Dutch Authorities Arrest 10 Suspects using Bitcoin for Illicit Goods
The investigative department of the tax authorities FIOD stormed into 15 location in the Netherlands to arrest 10 suspects in a fully launched investigation to shut down criminals using Bitcoin to purchase illicit goods over the Dark Web. The FIOD raided addresses in Rotterdam, Zoetermeer, Almere, Dordrecht, Zaandijk, Schiedam, s-Gravenhage and Putten. The authorities already processed the seizure of luxury items including expensive cars, cash, bank accounts and raw materials utilized to manufacture and distribute ecstasy. According to the statement of the prosecutor, an increasing number....
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Authorities in China recently announced the arrest of ten suspects they say are behind an online pyramid platform that is thought to have stolen millions of dollars from unsuspecting users. The suspects are accused of using the promise of high returns and a regular income to lure more victims.
A ‘Unicorn in the Field of Global Applications’
Chinese authorities recently said they had arrested ten individuals behind an online platform which they believe to be a pyramid scheme, a regional report from China has said. The report suggests the scammers may have defrauded....
Illicit goods obtained by Dutch and German police. Source: om.nl. The Dutch public prosecution service is reporting that Dutch and German police have shut down and seized assets of Utopia, a dark net website only accessible via the Tor network used to trade illegal goods such as drugs, stolen credit card numbers, and weaponry similar to the Silk Road website shut down last year by American authorities. Five individuals with ties to the marketplace have been arrested and taken into custody, and authorities have seized about 900 bitcoins, worth about $595,000 at the time of this writing.....
Dutch authorities have seized more than 25 million euros in cryptocurrencies, including bitcoin and ether, from dozens of suspects in criminal cases. “Cryptocurrencies are widely used as a means of payment for various types of crime,” said the Netherlands’ Public Prosecution Service. Authorities in the Netherlands Seize More Than 25 Million Euros in Cryptocurrencies, Including Bitcoin and Ether The Netherlands’ Public Prosecution Service announced last week that it has seized more than 25 million euros ($28.6 million) in cryptocurrencies in recent months in....
Japanese police charged 30 people for their alleged involvement in illegal transactions linked to the well-known $530 million Coincheck hack in 2018. Tokyo authorities traced all individuals’ transactions to different places across the nation. Illicit Transactions Are Estimated to Have Totaled Over $96 Million Initially, Nikkei reported that the suspects were either arrested or their cases have been referred to the prosecutors’ office. However, Kyodo confirmed that all 30 people were arrested and are now under police custody, citing sources familiar with the matter. Police....
Israeli police have arrested eight suspects in connection with a cryptocurrency fraud scheme after raiding their homes and seizing evidence. One of the suspects is Moshe Hogeg, a well-known owner of the premier soccer team Beitar Jerusalem Football Club.
8 People Arrested in Crypto Fraud Scheme in Israel
Israeli police arrested eight suspects Thursday allegedly stealing tens of millions of shekels in a cryptocurrency fraud scheme.
The arrests were made after officers from the police’s Lahav 433 anti-corruption unit raided the suspects’ homes and offices.....