Latest Updates Around The World
As Epstein-related revelations emerged, new data shows that crypto payments to suspected human trafficking services will increase by 85% globally by 2025. While global attention remains fixated on the ongoing release and scrutiny of emails and documents linked to sex trafficker Jeffrey Epstein, attention has shifted to the way exploitation networks operate and move money. […]
The CEO of PGI has spent millions on luxury cars, houses, hotels, designer clothes, jewelry and watches with money from investors. The US Department of Justice has announced that Ramil Ventura Palafox, the CEO of Praetorian Group International (PGI), has been sentenced to 20 years in prison. Prosecutors said Palafox ran a $200 million Bitcoin-based […]
The Seoul court has sentenced crypto asset manager to prison in the first case under the new Virtual Asset User Protection Act. A South Korean court has sentenced Jong-hwan Lee, CEO of a local crypto asset management company, to three years in prison for manipulating cryptocurrency prices to secure illegal profits. The Seoul Southern District […]
Blockchain analytics firm Chainalysis has released a new report highlighting a sharp escalation in cryptocurrency-based money laundering. It warns that Chinese-language money laundering networks are emerging as one of the most serious and fastest-growing threats in the digital asset ecosystem. The rise of Chinese-language networks in crypto crime According to the reportillegal money laundering activity […]
Chainalysis reported that illicit crypto will increase by 162% in 2025, led by sanctioned entities, North Korean hacks, Russian tokens and money laundering networks. Illegal cryptocurrency activity rose to record levels in 2025 as criminal-linked addresses received at least $154 billion during the year. According to blockchain analytics firm Chainalysis, this is a 162% increase […]
Interpol’s updated crime data shows that increasingly sophisticated crypto scam networks are overlapping with global drug, firearms and wildlife trafficking markets. The International Criminal Police Organization (Interpol) has formally designated crypto fraud as a global criminal threat, following the adoption of a new resolution by the General Assembly, which aims to tackle the rapid expansion […]
Researchers found that drug traffickers, Southeast Asian fraud gangs, and North Korean hackers regularly used major crypto platforms to quietly move their money. The International Consortium of Investigative Journalists (ICIJ) Coin Laundry investigation found that illicit funds were channeled through major cryptocurrency exchanges, including Binance, OKX, Coinbase, Kraken, Bybit and Kucoin, as part of a […]
Joshua Armbrust mined $5,895 worth of Ethereum using his former employer’s AWS account, but escaped jail with three years of probation. A former Digital River employee has been ordered to pay more than $45,000 in restitution to his previous employer after unlawfully using the company’s computer systems to mine cryptocurrency. Joshua Paul Armbrust, 45, was […]
The head of the head of the Economic and Cyber ​​Crime Command said that this is one of the greatest money laundering in British history. The metropolitan police have guaranteed what is considered the world’s largest cryptocurrency inserting, with a value of more than £ 5.5 billion, equal to around $ 7.43 billion, after a […]
Authorities of the Eiland Nation have issued a notification for a considerable number of Bitcoin lost as a result of a refined attack. This event contributes to the already long list of comparable attacks that the year has seen so far, and continues to see. The losses are increasing Financial crime continues to weigh heavily […]
