Crime

News on Crime in Crypto Industry

Gunned Robber Enters Bitcoin Millionaire Home

Gunned Robber Enters Bitcoin Millionaire Home

Though it is not unusual in the crypto industry, since most malicious theft happens in the cyberspace, happening in real-world encounter is a new story. A cryptocurrency millionaire narrowly escapes death from a robber who has entered into his apartment at Oslo armed with a gun, he has to jump from a second-floor balcony to save his life. The case has been filled & Norwegian court will hear it next month.

Crypto Wizard Lands Behind Bar in Thailand

Crypto Wizard Lands Behind Bar in Thailand

A 48-year old Thai man who called himself the cryptocurrency wizard has been arrested while playing soccer in Bangkok, over his alleged role in a 500 million baht ($16.3 million) crypto exchange fraud. He is a member of a group which conducts fraud schemes which involve persuading targets to invest in cryptocurrencies through them, with each group member assuming responsibility for a particular role — such as opening bank accounts and posing as digital asset investors.

Expert Trace Link Between Crypto & Human Trafficking

Expert Trace Link Between Crypto & Human Trafficking

David Murray, VP of an advisory firm has testified before a US Senate subcommittee on the link between cryptocurrency and human trafficking and recommended steps to curtail the role of cryptocurrency payments. He said: “Developed economies are the most profitable for human traffickers, with criminal organizations earning more than $34,000 annually in profit from each victim in North America.”

Whale Alert & BitcoinAbuse Synergise To Combat Crypto Scam

Whale Alert & BitcoinAbuse Synergise To Combat Crypto Scam

A crypto transaction tracker, Whale Alert has announced its collaboration with BitcoinAbuse to upgrade its battle against various crypto crimes. Whale Alert added, “We will now report transactions made to scammers and keep track of their assets. You can help make crypto safer by reporting scams, black markets and hacks on the website BitcoinAbuse.com.”

Bitcoin Businessman Tortured to Death

Bitcoin Businessman Tortured to Death

Abdul Shakoor, 35 hailing from Indian state Kerala has been allegedly tortured to death by a group of five men for failing a $62.5 million Bitcoin investment scheme, which he claims was lost due to a hack. The local police deduced, “The accused tortured him so much to retrieve the password that Shakoor died. Because crores of money would be lost with his death, the men took him to a hospital, hoping for a miracle…”

North Korea Denies its Hand On Cyber Crimes

The North Korean government media has denied all the allegations that they are the face behind all major cybercrimes & theft in the world. Reuters claimed, a statement from the report, “Such a fabrication by the hostile forces is nothing but a sort of a nasty game aimed at tarnishing the image of our Republic and finding justification for sanctions and pressure campaign against the DPRK.”

Crypto Thief Caught After Identity Blunder

A New Jersey resident, Darren Carter has been arrested by the Connecticut police for allegedly involving in theft over $15,000 worth of cryptos from a Connecticut citizen through mobile phone and converted the funds to U.S. dollars, that he transferred to his PayPal account. He did a bizarre blunder by sending an apology email to the victim, which was mistakenly sent to the investigating agency.

Cryptojacking Malware Silenced By French Cops

The French police have successfully shut down a massive botnet virus called Retadup which has been utilized for Monero (XMR) cryptojacking, has infected 850,000 computers in over 100 countries. The French police’s cybercrime unit, Jean-Dominique Nollet explained, “People may not realise it but 850,000 infected computers mean massive firepower, enough to bring down all the (civilian) websites on the planet.”

Nurse Put Behind Bars For Using Bitcoin For Murder Plot

Tina Jones, a 32-year old nurse working at decided Loyola University Medical Center has been sentenced to 12 years in prison, to be followed by three years of probation for murdering her lover. She has turned to the dark web to hire a hitman for bitcoins and sent the victim’s photograph and address and paid US$12,000 in Bitcoin over three months.

Italian Merchant Lost Money in Fake Cryptocurrency

A women merchant aged around fifties in Genoa, Italy, has bought a fake cryptocurrency and lost more than €30,000 from a fake trader who contacted her through the phone. She has filed a complaint with the authorities after realizing that it was scam all along, only after the trader vanished and the platform did not recognize her as a user. These kind of scams are increasing in Genoa, and the authorities are into the delves of the dark web to trace the fraud.