Investigation

With New Zealand Exchange Cryptopia in the midst of a liquidation process, hackers seem to consider it an easy victim. Despite it being under the supervision of Grant Thornton liquidators, criminals have stolen over $40,000.

The anti-terrorist squad and state police of Riga, Latvia, have arrested a man who was planning to kidnap and kill two people to steal their cryptocurrencies worth half a million euros.

Japanese police are going to confiscate cryptocurrency funds stolen during the Coincheck hack. If successful, this will be the first digital currency confiscation of the kind in the country.

Officers of the Cybersecurity Department of Latvian Police exposed the activity of an organized gang of cybercriminals. During the operation, the law enforcers confiscated cash and cryptocurrency in the amount exceeding 110,000 Euro.

According to January 14 reports from a source close to the matter, a team from the intelligence and security service of the U.S. known as the Federal Bureau of Investigation (FBI), has decided to work with interested Bitcoin traders who lost their funds to the obsolete Canadian cryptocurrency exchange QuadrigaCX so as it can gather more facts and evidence regarding the main cause of exchange’s downfall.

An unidentified message was sent to the Russian Railways intimidating with thrilling violence of bombing stations if a named amount of cryptocurrency in bitcoin worth $642,815 (50 BTC or approx. 30 million rubles) aren’t transferred to them as soon as possible. The event has tempted the country’s police to start the investigation into the matter.

The Federal Bureau of Investigation (FBI), the United States (US) principal federal law enforcement agency, has started investigations into the alleged hack attempt on a blockchain-powered voting app in the 2018 midterm polls in West Virginia. The event has put the future of Voatz at stake notwithstanding securing funds of around $7 mln to upgrade its distributed ledger technology (DLT) voting app.

The national authorities have developed a new vision regarding initial coin offerings (ICOs). The investigation process into Korean crowdfunding platforms took nearly 3 months to form a thorough understanding of the fintech market in the country. As a result, it turned out that many companies have bypassed the ICO ban by moving business overseas.

Firms from Russia and several parts of the former Soviet Union have allegedly turned the tiny nation of Estonia into a money laundering haven. An ongoing investigation into the Estonian branch of Danske Bank is combing through a large $150 Bn that may have been largely involved.