U.K. court sentences crypto ATM operator for illegal activity
The United Kingdom has handed down its first criminal sentence for unregistered cryptocurrency activity, as Olumide Osunkoya received a four-year prison term for operating an...
Tag : financial crime
Cyber and Emerging Technologies Unit replaces SEC’s crypto squad
The U.S. Securities and Exchange Commission (SEC) has announced a restructuring of its crypto enforcement efforts, renaming and downsizing the unit previously dedicated to digital...
U.S. investment fraud surges 38% to $4.57B, crypto scams lead
According to the latest FBI Internet Crime Report 2023, losses stemming from cryptocurrency investment scams in the United States skyrocketed to $3.94 billion in the...