The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $ 130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing complexity of cyber financial crimes, particularly those involving cryptocurrency. Ohio’s New Fraud Unit Recovers $ 130K From Crypto Scam Ohio Attorney General …
The latest flows report from Coinshares, led by its top market analyst James Butterfill, uncovers a strong recovery in digital asset investments, hitting a total of $ 436 million. The report emphasizes bitcoin as the frontrunner, while ethereum is still facing challenges with continued outflows. While Bitcoin Bounces Back, Ethereum Deals With Outflows Coinshares’ …
Authorities in North Carolina have seized nearly $ 5 million in cryptocurrency linked to an investment fraud scheme. The scheme, known as “pig butchering,” involved criminals creating fake romantic relationships to deceive victims into investing in fraudulent cryptocurrency platforms. Victims lost their life savings, with one losing an entire retirement account. $ 5 …
Crypto exchange Binance’s security team has recovered or frozen over $ 73 million in stolen user funds so far this year, surpassing the $ 55 million recovered in 2023. This achievement highlights the company’s commitment to improving cryptocurrency security. Binance Recovers $ 73 Million in Stolen User Funds Crypto exchange Binance announced …
Between June 19 and July 19, within a 30-day period, the total value locked (TVL) in decentralized finance (defi) dropped below the $ 100 billion mark, hitting a low of $ 86.3 billion on July 7, 2024. Over the past three days, however, the TVL has managed to stay above the $ …