Russia Shuts Down Nine Crypto Exchanges in Moscow Over Fraud Allegations
The Russian Federal Security Service has dismantled nine unregistered crypto exchanges in Moscow, linking them to fraudulent activities involving Ukrainian call centers.
Tag money laundering
Arrest of Alleged Dream Market Administrator Raises Questions
Owe Martin Andresen, suspected of running the Dream Market, faces charges in the US and Germany for money laundering.
Grinex Exchange Halts Operations Following $13.74 Million Cyber Attack
The Grinex cryptocurrency exchange has suspended its operations after a significant hack attributed to foreign intelligence agencies, resulting in a loss of over 1 billion rubles.
DoJ Seizes $61 Million in Tether Linked to Pig Butchering Crypto Scams
The U.S. Department of Justice has seized $61 million in Tether connected to fraudulent cryptocurrency schemes known as pig butchering, which exploit victims through social engineering tactics.
