arrest

According to the New Straits Times, Malaysian police recently dismantled an illegal Bitcoin mining operation located in Tronoh, arresting two men aged 40 and 52, and confiscating 73 cryptocurrency mining devices and related equipment.

According to Russian media bits.media, Igor Runets, the founder of Russia's largest mining company BitRiver, has been transferred from house arrest to detention pending trial by the Zamoskvoretsky Court in Moscow due to allegations of fraud amounting to 100 million rubles. He will be held in custody for at least two months. The charges are based on Part 4 of Article 159 of the Criminal Code of the Russian Federation—"particularly large-scale fraud committed by an organized group."The investigation claims the case involves the supply of mining equipment, causing nearly 100 million rubles in losses to the metallurgical and energy companies under the En+ Group. Investigators requested the detention of Runets on the grounds that he might influence witnesses, and the court approved this request. Representatives of BitRiver and Runets' lawyer have not yet commented on the court's ruling, and the progress of the case will depend on the equipment appraisal and witness testimonies from En+. In February of this year, Russian law enforcement suspected Runets of concealing assets to evade taxes, leading to his arrest and house arrest on charges of tax evasion. BitRiver is facing bankruptcy and ownership risks, with its owner Fox Group having debts of approximately 9.2 million dollars, and assets insufficient to repay the debts, prompting a bankruptcy application.

According to Tencent News "Frontline," a 26-year-old male employee of Hong Kong Central Wealth Management Services Limited misappropriated 50 million Hong Kong dollars as margin without authorization, using it to finance the purchase of a double long position in the Southern Eastern Ying Hynix ETF (07709.HK), resulting in a paper loss of up to 150 million Hong Kong dollars. The trader was arrested by the police on July 20 on suspicion of "theft," with the incident occurring from January 9 to July 20.Financial analysts in Hong Kong stated that the reason the 50 million principal turned into a 150 million loss was due to the combination of margin financing and the double leverage of the long ETF. This ETF surged to a historical high of 193.65 Hong Kong dollars at the end of June, driven by the storage chip concept, but then the semiconductor sector sharply corrected, falling to 52.58 Hong Kong dollars by July 20, a decline of over 72%. The police revealed that the relevant positions had not yet been forcibly liquidated, and the final loss would still fluctuate with the stock price. The incident was discovered during a recent audit of the company, which reported it to the police. Central Wealth Management is not a licensed company by the Securities and Futures Commission, and Central Wealth Securities stated that the involved personnel are not their employees and are unrelated to the incident, but after the event, some clients exhibited risk-averse withdrawals.

According to The Block, a global anti-fraud operation led by INTERPOL has arrested over 5,800 suspects and successfully uncovered a cryptocurrency money laundering network that used cross-chain token exchange methods to conceal illegal fund flows.One suspect's digital wallet processed over $122.5 million in funds in just 10 months. On-chain analysts pointed out that while cross-chain operations increase tracking difficulty, it does not mean that fund flows cannot be traced. Such cases indicate that financial crimes continue to evolve alongside the advancement of blockchain technology.

According to the Nice Matin, the police in the Var department of France successfully cracked a cryptocurrency fraud case involving 1.5 million euros after a year-long investigation, arresting a mother and son involved in the case.The two implemented a "Rip Deal" scam, falsely claiming to facilitate the purchase of luxury homes, luring a wealthy couple from Ramatuelle to Milan, and demanding that they pay a 1.5 million euro transaction guarantee fee in cryptocurrency. During the operation, the suspects used hidden cameras to secretly capture the victims' cryptocurrency account information and private keys, subsequently transferring all the cryptocurrency assets.The police arrested the mother and son in Cavalaire and simultaneously seized properties worth 1.9 million euros under the suspects' names. Both suspects have multiple prior convictions for fraud and will face trial on September 1, facing several criminal charges related to organized gang fraud.

The Hong Kong Police Force's Financial Intelligence and Investigation Bureau, in conjunction with the Hong Kong Monetary Authority and the Hong Kong Association of Banks, jointly held an "Anti-Money Laundering Exhibition." Hong Kong Police Commissioner Raymond Siu disclosed data stating that in the first quarter of this year, Hong Kong recorded over 9,400 fraud cases, a decrease of about 60 cases compared to the same period last year, but the amount of losses exceeded HKD 1.85 billion, an increase of nearly HKD 300 million compared to the same period last year. In the first quarter of this year, about 2,000 people were arrested for fraud and money laundering-related cases, with approximately 70% being "puppet account" holders.The Hong Kong police remind that under the law, a conviction for money laundering can result in a maximum fine of HKD 5 million and imprisonment for 14 years, and the court may apply for an increased sentence depending on the circumstances.

