Crimes | ForkLog

ForkLog 24 12.06.2025

Hong Kong Authorities to Develop AML Tool for Cryptocurrencies

Hong Kong Customs has announced the development of a tool aimed at tracking cryptocurrency transactions linked to money laundering. This was reported by SCMP. The agency is collaborating with the University of Hong Kong to create the software. Mario Wong Ho-yin, Assistant Commissioner for Intelligence and Investigation at the Customs and Excise Department, expressed the […]

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ForkLog 85 12.06.2025

Killer decentralisation

In September 2023 the OFAC officially acknowledged the Sinaloa cartel’s use of cryptocurrencies. That same year, China’s largest underground labs producing drug precursors received more than $26 million in digital assets. In the first four months of 2024, the volume doubled. This ForkLog feature explores how crypto is being adopted across the black economy, the […]

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ForkLog 152 09.06.2025

Bitcoin Family Secures Crypto Keys Across Four Continents

Didi Taihuttu, known as the head of the “Bitcoin Family,” has radically changed his approach to asset storage due to a surge in offline crimes targeting cryptocurrency holders, reports CNBC. The Taihuttu family gained fame in 2017 when they sold all their possessions and invested in Bitcoin. Over the past eight months, they have abandoned […]

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ForkLog 17 28.05.2025

Arrests Made in Three Countries Over Bitcoin Extortion Allegations

Over the past week, law enforcement agencies in the United States, South Korea, and France have detained individuals suspected of targeting cryptocurrency holders for extortion. New York, USA According to AP, on May 27, a 32-year-old cryptocurrency entrepreneur from Miami, William Duplessis, surrendered to New York police. He faces charges of kidnapping, assault, unlawful imprisonment, […]

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ForkLog 37 26.05.2025

Offline Threats: Kidnappings of Crypto Entrepreneurs and Security Measures

Incidents of kidnapping targeting crypto entrepreneurs have become more frequent worldwide, with criminals aiming to seize their digital assets. We explore the reasons behind this crime wave and how public figures are safeguarding themselves. Attacks in France According to data from Casa co-founder and CTO Jameson Lopp, at least six attacks on crypto entrepreneurs or […]

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ForkLog 27 19.05.2025

Criminals Target Families of Crypto Entrepreneurs

Executives of cryptocurrency firms are increasingly concerned about the rising number of attacks aimed at kidnapping and extorting digital assets, prompting them to hire bodyguards. This is reported by WSJ. On May 13, in the Paris district of Le Marais, the daughter of Paymium crypto exchange founder Pierre Noizat was attacked by three masked individuals. […]

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ForkLog 3 12.05.2025

Electricity Theft for Cryptocurrency Mining Surges 300% in Malaysia

Over four years, the number of electricity thefts by illegal cryptocurrency miners has surged nearly 300%, according to local media citing Tenaga Nasional Berhad (TNB). The country’s largest electricity company reported 610 theft cases in 2018, rising to 2397 by 2024. TNB conducts raids to curb illegal mining in collaboration with police and local authorities. […]

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ForkLog 19 11.05.2025

Teenagers in Las Vegas Accused of Kidnapping and Robbing Crypto Investor

Three teenagers in the United States have been charged with kidnapping, extortion, and stealing crypto assets worth $4 million, according to local outlet 8 News Now. Authorities have arrested two of the alleged perpetrators, both 16-year-old residents of Florida. It is reported that a court had previously recognized the youths as adults. The third participant […]

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ForkLog 40 09.05.2025

Zerebro Developer Stages Suicide Hoax

The founder of Zerebro, Jeffy Yu, was found alive at his parents’ home three days after a video of his “suicide” was released. This was reported by the San Francisco Standard. The fake death of the 22-year-old creator of Legacoin (LLJEFFY) triggered a 2115% surge in the meme coin’s value, with its market capitalization soaring […]

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ForkLog 7 09.05.2025

Virginia Man Sentenced to 30 Years for Crypto Transfers to Terrorists

Mohammed Azharuddin Chhipa, a 35-year-old resident of Virginia, will spend 30 years and four months in prison for transferring $185,000 in cryptocurrency to the terrorist group ISIS, reported the US Department of Justice. Source: TRM. From 2019 to 2022, Chhipa raised funds through social media and personal meetings, converted them into cryptocurrency, and transferred them […]

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ForkLog 103 09.05.2025

German Authorities Shut Down eXch Platform, Seize €34 Million in Assets

On April 30, German law enforcement shut down the cryptocurrency exchange platform eXch and confiscated assets worth €34 million. The service, operational since 2014, had its servers located in Germany. Users could anonymously exchange Bitcoin, Ethereum, Litecoin, and Dash without identification. This made eXch a popular tool for money laundering, according to the Frankfurt General […]

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ForkLog 58 05.05.2025

Kidnappers of Crypto Businessman’s Father Arrested in France

French police have freed the father of an entrepreneur allegedly linked to the crypto industry. The perpetrators demanded a ransom ranging from €5 million to €7 million, according to local media. Prosecutors stated that the kidnappers severed the hostage’s finger. Five suspects, including the driver, have been detained. The family did not pay the ransom. […]

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