Category: Law Enforcement
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FBI Alerts to Potential Sale of $40M Stolen Bitcoin by North Korean Hackers!
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The Federal Bureau of Investigation (FBI) has issued a warning that North Korean hackers may attempt to liquidate stolen Bitcoin valued at over $40 million. The announcement comes as the FBI identified six wallets linked to the Lazarus Group and APT38, both North Korea-based hacking entities known for their involvement…
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Chinese Government Official Receives Life Sentence for Operating Illegal Bitcoin Mining Operation!
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In a significant move highlighting China’s strict stance on unauthorized cryptocurrency activities, a former Chinese government official, Xiao Yi, has been sentenced to life in prison for his involvement in subsidizing a secret and large-scale Bitcoin mining operation within the country. The operation, based in Fuzhou, consumed a substantial portion…
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Allegations of Market Manipulation: Prompt Crypto Lawyer John Stark to Urge SEC Investigation into Binance!
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In recent developments, well-known cryptocurrency lawyer John Stark has publicly called for the U.S. Securities and Exchange Commission (SEC) to initiate an investigation into Binance, a major player in the global cryptocurrency exchange landscape. The call for an investigation follows mounting concerns and allegations surrounding potential market manipulation and regulatory…
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FTX’s Sam Bankman-Fried Requests Depression and ADHD Medication While in Jail!
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Sam Bankman-Fried, the founder of FTX, has reportedly requested medication for depression and ADHD while in jail, according to his lawyers. Bankman-Fried, who is facing charges related to alleged financial misconduct, including stealing funds from FTX to cover losses at his hedge fund, has pled not guilty to the charges.
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Hipster Crypto Couple Admits to $4.5 Billion Cryptocurrency Heist!
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The Hipster Crypto Couple, Ilya “Dutch” Lichtenstein and his wife, Heather “Razzlekhan” Morgan, have confessed to orchestrating the largest cryptocurrency heist in history. The couple admitted their involvement in the 2016 hack of Bitfinex, a Hong Kong-based cryptocurrency exchange, resulting in the theft of approximately 120,000 Bitcoin, valued at around…
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XNT Sister Company Faces Sanctions for Russia Links as Maltese Court Overturns FIAU Fine!
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XNT Ltd, formerly known as Exante, has recently faced legal challenges involving sanctions imposed on its Cypriot sister company for its connections to a privately owned Russian international investment group. Just days before a Maltese court overturned a €244,679 fine imposed by Malta’s financial services watchdog against XNT for breaches…
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SBF’s Legal Battle Takes a New Turn: An Inside Look at the Request to Seal NYT Interview Documents!
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In recent developments surrounding the former FTX CEO, Sam Bankman-Fried, also known as “SBF,” his legal team has sought to have certain documents related to his interviews with The New York Times sealed. These documents reveal details about his relationship with Caroline Ellison, leading to a request for their non-disclosure…
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The Keep Your Coins Act of 2023: Ensuring Unrestricted Use of Convertible Virtual Currency!
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In an era where digital currencies are gaining prominence, the United States takes a significant step forward with the “Keep Your Coins Act of 2023.” This bill, enacted by the Senate and House of Representatives, seeks to safeguard the rights of individuals when it comes to using convertible virtual currency…
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SEC Chair Gary Gensler Warns of Fraud Risks in the Crypto Sector!
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SEC Chair Gary Gensler continues to express concerns about the cryptocurrency sector, cautioning investors about potential fraud and the lack of regulatory oversight.
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Missing Crypto Millionaire Found Dismembered in Suitcase: Police Launch Murder Investigation!
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In a chilling and tragic turn of events, the missing crypto millionaire influencer, Fernando Perez Algaba, has been found dismembered in a suitcase in Argentina. The 41-year-old’s gruesome discovery has prompted a murder investigation by local authorities.