Polish police confirm WEX owner arrest as $29M in associated ETH move for first-time
Police Polish

Polish police confirm WEX owner arrest as $29M in associated ETH move for first-time

Home » Business » Polish police confirm WEX owner arrest as $29M in related ETH move for first time Authorities in Poland have confirmed the arrest of the man who operated WEX digital currency exchange. The exchange, which was the successor of the infamous BTC-e, reportedly went down with over $400 million in investor funds.…

Taiwan police arrest 14 over alleged Ethereum expense scam
Police Taiwan

Taiwan police arrest 14 over alleged Ethereum expense scam

Police in Taiwan have arrested a ring of criminals who allegedly lured over 100 investors into their Ethereum investment scam. Authorities said the suspects relied on false information and photos of beautiful women on social media platforms and their website to lure their victims, which were described as older males. The 14 are alleged to…

Brazilian police seize record $29M in alleged electronic currency investment scam
Brazilian Police

Brazilian police seize record $29M in alleged electronic currency investment scam

Home » Business » Brazilian police seize record $29M in alleged digital currency investment scam Brazilian police have seized close to $29 million in digital currencies in what’s being described as the biggest seizure of its kind in the country’s history. The police seized the funds from a BTC consultancy that lured investors with promises…

Australian Police Makes Record Crypto Seizure With Dark Web Drug Bust
Australian Police

Australian Police Makes Record Crypto Seizure With Dark Web Drug Bust

Source: AdobeStock / NedroflyAustralia’s Victoria Police have collected close to AUD 8.5m (USD 6m) worth of cryptocurrency in its recent clampdown on dark web drug trafficking. The bust, which targeted a number of properties in the country’s south-eastern state of Victoria, is said to be Australia’s biggest crypto seizure to date. During the raids, Australian…

London police seize $250M in largest digital foreign currency haul in United kingdom
London Police

London police seize $250M in largest digital foreign currency haul in United kingdom

Home » Business » London police seize $250M in largest digital currency haul in UK The Metropolitan Police have seized £180 million (US$249 million) in digital currencies in what’s being labeled as the largest digital currency haul in the U.K. and among the largest globally. The money is alleged to be the proceeds of a…

Met Police desire for crackdown on digital asset cash laundering
crackdown Police

Met Police desire for crackdown on digital asset cash laundering

Home » Business » Met Police urge for crackdown on digital asset money laundering London’s Metropolitan Police are lobbying the U.K. government to legislate to make it tougher for criminals to use and transfer digital assets, according to Detective Chief Superintendent Michael Gallagher. Gallagher, who is retiring this year, told The Times that “cryptocurrency, and…