FBI Arrests 2 Men Planning ‘Violent’ Robbery of Bitcoin Worth Millions of Dol...

Deep web drug dealers apprehended by German law enforcement agencies. Sheep Marketplace owner charged with theft of millions of dollars in Bitcoin. Germany is leaning hard on drug trafficking over deep web. In a recent development, the German law enforcement authorities have seized over $400,000 in Bitcoin from four deep web drug dealers they arrested. Since last month, Germany has stepped up its investigations into “illegal” dealings on cyberspace. According to reports, the four arrests were made by officers from a joint investigation group involving the Central Office of Cybercrime and....

It is believed this gang's activity has caused losses worth 1.7bn rubles, or US$25m. Russia continues its crackdown against malware distributors and other criminals these days. It is good to see the Russian police focus their attention on where it really matters, rather than trying to oppose bitcoin. Another nine people have been arrested for their alleged involvement in the widespread criminal gang activity. These arrests come on the heels of over four dozen prior arrests carried out in the Summer of 2016. It will hardly come as a surprise most of the malware in circulation originates....

Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for businesses affected by the Covid-19 pandemic. Israeli Law Enforcement Busts Money-Laundering Ring Using Coins to Clean Money for French Fraudsters Three people have been arrested in Israel this week on suspicion of providing money-laundering services to criminals who defrauded the French state. The operation follows a covert investigation carried out by Lahav 433, Israel’s special....

One of the largest stories in the Bitcoin universe in February was the bitcoin exchange that wasn't. The MyCoin pyramid scheme in Hong Kong defrauded a small number of very high rollers; people who were investing millions of US Dollars each. This created a reported cache of almost $400 million before the computer bandits made their getaway. Now, it seems that some headway has been made in the investigation, and the arrests are starting to come in. And some adjustments to the actual level of theft have also been made. Five arrests made related to the MyCoin Scam. The arrest made by....

Ransomware has been on the rise as of late, and it is a cyber security threat a lot of businesses and government services are taking seriously. According to Chainalysis, the blockchain monitoring company, more ransomware-related arrests from law enforcement are on the horizon. Can Companies Like Chainalysis Curb Ransomware and Cyber Crime? Cybercriminals....