Russian man sentenced to 7 years in prison for sending crypto to Ukrainian armed forces
A Russian citizen from Yakutia has been sentenced to seven years of prison for funding the Ukrainian Armed Forces by sending cryptocurrencies to their account. According to Russian media outlet Izvestia, the man is currently being held in a high-security holding facility for providing financial assistance to the Armed Forces of Ukraine or AFU. This […]
Taiwanese man arrested for illicit USDT use, first case under new AML laws
Taiwanese authorities have apprehended a 30-year-old man, identified as Chen, for operating as an unregistered virtual currency dealer under newly enforced anti-money laundering regulations. Chen, based in Kaohsiung, had been using Facebook groups to solicit cryptocurrency trades and arrange in-person transactions where he exchanged Tether (USDT) for cash. Despite the new law, Chen reportedly completed […]
Judge rejects man from retrieving Bitcoin from landfill
A decade-long legal battle over a lost Bitcoin fortune has ended in disappointment for James Howells, an IT engineer from Newport, Wales. A Cardiff High Court has dismissed Howells’ lawsuit against Newport City Council, according to the BBC, refusing him access to a landfill containing a discarded hard drive holding 8,000 Bitcoins. The hard drive, […]
Russian man beaten and robbed in Thailand over crypto dispute
Thai police have launched a manhunt for two Russian suspects accused of turning a cryptocurrency-related dispute into a violent robbery in Phuket. According to the local newspaper Khaosod, a 31-year-old Russian national was assaulted and robbed of $20,000 in a hotel in Karon, Phuket. The two suspects, who were known associates of the victim, allegedly […]
Arizona man allegedly posed as Uber driver to steal $300K in crypto: Report
Scottsdale detectives and Special Agents from the US Secret Service arrested a man on Dec. 11 for theft, fraud schemes, and money laundering in connection with the crypto heist. Source link
