrested at the...
Based on a recent research, the amount of cryptocurrencies which have been stolen due to cybercrimes so far this year amounts to more than $ 1.1 billion. The firm that produced the research Carbon Black, said that the cryptocurrency was easy to steal. According to the report made by the...
