Japanese Police Arrests 18-Year Old Hacker for Stealing $134,000 in Monacoin

Local prosecutors in Japan have charged an 18-year old male with cryptocurrency theft. Per a report published in a local news outlet, the Metropolitan Police Department (MPD) of Japan are accusing the young adult of stealing 15 million Yen ($ 134,310) worth of stealing MonaCoin (MONA)—a Litecoin hard fork. According to the report, this is the first time local authorities have charged a hacker for crypto theft in Japan. The young hacker is accused of breaching Monappy, an online wallet service used by crypto investors to store their digital assets last year. The teenager reportedly took advantage of the website’s vulnerability,

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Australian Police Arrests Bitcoin Exchange Operator for Running a Drug Ring

The Australian Federal Police arrested a 27-year bitcoin exchange operator for running a drug distribution ring. The investigation dates back to 2017 when the AFP had arrested two Victorian men for importing drugs to Australia. The agency reportedly continued their probe, which led them to reveal an email-based drug trafficking organization operating out of Australian suburbs Bulleen, Templestowe Lower, and Malvern. The AFP raided these premises and seized steroids, money and what it called “cryptocurrency-related items.” Following the arrest, the AFC charged the accused drug trafficker for importing, trafficking and possessing 66 pounds of banned drugs, including MDMA, methamphetamine, cocaine,

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DEA Arrests French Dream Vendor “OxyMonster” (deepd.tw)

According to DEA Special Agent Austin Love, probable cause existed to arrest a French citizen who has travelled to the United States to compete in a beard contest. The suspect, 38-year-old Gal Vallerius had landed at the Atlanta International Airport when law enforcement agents conducted a border search of Vallerius’s laptop. His laptop contained a private PGP key that belonged to a Dream Market and Traderoute

Bitcoin

Danish Police Surveil the Blockchain to Make Arrests (news.bitcoin.com)

Danish law enforcement have arrested drug traffickers after an investigation that included surveilling the blockchain, according to the regional publication Berlingske. The Danish police’s cyber crime unit NC3 claim they have made arrests based on criminal activity tracked via bitcoin transactions. 
Law enforcement officials are indeed working…

Bitcoin

FinTech Startup Says Law Enforcement Is Ramping Up Ransomware Arrests

Chainalysis has stated that ransomware arrests will soon take place targeting cyber criminals behind ransomware attacks. Rise of Ransomware Attacks Over the past six months, ransomware attacks have become an issue to government, business and healthcare organizations. In January, CCN reported that three banks and a pharmaceutical company in India had been targeted by a […]

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FBI Arrests U.K. Politician Ally for Crimes including Extorting Bitcoin

George Cottrell, an ally to U.K. politician Nigel Farage, has been arrested by the FBI on charges of laundering drug money and asking drug dealers to pay him 62,000 pounds in bitcoin, according to The Telegraph, a U.K.-based newspaper. Cottrell was in custody awaiting trial on 21 charges that include money laundering, fraud, and attempted extortion. […]

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