Alameda Research Sues Waves Founder in $90M Clawback Case

November 14, 2024

Catenaa, Thursday, November 14, 2024-Alameda Research, the trading affiliate of bankrupt cryptocurrency exchange FTX, has filed a lawsuit against Aleksandr Ivanov, the founder of Waves, aiming to recover $90 million in assets deposited with Vires.Finance, a liquidity platform on the Waves blockchain. This action is part of a series of more than 20 lawsuits recently […]

Argentina Congress Approves LIBRA Scandal Investigation

April 10, 2025

Catenaa, Thursday, April 10, 2025-Argentina Chamber of Deputies voted Tuesday to establish a special commission to investigate the controversial LIBRA cryptocurrency scandal, which has rocked President Javier Milei’s administration since February. The vote passed with 128 in favor, 93 against, and 7 abstentions. The commission will probe potential harm to Argentina’s economy, with lawmakers promising […]

Australia Charges Ex-Mine Digital CEO in $1.46M Fraud Case

November 15, 2024

Catenaa, Friday, November 15, 2024-Australia’s corporate watchdog, the Australian Securities and Investments Commission (ASIC), has charged Grant Colthup, the former CEO of the collapsed cryptocurrency exchange Mine Digital, with fraud in connection to a 2022 transaction worth A$2.2 million ($1.46 million). ASIC alleges that Colthup misappropriated the funds after a customer paid A$2.2 million to […]

Binance Ex-CEO Zhao Gets Four Months Prison for Money Laundering

May 2, 2024

SEATTLE, April 30, 2024- Changpeng Zhao, the former CEO of cryptocurrency exchange Binance, was sentenced to four months in prison, on Tuesday (April 30) after pleading guilty to federal charges of violating anti-money laundering laws. The charges stemmed from a Department of Justice investigation that found Binance failed to implement adequate procedures to prevent money […]

China Cracks $136M Crypto Money Laundering Scheme

February 16, 2025

Catenaa, Sunday, February 16, 2025 – China authorities have uncovered a massive underground banking operation that laundered over CNY 1 billion ($136 million) through cryptocurrency, leading to multiple arrests and exposing the increasing use of digital assets for illicit cross-border transactions.  The network, which operated across several provinces, used cryptocurrencies to bypass China’s strict financial […]

DOJ Shuts Down Bitcoin Fog, Operator Gets 10+ Year Term

November 11, 2024

Catenaa, Monday, November 11, 2024-The US Department of Justice (DOJ) announced Friday the sentencing of Roman Sterlingov, the operator of Bitcoin Fog, the darknet’s longest-running Bitcoin mixing service. Sterlingov, a dual Russian-Swedish national, received a prison term of 12 years and six months for laundering criminal proceeds through the BTC mixing service from 2011 to […]

Elliptic Exposes $7B Crypto Laundering in Latest Findings

October 15, 2023

London, UK, October 10, 2023: The value of illicit crypto laundered through cross-chain criminal activities has surged to a record-breaking $7 billion, according to a newly released report by blockchain analytics and risk management firm Elliptic. The report, titled State of Cross-Chain Crime Report by Elliptic, was released on October 4, 2023. The report found […]

Europol Busts Drug Ring, Seizes $26M in Crypto

December 22, 2024

Catenaa, Sunday, December 22, 2024 – Europol announced a major success in combating international drug trafficking, revealing the seizure of $26.23 million in cryptocurrencies and the arrest of nine suspects linked to an underground financial network. Authorities from six countries collaborated to dismantle the operation, which used cryptocurrency to launder proceeds from large-scale cocaine trafficking […]

Gotbit CEO Extradited to US for Market Manipulation

March 9, 2025

Catenaa, Sunday, March 09, 2025 – Aleksei Andriunin, founder and CEO of crypto firm Gotbit, has been extradited to the United States to face charges of manipulating cryptocurrency markets last week. The Russian national was indicted by a federal grand jury for wire fraud and conspiracy to commit market manipulation. He was arrested in Portugal […]

Russia Uncovers Illegal Underground Crypto Farms in Dagestan Amid Energy Theft

September 26, 2024

Moscow, Thursday, September 26, 2024- Authorities in Dagestan, Russia, have uncovered illegal subterranean crypto mining farms stealing power from the national grid, exacerbating the region’s ongoing energy issues. According to TASS and a statement from Dagestan’s Cabinet of Ministers, police and energy officials raided a clandestine mining facility in Makhachkala, the republic’s capital. Seventeen crypto […]

S. Korea to Launch Crypto Crime Unit Amid Rising Fraud 

January 29, 2025

Catenaa, Wednesday, January 29, 2025 – South Korean prosecutors will formally establish a dedicated crypto crime unit aimed at tackling digital asset fraud, market manipulation, and other illicit activities, according to local reports.  The Joint Investigation Unit (JIU) for Virtual Asset Crimes, currently operating as a temporary task force, will be officially upgraded to a […]

South Korea Launches Crypto Crime Unit to Fight Scams

March 2, 2025

Catenaa, Sunday, March 02, 2025-South Korea prosecution service has officially launched a specialized unit to combat crypto-related crime, including scams and fraud, amid rising concerns over digital asset fraud. The Joint Investigation Unit (JIU) for Virtual Asset Crimes, which had operated temporarily since 2023, is now formalized and will function with greater independence. The unit, […]

Telegram Fined $640K in Australia Over Content Delays

February 24, 2025

Catenaa, Monday, February 24, 2025-Australia’s online safety regulator, the eSafety Commission, has fined messaging platform Telegram 1 million Australian dollars (about $640,000) for its delayed response to an inquiry regarding its measures to prevent the spread of child abuse material and extremist content.  Telegram, which was asked to provide details on its efforts to combat […]

Thailand Targets Crypto Crime With New Digital Asset Crackdown

April 15, 2025

Catenaa, Tuesday, April 15, 2025-Thailand’s Cabinet has approved sweeping changes to its digital asset regulations aimed at cracking down on cybercrime, including illicit use of foreign peer-to-peer (P2P) crypto services. The amendments were announced April 8 and will come into force once published in the Government Gazette. The revised Digital Asset Business Act and Cybercrime […]