Ukrainian police officers allegedly kidnap crypto entrepreneurs, extort $2.2M

Prosecutors say two police colonels organized an extortion ring that allegedly tracked, abducted, and held crypto entrepreneurs at gunpoint.

South Korea charges CATFI operators in its first DEX rug pull arrest after a Solana meme coin scheme caused $260k in illegal gains.

The post From Coinbase to KuCoin, exchange responses to crypto crime are becoming a competitive issue appeared on BitcoinEthereumNews.com. Fresh allegations involving KuCoin are reigniting debate over how centralized crypto exchanges handle stolen funds, law enforcement requests, and blockchain-based financial crime as compliance standards across the industry continue evolving. The latest controversy emerged after blockchain investigator ZachXBT responded to a user on X who claimed a hacked Trust Wallet resulted in the loss of 15 years of savings, with funds allegedly transferred through KuCoin. In response, ZachXBT alleged that KuCoin “does not assist victims or law enforcement” and claimed the exchange allows illicit activity to continue “as long as it generates fees.” The investigator also referenced previous incidents involving alleged laundering activity tied to KuCoin deposit addresses and shared wallet addresses he claimed were connected to illicit fund flows. KuCoin had not pub

ZachXBT claims KuCoin ignores victims and law enforcement. See what the on-chain sleuth said about KuCoin’s compliance failures. On-chain investigator ZachXBT has publicly accused KuCoin of failing crypto theft victims. His claims surfaced in a reply on X to a user who lost life savings to hackers.  The victim, posting under the handle WAWA, said […] The post ZachXBT Accuses KuCoin of Ignoring Crypto Crime Victims appeared first on Live Bitcoin News.

The recovery highlights enhanced law enforcement capabilities in crypto, reinforcing the legitimacy and security of regulated custody solutions. The post Irish authorities recover another 500 Bitcoin from drug dealer Clifton Collins, totaling 1,000 BTC worth $73M this year appeared first on Crypto Briefing.

Turkish authorities have taken legal action against 233 more illegal betting suspects in Antalya and Mersin operations announced Monday, pushing the eight-day enforcement tally past 670 across four major raids. The earlier Adana investigation that arrested pro-government commentator Rasim Ozan Kütahyalı named cryptocurrency platforms among the alleged laundering channels. Antalya and Mersin Operations Extend 8-Day […]

The post Victims of Iran Attacks Seek Court Order for Turnover of $344 Million in USDT Frozen by Tether appeared on BitcoinEthereumNews.com. TLDR: Terrorism victims filed a Manhattan court motion targeting 344 million USDT frozen in IRGC-linked wallets. Plaintiffs cite past FBI seizure cases where Tether burned and reissued USDT to law enforcement wallets. Creditors seek to enforce $2.42 billion in compensatory and punitive terrorism judgments against Iran. Jurisdiction over Tether rests on its New York-based reserves managed through Cantor Fitzgerald. U.S. terrorism judgment creditors filed a motion in Manhattan federal court Thursday, seeking the turnover of over $344 million in USDT. The frozen funds are held in OFAC-blocked wallet addresses linked to Iran’s Islamic Revolutionary Guard Corps. The plaintiffs want Tether to zero out those balances and reissue equivalent tokens to them. The case could set a notable precedent for crypto asset enforcement in terrorism-related judgments.

The post Tether-backed T3 Says It Froze $450M in Illicit Crypto Funds Since 2024 appeared on BitcoinEthereumNews.com. The T3 Financial Crime Unit, a joint initiative backed by Tether, Tron and blockchain analytics company TRM Labs, says it has helped freeze more than $450 million in assets linked to suspected criminal activity since its launch in 2024. The group said in a Thursday release shared with Cointelegraph that it has worked with law enforcement agencies across 23 jurisdictions to target funds tied to alleged drug trafficking, exchange hacks, North Korea-linked activity, terrorist financing and violent “wrench” attacks, including kidnappings and extortion. The unit focuses on Tether’s USDT stablecoin activity on the Tron blockchain and says it has been able to freeze assets within 24 hours in multiple emergency cases at the request of authorities. T3 FCU said it intercepted 43.9% more illicit proceeds in 2025 than in the previous year. The announcement comes as TRM Labs estimat