News with the tag "police"

A retired Australian police officer lost $1.2 million in a cryptocurrency scam in Thailand, highlighting the vulnerability of retirees and expats to such schemes.

Lancashire Police reinvest £500,000 from a seized Bitcoin linked to a 2017 fraud case into local anti-crime initiatives, marking the first use of crypto wallet freezing powers under the Proceeds of Crime Act.

A UK National Crime Agency officer, Paul Chowles, stole 50 BTC from a seized crypto wallet linked to Silk Road 2.0 operator Thomas White, but was eventually caught and sentenced to prison.

Binance assisted Ahmedabad police in uncovering a $200K cross-border scam involving digital arrest frauds, highlighting the role of blockchain technology in combating cybercrime.

Spanish police arrested five individuals in a suspected $540 million crypto fraud operation, with the investigation still ongoing.