Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $3,759,976,794,566.37
  • 24h Vol: $218,434,926,860.67
  • BTC Dominance: 55.11%

Investigation

indian-court-bars-police-from-freezing-entire-bank-accounts-in-crypto-fraud-probes

Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes

Leave a Comment / bank accounts, Bitcoin, court ruling, Crypto, Crypto Fraud, Crypto Hacked, Cryptocurrency, Cyber Security, Ethereum, financial fraud, Fraud, freeze, HDFC bank, indian high court, Investigation, justice g. jayachandran, legal, madras high court, Police / / / , , , , , , , , , , , , , , ,

An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accounts can be frozen. The decision followed a case where an account was frozen due to a cryptocurrency investigation. The court stressed that freezing accounts entirely disrupts livelihoods and called on investigative agencies to […]

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wazirx-tells-users:-google’s-mandiant-confirms-no-breach-on-laptops-during-cyberattack

Wazirx Tells Users: Google’s Mandiant Confirms No Breach on Laptops During Cyberattack

Leave a Comment / Bitcoin, Breach, Crypto, Crypto Hacked, Cryptocurrency, cyberattack, Digital Assets, Ethereum, Exchanges, Google, Investigation, liminal, Mandiant, multisig, Nischal Shetty, Wallet, Wazirx / / / , , , , , , , , , , , , ,

Indian crypto exchange Wazirx says cybersecurity firm Mandiant, a Google subsidiary, has confirmed that Wazirx team laptops were not compromised during the $230 million cyberattack. The exchange added that attention is now focused on custodian Liminal’s wallet infrastructure, and the investigation’s findings have been shared with law enforcement and other agencies to assist in recovering

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Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils

Leave a Comment / Bitcoin, ceo, Charges, co-founder, collapse, Crash, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, do kwon, embezzlement, Ethereum, Fraud, Investigation, Kim & Chang, law firm, Lawyers, LUNA, money, Montenegro, News, Payments, Prosecutor's, Singapore, South Korea, south korean, Stablecoin, Terraform, terraform labs, TerraUSD, transfers / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean

Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils Read More »

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Silk Road Hacker Sentenced to a Year in Prison for Wire Fraud

Leave a Comment / 50000 Bitcoin, 50000 BTC, Athens-Clarke County Police Department, Bitcoin, Bitcoin (BTC), bitcoin cash, bitcoin cash BCH, Blockchain, Court, criminal charges, Crypto Hacked, Cryptocurrency, cyber crime, darknet marketplace, Digital Assets, DOJ, Ethereum, Funds, Hacker, Hacking, international exchange, Investigation, IRS, Law Enforcement, Los Angeles, Memphis, net total, News, Precious Metals, prison, RE&D Investments, Real estate, seized, sentencing, Silk Road, sophisticated techniques, Technology, Theft, U.S. Government, underground floor safe, Wire Fraud / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more than 50,000 bitcoin from the darknet marketplace (DNM) in September 2012. DOJ

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Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says

Leave a Comment / Arrest, Bitcoin, Case, ceo, co-founder, collapse, counterfeited, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, do kwon, Documents, Ethereum, extradition, fake, forged, founder, Haris Šabotić, Investigation, Kwon, LUNA, Montenegro, News, passport, Podgorica, prosecutor, prosecutor's office, Šabotić, Stablecoin, terraform labs, TerraUSD / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the

Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says Read More »

french-authorities-raid-5-major-banks-over-accusations-of-money-laundering-and-fiscal-fraud

French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud

Leave a Comment / Allegations, Banking Crisis, Bitcoin, bnp paribas, cnbc, Crypto Hacked, Cryptocurrency, Cum-Ex Scheme, Dividend Accounts, Dividend Arbitrage, Ethereum, Europe, Exane Bank, Finance, financial institution, Financial Prosecutor, fiscal fraud, Fiscal Fraud Charges, Fraud, French Authorities, german prosecutors, Governments, HSBC, international, Investigating Judges, Investigation, major banks, Money Laundering, Natixis, Office Raids, Paris, Paris France, PNF, Prosecutor's, Raid, Societe Generale, Suspicion, tax evasion, Taxation, wealthy clients / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial Prosecutor’s Office (PNF), the preliminary investigation into four French banks and one international

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report:-terra-co-founder-do-kwon-plans-to-appeal-detention-extension-after-arrest-in-montenegro

Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro

Leave a Comment / Appeal, Arrest, belgium, Bitcoin, Costa Rica, Court, Crypto Hacked, Cryptocurrency, detention, do kwon, Do Kwon appeal, Do Kwon's appeal, Dubai, Ethereum, extradition, Filip Adzic, Flight Risk, foreign prosecutors, fraudulent documents, hidden identity, Identity Theft, Investigation, Lawsuits, legal battles, legal council, Montenegrin police, Montenegro, News, outcome, Podgorica airport, prosecution, repatriation, Singapore, South Korea, terraform labs, Verification, Vijesti reporters / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while traveling with fraudulent identification documents. Report Says Kwon’s Legal Representation Aims

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Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report

Leave a Comment / Bank, Bankers, Banking Crisis, banks, Bitcoin, credit suisse, Crisis, Crypto Hacked, Cryptocurrency, DOJ, Ethereum, evasion, invasion, Investigation, justice department, News, probe, restrictions, Russia, russian, Sanctions, swiss, Switzerland, U.S., UBS, Ukraine, US, War / / / , , , , , , , , , , , , , , , , , , , , , , ,

Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade Western sanctions, according to a media report. Some major U.S. banking institutions are also under scrutiny within the probe initiated by the Justice Department, sources say. Credit Suisse, US Banks Investigated for Suspected Sanctions Violations

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Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

Leave a Comment / accountability, Banking, banks, Bitcoin, bridge bank, california, ceo, CFO, Chandra Vanipenta, Class-Action, collapse, Crypto Hacked, Cryptocurrency, damages, depositors, Disclosure, Ethereum, Executives, FDIC, federal court, Federal Deposit Insurance Corporation, Federal Funds Rate, Federal Reserve, financial institution, interest rates, Investigation, Lawsuit, News, Prosecutor's, San Francisco, San Jose, Securities and Exchange Commission, Shareholders, Silicon Valley Bank, stock sales, SVB, SVB Financial Group, Treasury, U.S. Department of Justice, Wall Street Journal, Washington / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and

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