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CRIME

Heather 'Razzlekhan' Morgan sentenced to 18 months for role in Bitfinex heist: Bloomberg

Heather Morgan was sentenced to 18 months for her minor role in the Bitfinex hack; her husband received five years for money laundering. Both pleaded guilty.

theblock.co • 18/11/2024 - 19:51 PM

Bitfinex hacker Ilya Lichtenstein sentenced to five years in prison for attempting to launder 120,000 bitcoin

Ilya Lichtenstein was sentenced to five years for the 2016 Bitfinex hack and money laundering. His wife awaits sentencing, having played a lesser role.

theblock.co • 14/11/2024 - 22:40 PM

CRIME

Body found in Montreal park identified as kidnapped 25-year-old crypto influencer: reports

Canadian authorities confirmed the identity of cryptocurrency influencer Kevin Mirshahi, whose body was found after his abduction and suspected murder in June 2024.

theblock.co • 13/11/2024 - 22:47 PM

CRIME

South Korea arrests 215 individuals in $232 million crypto fraud scheme

South Korean police have arrested 215 people who took part in a crypto investment scheme that led to losses of over $232 million in damages from 15,304 victims. Investigators have specified twelve lead figures in the crypto scheme. It was primarily led by a YouTuber with over 620,000 subscribers. Victims were advised to “sell their apartments” and invest in fraud tokens with everything they had.

theblock.co • 13/11/2024 - 10:32 AM

China and St. Kitts and Nevis dual citizen pleads guilty in $73 million 'pig butchering' crypto scam

Daren Li pleaded guilty to money laundering in a $73 million cryptocurrency scheme involving fraudulent investment tactics known as 'pig butchering.'

theblock.co • 13/11/2024 - 10:12 AM

CRIME
FTX

FTX co-founder Gary Wang seeks to avoid prison time ahead of sentencing

Gary Wang's lawyer argues against prison time, citing cooperation and ignorance of FTX fraud. Wang anticipates sentencing while managing personal challenges and his family's financial stability.

theblock.co • 06/11/2024 - 23:17 PM

CRIME
FTX

Former FTX exec Nishad Singh avoids prison time after cooperating with authorities in crypto exchange collapse: reports

Nishad Singh, FTX's ex-engineering director, avoids prison after pleading guilty to fraud, cooperating against Bankman-Fried, while FTX navigates bankruptcy and recovery for creditors.

theblock.co • 30/10/2024 - 20:18 PM

The Daily: DWF Labs dismisses partner amid drink spiking allegations, Bhutan's government moves $66 million in bitcoin to Binance and more

DWF Labs dismisses a partner over serious allegations, Bhutan transfers $66 million in bitcoin, a hacker exploits an account, and Consensys lays off 20% of its workforce.

theblock.co • 29/10/2024 - 18:45 PM

CRIME
SEC

Prosecutors expected to offer plea deal to alleged SEC hacker who falsely said Bitcoin ETFs were approved

U.S. prosecutors may offer a plea deal to Eric Council Jr., accused of hacking the SEC's social media account, resulting in a false bitcoin ETF announcement and market manipulation.

theblock.co • 25/10/2024 - 16:37 PM

US sentences man to 5 years in prison for $20 million crypto fraud involving fake Coinbase website

An Indian national, Chirag Tomar, was sentenced to 60 months in prison for stealing over $20 million from victims using a spoofed Coinbase website.

theblock.co • 18/10/2024 - 09:38 AM

Currency