Crypto Crimes Hit New Highs in 2024

Krutika Adani

Crypto Crimes on the Rise

This week saw a significant spike in crypto crimes with two major cases involving multi-million dollar bitcoin schemes.

Russian Investigator Bribed

A Russian investigator received a shocking $73 million bribe from a crime group he was supposed to investigate, highlighting corruption within law enforcement.

$15 Million Ponzi Scheme Uncovered

86-year-old David Kagel was behind a $15 million Ponzi scheme, alongside two accomplices, defrauding victims in a complex crypto operation.

Monitoring Crypto Crimes

With crypto crimes reaching an all-time high, there is a pressing demand for better monitoring and regulation to prevent future schemes.

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