The operator of a Bulgarian crypto exchange has received a 10-year prison sentence for money laundering in connection with an Eastern European cybercrime syndicate.
The 53-year-old Bulgarian national was convicted for laundering funds via cryptocurrency for a fake online auctions gang.
The “public face of OneCoin” is in plea talks for a range of charges
The Arbistar case victims’ defense lawyer claims that the overall number of those affected amounts to 32,000 families with at least 93.4 million euros ($113.55 million) in losses. Lawyer in Arbistar Case Reveals Details on Class-Actions Lawsuits Against the Alleged Crypto Ponzi Scheme During an interview with Eldiario, Carlos Aránguez, a Spanish lawyer who represents […]
Leading Ethereum-based DEX Uniswap has now crossed the $50 billion mark in lifetime volume, although some are skeptical about the sources of the platform’s liquidity.
An Indian law enforcement agency has arrested Naisar Kothari, a cryptocurrency trader, for his role in a money-laundering scheme linked to online Chinese betting scams. The arrest was made after the country’s Enforcement Directorate (ED) detected large amounts of money “being inexplicably transferred to some cryptocurrency traders.” In addition to Kothari’s arrest, the ED conducted […]
The number of crypto criminals using so-called privacy wallets to help hide their identities is on the rise, according to analytics firm Elliptic.
The head of a major Mexcian financial intelligence unit has complained that local law enforcement has only a quarter of the staff it needs to respond to crypto laundering from cartels.
Canadian brothers Firoz and Ferhan Patel are headed to prison after admitting their payments company had broken the law.
A U.S. court in Seattle has sentenced a former Microsoft engineer to 9 years in prison after finding him guilty of 18 federal felonies relating to his elaborate scheme to defraud the tech giant $10 million. In passing the judgment, the court blasts Volodymyr Kvashuk, a software engineer and citizen of Ukraine, for attempting to […]
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