According to a report by Kyodo News, the Osaka Prefectural Police arrested three men on suspicion of violating the Organized Crime Punishment Law for laundering criminal proceeds on behalf of an investment fraud gang. It is said that these three individuals exchanged approximately 14 million yen from 10 victims across six prefectures into stablecoins and other cryptocurrency assets to conceal the source of the funds.According to the Osaka Prefectural Police, these three individuals belong to "over-the-counter traders" who conduct personal cryptocurrency transactions without using trading platforms and are believed to have participated in money laundering activities amounting to billions of yen.

According to Laprovence, French police arrested four suspects in Marseille and surrounding areas in connection with an attempted kidnapping and robbery involving cryptocurrency assets. The incident occurred around 3 AM on June 13, 2026, when the suspects broke into a residence in the 13th district of Marseille, attempting to obtain cryptocurrency-related assets by holding two women hostage. A family was awakened by the noise and immediately called the police, prompting the suspects to flee the scene, leaving only vehicle license plate clues behind.It is reported that such cryptocurrency kidnapping crimes are on the rise in France, with approximately 70 cases involving the kidnapping or extortion of cryptocurrency assets recorded since 2026. Police state that these cases typically target cryptocurrency asset holders and their family members, exhibiting highly targeted and violent characteristics.

According to The Block, the Criminal Investigation Department of the Seoul Police Agency in South Korea has arrested 23 suspects accused of laundering money for a Cambodian criminal organization, with the amount involved approximately 16.8 billion won (about 11.1 million USD). The gang transferred about 11.1 million USD in illegal funds by purchasing USDT and trading on domestic and international cryptocurrency exchanges from February 2024 to April 2025, using approximately 11,300 accounts for money laundering, involving about 265 cases of phishing and investment fraud, with the amount of illicit funds involved around 17 million USD. The Seoul police have seized approximately 650 million won (about 430,000 USD) in criminal proceeds from the suspects, but the gang leader is still at large and has been issued a red notice by Interpol.The police also arrested 33 individuals on the same charges for illegally providing currency exchange services to tourists and acquaintances through USDT.

The U.S. Attorney's Office for the Eastern District of Pennsylvania announced that Ruslan Igorevich Tkachuk and Alexander Vladimirovich Ledenev were arrested for allegedly operating a cryptocurrency money laundering service called Audi A6.Since its launch in 2021, the service has received approximately 10,333 bitcoins, valued at over $389 million at the time of the transactions, of which at least $19.234 million worth of bitcoins came directly from illegal sources such as dark web markets and ransomware organizations.A joint international law enforcement operation has seized and frozen the servers, domain names, and Telegram accounts associated with Audi A6.

According to The New York Times, Canadian man Trenton Johnston pleaded guilty in a federal court in Florida, admitting to participating in a money laundering conspiracy involving approximately $13 million, with funds sourced from cryptocurrency fraud. Prosecutor documents show that Johnston, over a two-year period, impersonated representatives of Google and cryptocurrency companies to lure victims into giving up their account access, and conspired with accomplices to transfer and hide illegal proceeds for luxury spending, including luxury cars, jewelry, nightclub expenses, and private jet travel.In March 2024, he was pulled over by police for speeding in a Rolls Royce in Miami, where there was a suspected smell of marijuana and illegal drugs in the vehicle, leading to a subsequent investigation that uncovered his long-term involvement in cryptocurrency fraud. The case also revealed that he had scammed a California resident out of approximately 185 bitcoins (worth about $13 million) using social engineering tactics. Data from the FBI indicates that losses related to cryptocurrency theft exceeded $11 billion in 2025, an increase of about 20% year-on-year. Currently, Johnston, as a first-time offender, has reached a plea agreement with prosecutors and is expected to face a prison sentence of 4 to 5 years, after which he will be deported to Canada.

According to the Bangkok Post, Thai police raided a scam base in the Saraphi district of Chiang Mai province, arresting 10 Chinese citizens and seizing 67 mobile phones, 7 iPads, and 13 laptops.

According to the Times of India, the Gujarat police have arrested two suspects involved in cryptocurrency-related cybercrime, with the network allegedly trading over 226 million rupees. Investigators claim that the network is linked to terrorist financing, global drug trafficking, and dark web financial activities.Officials stated that this arrest is part of an ongoing investigation into the use of cryptocurrency channels for terrorist financing. Previously, 10 suspects had already been arrested during the investigation. The two latest suspects are accused of using the KYC information of a man named Sabbir Ali Sarani to create a Binance wallet and receiving 5,000 USDT through layered transactions.

According to CriptoNoticias, the Southern Metropolitan Prosecutor's Office in Chile, along with the police, dismantled a money laundering network involving approximately 90 million USD, with about 20 people arrested.The network is suspected of converting illegal funds into cryptocurrency through exchanges and transferring them abroad, with one Banco Santander account manager arrested. Prosecutor Héctor Barros stated that this is one of the largest money laundering cases in Chile in recent years, and the related illegal activities were not conducted through the bank's corporate infrastructure, with the bank cooperating in the investigation.

