Breaking: FTX founder Sam Bankman-Fried arrested, set to be extradited to US
Sam Bankman-Fried, the former CEO of the FTX cryptocurrency exchange and founder of Alameda Research, has been arrested and taken into custody by authorities in the Bahamas. According to a letter from the Office of the Attorney General on Dec. 12, Bankman-Fried was arrested by the Royal Bahamas Police Force following formal notification from the […]
Coinbase report shows dramatic increase in law enforcement enquiries worldwide
Coinbase has seen information requests from law enforcement surge over the past year, the cryptocurrency exchange reported in its latest transparency report. The vast majority of the enquiries came from the United States and were tied to criminal investigations. Coinbase’s new transparency report covers the last four quarters ending with September. In that time, the […]
Singapore police warn investors against FTX phishing scams: Report
The Singapore Police Force has warned investors to be weary of fake websites claiming they can help them recover funds from the now-bankrupt cryptocurrency exchange FTX. On Nov. 19, the police issued a warning about a website claiming to be hosted by the United States Department of Justice that prompts FTX users to log in […]
MakerDAO co-founder Nikolai Mushegian dies at 29 in Puerto Rico
Nikolai Mushegian, a co-founder of the cryptocurrency lending platform MakerDAO and the decentralized Dai (DAI) stablecoin, was found dead in Puerto Rico last week. Mushegian died due to drowning after being dragged by sea currents on the Condado beach in San Juan, the local newspaper El Nuevo Día reported. Mushegian had no vital signs by […]
UK police council reports there are officers in every unit trained for crypto enforcement
The detective chief superintendent for the United Kingdom’s National Police Chiefs’ Council has said all police forces in the country have officers trained for investigations involving the enforcement and seizure of cryptocurrencies. In an Oct. 25 parliamentary debate on the U.K. Economic Crime and Corporate Transparency Bill, Andy Gould of the NPCC said that the […]
Polygon powers India police complaint portal, battling corruption
Terra co-founder Do Kwon says he’s not ‘on the run’
Do Kwon, the co-founder of the Terra ecosystem, took to Twitter on Saturday asserting he’s “not ‘on the run’ or anything similar” after the Singapore Police Force (SPF) said Kwon wasn’t in the city-state. On Sept. 14, South Korean authorities issued an arrest warrant for Kwon and five other associates for alleged violations of the […]