Cryptocurrency Analysis and News Portal
Indian police have arrested a man who was allegedly involved in promoting the Bitconnect investment scam, Financial Express reported August 18. The suspect, Divyesh Darji, is said to have been the India head of Bitconnect, the high-yield investment program that ceased its operations in January 2018 after coming under scrutiny
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The Crime Suppression Division (CSD) of the Thai police have clamped down on a group of fraudsters who orchestrated a Bitcoin scam scheme that succeeded in swindling Aarmi Otava Saarimaa, a 22-year old Finnish national, of over 5,000 bitcoins, as first reported by the Bangkok Post on August 13, 2018. Smooth
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Thai police have detained 27-year old actor Jiratpisit "Boom" Jaravijit in an alleged $24 million cryptocurrency scam, Bangkok Post reported August 9. Jiratpisit is reportedly one of the seven suspects in the alleged crime, including his older brother and sister. On July 26, the Criminal Court awarded a warrant for
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South Korean police have raided the office of a local firm whose alleged crypto scam promised investors the spoils of a sunken Russian warship, The Korea Herald reported August 7. The Seoul Metropolitan Police Agency reportedly sent 27 investigators from its white collar unit to to collect evidence from the
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Joel Ortiz, a Boston student was arrested by California police for allegedly stealing $5 million in Bitcoin (BTC-USD) and other cryptocurrencies. The 20-year-old stole crypto assets from around 40 victims using SIM jacking, a type of hacking technique. The report was recently revealed by Motherboard, a tech news website
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The ongoing 2018 FIFA World Cup has definitely caused a spike in online gambling. The Chinese local police have been carrying out a crackdown on World Cup online bets. As a result, the local police officers have managed to confiscate in excess of $1.5 million worth of digital currency
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Chinese police have reportedly seized over 200 computers used to mine bitcoin and ethereum in a crypto-mining operation that allegedly stole electricity. According to a report by China’s state-owned press agency Xinhua, police in the Anhui Province of eastern China confiscated the equipment after being alerted to abnormally high electricity usage
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