Crimes | ForkLog

ForkLog 40 19.12.2024

Uzbek Teen Detained for Cryptocurrency Exchange via Telegram

The Ministry of Internal Affairs of Uzbekistan has detained a 17-year-old resident of Bukhara for providing cryptocurrency exchange services on Telegram. This was reported by the press service of the department. According to the investigation, over a period of seven months, the teenager conducted more than 4,000 transactions on the Binance exchange, amounting to a […]

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ForkLog 24 16.12.2024

Australian Woman Kidnaps Saudi Royal for Bitcoin Ransom

In Australia, 24-year-old Catherine Colivas kidnapped a member of the Saudi Arabian royal family, demanding $40,000 in bitcoin for his release. This was reported by the Daily Mail. According to court documents, Colivas and three accomplices found their victim through a dating app, arranging a meeting. After the encounter, the woman asked her companion to […]

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ForkLog 16 13.12.2024

US Crypto Trader Sentenced to Prison for Tax Evasion

On December 12, a court in the Western District of Texas sentenced local resident Frank Algren III to two years in prison for submitting false income data from bitcoin sales. “Frank Algren III made millions buying and selling bitcoins. But instead of paying the taxes he knew were due, he lied to his accountant about […]

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ForkLog 26 12.12.2024

Hackers Breach Data of 58,000 Bitcoin ATM Users

Hackers have accessed the personal data of 58,000 users of Byte Federal’s bitcoin ATMs, reports TechCrunch, citing documents filed by the firm with the Maine Attorney General’s office. The compromised data includes names, addresses, phone numbers, government IDs, social security numbers, transaction details, and user photographs. The breach occurred on September 18. Byte Federal’s team […]

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ForkLog 28 09.12.2024

Assets Seized from Former Investigator Accused in WEX Bribery Case

Assets valued at over 2.1 billion rubles have been seized in the investigation of a cryptocurrency bribery case involving former head of the BST of the Russian Ministry of Internal Affairs, Georgy Satyukov. This was reported by RIA Novosti. According to the investigation, Satyukov and his subordinate Dmitry Sokolov offered protection services to Alexey Bilyuchenko […]

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ForkLog 27 05.12.2024

UK Cracks Down on Russian Cryptocurrency Laundering Network

The NCA, with the aid of international partners, has dismantled extensive Russian money laundering networks using cryptocurrencies, linked to drug and arms trafficking, ransomware, and espionage activities. Operation Destabilise: NCA disrupts $ multi-billion Russian money laundering networks with links to, drugs, ransomware and espionage, resulting in 84 arrests. Read the full story ➡️ https://t.co/24qU98Ld4e pic.twitter.com/ZjPmXuFvuZ […]

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ForkLog 31 04.12.2024

Kazakhstan Shuts Down Mining Farm with 156 Devices

AFM of Kazakhstan uncovered an illegal cryptocurrency mining farm located on an industrial site in the city of Temirtau. The devices were housed in metal containers. During searches at the site, 156 ASIC miners and other related equipment were discovered and seized. A pre-trial investigation is underway. Since the beginning of 2024, the agency has […]

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ForkLog 9 02.12.2024

Siberian Legislator Faces Charges for Garage-Based Crypto Mining

A member of the Krivodanovsky village council in the Novosibirsk region has been accused of causing property damage through illegal cryptocurrency mining, according to the regional prosecutor’s office. Case files indicate that 28-year-old Alik Nersisyan set up an illicit mining operation in his garage in the village of Krivodanovka. Investigators allege he used piercing clamps […]

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ForkLog 31 27.11.2024

We can scale: how pyramid schemes went crypto

Russia is in the grip of a boom in pyramid schemes. According to the Central Bank’s data, more than 3,700 organisations with the hallmarks of such schemes were identified in 2024—70% more than in 2023 and 93% more than in 2022. Fraudsters, when explaining high returns to depositors, hide behind cryptocurrency trading and the use […]

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ForkLog 18 27.11.2024

Ukrainian Security Service Colonel Sentenced to 10 Years for Extorting Illegal Miners

On November 27, Ukraine’s High Anti-Corruption Court found an operative of the DCIB SBU guilty of extortion and receiving $60,000 in cryptocurrency for the return of equipment to illegal miners. According to case materials, in July 2022, the SBU officer demanded a bribe of $60,000 from an entrepreneur in exchange for assistance in returning ASIC […]

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ForkLog 35 19.11.2024

BIT Mining to Pay $10 Million Fine in U.S. for Bribery in Japan

BIT Mining has agreed to pay a $10 million fine to settle charges from the U.S. Department of Justice over bribing Japanese officials. Former CEO Indicted for Role in Bribing Japanese Officials and BIT Mining Ltd. Resolves Foreign Bribery Investigation ?: https://t.co/FreYjxbkJZ pic.twitter.com/0Q1zDAjur2 — Criminal Division (@DOJCrimDiv) November 18, 2024 In 2021, the Chinese company […]

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ForkLog 13 19.11.2024

Heather Morgan Sentenced to 18 Months for Bitfinex Hack Involvement

A US federal court has sentenced Heather Morgan to 18 months in prison for her role in laundering 119,754 BTC stolen from the Bitfinex exchange in 2016, reports CoinDesk. Her husband, Ilya Lichtenstein, who orchestrated the attack, received a five-year sentence on November 14. The couple was arrested in February 2022, when authorities seized 94,643 […]

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