Tag Archive: Europol

  • What Crypto Criminals Could Face Altcoin News, Bitcoin, News, News teaser

    Europol Takes Down Major Bitcoin Money Laundering Network

    European law enforcement agency Europol has taken down a criminal network allegedly using cryptocurrency to launder drug money. Tulipan Blanca On Monday, the European Union Agency for Law Enforcement Cooperation (Europol) announced that it had arrested 11 people and identified 137 suspects potentially involved in a criminal network utilizing cryptocurrencies and credit cards to launder money from illegal drug sales. According to reports, Europol’s operation has been named Tulipan Blanca was carried out by the

    · April 11, 2018 · 12:30 am
  • Europol Altcoins, Bitcoin, News, News teaser, Online Privacy

    Europol: Monero, ZCash, and Dash Are a Major Problem

    Europol has noted that cybercriminals are becoming better at covering their tracks by opting for more privacy-focused, anonymizing cryptocurrencies like Monero, ZCash, and Dash. Europol Sees ‘Distinct Shift’ to Anonymizing Altcoins A cybercrime analyst at Europol, Jarek Jacubchek, recently told Business Insider that the unified European police agency is seeing a “distinct shift” from Bitcoin to alternative cryptocurrencies that offer greater privacy. Jacubchek said:  So basically, you can achieve a higher level of privacy using

    · February 27, 2018 · 5:30 am
  • money laundering Bitcoin, Bitcoin Regulation, Emerging Markets, News, News teaser

    Cryptocurrency Makes Up Only 0.17% of All Money Laundering Cases in Japan

    Cryptocurrency opponents have long argued that digital currencies are tools for money launderers. If the National Police Agency in Japan is to be believed, that may indeed be the case — though it’s not as prevalent as one might think. Minimal money laundering According to reports, the National Police Agency in Japan suspects 669 cases of cryptocurrency-utilized money laundering between the months of April and December. The reports come directly from the cryptocurrency exchange operators

    · February 23, 2018 · 6:00 pm
  • Tokyo Crypto Exchange BitFlyer Approved for Europe Bitcoin, Bitcoin Regulation, News, News teaser

    Europol Claims $5.5 Billion Laundered Using Cryptocurrency

    Bitcoin and cryptocurrencies have long had a reputation for being the payment tools of criminals. Now, Europol claims billions of dollars are being illegally laundered with cryptocurrency in Europe. Large Estimations According to the European Union Agency for Law Enforcement Cooperation (Europol), three to four billion pounds ($4.1 to $5.5 billion) of criminal money is being laundered using cryptocurrency in Europe alone. Europol’s director, Rob Wainwright, told BBC’s Panorama: It’s growing quite quickly and we’re quite

    · February 12, 2018 · 11:00 pm
  • Bitcoin, Bitcoin Exchange, Bitcoin Regulation, News, News teaser

    More Regulations Coming to Bitcoin Exchanges Against ‘Economic Crimes’

    Europol, Interpol and the Basel Institute on Governance have revealed three focus areas for their planned regulations on cryptocurrency exchanges. Regulations are Definitely Coming A sure sign that Bitcoin has become more mainstream and accepted than ever is the increase in regulations. Nations are looking for tax revenue from Bitcoin users, and government law enforcement agencies are treating Bitcoin just as they would any other publicly traded currency. Recently, Europol, Interpol and the Basel Institute on Governance

    · January 25, 2017 · 2:30 am
  • Bitcoin Industry Report Bitcoin, Blockchain Technology

    Industry Report: Apple’s Got a New Grudge Against Crypto

    Seagate plays surrogate host to cryptocurrency malware, Europol cracks down on digital currency launderers, and Apple doesn’t like ShapeShift. Want to catch up on your latest tech and virtual currency news? Take a look at the stories below. Also read: Industry Report: The iPhone is the Latest Fan of Bitcoin SEAGATE Many of Seagate’s FTP servers have inadvertently played host to criminals who use the devices to spread cryptocurrency malware. Researchers at Sophos discovered this problem, finding that

