Tag: Arrests

Ukrainian Police Arrest Individuals Involved in SwisCoin Ponzi Scheme

Ever since the SwisCoin program was announced, cryptocurrency experts have noticed something was off about the┬áventure. It had all the telltale signs of a cryptocurrency-related pyramid scheme. Although there have been multiple allegations in this regard, no arrests were ever made. That was, until recently, as the Ukrainian national police detained a group of people believed to be connected to SwisCoin. Count this as another victory for the police and …
[Read More]

Mumbai Police Arrest 18 OneCoin Representatives, Seize Nearly US$3m in Assets

Things continue to unravel for OneCoin, one of the biggest Ponzi schemes the world has ever seen. Even though the company continues to attract investors, it is only a matter of time until the pyramid scheme collapses. In Mumbai, 18 people affiliated with OneCoin were arrested recently, and money from four different bank accounts has been confiscated. Another Blow For OneCoin Scammers It is evident the OneCoin project and anyone …
[Read More]

Top 5 Hacker Arrests of 2016

Hackers don’t have the best of reputations among consumers and law enforcement agencies. Several arrests are carried out every single year, as policemen and security agencies try to bring cyber crime to a halt. The year 2016 was no different in this regard, as several prominent hackers have been arrested. Some of these arrests involved prominent hackers, resulting in these stories getting quite a bit of mainstream attention. 5. Instagram …
[Read More]

Several Dozen Suspects Arrested Amid Bank of Russia Cyberheist Investigation

A few months ago, news broke about the Russian Central Bank suffering from a hack attack. At the┬átime, it was unclear who was behind the attack, or how it was executed. Russian authorities have now made several arrests of people who they feel are responsible for this cyber heist. During the attack, US$19m worth of rubles were stolen, and the money has not yet been recovered. Who is behind The …
[Read More]