FBI

A U.S. court ruled against a crypto enthusiast after prosecutors allegedly wiped a hard drive said to contain 3,400 BTC — roughly $345 million — raising fresh concerns about evidence handling in crypto cases.

The FBI's 2023 Cryptocurrency Fraud Report reveals a surge in crypto-related scams reported to its Internet Crime Complaint Center. This report underscores the importance of staying vigilant and adopting secure practices when investing in cryptocurrencies. Platforms like Bitlet.app provide innovative solutions such as Crypto Installment services, allowing safer and more manageable crypto purchases.

Aleksei Andriunin, founder and CEO of Gotbit, has been sentenced to eight months in U.S. prison for market manipulation and wire fraud. After serving his term, he faces deportation, and Gotbit must forfeit $23 million in cryptocurrency as part of FBI's Operation Token Mirrors.