Chain News Daily Official TheBitTimes.com

Dutch police arrested a 26-year-old man on April 29. The arrest is connected to the ZKasino crypto gambling scam that involves over $30 million. Police have seized 11.4 million euros ($12.2 million) in crypto and other assets from the suspect. Dutch police have arrest ed a 26-year-old man amid a law enforcement investigation around ZKasino. The crypto project is allegedly a crypto gambling scam involving more than $30 million . ZKasino scam suspect arrested According to the Fiscal Information and Investigation Service (FIOD), authorities detained the individual on April 29, on suspicion of fraud, embezzlement and money laundering. The arrest comes after an outcry from the public in the wake of suspicious activities around the ZKasino platform. Dutch authorities have seized more than 11.4 million euros ($12.2 million ) in crypto assets, real estate and a luxury car from the suspect , FIOD announced on May 3. Scrutiny on ZKasino increased in mid-April aft...

Finnish prosecutors say a police investigation has linked a number of crypto transactions to the bank account of an alleged blackmailer who threatened to publish therapy notes belonging to more than 30,000 psychotherapy patients. Finnish national Aleksanteri Tomminpoika Kivimäki has pleaded not guilty to the charges of aggravated data breach, 9,600 instances of aggravated sharing of private documents, 21,300 attempts at aggravated blackmail , and 20 counts of aggravated blackmail . He is accused of Hack ing into the database of the Vastaamo psycho therapy center in 2018, blackmail ing its patients , and releasing private documents online in 2020 under the moniker of ‘ransom_man.’  The Vastaamo center was told to pay 40 bitcoin, worth roughly $518,000 at the time of the data breach. One victim who spoke to the BBC claimed he was asked to pay €500 or else his teenage counseling session notes would be published.  As reported by Helsingin Sanomat, a police investigation paid bitcoin ...

Eight persons, including four law enforcement officers , were arrested by India’s special invest igation team (SIT) in connection to a massive crypto currency fraud scheme dating back to 2018. Detainment of these individuals brought the total arrest tally to 18 as authorities continued to investigate a $300 million crypto scam that affected some 5,000 government employees and around 1,000 police staffers.  Mukesh Agnihotri, deputy chief minister of Indian state Himachal Pradesh, told the public to expect more arrests in connection to the illegal operation which raked in millions from victims spanning several years. Multiple victims reportedly lodged 56 complaints with local police between 2021 and 2023 regarding a crypto scam revolving around Korvio Coin, a locally launched crypto token. Subhash Sharma, the prime suspect believed to have masterminded the scheme, and currently remains on the run.  You might also like: New research reveals the most common crypto scams in...