Police allege greater than 190 aged Australians misplaced over $5 million in a cryptocurrency funding operation involving NEXOpayment. Strike Drive Resaca executed Sydney search warrants, main to 1 cost and a second arrest pending inquiries. Funds have been allegedly routed via a number of crypto wallets in transactions described asContinue Reading
Hayden Adams warns that fraudulent search ads impersonating Uniswap continue to resurface despite years of reporting. A trader known as “Ika” says a fake sponsored link led to the loss of his entire mid-six-figure crypto portfolio. January saw US$370.3 million (AU$522.12 million) stolen, with a major share linked to aContinue Reading
Chainalysis has launched “Workflows,” a no-code automation device designed to assist investigators and compliance groups carry out complicated blockchain evaluation with out specialised programming. The function makes use of prebuilt templates to standardise investigative steps, permitting customers to hyperlink particular person thefts to broader, organised laundering networks extra effectively. TheContinue Reading
Cambodia arrested and extradited Prince Group founder Chen Zhi to China following a joint investigation right into a multibillion-dollar “pig-butchering” crypto rip-off community. The US Division of Justice lately launched its largest-ever forfeiture motion to grab $15 billion in Bitcoin linked to the group’s alleged forced-labor compounds. Chen’s switch toContinue Reading
Whole crypto losses from hacks and exploits fell 60% in December to $76 million, a pointy decline from the $194.2 million recorded in November throughout 26 main incidents. The month’s largest theft concerned a $50 million “handle poisoning” rip-off the place a sufferer by chance despatched funds to a lookalikeContinue Reading
Australian liquidators have recovered solely $6.7 million of an estimated $60 million invested in NGS Crypto, a “digital mining” scheme marketed as a retirement technique. The Federal Courtroom ordered the Gold Coast-linked group to be wound up after discovering it operated with out a monetary companies licence and posed aContinue Reading
An investigative committee inside Argentina’s Chamber of Deputies has beneficial President Javier Milei face additional scrutiny for his position selling the ill-fated $LIBRA crypto venture. The report discovered 114,410 wallets misplaced cash buying and selling on $LIBRA after Milei endorsed the venture from his private X account, shortly earlier thanContinue Reading
Scammers file faux complaints by means of Australia’s official ReportCyber portal, then name victims claiming to be AFP officers and use the report as “proof.” The fraudsters, generally with a second caller posing as a crypto platform consultant, use this “veneer of legitimacy” to trick victims into shifting their cryptoContinue Reading
Former NRL ahead Trent Merrin was charged by NSW Police over the alleged theft of AU$140,000 in cryptocurrency from a 29-year-old man’s account following a year-long inquiry. Investigators allege Merrin obtained a “monetary benefit” by deceptive the sufferer to switch property between digital wallets. Merrin, who retired in 2021 andContinue Reading
Thai police arrested Chinese language nationwide Liang Ai-Bing in Bangkok for his alleged function within the FINTOCH DeFi scheme. FINTOCH was a Ponzi that faked ties to Morgan Stanley and used a false CEO, in the end shifting about $31.6 million USDT from person accounts and blocking withdrawals in MightContinue Reading
