Law Enforcement

South African Regulator Raids Home of Key Members of an Alleged Crypto Ponzi Scheme

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/387428″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/10/bitcoin-exchange-banner-8.png” alt width=”728″ height=”90″></a></div><strong>A South African regulator along with the country’s police have reportedly seized electronics devices and computers belonging to two principal members of Mirror Trading International (MTI), an alleged bitcoin Ponzi scheme. The raid at Clynton and Cheri Marks’ …

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P2P Trading Resumes on Okex While Withdrawals Freeze Still in Effect: Tron Foundation Announces Cashout Plan for TRX Holders

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/411174″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/10/daw_1456x360-37.jpg” alt width=”1456″ height=”360″></a></div><strong>Asian cryptocurrency exchange Okex says peer to peer trading is now open but the freeze on withdrawals remains in effect. In an update, Okex CEO Jay Hao reveals that buying cryptocurrency via the fiat gateway is now active …

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Okex Halts Withdrawals Due to ‘Out of Touch’ Private Key Holder, Founder Star Xu Talks With Police

Interest in Bitcoin Soars in Egypt Amid Economic Crisis and Unemployment A growing number of Egyptians are reportedly turning to bitcoin amid rising unemployment and the economic crisis. An Egyptian bitcoin community is seeing a huge spike in the number of members interested in bitcoin mining and trading. Egyptians Increasingly Attracted … read more. UK …

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FBI sent a team to ‘exploit’ Portland protesters’ phones

REUTERS/Caitlin Ochs TPX IMAGES OF THE DAY Federal agents tend to focus their phone cracking efforts on terrorists, but they appear to have shifted their attention to civil disobedience. NYR Daily has learned that the FBI sent its “Fly Team” counterterrorism unit to Portland in mid-July to conduct the “initial exploitation” of phones and other …

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While Darknet Users Search for New Markets, Global Law Enforcement Reveals Mass Arrests

During the last month since the fall of Empire Market, darknet market (DNM) patrons have been migrating to alternative markets. Meanwhile, global law enforcement recently arrested 179 individuals tied to DNMs and seized over $6.5 million in cryptocurrency and cash proceeds. It hasn’t been a good month for DNM users after the fall of Empire …

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Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered

According to the Kucoin exchange CEO Johnny Lyu, the trading platform has recovered $204 million in crypto assets since October 1. The exchange executive says the hacking suspects have been “found” and the “police are officially involved” in order to take action. On September 25, 2020, the crypto community found out that the Kucoin exchange …

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Onecoin Victims Join Petition Seeking Establishment of European Crypto Fraud Compensation Fund

Onecoin victims have joined a consortium that wants the European Parliament to consider a petition seeking the establishment of a compensation fund. The envisioned EU-administered fund will function as an insurance kitty for current and future victims of all crypto fraud. The petitioners are proposing the levying of an “unnoticeable” fee of 0.0001 cent per …

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Amazon’s data request portal for police is visible on the web

Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images You might not have to wonder just what data police can request from Amazon — some of those details just became public. TechCrunch has discovered that parts of Amazon’s law enforcement request portal are visible to anyone on the web without requiring a login. They show what officers need …

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Forex Strapped Nigeria Designates Crypto Assets as Securities

The Securities and Exchange Commission (SEC) of Nigeria has designated crypto assets as securities as the authorities step up efforts to regulate Africa’s largest cryptocurrency market. The SEC says the classification of crypto assets for regulation is consistent with the country’s investment and securities laws of 2007. In a statement released Sept. 14, the SEC …

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Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case

South Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of an investigation of fraud allegedly committed by the organization’s main shareholder. With the recorded number of visitors to the platform touching 4.11 million between May and July, Bithumb is the largest exchange in the country. According to a local …

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