Australian Police Use New Powers to Seize $142.6K in Crypto
Victoria Police’s first crypto seizure highlights a new legal framework that allows police to confiscate digital assets through search warrants. Victoria Police in Australia completed its first crypto asset seizure valued at $142,679 after recent legal updates granted law enforcement new authority over digital assets. In its 2023–2024 annual report published on Oct. 31, Victoria […]
US Bank Customers Deposit Fake $100 Bills, Police Warn of Counterfeit Cash
The community is abuzz with reports of individuals receiving counterfeit $100 bills, prompting the police in a significant US city to search for potential suspects. Newsradio WSGW reports that at least five counterfeit $100 bills were discovered inside an Isabella Bank branch in Clare, Michigan, according to authorities. The bills were all deposited by “area […]
Vietnamese Police Arrests 5 Linked to Offshore Crypto Scam
Five individuals associated with an intricate crypto scam network operated by offshore criminals have been apprehended by a provincial police force in Vietnam. Police from Nghe An, a Vietnamese province bordering Laos and the Gulf of Tonkin, dismantled a scam organization based in Laos associated with fraudulent wire transfers on October 4. Offshore individuals who […]
Brazil Police Bust $9.7b Crypto Laundering Scheme
In a massive financial crime investigation, Brazilian authorities found a $9.7 billion cryptocurrency laundering network and arrested several people. Authorities in Brazil have taken decisive action against a cryptocurrency-based, multi-billion dollar money laundering network operating in several cities, including São Paulo, Fortaleza, and Brasília. Blockchain forensic company TRM Labs revealed in a blog post on […]
Chinese CoinGecko Investigated by Local Police
Local police in China are investigating Chinese CoinGecko Feixiaohao, a major cryptocurrency data and news provider. There have been reports that the local police in China are conducting an inquiry into Feixiaohao, which is a significant cryptocurrency market data and industry news supplier. Several top executives at Feixiaohao are believed to have been arrested as […]