Crimes | ForkLog

ForkLog 7 19.04.2024

Hong Kong Police Arrest 72 in Connection with JPEX Bitcoin Exchange

Hong Kong police have announced the arrest of 72 individuals as part of an investigation into fraud at the cryptocurrency exchange JPEX. This was reported by local media. Authorities have also frozen assets amounting to 228 million HKD ($29.37 million). In total, the police received 2636 reports from victims, with damages amounting to approximately 1.6 […]

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ForkLog 6 19.04.2024

Jury Finds Mango Markets Attacker Guilty

On April 18, a jury found Avraham Eisenberg guilty in the case concerning the attack on the DeFi project Mango Markets in 2022, which involved the extraction of digital assets worth $116 million. This was reported by Bloomberg. During the two-week trial, the defense argued that the defendant committed no crimes. According to his lawyers, […]

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ForkLog 18 17.04.2024

Police Officer Accused of Extorting WEX ‘Red Admin’ Placed on International Wanted List

Former employee of the BSTM of the Russian Ministry of Internal Affairs, part of the Department ‘K’, Georgy Satyukov, and his ex-colleague Dmitry Sokolov have been arrested in absentia and placed on an international wanted list. They are accused of receiving a bribe amounting to 4.9 billion rubles in cryptocurrencies from WEX exchange system administrator […]

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ForkLog 11 15.04.2024

Phuket Court Sentences Russians for Cryptocurrency Kidnapping

The Provincial Court of Phuket has sentenced five Russians to prison for the abduction of a Belarusian couple, aiming to extort 31 million baht (approximately $845,700) in cryptocurrency. This was reported by the Bangkok Post. The defendants, who initially denied involvement in the attack, fully confessed during the investigation. Each received a two-year prison sentence […]

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ForkLog 7 15.04.2024

Police Officer in Karachay-Cherkessia Accused of Cryptocurrency Extortion

The Investigative Committee of Karachay-Cherkessia is probing an incident involving the extortion of cryptocurrency by the head of the local department for drug trafficking control. This was reported on the official Telegram channel of the agency. According to case materials, in October 2021, the accused received operational information about the activities of three local residents […]

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ForkLog 15 10.04.2024

Founder of ACE Exchange Charged with $10.7 Million Fraud

Taiwanese prosecutors have charged David Pan, the founder of local cryptocurrency exchange ACE Exchange, and six accomplices with money laundering and fraud amounting to at least $10.7 million. According to the authorities, the trading platform managed the Alfred Wallet app and A+Card through an offshore entity. Users deposited cryptocurrencies into accounts, which the exchange’s team […]

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ForkLog 8 10.04.2024

Illegal Cryptocurrency Mining Farms Shut Down in Novosibirsk

Specialists from “Rosseti Novosibirsk,” in collaboration with the police, discovered four cryptocurrency mining farms illegally connected to the power grid. The premises housing the ASIC miners were scattered across the city — near sewage treatment facilities, in a forested area on the outskirts of the Leninsky district, near the city dump on the left bank, […]

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ForkLog 9 10.04.2024

Bitcoin Extortionists Abduct Businessman from English Golf Course

The St Albans Crown Court is examining the case of a suspect accused of kidnapping a Chinese businessman for cryptocurrency extortion, as reported by BBC. According to court documents, the attack took place on October 24, 2023, in Hertfordshire. The victim, 30-year-old entrepreneur Dylan Huang, was playing golf with three women when five armed individuals […]

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ForkLog 7 09.04.2024

Trial Begins for Alleged Mango Markets Attacker in the US

On April 9th, a federal court in New York commenced proceedings against Avraham Eisenberg, suspected of orchestrating an attack on the DeFi project Mango Markets in 2022, resulting in the extraction of digital assets worth $116 million. The trial was initially scheduled for December 4, 2023, but was postponed at the defense’s request. Eisenberg was […]

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ForkLog 12 05.04.2024

Russian Arrested in Thailand for Illegal Cryptocurrency Exchange

Thai police have arrested a 36-year-old Russian national, Ibragim Gaitukiev, for illegally providing cryptocurrency exchange services, according to the Bangkok Post. The publication reports that the man was identified through online advertisements. The phone numbers listed in the ads, registered on WhatsApp, were linked to bank accounts belonging to Gaitukiev and his partner, Maxim Varyukhin. […]

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ForkLog 11 03.04.2024

URF Meme Token Developers Execute $450,000 Rug Pull

The team behind the meme coin URF vanished with 2400 SOL (~$450,000) collected during the token’s presale, as reported by on-chain researcher ZachXBT. Influencer @BryceHall made multiple posts promoting a sketchy Solana presale for a meme coin called URF helping them raise ~2400 SOL ($450k). The team disappeared less than 24 hrs after launch and […]

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ForkLog 27 03.04.2024

FixedFloat Suffers $2.8 Million Loss in Second Hack of the Year

The cryptocurrency exchange FixedFloat has been targeted by a second attack this year. Experts have assessed the damage at no less than $2.8 million. On April 1, we were again attacked by the attackers who were behind the February 16 hack. The attackers did not stop there and continued to use various methods to try […]

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