Police

Criminals have recently been very cautious in conducting their illegal activity, as the number of cases solved by police has increased. For example, officials have caught three suspects of a large cryptocurrency theft in China. They stole almost 600 million Yuan ($87 mln) in virtual coins.

Police in Xian, a Chinese city, have arrested 3 suspects purported to have stolen $90 million worth of Crypto. The investigation of what appears to be China's largest-ever Bitcoin heist, began in March this year when police got information that some hackers had taken over full control of someone's computer (PC) to heist $15 million worth of Crypto.

Does your crypto portfolio look a little light recently? That's naught compared to Aarni Otava Saarimaa, a Finnish investor, who lost 5,500 Bitcoin ($35 million) to an investment scam in 2018.

The City of London Police's Economic Crime Academy has recently launched a fresh course focusing on cryptocurrencies for United Kingdom police training.

Seiko Noda, Minister for Internal Affairs of Japan, gainsaid having any interest in a cryptic firm that is still under investigation hence interfering with the ongoing investigation and making the work of police difficult.

The mastermind behind the detestable bitcoin Ponzi GainBitcoin has proposed to reimburse thousands of victims who encountered losses during the blueprint that consisted of an initial of almost $150 million in cryptocurrency.

Alexander Vinnik, 38, a Russian national, has been accused of laundering $4 bn illegally via Bitcoin crypto exchange in the United States, a Greek Court ratified the move of extraditing criminal to France. French police revealed that Vinnik participated in laundering $155 million using 20,643 BTC, the claim that Vinnik is denying.

The Chinese police in the Guangdong city have confined hundreds of people in online gambling platforms which enabled betting with over $1.5 billion in cryptocurrencies such as bitcoin and ethereum. A law enforcement operation that involved 21 strong public security authorities in the city of Guangdong has battled football gambling during the Russia world cup football competition which resulted in the massive arrest of 540 people that were suspected of managing online gambling rings.

Chinese police in Anhui Province have captured over 200 computers used to mine Ethereum and Bitcoin cryptocurrencies after a man tried to defraud the electricity company to escape the bills he used to power his operation, the Xinhua news agency reported on June 22.