Bitcoin Dominates $75B in Criminal Wallets, Says Chainalysis
TLDR: Public crypto wallets tied to crime now hold $75B, most from stolen funds and scams. Bitcoin remains the top choice, making...
Illicit Crypto Holdings Top $75B as Bitcoin Dominates: Chainalysis
Chainalysis has estimated nearly $15B in balances held by illicit entities and more than $60B downstream, noting bitcoin’s value s...
Chinese Woman Convicted in UK for Leading $6.9B Bitcoin Scam
Qian defrauded more than 128,000 victims in China between 2014 and 2017, subsequently storing her spoils in BTC and fleeing to the...
UK Bitcoin Seizure Worth £5bn Leads to Guilty Plea in Major Cryptocurrency Fraud
TLDR Zhimin Qian (also known as Yadi Zhang) pleaded guilty to a bitcoin fraud affecting 128,000 victims in China Metropolitan Poli...
Tennessee Couple Ordered To Pay Almost $7 Million In Crypto Trading Fraud Scheme
A married couple from Tennessee has been ordered to pay a penalty of nearly $7 million for fraud involving a commodity pool, the C...
Hypervault Rug Pulls $6.3M From Investors, Founder Allegedly Disappears
TLDR: Hypervault allegedly stole $6.3M in crypto, leaving users with empty smart contracts. Nick Olsen, founder, reportedly delete...
Elliptic Warns of Industrial-Scale Pig Butchering Scams Laundering Through Crypt...
The 2025 Typologies Report outlines laundering tactics, mule account patterns and cross-chain transfers.
Operation Lusocoin Recovers R$22M in Crypto as Binance Freezes 30 Wallets
TLDR: Federal Police recovered R$22.5M in crypto with help from Binance and TRM Labs during Operation Lusocoin. Authorities froze...
RCMP Hits TradeOgre With $56M Crypto Seizure: Canada’s Largest Ever Confiscation
TLDR: RCMP seizes $56M CAD in crypto from TradeOgre, marking Canada’s largest seizure in history. TradeOgre lacked FINTRAC registr...
PGI CEO Pleads Guilty After $200M Bitcoin Ponzi Scheme Collapses, 90K Investors...
TLDR: PGI collected over $201M through Bitcoin and cash between 2019 and 2021 before collapsing. Victims are set to receive $62.7M...