Authorities – Coin HD

Authorities Bust $232M Crypto Scam in South Korea, Arrest 215 Suspects

Leave a Comment / Authorities, Crypto / Avery Clarkson

South Korean authorities have arrested 215 individuals in connection with a massive cryptocurrency investment scam worth an estimated 325.6 billion won – around $232 million. The arrests, led by the Anti-Corruption and Economic Crime Investigation Unit of the Gyeonggi Southern Provincial Police, involve employees of a fraudulent investment consulting firm and its founder, who happens […]

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Thai Law Authorities Raid Illegal Bitcoin Mining Facility: Report

Leave a Comment / Authorities, Illegal / Nisha

Thailand’s law authorities recently raided a house occupied by a company running Bitcoin mining operations. According to the South China Morning Post’s coverage, the illegally operated Bitcoin mining activities triggered frequent power outages in the vicinity for over a month. Illegal Bitcoin Mining Operations Bitcoin, the leading cryptocurrency, uses a proof-of-work (PoW) consensus mechanism. This

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US Authorities Are Going After These Crypto Entities

Leave a Comment / Authorities, Going / azlan90

Over time, the United States government, through its regulatory agencies, has filed cases against several crypto firms, demanding compliance for their products and services. While the list is extensive, some cases have stood out, like lawsuits against decentralized protocols like Uniswap, crypto mixing platforms like Tornado Cash, and big firms like Binance and Coinbase. The

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Thailand Authorities Seize Over $5M Worth of Crypto Mining Devices in Electricity Theft Investigation

Leave a Comment / Authorities, Thailand / azlan90

Last updated: April 29, 2024 02:10 EDT | 1 min read Thai authorities recently cracked down on a crypto mining operation suspected of stealing electricity. The raid in Samut Sakhon and Ratchaburi netted over 650 mining devices valued at more than 200m baht (about $5m). Acting on tip-offs about unusually high electricity use, officials from

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Hong Kong Authorities Arrest Over 72 in Connection to JPEX Scandal

Leave a Comment / Arrest, Authorities / azlan90

Hong Kong authorities have arrested over 70 individuals linked to the HK$1.6 billion JPEX cryptocurrency scandal that shook the city-state. According to the latest report by SCMP, approximately HK$230 million – worth around $29.37 million – in assets has been frozen, as disclosed by Police Commissioner Raymond Siu Chak-yee. Hong Kong Authorities Crack Down on

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Ukrainian Authorities Level Up with Advanced Training in Virtual Asset and Crypto Probes

Leave a Comment / Authorities, Ukrainian / Avery Clarkson

14 Ukrainian officials underwent specialized training in the investigation of modern financial crimes during a course held in Vienna, Austria, from November 14 to 17. The Organization for Security and Co-operation in Europe (OSEC) reported that a group of supervisory and law enforcement officials from Ukraine was exposed to advanced methods and tools essential for

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