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Largest Dark Web Market Taken Offline as Alleged Operator Arrested in Germany

A 34-year-old Australian man accused of running the world’s largest dark web marketplace has been arrested by German authorities close to the Danish border.According to a report from Europol on Wednesday, the DarkMarket site was taken offline on Monday following a probe by German investigators with the assistance of Europol

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Developers Implicated in Alleged Smart Contract ‘Rug Pull’

Another decentralized finance (DeFi) project was rug-pulled Tuesday, with some $10.8 million in investor funds stolen due to a hidden backdoor in the project’s smart contracts.Compounder Finance – a self-described clone of Harvest and Yearn Finance built by pseudonymous programmers – had its contracts drained of $750,000 worth of wrapped

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US Justice Department Extradites Alleged Co-Founder of Crypto Ponzi Scheme From Panama

The U.S. Department of Justice (DOJ) has extradited the man accused of being one of the co-founders of the global cryptocurrency Ponzi scheme AirBit Club. The Acting U.S. Attorney for the Southern District of New York, Audrey Strauss, said Monday the accused, Gutemberg Dos Santos, was extradited from Panama last week. Along

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Alleged crypto-Ponzi operator arrested after failed sea-scooter escape

Matthew Piercey, the accused operator of two fraudulent firms that solicited tens of million to ostensibly invest in cryptocurrency mining, life insurance, and other assets, has been apprehended by authorities after a failed attempt to escape FBI agents using a sea scooter.According to Californian media outlet The Sacramento Bee, the

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Authorities Arrest 20 Suspected of Ties to Russian Rapper’s Alleged Money Laundering Syndicate

European, American and Australian law enforcement said Thursday they have arrested 20 suspected members of QQAAZZ, the shadowy criminal money-laundering organization whose sloppy bitcoin tumbling tactics led to the March arrest of Russian rapper Maksim Boiko.This is a developing story. Source

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Indian police begin probe into alleged $270K cryptocurrency exchange scam

The operator of Delhi-based cryptocurrency platform Pluto Exchange is accused of duping 43 investors of more than $272,000.A local news outlet Millennium Post reported that the Economic Offence Wing of the Delhi Police has launched a probe against the operators of the Pluto Exchange after 43 investors filed a complaint

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