Crypto Heist Investigation – Uncovering the $4.3 Million Theft
On-chain investigator ZachXBT is investigating a $4.3 million crypto heist from June 2024, linked to armed robbery by Faris Ali, also known as Zay or Tommy, in the UK. ZachXBT, an on-chain investigator, has most recently investigated a crypto theft that occurred in June 2024 and involved $4.3 million. Faris Ali, who operates under the […]
Arrests Made in $14.4M Holograph Hack After Two-Month Investigation
Multiple arrests have been made following the June 13 Holograph hack, thanks to a two-month investigation led by French and international agencies, including Europol and the Royal Cayman Islands Police. Several arrests have been made in connection with the Holograph breach that occurred on June 13. The development is the result of a two-month-long investigation […]
LBank Under Investigation in Japan for Unlicensed Operations
Japanese regulators warned LBank for operating without registration, citing unknown address and representative, and conducting business with Japanese residents online. LBank, a cryptocurrency exchange, has been warned by Japanese regulators for operating without proper registration. This incident underscores the ongoing concerns regarding compliance in the swiftly evolving digital asset industry. According to reports, the Financial […]
US SEC Accuses Binance.US of Not Cooperating With Investigation
In a court filing dated September 14, the United States Securities and Exchange Commission (SEC) accused Binance.US of non-cooperation in the ongoing investigation against the cryptocurrency exchange. In its court filing, the SEC noted that BAM, the holding company for Binance.US, has produced only 220 documents during the discovery phase. Numerous documents submitted under the […]
South Korea Launches Interagency Investigation Team
A crypto investigation unit has been established in South Korea to counter illegal activity in the digital asset sector. According to a Reuters article, the Joint Investigation Centre for Crypto Crimes comprises a group of about 30 experts from several fields, including the legal, financial, tax, and customs sectors. Compared to traditional equities regarding investing […]