FBI
Ex-FBI Agent Uses Chainalysis to Track Crypto Criminals
Blockchain's transparency aids law enforcement in tracking illicit cryptocurrency transactions. Grigg's transition to Chainalysis bridges the gap in crypto crime detection tools. Cybercriminals use DeFi…
FBI Sting Operation Exposes Crypto Wash Trading Scheme
FBI’s NexFundAI helped the agency nab market manipulators in crypto. Kaiko reported a symmetry in buying and selling volume of the token. The scammers engaged…
FBI Takes Down Crypto Wash Trading Ring Seizes $25 Million
The FBI has uncovered a “wash trading” syndicate. The syndicate comprised token developers, promoters, and market makers. Four of the arrested suspects have pleaded guilty.…
GOTBIT’s Market Manipulation Charges Cast Shadow Over Crypto Markets
GOTBIT Consulting LLC and its CEO have been charged with market manipulation. The company and its execs are accused of wash trading between 2017 and…
Crypto Scams Cost Americans $5.6 Billion in 2023: FBI Report
The FBI reports that the US citizens lost about $5.6 billion in crypto frauds in 2023, up 45% from 2022. The report identified that the…
FBI Warns of North Korean Hackers Targeting Crypto Firms
The FBI has issued a warning to the North Korean hackers’ latest target on crypto employees. The attackers deploy malware through complex social engineering campaigns.…
Tether and FBI Team Up to Recover $5 Billion in Crypto
The DoJ commended Tether’s support in recovering funds linked to fraud. Scammers disguised as romance partners to steal from unsuspecting victims. Tether supported the FBI…
FBI Warns of Rising Crypto Exchange Impersonation Scams
FBI warns of scammers impersonating cryptocurrency exchange employees. Scammers use urgent messages to trick victims into revealing account information. Report cryptocurrency scams and fake job…
Turkish Authorities Dismantle $1 Billion Crypto Ponzi Scheme
Turkish authorities have busted a $1 billion cryptocurrency Ponzi scheme. FBI reports a 53% surge in cryptocurrency scam losses in 2023 to $3.94 billion. Turkey…
Cred LLC Former Executives Charged With Conspiracy and Fraud: Report
A recent press release states that three former Cred executives have been charged for misleading investors. The charges against the defendants include conspiracy, wire fraud,…
