A federal jury convicted Profit Connect owner Brent C. Kovar on 15 fraud and money-laundering counts after prosecutors stated he obtained $24 million from no less than 400 buyers by false claims about an AI-powered crypto enterprise. The Justice Department said the decision adopted a nine-day trial, with jurors discovering Kovar responsible of 11 counts…
Summary As half of the Treasury’s newly launched Operation Economic Outcast, OFAC issued a first-ever sectoral willpower overlaying Iran’s digital… The submit OFAC Targets Ministry of Intelligence, Crypto-for-Oil Payments in Latest Iran Sanctions appeared first on Chainalysis.
When Russian investigators detained IT specialist Yuri Belenkiy in September 2025, Binance had been formally out of Russia for nearly two years. Its buyer data, nevertheless, had been nonetheless obtainable. Law enforcement paperwork reviewed by Reuters present that Binance provided private and transaction data later included into a Russian terrorism-financing case towards Belenkiy. The 49-year-old…
US prosecutors have expanded an eight-year-old hacking case tied to Iran’s Islamic Revolutionary Guard Corps, including eight defendants and linking six of them to the 2017 HBO breach that included a $6 million Bitcoin extortion try. A 14-count second superseding indictment unsealed Aug. 18 prices 17 individuals related to Iran-based Mabna Institute, up from 9…
Edward Zimbardi has been returned to the US after being deported from Fiji, placing the alleged mastermind of a $165 million crypto investment scheme back inside attain of federal prosecutors. A federal grand jury in Georgia indicted Zimbardi on July 8 on 12 counts of wire fraud, 12 counts of cash laundering, and one depend…
On Aug. 13, Trezor said a breach at the success supplier ShipMonk uncovered buyer data for about 13,689 {hardware} pockets consumers, together with the supply addresses of 11,742 folks. The bigger group had their names, e mail addresses, telephone numbers, and delivery addresses uncovered, whereas one other 1,947 clients had names, cities, and e mail…
At 1:30 p.m. UTC on Feb. 21, 2025, Bybit started transferring funds from an Ethereum chilly pockets to a heat pockets, the kind of routine switch designed to make custody look boring. Authorized signers reviewed the vacation spot on their screens and authorised it, unaware that their screens have been really mendacity. Bybit later mentioned…
Summary Annual worth stolen in violent assaults peaked at $58 million in 2025, the best on report, with 2026 already… The publish Estimated $30 Million Stolen in Violent Crypto Attacks in 2026 as France Records Emerges as Hotspot appeared first on Chainalysis.
Thailand’s Securities and Exchange Commission has filed a felony grievance towards Bitkub Online and two former directors, alleging that the crypto exchange submitted day by day net-capital stories, recognized as Form DA 1, that failed to present the impact of a 2021 theft involving about 1.7 billion baht (roughly $53 million) in buyer belongings. The…
Summary OFAC designated Zaid Issam Ahmed al-Jebouri, an Iraqi nationwide based mostly in Istanbul, and two associates as Specially Designated Global… The put up OFAC Sanctions Members of Hamas Financing Network appeared first on Chainalysis.