Cryptocurrency Case

In its first ever raids in the Union Territory of Ladakh, the Enforcement Directorate on Friday conducted searches as part of its money laundering probe linked to a fake cryptocurrency operator, officials said.

Two merchant navy officers were among three arrested in a cryptocurrency theft case and around Rs 2.5 crore, including Rs 1.25 crore in cash and the remaining in digital currencies, was recovered, police said on Friday.

The Enforcement Directorate on Wednesday said it has arrested a Delhi-based man on money laundering charge as his company allegedly sold cryptocurrencies worth more than Rs 1,800 crore.

The Malaysian federal agency Inland Revenue Board (IRB) reportedly conducted raids at multiple locations having identified firms that were not said to not be reporting their crypto-related engagements. The authorities in the country are trying to curb cases of tax evasion overall.

The Macau Judiciary Police had invited Binance to train officers part of the Criminal Investigation Department and gaming-related Economic Crimes Investigation Department. Because the sector is considerably young, law enforcement agencies around the world have experienced issues in Web3-related investigations.

Amanda Pritchard, Chief Executive of the UK's National Health Service (NHS), has sounded an alert about the rising cases of crypto trading addiction. Pritchard is concerned if the rising cases of crypto-related gambling are not controlled in time, they could pose a risk to members of UK’s crypto community and the financial stability of the count...

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam".

The Academy of Blockchain and AI Innovation (ABAII) was recently launched in Vietnam to educate tech students on the potential use cases of blockchain and AI in sectors like banking, data analysis, as well as digital economy and finance. Vietnam is ramping up efforts to join other Asian nations like India, Japan, China, and South Korea in exploring...

The founder of cryptocurrency firm Binance was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed.

Arming up to tackle this expected rise in crypto tax evasion cases, the IRS in the US is already forging partnerships with several law enforcement divisions to improve the criminal identification process.

Fallen cryptocurrency wunderkind Sam Bankman-Fried has appealed his federal conviction and 25-year jail sentence in a sweeping fraud case, according to a legal filing made public Thursday.

In India, the web3 sector showed expansion in 2023. A report published by Hashed Emergent claimed that projects around Web3-compatible finance, entertainment, and infrastructure services are garnering the attention of venture capitalists towards India.

The RBI has decided to expand ways to distribute the CBDC within the retail ecosystem. Until now, India's CBDC distribution was being tested by banks that are part of its trials but soon third-party payment operators like Google Pay and PhonePe will also be able to distribute the CBDC.

He was found guilty of multiple counts of fraud in 2023 after the spectacular crash of his cryptocurrency exchange FTX.

Disgraced cryptocurrency wunderkind Sam Bankman-Fried was sentenced to 25 years in jail on Thursday following his conviction in one of the biggest financial fraud cases in history.

In its first ever raids in the Union Territory of Ladakh, the Enforcement Directorate on Friday conducted searches as part of its money laundering probe linked to a fake cryptocurrency operator, officials said.

Two merchant navy officers were among three arrested in a cryptocurrency theft case and around Rs 2.5 crore, including Rs 1.25 crore in cash and the remaining in digital currencies, was recovered, police said on Friday.

The Enforcement Directorate on Wednesday said it has arrested a Delhi-based man on money laundering charge as his company allegedly sold cryptocurrencies worth more than Rs 1,800 crore.

The Malaysian federal agency Inland Revenue Board (IRB) reportedly conducted raids at multiple locations having identified firms that were not said to not be reporting their crypto-related engagements. The authorities in the country are trying to curb cases of tax evasion overall.

The Macau Judiciary Police had invited Binance to train officers part of the Criminal Investigation Department and gaming-related Economic Crimes Investigation Department. Because the sector is considerably young, law enforcement agencies around the world have experienced issues in Web3-related investigations.

Amanda Pritchard, Chief Executive of the UK's National Health Service (NHS), has sounded an alert about the rising cases of crypto trading addiction. Pritchard is concerned if the rising cases of crypto-related gambling are not controlled in time, they could pose a risk to members of UK’s crypto community and the financial stability of the count...

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam".

The Academy of Blockchain and AI Innovation (ABAII) was recently launched in Vietnam to educate tech students on the potential use cases of blockchain and AI in sectors like banking, data analysis, as well as digital economy and finance. Vietnam is ramping up efforts to join other Asian nations like India, Japan, China, and South Korea in exploring...

The founder of cryptocurrency firm Binance was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed.

Arming up to tackle this expected rise in crypto tax evasion cases, the IRS in the US is already forging partnerships with several law enforcement divisions to improve the criminal identification process.

Fallen cryptocurrency wunderkind Sam Bankman-Fried has appealed his federal conviction and 25-year jail sentence in a sweeping fraud case, according to a legal filing made public Thursday.

In India, the web3 sector showed expansion in 2023. A report published by Hashed Emergent claimed that projects around Web3-compatible finance, entertainment, and infrastructure services are garnering the attention of venture capitalists towards India.

The RBI has decided to expand ways to distribute the CBDC within the retail ecosystem. Until now, India's CBDC distribution was being tested by banks that are part of its trials but soon third-party payment operators like Google Pay and PhonePe will also be able to distribute the CBDC.

He was found guilty of multiple counts of fraud in 2023 after the spectacular crash of his cryptocurrency exchange FTX.

Disgraced cryptocurrency wunderkind Sam Bankman-Fried was sentenced to 25 years in jail on Thursday following his conviction in one of the biggest financial fraud cases in history.