According to CriptoNoticias, Spanish citizen David Merino was arrested in Dubai for allegedly leading the cryptocurrency Ponzi scheme FX Winning. This scheme is the largest cryptocurrency-related Ponzi scheme in the history of Spanish investigations, involving over 460 million euros and affecting approximately 15,000 investors. Merino operated the scheme from behind the scenes after officially leaving the company in 2021, attracting funds by promising high returns on forex and cryptocurrency investments. Its operating model involved using funds from new investors to pay early investors, and the scheme operated in about 30 countries.Spain typically has 15 to 40 days to submit extradition documents to the UAE. Additionally, FX Winning is also under investigation in the United States and Mexico, with the U.S. Drug Enforcement Administration believing the scheme involves 100 billion dollars. Merino released a video in March 2026 denying that he retained others' funds and placing the blame on other members of his team. The Spanish National Securities Market Commission has warned since 2021 that FX Winning is unauthorized to provide investment services.

A man in Florida, USA, was arrested for allegedly stealing approximately $1.9 million worth of Bitcoin by using the mnemonic phrase of his former employer's hardware wallet. Police stated that the unauthorized transfer of the stolen funds occurred in 2020, when the suspect still had access to critical security information.

The prosecution materials released by the U.S. Attorney's Office for the Southern District of New York show that Google security engineer Michele Spagnuolo has been arrested and charged for allegedly using significant non-public information to bet on Google user search result-related markets on Polymarket.The prosecution materials state that Spagnuolo used Google internal tools to track the list of the most searched people in 2025 and transferred approximately 3.8 million USDC to a Polymarket address; his associated account AlphaRaccoon placed a bet that D4vd would become one of the most searched people in late November after accessing internal tools for several hours.The prosecution materials also state that AlphaRaccoon transferred 5 million USDC from the Polymarket account to a wallet and moved the funds through exchange services and privacy tools, with some of the funds ultimately entering an account at a payment processing institution in Italy. Spagnuolo is accused of profiting over 1.2 million dollars from the related transactions and currently faces charges of commodity fraud, telecommunications fraud, and money laundering.

According to a news release from the Hong Kong Special Administrative Region, the Hong Kong police announced that they have joined law enforcement agencies from 9 countries and regions, including Singapore, South Korea, and Thailand, to combat cross-border fraud and money laundering activities. This operation took place from March 10 to May 7, resulting in the arrest of 3,018 individuals, involving over 138,000 fraud cases, with total losses of approximately $752 million (about HKD 5.89 billion).During the operation, law enforcement agencies froze a total of 101,989 bank accounts and successfully intercepted approximately $161 million (about HKD 1.26 billion) in fraudulent funds. Among them, the Hong Kong police arrested 870 individuals and intercepted approximately HKD 539 million in funds. The largest case involved a Singapore company that was defrauded of $36 million (about HKD 280 million), with the related funds subsequently flowing into multiple bank accounts in Hong Kong and other regions. About half of this amount was converted into stablecoins and dispersed into different virtual asset wallets, with the police successfully freezing $20 million of these funds after tracking.Investigations show that money laundering through virtual asset platforms is on the rise, and various regions need to continue enhancing their capabilities to respond to crimes involving virtual assets through intelligence sharing and collaborative mechanisms.

According to Hong Kong's East Network, a 34-year-old man from the mainland traveled to Hong Kong with a two-way permit. During his time there, he reportedly lost about 500,000 yuan on a cryptocurrency platform and, feeling frustrated, expressed suicidal tendencies on social media and planned to go to Hong Kong.Law enforcement agencies launched an investigation after receiving relevant information and intercepted the man at around 12:30 PM on May 14 at a fast-food restaurant on Admiralty Road. A lighter and suspected gasoline were found on him. The police arrested him on suspicion of "possessing any item with the intent to destroy or damage property" and he is currently being detained for investigation.Reports indicate that no one was injured in the incident, and there was no need for evacuation at the scene. The man is said to have complained multiple times to the relevant platform about his investment losses but did not receive a satisfactory response.

The U.S. Department of State's Bureau of International Narcotics and Law Enforcement Affairs announced a reward of up to $4 million under the Transnational Organized Crime Rewards Program for information leading to the arrest of Daren Li, who assisted various scam centers in Southeast Asia in laundering their proceeds.According to court documents, Daren Li laundered funds obtained from victims through cryptocurrency scams and related fraudulent means, instructing accomplices to open U.S. bank accounts in the name of shell companies, and monitored the interstate and international wire transfers of victim funds. At least $73.6 million of victim funds were directly deposited into bank accounts associated with him and his accomplices, including at least $59.8 million from U.S. shell companies involved in laundering the proceeds obtained from defrauded victims.