FBI
The FBI has placed Sim Hyon-sop on its wanted list, accusing him of laundering cryptocurrency on behalf of North Korea. The move is part of a broader international investigation into DPRK-linked sanctions evasion.
U.S. prosecutors say the virtual currency platform E-Note has moved more than $70 million tied to cybercrime since 2017, and the FBI has seized the exchange in a criminal probe.
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.
The FBI has confiscated more than $2.4 million in Bitcoin from a member of the Chaos ransomware group, marking a significant victory in the fight against cybercrime. The seizure highlights the challenges cybercriminals face despite using cryptocurrencies for anonymity.
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.