All news on the topic: Cryptocurrency
622
The total losses from the LastPass-linked crypto theft have now exceeded $250 million following the latest incident, which saw $5.4 million stolen
Crypto holders urged to act as attackers leverage 2-years old LastPass breach to drain millions despite strong encryption claims.
675
South Korean crypto boss Do Kwon to be extradited to the US
South Korean cryptocurrency entrepreneur Do Kwon will be extradited to the United States from Montenegro over the collapse of two digital tokens - TerraUSD and Luna tokens.
711
How Bohdan Prylepa’s Coinsbit exchange became a tool for a multi-billion fraud scheme
The dealer who embezzled a billion from the military and is suspected of working for the FSB mistakenly believes he is untouchable.
765
A large-scale crypto exchange scam with Coinsbit and Qmall: Bohdan Prylepa suspected of fraud and money laundering
Bohdan Prylepa, the owner of cryptocurrency exchanges Coinsbit, Qmall, and others, has been placed on Ukraine’s wanted list over allegations of large-scale fraud and misappropriation of clients’ funds exceeding one billion hryvnias.
846
Bohdan Prylepa’s crypto ventures: failed exchanges and billion-dollar losses
Bohdan Prylepa’s name has sparked significant controversy in recent months: some accuse him of defrauding tens of thousands of Ukrainians and embezzling volunteer funds, while others argue he is a victim of fabricated attacks.
899
WeWay, WhiteBIT and Qmall: projects by Ukrainian fraudsters Mykola Udyanskyi and Bohdan Prylepa that turned into crypto bubbles
The owners of the Qmall crypto exchange have stooped from bandit "raids" to petty "show-offs".
568
Russian ’cryptocurrency king’ in custody: Polish court to decide whether to extradite him to the US
The court has arrested Dmitry V., who was detained in Warsaw and prosecuted by the US for fraud while running one of the largest cryptocurrency exchanges in the world, for 60 days.
755
The Qmall cryptocurrency exchange has been recognized as a scam: its owner, Bohdan Prylepa, who withdrew billions, has been declared wanted
According to Entrepreneur, the situation with cryptocurrency exchanges is growing increasingly concerning.
623
US Supreme Court tosses case involving securities fraud suit against Nvidia
The U.S. Supreme Court sidestepped on Wednesday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing artificial intelligence chipmaker Nvidia (NVDA.O), opens new tab of misleading investors about how much of its sales depended on the volatile cryptocurrency market.
700
UK bans ’unauthorised’ crypto website
A website that allows anyone to create their own cryptocurrency in a couple of clicks has been banned in the UK.
1444
Multi-billion-pound Russian money-laundering operation uncovered with ties across the UK
The UK’s NCA has led an international crackdown on the "unprecedented" money-laundering operation which swapped cash from British street-level drug deals for cryto from elite Russian hackers
622
US targets crypto firm over alleged $115M investor fraud
U.S. authorities pursue claims of $115 million investor fraud, alleging cryptocurrency mining funds were misused and falsely marketed as low-risk opportunities.
812
Bitcoin miner sues over £600m ’lost in tip’ dispute
A man trying to recover a Bitcoin hard drive in a landfill site which he says is now worth about £600m is "seeking to bribe the council", it has been claimed in court.
672
Man who bought banana art for 6.2 million dollars eats the fruit in Hong Kong
Last week, Mr Sun, founder of cryptocurrency platform Tron, made the winning bid at the Sotheby’s auction in New York.
788
FTX files lawsuit against Binance over transactions linked to Sam Bankman-Fried
Collapsed crypto hedge fund FTX has launched legal action against the largest cryptocurrency exchange Binance, seeking the return of almost $1.8bn (£1.4bn) allegedly transferred fraudulently.
848
We Are All Satoshi fraud warning from QC, Canada
We Are All Satoshi has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF).
659
Wall Street and bitcoin soar to record highs as Trump wins US election
Dollar up and renewable energy stocks down, while shares in president-elect’s media business rise by more than a third
838
Bitcoin hits a new record of £58,000 just hours after odds shortened on a Trump win
Bitcoin has reached its highest-ever value as Donald Trump moves closer to an election win.
936
Scammer accused of stealing 4,100 Bitcoin has appeared in U.S. court on charges of wire fraud
Malone Lam and co-conspirator exploited victim’s trust through fake support calls, extracting over $274 million in crypto.
762
Chinese OTC trader has been connected to laundering millions for North Korean hackers
Blockchain investigator ZachXBT detailed how the Chinese trader had been helping Lazarus Group launder funds since 2022.
795
Payza’s Firoz Patel pleads guilty to obstruction after hiding $24 million
After pleading guilty to money laundering charges, Firoz Patel’s plan seems to have been do a bit of jail time and then live off $24 million in stashed bitcoin.
761
Alleged Hong Kong crypto swindler linked to Singapore money laundering syndicate
Su Weiyi faces charges of theft in Hong Kong in relation to the 2022 collapse of the cryptocurrency platform Atom Asset Exchange.
645
Indian authorities seize $5.6 million in BitConnect assets
Authorities in Gujarat have seized another 47.7 crore worth of assets tied to BitConnect (~$5.6 million).
832
FBI’s token sting operation faces copyright controversy over misuse of MIT license
The US FBI was accused of copying software for secret crypto market trap.
954
Cryptex crypto exchange under attack: Major arrests and money laundering allegations emerge
Last week, Russian security forces carried out a large-scale operation to detain individuals associated with the illegal activities of the cryptocurrency exchange Cryptex and the anonymous payment system UAPS
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