Crimes

A Guide for School Leaders: Understanding Organized Cybercrime

As technology continues to advance, so do the threats posed by cybercrime. Schools are not immune to these threats, and school leaders must be aware of the risks and take steps to protect their institutions. Organized cybercrime is a particularly dangerous threat, and understanding it is crucial for school leaders.What is Organized Cybercrime?Organized cybercrime refers to criminal activities that are carried out by groups of individuals who work together to achieve a common goal. These groups are often highly skilled and use sophisticated techniques to carry out their crimes. They

Interior Minister Reports Arrest of Terraform Labs Co-Founder Do Kwon in Montenegro

On August 18, 2021, the Interior Minister of Montenegro announced the arrest of Do Kwon, the co-founder of Terraform Labs, a blockchain technology company. Kwon was apprehended on charges of money laundering and organized crime, according to the statement released by the ministry.Terraform Labs is a blockchain technology company that operates the Cosmos Network, which is a decentralized network of independent blockchains. The company's mission is to create an open and transparent financial system that is accessible to everyone. Kwon, who is a South Korean national, co-founded the company in

Russian Lawmakers Pass Initial Reading of Draft Laws for Regulating and Issuing Central Bank Digital Currency

In a move that could revolutionize the way Russia handles its currency, Russian lawmakers have passed the initial reading of two draft laws that would regulate and issue a central bank digital currency (CBDC). This move marks a major step forward for the country in terms of modernizing its financial infrastructure and bringing it into the digital age.The two draft laws, which were passed by the State Duma on April 15th, 2021, are aimed at regulating the issuance and use of CBDCs. The first law outlines the legal framework for

Natwest Bank Introduces Limits on Cryptocurrency Payments to Combat UK Crypto Fraud

In an effort to combat the growing problem of cryptocurrency fraud in the UK, Natwest Bank has recently announced new limits on cryptocurrency payments. The new limits will restrict the amount of money customers can send and receive through cryptocurrency payments, as well as the number of payments that can be made in a single day. This move is part of a larger effort to protect customers from fraud and other malicious activities associated with cryptocurrency payments. Cryptocurrency fraud has become increasingly common in the UK, with criminals using it

FBI Reports Record-Breaking $10.3 Billion in Online Scam Losses by Americans in 2022

The FBI recently reported that Americans lost a record-breaking $10.3 billion in online scams in 2022. This is a staggering amount of money and a huge increase from the $3.5 billion reported in 2021. This alarming trend is indicative of the growing sophistication of online scammers and the need for increased vigilance when using the internet.The FBI has identified a variety of scams that are responsible for the majority of these losses. The most common type of scam is phishing, which involves sending fraudulent emails or messages that appear to

Sparta Police Seize Over $125K Worth of Marijuana and Mushrooms in Drug Bust

In a major drug bust, the Sparta Police Department seized over $125,000 worth of marijuana and mushrooms. This bust is the latest in a series of drug busts that have been conducted by the Sparta Police Department in recent months. The bust occurred on Tuesday, April 7th, when officers from the Sparta Police Department executed a search warrant at a residence in the city. During the search, officers discovered over $125,000 worth of marijuana and mushrooms. The drugs were found in various locations throughout the residence. The Sparta Police Department

Silicon Valley Bank Shut Down by US Regulators

The recent news of Silicon Valley Bank (SVB) being shut down by US regulators has been a shock to many. SVB is a major player in the technology industry, providing financial services to tech startups and venture capitalists. The bank was shut down due to its failure to comply with anti-money laundering regulations.The US Financial Crimes Enforcement Network (FinCEN) issued a cease-and-desist order against SVB on June 29th, 2020. The order alleged that the bank had failed to properly monitor and report suspicious activities, including transactions related to high-risk customers.

PSVR 2 to Receive Open World Cyberpunk Adventure ‘LOW-FI’ in 2021

In 2021, PlayStation VR (PSVR) gamers will be able to explore the open world of a cyberpunk adventure with LOW-FI. Developed by IrisVR, LOW-FI is an immersive experience that will take players to a futuristic world of crime and corruption. LOW-FI is set in the year 2084, where a powerful artificial intelligence known as The System has taken control of the city. Players will take on the role of a police officer tasked with investigating crimes and uncovering the truth behind The System. As they explore the city, they will

Securing Warehouses & Distribution Centres: Tips & Checklist

Warehouses and distribution centres are essential components of the supply chain, and it is important to ensure that they are secure. This is especially true in the wake of the COVID-19 pandemic, as many warehouses and distribution centres have seen an increase in security threats. To help protect these facilities, here are some tips and a checklist to help secure warehouses and distribution centres.1. Install Security Cameras: Security cameras are an essential part of any warehouse or distribution centre security system. They can help deter theft and vandalism, as well

Impact of Silvergate Bank’s Withdrawal Restrictions on Crypto-Asset USD Market Liquidity

The recent news of Silvergate Bank’s withdrawal restrictions on crypto-asset USD markets has caused a stir in the crypto-asset industry. Silvergate Bank is one of the few banks that provides banking services to crypto-asset companies, and its withdrawal restrictions could have a significant impact on the liquidity of the crypto-asset USD market.Silvergate Bank recently announced that it will be imposing withdrawal restrictions on its customers who are involved in crypto-asset trading. The bank stated that it will be limiting the amount of money that can be withdrawn from its accounts