Crime

U.S. federal prosecutors have charged Jorge Figueira, a 59-year-old Venezuelan national, with orchestrating an alleged $1 billion crypto-enabled money-laundering operation, marking what authorities describe as one of the most significant cases of its kind ever pursued by the Justice Department.

China’s former digital yuan architect, Yao Qian, is facing serious corruption charges after Chinese state media revealed that he allegedly accepted more than $8 million in crypto bribes while holding senior regulatory positions.

South Korean authorities have broken up a Cambodia-based criminal syndicate that defrauded victims of more than $1.93 Billion Korean Won using the narrative of being associates of billionaire Elon Musk and offering interested investors a share of SpaceX.

A massive hack has struck Trust Wallet, one of the most widely used crypto wallets, resulting in estimated losses exceeding $6 million.

The U.S. Securities and Exchange Commission has confirmed that the former FTX Executives including Gary Wang, Nishad Singh, and Alameda Research CEO Carolien Ellison will be barred from serving in corporate leadership roles for the next decade.

Jarett Dunn, the Pump.fun developer who stole an estimated $2 million worth of Solana from his then employee, which is later donated to thousands of random addresses, was sentenced to six years in prison by a London judge.

Researchers from the Global Initiative Against Transnational Organized Crime (GI-TOG) have accused the Central African Republic's government of exploiting ordinary citizens to push for cryptocurrency in order to further its own political agenda and support criminal activities.

Hong Kong Prosecutors have asked for more time to organize the sprawling evidence collected during the two-year investigation.

Spanish law enforcement has arrested five people linked to a brutal kidnapping and murder in Málaga earlier this year, believed to be part of a “wrench attack”—a violent tactic used to force victims to hand over access to their cryptocurrency wallets. Authorities in Denmark have also charged four additional suspects connected to the case.

Hollywood director Carl Rinsch has been convicted in U.S. federal court after prosecutors showed he diverted $11 million in Netflix production funding into cryptocurrency trading, using money intended for a sci-fi series to fuel speculative bets and personal spending.