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Showing posts with the label police

UK police officer caught lying about crypto bags banned from force

A UK police officer has been barred from the force after lying about hiding thousands of pounds in Crypto and showing a “serious lack of integrity” while claiming to be an amateur investor.   As reported by the Harborough Mail, when Osama Hussain joined Leicestershire Police in 2022, he claimed to have invested £150 in Crypto , downplaying his relationship with an unnamed individual he was trading with.  In fact, Hussain was actually spending thousands on digital currency and the individual, known as Person A, was later discovered to have conducted transactions worth £4,000 with Hussain. These discrepancies were missed during the police vetting process during which an officer’s financial investments are scrutinized to determine their risk of vulnerability to financial inducement. Australian police failed to act on HyperVerse scam for two years Read more: UK newspaper investigates after ‘crypto wizard’ posts NHS token article His secret crypto lifestyle was unearthe...

German police seize 50,000 bitcoin in piracy website bust

A record-breaking 50,000 bitcoin worth over $2 billion has been seized by German authorities following an investigation into a movie piracy site, police announced today.  The investigation, headed by multiple German authorities, focused on two men who allegedly ran “pirated copy portals” under the name Movie2K until mid-2013 and used the profits to buy bitcoin. The 50,000 Bitcoin confiscated earlier this month, is said to be the biggest seizure of its kind to date. According to authorities, the suspects voluntarily handed over the Bitcoin to wallets that are controlled by Germany ’s Federal Criminal Police Office.  In pursuing the case, German authorities received help from the FBI and a Munich-based forensic IT firm . Silk Road seller linked to 8,100 bitcoin seizure pleads guilty Read more: Chinese takeaway worker laundered Bitcoin from $6B scam, prosecutors German police say they are yet to decide what to do with the Bitcoin and that there are currently no charges a...