Unraveling the Dark Side of Crypto
Cloudburst CEO Evan Kohlmann argues current investigatory techniques may be over-reliant on blockchain data, (Evan Kohlmann, modified by CoinDesk)
Crime
Could Sam Bankman-Fried’s Saga Happen Without Crypto?
Is crypto “uniquely” responsible for the rise and fall of FTX?
Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports
Jatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian.
UK Lords Pass Bill to Help Seize and Freeze Crypto Used for Crime
The bill, introduced in September, now enters its final stages in Parliament.
Belarus Looks to Ban Peer-to-Peer Crypto Transactions to Reduce Fraud
The east European country is working on legislation to make it harder for fraudsters to get their hands on the proceeds of crime.
Crypto Exchange Coinone’s Former Exec Acknowledges Bribery Charges in South Korea: Report
A lawyer for the accused reportedly said he admits “the facts of the prosecution,” during a May 25 trial hearing.
Alameda Research Receives $57M From Crypto Exchange OKX
Alameda Research-controlled wallets hold over $240 million worth of various cryptocurrencies.
UK Set to Ban Cold Calls Selling Financial Products, Including Crypto
The reported value of U.K. cryptocurrency fraud climbed 32% to £226 million in the year ending in September 2022.
Prosecutors Seek Seven-Year Prison Sentence for Reggie Fowler in Crypto Shadow Bank Case
The former footballer pleaded guilty to bank and wire fraud charges over operating Crypto Capital Corp., the shadow bank that lost Bitfinex’s millions.
Employees of South Korean Crypto Exchange Coinone Arrested: Report
Seoul Southern District Court Chief Judge Kim Ji-Sook issued a warrant for the arrests on Monday, saying “There is concern about escaping.”