US Sentences 12 in $3.5 Million Cryptocurrency Heist Involving Violent Home Invasions

The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 years in prison, while his accomplice was sentenced to 20 years. “The victims were held at gunpoint in their home,” the DOJ stated, adding that … Read more

Scottish Court Sets Precedent With Crypto-to-Cash Confiscation

Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his BTC holdings were linked to criminal activity. The case initially proposed a settlement entirely in cryptocurrency, but Judge Lady Ross sought legal clarification on whether … Read more

Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison

Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. In addition, the court has also ordered them to fully compensate the victim for the damages, prosecutors announced. Robbers Get Prison Sentence for Cryptocurrency Theft in Russia A court in the Russian … Read more

Masked Men Rob Large Crypto Mining Farm Near Moscow

Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers Steal Mining Equipment From Crypto Farm in Russia A … Read more

Armed Criminals Who Posed as Bitcoin Buyers Stole Over $5K From a 26-Year-Old Man in Argentina

In-person crypto robberies are becoming a global issue lately for the authorities, and this time, Argentina is the place of the latest case reported. In Mendoza, an unnamed man was assaulted by two criminals who posed as bitcoin buyers. Identities of the Robbers Are Still Unknown According to Mendo Voz, the 26-years-old man, identified by … Read more

Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021

Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust by Performing Three Successful Transactions According to the South China … Read more