UK Police Seize Bitcoin Worth $2.8 Million From Teen Operating Scam Website
British police have seized bitcoin worth almost $3 million from a teenager who set up a fake website to scam consumers. “At the time they were worth £200,000. They are now worth a little over £2 million.” UK Police Seize $2.8 Million in Bitcoin British police have arrested a 17-year-old boy from South Lincolnshire and seized bitcoin worth almost $3 million from him, BBC News reported Tuesday. The authorities cannot name the boy for legal reasons. Prosecutor Sam Skinner said the teen set up a fake website that was almost identical to the....
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British detectives have seized $22.25 million from operators of an international cryptocurrency scam. Among the items seized was a USB stick containing ethereum worth $9.5 million. The police are now attempting to contact the victims of this scam to return their funds. UK Police Seize Crypto in USB Stick The U.K.’s Greater Manchester Police announced Wednesday that its Economic Crime Unit has seized a USB stick containing “huge amounts of ethereum, the second largest crypto currency after bitcoin.” The USB stick was discovered after the police arrested a 23-year-old male....
Indian police have seized $1.2 million in bitcoin from a hacker who allegedly hacked a government website, online game portals, and cryptocurrency exchanges. He was previously arrested for stealing $1.5 million from an Indian state government. Indian Police Seize Bitcoins From Hacker The Bengaluru Central Crime Branch (CCB) Police have revealed that bitcoins worth Rs 9 crore ($1.23 million) have been seized from a 25-year-old hacker, local media reported Friday. The hacker known as Shri Krishna is a software engineer and resident of Jayanagar in south Bengaluru. He was arrested on Nov. 18....
Ethereum is the second-largest cryptocurrency after Bitcoin. Although the majority of crypto transactions are legitimate, many are also fraudulent. Criminals take advantage of the anonymous and international nature of digital currencies. These crimes often include Money Laundering, Terrorism, Tax Fraud, and Drug Trafficking. Security continues to remain a heavily debated topic in the crypto space. Recently, security agencies of the world have had to increase their efforts in tracking down cryptocurrency scams. The UK has not been left out of this as British agencies have been clamping down....
In a recent announcement, the Canadian Royal Mounted Police (RCMP) stated that it had carried out the largest cryptocurrency seizure in Canadian history. Notably, the RCMP seized digital assets worth 56 million CAD (40 million USD) from an unlicensed crypto exchange. Canadian Police Seize Crypto Worth $40 Million Canada’s national police – the RCMP – […]
Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to the U.S. to “face charges for dozens of ransomware attacks resulting in the payment of tens of millions of dollars in ransoms.”
Canadian Authority Seizes Bitcoin Worth $28 Million
The U.S. Department of Justice (DOJ) announced Thursday that a former Canadian government employee was extradited the previous day from Canada to the U.S. to “face charges for dozens of ransomware attacks resulting in the payment of tens of millions of....