The U.S. Immigration and Customs Enforcement's (ICE) Homeland Security Investigations office in New York announced Monday that it had added Venezuela's cryptocurrency superintendent to its Most Wanted List.The post U.S. customs officials add Venezuela's cryptocurrency superintendent to Most Wanted list appeared first on The Block.
Crypto intelligence company CipherTrace, which started tracking cryptocurrency crime a few years ago, said it has started to see coronavirus-related frauds that require some form of digital currency payment. Losses from cryptocurrency thefts, hacks, and frauds soared to nearly $1.4 billion from the beginning of the year until the end of May, a report from CipherTrace showed. The proportion traced to coronavirus fraud involving cryptocurrencies for the first five months of the year was minimal, CipherTrace said, but it did not give a specific figure.
Investors who sold bitcoin in May missed out on positive returns during 8 of the past 10 years, according to market data.