Courtroom gavel symbolizing the sentencing of a former LA deputy for crypto crimes.
Bitcoin News

Ex-LA Deputy Gets 5 Years for Crypto Extortion

March 17, 2026 — A former Los Angeles County Sheriff’s deputy was sentenced to more than five years in federal prison for using his law enforcement authority to help a cryptocurrency founder known as “The Godfather” extort victims. Michael Coberg received a 63-month sentence and was ordered to pay $127,000 in restitution. The U.S. Attorney’s […]

Authorities recover $21 million in seized Bitcoin after a security breach in South Korea.
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Seized Bitcoin Recovery: Authorities Reclaim $21M After Critical Custody Breach

Seoul, South Korea – April 2025: In a stark demonstration of both vulnerability and resilience, South Korean prosecutors have successfully recovered approximately 320 Bitcoin, valued at $21.4 million, after the seized digital assets were stolen from official custody. The recovery, executed through coordinated freezes with cryptocurrency exchanges, exposes profound weaknesses in how law enforcement agencies […]

Bitcoin ransom note in Nancy Guthrie kidnapping case investigated by FBI.
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Bitcoin Ransom: FBI Confirms $6M Cryptocurrency Demand in Nancy Guthrie Kidnapping Case

New York, March 2025: Federal authorities have confirmed the emergence of a multi-million dollar Bitcoin ransom demand in the high-profile kidnapping of Nancy Guthrie, the 84-year-old mother of NBC’s Today show anchor Savannah Guthrie. The FBI, which released surveillance footage and is actively tracking related cryptocurrency wallet activity, states the demands specify payments totaling up […]

Analysis of the 2025 cryptocurrency crime surge showing $158 billion in illicit activity driven by sanctioned nations.
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Cryptocurrency Crime Surges to $158 Billion in 2025: Sanctioned States Drive Alarming Institutionalization

Global, March 2025: The cryptocurrency ecosystem faces a stark reversal in its long-term security trend. A comprehensive new report from blockchain intelligence firm TRM Labs reveals that the total volume of cryptocurrency-related crime surged dramatically in 2025, reaching an estimated $158 billion. This alarming increase follows several consecutive years of decline and marks a pivotal […]

South Korean crypto robbery case shows risks of in-person digital asset transactions
Bitcoin News

Crypto Robbery Shocker: South Korean Man Gets 6-Year Sentence for Violent Digital Asset Heist

SEOUL, South Korea – January 20, 2025 – A South Korean court has delivered a stern warning to cryptocurrency criminals with a significant six-year prison sentence for a violent robbery disguised as a digital asset transaction. This landmark case from the Suwon District Court demonstrates how authorities are responding to increasingly sophisticated cryptocurrency-related crimes that […]