Singapore has stopped more than $7 million in potential crypto scam losses across two anti-fraud operations, using blockchain analytics, exchange cooperation, and some very unglamorous but effective old-fashioned police work. More than $7 million in potential losses prevented 145+ interventions made by phone and in person Chainalysis and TRM Labs helped trace suspicious wallet activity […]
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Criminals are moving away from Bitcoin and leaning harder on stablecoins, and that says a lot about where illicit crypto use is headed. River reports criminals prefer stablecoins over Bitcoin as illicit crypto use shifts dramatically, and the shift comes down to one brutal fact: if you’re moving stolen funds, you don’t want them melting […]
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The U.S. Treasury has sanctioned associates of the Sinaloa cartel over alleged cryptocurrency money laundering, putting another spotlight on how digital assets can be used for illicit finance. It's a reminder that crypto is neither magic fairy dust nor some uniquely criminal invention. It's just money tech — and like every money rail before it, […]
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Iran’s Nobitex is under fresh scrutiny after a new analysis alleged the exchange moved roughly $2.3 billion through crypto networks tied to Trump-associated business interests. The number is big, the politics are louder, and the underlying issue is the same old ugly one: sanctioned money keeps looking for a way through the cracks. $2.3 billion […]
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International Crypto Crackdown: Operation Atlantic Freezes $12M, Exposes 20,000+ Victims A massive international law enforcement operation has delivered a serious blow to cryptocurrency fraud, freezing over $12 million in illicit funds and uncovering a sprawling network of more than 20,000 victims. Dubbed Operation Atlantic, this coordinated effort showcases the power of global collaboration and blockchain […]
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UK Cracks Down on Zedxion Exchange Over $1 Billion Iran Military Crypto Link The United Kingdom has slammed the door on Zedxion Exchange Ltd., a UK-registered cryptocurrency platform, after blockchain analytics exposed its ties to Iran’s Islamic Revolutionary Guard Corps (IRGC), a sanctioned military force. With nearly $1 billion in transactions linked to the IRGC, […]
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Crypto Crime Rockets to $158 Billion in 2025, Yet Illicit Share Dwindles, TRM Labs Reports The numbers are in, and they’re staggering: crypto-related crime hit a record $158 billion in 2025, a whopping 145% jump from $64.5 billion in 2024. But hold off on the doom and gloom—while the raw figures are eye-watering, the proportion […]
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AI vs AI: Battling Crypto Scams with Blockchain and Tech Defenses The crypto world is under siege. Picture a slick video call with a financial guru pitching a “guaranteed” Bitcoin windfall, only to realize too late it’s a deepfake crafted by AI to swipe your savings. As generative AI supercharges scams with chilling precision, a […]
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Coinbase Challenges US Treasury: Blockchain Solves Financial Crime Coinbase, a titan in the cryptocurrency exchange world, has dropped a bombshell on the US Treasury Department with a 30-page letter dated October 17, 2025. Authored by Chief Legal Officer Paul Grewal, this isn’t just a polite suggestion—it’s a hard-hitting roadmap to overhaul how financial crime is […]
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Hong Kong Police Unveil CryptoTrace to Combat Rising Crypto Crimes With cryptocurrency scams on the rise, Hong Kong police have introduced CryptoTrace, a new tool designed to track illegal crypto flows and enhance investigations into scams. Developed in collaboration with the University of Hong Kong and unveiled at the Blockchain Security Summit 2025, CryptoTrace leverages […]
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