Category: Crimes

Bitcoin theft is likely to surge in meager post-COVID economy: report

Bitcoin theft is likely to surge in meager post-COVID economy: report

Cybercriminals may favor a different cryptocurrency in the coming months, however. 773 Total views 6 Total shares Cryptocurrency-related fraud and theft are likely to grow in the post-COVID-19 world, according to a new report by cybersecurity and anti-virus provider, Kaspersky Lab. Securelist, Kaspersky’s cyberthreat research arm, published a report on cyberthreats to financial organizations, forecasting […]

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Exchanges outdo auctions for governments cashing in criminal crypto, says exec

Exchanges outdo auctions for governments cashing in criminal crypto, says exec

Earlier this week, Lithuania’s tax service, the Lithuanian State Tax Inspectorate, added $7.6 million dollars to the state budget through the sale of cryptocurrencies seized in criminal investigations.  The occasion marked the first time that the Lithuanian government liquidated confiscated cryptocurrencies. In doing so, the country joined the growing number of jurisdictions worldwide that have […]

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The long arm of justice: How far can the DoJ really go in prosecuting foreign actors?

The long arm of justice: How far can the DoJ really go in prosecuting foreign actors?

In early October, the U.S. Department of Justice revealed its Cryptocurrency Enforcement Framework, a report laying bare the government’s vision for emerging threats and enforcement strategies in the cryptocurrency space. The document is an important source of insight into how the laws governing digital finance will be soon implemented on the ground. One of the […]

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UN drugs and crime wing advises Kenya to use blockchain against corruption

UN drugs and crime wing advises Kenya to use blockchain against corruption

Blockchain can reportedly return billions of dollars back to Kenya’s budget. 3616 Total views 43 Total shares Blockchain technology can help countries like Kenya from losing billions of dollars to corruption, according to an official at the United Nations’ drugs and crime agency. David Robinson, the regional anti-corruption advisor at the UN’s Office on Drugs […]

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