    · September 13, 2016 · 12:00 pm
  • computer security Bitcoin Security, FinTech

    ‘Wildfire’ Ransomware Defeated by International Security Team

    Wildfire, a type of ransomware targeted at Dutch speakers, has been successfully defeated by the No More Ransom initiative, a project coordinated by the Netherlands Police, Europol, Intel and Kaspersky. This multinational collaboration aims to help victims of ransomware retrieve their encrypted files for free through the use of multiple decryption tools. Also read: Ransomware as a Service is Bringing In Some Serious Money ‘Wildfire’ Ransomware Wildfire is a piece of ransomware, a type of malware that takes users’

    · August 25, 2016 · 6:00 pm
  • ransomware Bitcoin, Bitcoin Security, Bitcoin Service, News, News teaser, Services, Trending

    Private-Public Partnership Launched to Combat Ransomware

    The public and private sectora are now joining forces to stop ransomware as part of an international initiative to combat cybercrime. Groups participating in the project include Intel Security, Kaspersky Lab, the Dutch National Police and Europol.  Also read: Lisk Community Continues Developing Ecosystem Tools, Services International Crackdown on Ransomware The initiative, called “No More Ransom,” has a simple goal: make it more difficult for cyber criminals to capitalize on ransomware by outsmarting them. The organizers

    · July 27, 2016 · 4:02 pm
  • Chainalysis Bitcoin, Bitcoin Investment, Bitcoin Technology, Blockchain Technology, Companies, News, News teaser, Start-Ups, Technology, Trending

    Chainalysis Raises $1.6M, starts Partnership With Europol

    New York-Based Chainalysis Inc., has signed a joint memorandum with Europol’s European Cybercrime Centre (EC3) to help battle online criminal activity. The partnership coincides with the company receiving a $1.6 million USD seed fund from investors. Also read: New UK Cybercrime Report Makes No Mention of Bitcoin Chainalysis Using the Blockchain to Fight Crime  Chainalysis was founded in 2014 by Jonathan Levin, Jan Moller, and Michael Gronager with the goal of “[spotting] connections between digital identities.” In

    · February 20, 2016 · 8:00 am
  • Europol Bitcoin, Bitcoin Regulation, Bitcoin Technology, News, News teaser, Trending

    Europol: Bitcoin Playing an Increasing Role in Crime

    After law enforcement agencies from Austria, Bosnia and Herzegovina, Germany, and the United Kingdom met in December to plan an operation against the cybercriminal group DD4BC (Distributed Denial of Service – DDoS – for Bitcoin), an official with Europol has told Bitcoinist that Bitcoin, and other crypto-currencies, is playing an increasing role in all criminal activities. Also read: Carl Force’s Lawyer is Pessimistic About Ulbricht’s Appeal Europol Says Bitcoin is Being Used in Cybercrime The

    · January 16, 2016 · 8:00 am
  • Bitcoin, Bitcoin Breaking News Brief, Breaking Bitcoin News, Breaking News, News, News teaser

    No Bitcoin Teller Machines Affected By Recently Arrested ATM Malware Crime Group

    ATM Malware attacks have been a thorn in the side of both consumers and government officials in Europe over the past few months. By infecting bank ATMs with malware, user’s card information can be obtained without them realizing it. As a result, plenty of user funds is at risk, and Europol started a major investigation. Late last night, the news broke several arrests were made, and how the international criminal group responsible for this malware

    · January 8, 2016 · 3:40 am
  • Bitcoin Breaking News Brief, Breaking Bitcoin News, Breaking News

    Europe Gives Extra Attention To Payment Railways

    Europe is moving fast investigating the movement of funds within their region to try and thwart off the acts of terrorism that has frightened the entire world. Immediately after the Paris attacks world leaders shouted out from podiums demonizing encryption and held secret emergency meetings to discuss cryptocurrency. The European Union has made it clear they are unhappy with encrypted services, they want to hire a blockchain investigator, and they want access to the SWIFT

    · November 24, 2015 · 9:33 am
  • Bitcoin Education, Bitcoin Security, Conferences, News, News teaser, Trending

    Kaspersky and INTERPOL Say Blockchain is Vulnerable

    Kaspersky Labs and INTERPOL have presented research in which they show how blockchain-based cryptocurrencies can potentially be abused with arbitrary data that can be disseminated through its public decentralized databases. Also Read: DBS Blockchain Hackathon These two entities addressed the issue at the BlackHat Asia conference in Singapore. They successfully demonstrated how arbitrary data can be injected into a digital currency decentralized database simply by using an exploit code that opens a notepad enabling corrupted

    · April 11, 2015 · 1:00 pm