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German Fraudster Refuses to Give Police Passwords to $60M Bitcoin Wallet

German authorities have seized a Bitcoin wallet containing 1,700 BTC, valued at approximately $60 million at the current price. However, the wallet owner refuses to cooperate in disclosing the password. The seizure came about after an investigation into covert crypto-malware installations over two years ago. The fraudster at the heart of

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Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police

Cryptocurrency seized by U.K. police during investigations will now be securely stored by digital asset manager Komainu.Under a new framework service agreement with the Derbyshire Constabulary on behalf of the National Police Chiefs Council (NPCC) Cybercrime Programme, Komainu will be responsible for providing a more “robust” means to store cryptocurrencies

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Spanish Police Arrest Head of Billion-Dollar Crypto Arbitrage Platform on Fraud Allegations

Spanish National Police have arrested the operator of cryptocurrency arbitrage firm Arbistar 2.0 in a crackdown on the platform that researchers and investors allege to be a massive bitcoin Ponzi scheme.The arrest should serve as a reminder to crypto investors of the value bitcoin’s traceable blockchain provides to investigators. While

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