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Interpol Collaborates With Cybersecurity Firm to Tackle Cryptojacking

News Interpol has collaborated with cybersecurity firm Trend Micro to reduce cryptojacking affecting MikroTik routers across South-East Asia, according to a Jan. 8 press release. Though the collaboration reduced the number of affected devices by 78 percent, this is unlikely to have made a signific..

Former Bitmain Chip Maker in Police Custody for Alleged Embezzlement

Former Bitmain Technologies chip maker and founder of Bitmain rival MicroBT, Yang Zuoxing, has been reportedly arrested by the Shenzhen police. Yang’s arrest comes amid the ongoing battle between MicroBot and Bitmain, along with the latter’s leadership crisis. On the other hand, another major bitco..

Ex-Bitmain Chip Designer Reportedly Arrested for Alleged Embezzlement

News Yang Zuoxing, formerly a top chip designer for mining hardware giant Bitmain, has allegedly been arrested on suspicion of embezzlement. A Dec. 16 Bloomberg report cites three unnamed sources and a police statement released by prosecutors in Beijing’s Nanshan district on Dec. 12, as evidence ..

Thai Police Arrest 24 Chinese Nationals for Alleged Bitcoin Scam

News Thai immigration officials have arrested 24 Chinese nationals who were running an alleged cryptocurrency scam call center in the Rama III neighborhood of Bangkok. According to an official announcement on Dec. 2, the Immigration Bureau of the Royal Thai Police arrested 24 individuals, seized 6..

Office of Chinese Crypto Exchange BISS Closed, Staff Members Arrested

News Chinese authorities shut down local cryptocurrency exchange BISS and arrested 10 people suspected of being involved in its operations. Local media Sohu reported on the actions undertaken by Chinese authorities on Nov. 22. However, the date at which the event itself took place is unclear. The ..

Netherlands: Police Arrest Founder of Blockchain Startup That Raised Over $80M

News Dutch police have arrested the founder of blockchain game development startup Komodore64 that allegedly raised 78 million euros ($86 million) from investors, business-focused news outlet Sprout reported on Nov. Komodore64 — which launched in June with the objective to create a game platform ..

Russia: New Law Would Let Police Confiscate Bitcoin From 2021

News Russia is planning on creating legal statutes allowing the government to achieve the impossible: confiscation of Bitcoin (BTC). As local financial news outlet RBC reported on Nov. 7 citing sources familiar with the matter, Russia’s interior ministry will work with various state organs to dra..

Indian Police Can’t Move Seized Crypto Due to India’s Anti-Crypto Law

News The police of Pune, a city in the western Indian state of Maharashtra, have sought a court's directive to transfer 85 million Rupees seized from a Bitcoin (BTC) ponzi scheme last year. $1.2 million frozen In an Oct. 3 article by the Times of India, Pune cyber police explained that the va..

British Police to Auction Off $600,000 in Confiscated Bitcoin Today

News The British police are auctioning off half a million sterling ($621,400) worth of seized Bitcoin (BTC), the London Economic reported on Sept. 25. The funds were reportedly seized from a criminal who had offered his hacking services in exchange for Bitcoin and had illegally stolen and sold per..

Report: Philippine Police Raid Alleged Cryptocurrency Scam, Arrest 277

News Philippine police have reportedly raided the offices of an alleged cryptocurrency scam that was targeting investors in China. According to a Sept. 15 report by local news outlet Inquirer.net, agents from the Bureau of Immigration, the Presidential Anti-Corruption Commission and the National P..

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