Crypto Crime

Recent cooperation by Tether to help freeze $12M in USDT tied to a Southeast Asia scam shows how stablecoin issuers are operational partners in law‑enforcement work. This piece explains on‑chain tracing, freeze mechanics, legal exposures, and what compliance officers should watch for.

The FBI recently seized $2.4 million in Bitcoin from the Chaos Ransomware group, marking a significant victory in the ongoing battle against crypto-related cybercrime. This move highlights the importance of secure crypto management and the role of law enforcement in protecting digital assets.

As cryptocurrency becomes increasingly prevalent, it has also been implicated in a rise in crime rates, including kidnapping cases. Law enforcement agencies are developing new strategies to counter these tactics and protect victims.

North Korea's recent crypto heists totaling $1.34 billion raise significant concerns about global security. These cybercrimes are not just financial; they underscore the need for robust regulatory frameworks and international cooperation in the crypto space.