Articles in Category CRIME

An $11 Billion Crypto Scam Linked to Cambodia's Elite
Linda Brown - July 11, 2024
An $11 Billion Crypto Scam Linked to Cambodia's Elite

A recent investigation has unveiled a massive crypto scam operation, allegedly tied to Cambodia's ruling family. Huione Guarantee, an online marketplace, is reportedly facilitating crypto scam software and money laundering services, according to blockchain analytics firm Elliptic.

CRIME
NEWS
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The Rise and Fall of BitConnect: Exploring One of the Biggest Ponzi Schemes in the Crypto World
Robert Garcia - July 7, 2024
The Rise and Fall of BitConnect: Exploring One of the Biggest Ponzi Schemes in the Crypto World

In the fast-paced world of cryptocurrency, where fortunes can be made and lost in the blink of an eye, the story of BitConnect stands out as a cautionary tale. Once hailed as a revolutionary platform promising extraordinary returns, BitConnect's rise and subsequent fall revealed the dark side of crypto investments, ultimately exposing it as one of the largest Ponzi schemes in the crypto world.

CRIME
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Costa Rica Arrests Group for Bitcoin Money Laundering
Robert Garcia - June 29, 2024
Costa Rica Arrests Group for Bitcoin Money Laundering

In Costa Rica, 36 individuals linked to a criminal organization involved in money laundering through cryptocurrencies were arrested. The investigation spanned approximately two and a half years, culminating in the arrest of 36 out of 50 suspects. Over 40 raids led to the confiscation of buses, vehicles, and a weapon.

CRIME
NEWS
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