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UK government proposes ban on crypto ransomware payouts

The UK government is planning to ban public sector bodies, including schools and the NHS, from paying crypto ransomware payments.

Dutch police arrest law student behind multi-million euro crypto scheme

Dutch police arrested the 24-year-old man almost a year after crypto investors discovered his scheme had lost millions of their funds.

The Brooklyn Virtual Currency Unit used seized emails to warn potential victims of the scam targeting the borough’s Russian community.

Among the 792 arrested for the crypto scams were Chinese and Filipino nationals, who are said to have targeted North Americans and Europeans.

TikToker Bogdan Peșchir is accused of financing Romania’s presidential front-runner Călin Georgescu with illegal funds.