Crimes | ForkLog

ForkLog 10 07.02.2024

Illegal Cryptocurrency Miners Uncovered in Former Boiler House Near Novosibirsk

In the Novosibirsk region, police officers, in collaboration with energy specialists, have shut down an illegal mining farm comprising 100 devices. This was reported by AO “RES”. The equipment was located in a building that once served as a boiler house in the settlement of Chernorechensky, near Iskitim. In addition to the connected ASIC miners, […]

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ForkLog 10 07.02.2024

CEO of Bitsonic Sentenced to Seven Years for Fraud

The CEO of South Korean cryptocurrency exchange Bitsonic, Jinwook Shin, has been sentenced to seven years in prison for his involvement in a fraudulent scheme amounting to 10 billion won ($7.5 million), according to local media. Court documents reveal that from January 2019 to May 2021, Shin artificially inflated trading volumes on the exchange and […]

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ForkLog 21 06.02.2024

Haru Invest Executives Arrested for Alleged $826 Million Embezzlement

In South Korea, three executives of the cryptocurrency investment platform Haru Invest have been arrested, reports The Block. Prosecutors from the Southern District of Seoul have accused the detained individuals of embezzling digital assets worth approximately 1.1 trillion Korean won ($826 million) from around 16,000 users. The platform allegedly invested most of the clients’ funds […]

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ForkLog 55 03.02.2024

Illegal Mining Farm with 378 Devices Discovered in Dagestan

Police in the city of Kizilyurt uncovered illegally connected cryptocurrency mining equipment within an unnamed gardening association. This was reported by the press service of the Ministry of Internal Affairs for the Republic of Dagestan. The mining farm was located in an auxiliary room. Law enforcement seized 378 devices. “The connection to the power lines […]

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ForkLog 18 02.02.2024

Binance Freezes $4.2 Million in Stolen XRP from Ripple Co-Founder

Cryptocurrency exchange Binance has frozen $4.2 million in XRP tokens linked to the hacking of Ripple co-founder Chris Larsen’s personal wallet. After finding out early on about the exploit that occurred at @Ripple, we’re happy to say that the #Binance team has managed to freeze $4.2 Million worth of $XRP stolen by the exploiter. We […]

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ForkLog 32 02.02.2024

Five Russians in Thailand Suspected of Extorting $900,000 in Cryptocurrency

Police in Phuket province have issued arrest warrants for five Russians suspected of abducting a married couple to extort cryptocurrency. This was reported by the newspaper Bangkok Post. A family from Belarus, who fell victim to the attack, approached law enforcement. The incident occurred on January 29. They were returning from a store on a […]

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ForkLog 15 01.02.2024

Ukrainian MP Suspected of Misappropriating Cryptocurrency Worth 24 Million UAH

NABU and the SAP have announced a suspicion against a Ukrainian Member of Parliament, who allegedly provided false information regarding cryptocurrency ownership in his 2020 declaration. According to local media, the individual in question is Oleksandr Marikovskyi, a member of the Servant of the People faction. The case materials indicate that in 2020, the MP […]

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ForkLog 34 31.01.2024

Crypto Industry Faces Over $126 Million Loss from Scams and Hacks in January

Hacker attacks and fraud led to losses of approximately $126.8 million for crypto projects in January, across 19 separate incidents, according to a report by Immunefi. The damage was six times greater than in the first month of 2023 and nearly three times the figure for December. Data: Immunefi. Exploits and hacks accounted for 96.8% […]

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ForkLog 12 31.01.2024

Chinese Woman in UK Accused of Laundering $6 Billion in Bitcoin

A Chinese woman residing in London has been accused of laundering $6.3 billion in bitcoin, allegedly obtained by her acquaintance through investment fraud. This was reported by Law360. According to British prosecutors, 42-year-old Jian Wen converted cryptocurrency into cash, real estate, jewelry, and other luxury items. The transactions were conducted for Zhimin Qian, who allegedly […]

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ForkLog 27 30.01.2024

German Authorities Seize Nearly 50,000 BTC from Pirates

During a review of an old criminal case involving a major pirate website, German police seized nearly 50,000 BTC (valued at $2.17 billion at the time of writing), acquired through illegal activities. According to the investigation, in 2013, two administrators of the portal profited from the unauthorized commercial use of copyrighted works. The platform was […]

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ForkLog 19 30.01.2024

$150 Million in Cryptocurrency Seized in US Drug Trafficking Case

An Indian citizen has pleaded guilty in a US court to drug distribution and money laundering. The amount of cryptocurrency confiscated from him reached a record $150 million for the history of the DEA. Dark Web Vendor Pleads Guilty to Distributing Narcotics and Forfeits $150Mhttps://t.co/00eoJv0RIn pic.twitter.com/jhDUjHMyWR — Criminal Division (@DOJCrimDiv) January 26, 2024 According to […]

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ForkLog 13 30.01.2024

Illegal Mining Farm Discovered in Unfinished House in Irkutsk Region

Police in the Irkutsk region conducted a raid in the village of Zalari, uncovering an illegal mining farm within the confines of an unfinished private house. The operation was prompted by a complaint from energy providers, who discovered that the building was illicitly connected to the power grid. A metal container on the site emitted […]

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