FBI
Ex-FBI Agent Uses Chainalysis to Track Crypto Criminals
Beyond the volatility of crypto markets, blockchain technology is proving to be a powerful new tool to fight crime. And that is exactly what Gurvais Grigg, a former FBI special...
FBI Sting Operation Exposes Crypto Wash Trading Scheme
An FBI sting operation called Operation Token Mirrors used a fake crypto project, NexFundAI, to expose wash trading by three market makers: ZM Quant, CLS Global, and MyTrade. Blockchain research...
FBI Takes Down Crypto Wash Trading Ring Seizes $25 Million
The Federal Bureau of Investigation (FBI) has exposed a wash trading operation involving crypto token developers, promoters, and market makers. According to a report from the U.S. Department of Justice...
GOTBIT’s Market Manipulation Charges Cast Shadow Over Crypto Markets
Blockchain analysis platform Santiment forecasts a short-term dip in digital assets. This prediction comes as the crypto community reacts to the news of GOTBIT Consulting LLC and its CEO, Aleksei...
Crypto Scams Cost Americans $5.6 Billion in 2023: FBI Report
The FBI’s Internet Crime Complaint Center has released a sobering statistic: Americans reported a staggering $5.6 billion in losses due to crypto fraud in 2023. This represents a 45% increase...
FBI Warns of North Korean Hackers Targeting Crypto Firms
The US Federal Bureau of Investigation (FBI) has issued a warning about North Korean hackers’ latest attempts to steal crypto from crypto exchanges, DeFi, and ETF issuers. The agency says...
Tether and FBI Team Up to Recover $5 Billion in Crypto
The U.S. Attorney’s Office for the Eastern District of North Carolina publicly commended Tether, the leading stablecoin issuer, for assisting in the recovery of funds connected to a major fraud...
FBI Warns of Rising Crypto Exchange Impersonation Scams
The FBI issued a warning about scammers impersonating cryptocurrency exchange employees to steal funds. These scammers initiate contact with victims via unsolicited calls or messages, pretending to be exchange employees....
Turkish Authorities Dismantle $1 Billion Crypto Ponzi Scheme
Turkish law enforcement successfully dismantled a criminal organization accused of running an illegal cryptocurrency Ponzi scheme. The gang reportedly convinced unsuspecting citizens to invest a combined $1 billion, promising high...
Cred LLC Former Executives Charged With Conspiracy and Fraud: Report
A recent press release revealed that a Federal grand jury charged three former executives of Cred LLC, a San Francisco-based financial services firm that filed for Chapter 11 bankruptcy in...
