police

According to "On-Chain Detective" ZachXBT's post on his personal channel, Polish social engineering attacker Wojtek Kulisz (online name "Merry") was recently suspected of being raided by Polish law enforcement, along with three others being taken away.Although the official press release did not disclose his name or photo, several designer clothing and jewelry items displayed on his public Instagram account "wojtekk" are highly consistent with the items seized during the police operation. The related case is led by the Polish Central Cyber Crime Fighting Department (CBZC) and has received assistance from agencies such as the FBI and HSI.

According to the Korea Economic Daily, at least seven companies, including Dunamu, the operator of the South Korean cryptocurrency exchange Upbit, have submitted proposals to bid to become the first private custodian of virtual assets seized by the Korean National Police Agency. Other bidders include major custodians Korea Digital Asset (KODA), Korea Digital Asset Custody (KDAC), BDACS, Hecto Wallet One, Infinite Block, and DSRV.An official from a virtual asset custody institution explained that the selection results may be finalized next month. The official pointed out that in a previous pilot project conducted for the National Tax Service, the winning bidder was determined within one to two weeks after the proposal presentation concluded.

According to the Chosun Ilbo, 22 Bitcoins that were previously held by the Gangnam Police Station in Seoul during the investigation of a financial hacking case have been lost, amounting to approximately 2.2 billion won at the latest market value. The investigation revealed that the Bitcoins involved were stored in an offline wallet held by the complainant, and individuals who knew the mnemonic phrase subsequently restored and liquidated them externally.

According to HK01, the Hong Kong police have cracked a cross-border money laundering case. The involved group used 43 Hong Kong bank accounts to process funds from 34 fraud cases between June and September 2024, amounting to approximately HKD 18 million, and is suspected of laundering up to HKD 230 million in criminal proceeds through cryptocurrency transactions via bank accounts.The police investigation found that a 34-year-old woman from mainland China is suspected of coming to Hong Kong to set up multiple puppet bank accounts, assisting the criminal group in laundering approximately HKD 9.29 million in criminal proceeds, and purchasing cryptocurrency through virtual asset exchange shops to disguise the source and flow of funds. The woman was sentenced to 47.5 months in prison.The Hong Kong police remind that assisting a criminal group in handling funds could face up to 10 years in prison, and those involved in money laundering could face fines of up to HKD 5 million and imprisonment for up to 14 years.

According to reports from Nanchong Rongmei, the Public Security Bureau of Nanchong City in Sichuan Province announced that the police recently investigated a case involving the use of AI large models to fabricate and disseminate false information about the securities market.It is reported that the person involved, Wang, sought to gain internet traffic revenue by using AI to generate an article of about 3,000 words related to the stock market and published it on online platforms. After verification by the China Securities Regulatory Commission, the article fabricated false policy information regarding the collection of stamp duty, T+0 trading, and made misleading predictions about the securities market, disrupting the order of the financial market. Currently, the related false articles have been removed, and the police in Nanchong County have legally imposed administrative penalties on Wang.

The Hong Kong Police Force's Financial Intelligence and Investigation Bureau, in conjunction with the Hong Kong Monetary Authority and the Hong Kong Association of Banks, jointly held an "Anti-Money Laundering Exhibition." Hong Kong Police Commissioner Raymond Siu disclosed data stating that in the first quarter of this year, Hong Kong recorded over 9,400 fraud cases, a decrease of about 60 cases compared to the same period last year, but the amount of losses exceeded HKD 1.85 billion, an increase of nearly HKD 300 million compared to the same period last year. In the first quarter of this year, about 2,000 people were arrested for fraud and money laundering-related cases, with approximately 70% being "puppet account" holders.The Hong Kong police remind that under the law, a conviction for money laundering can result in a maximum fine of HKD 5 million and imprisonment for 14 years, and the court may apply for an increased sentence depending on the circumstances.

According to a report by Kyodo News, the Osaka Prefectural Police arrested three men on suspicion of violating the Organized Crime Punishment Law for laundering criminal proceeds on behalf of an investment fraud gang. It is said that these three individuals exchanged approximately 14 million yen from 10 victims across six prefectures into stablecoins and other cryptocurrency assets to conceal the source of the funds.According to the Osaka Prefectural Police, these three individuals belong to "over-the-counter traders" who conduct personal cryptocurrency transactions without using trading platforms and are believed to have participated in money laundering activities amounting to billions of yen.

"On-chain detective" ZachXBT published a case analysis stating that in a cryptocurrency asset case involving an Indian scam gang, the relevant individuals reported the case to law enforcement after their assets were frozen, drawing attention. The incident began when a user sought help, claiming that approximately 5.73 BTC (about $475,000) was frozen on Changelly in March 2025.Subsequent on-chain analysis revealed that these funds could be traced back to multiple social engineering attacks and theft cases related to Bitcoin ATMs targeting U.S. users, with a total amount involved exceeding $1 million and several elderly victims. The investigation showed that the individual provided multiple changing explanations for the source of the funds, including "loan," "boss transfer," and "investment from 2014-2015," and there were significant contradictions in the evidence chain.More concerning is that this user had previously filed a police report in India in December 2025, attempting to recover the frozen funds (case number 3207-P/2025). Subsequent on-chain evidence collection and email data analysis indicated that they might be a "mule" for transferring funds, with some bank documents inconsistent with their identity information. ZachXBT noted that such cases demonstrate that social engineering attacks and cross-border fund transfers continue to occur and remind users to avoid interacting with funds from suspicious sources to prevent triggering compliance freezes or legal risks.

According to The Block, the Criminal Investigation Department of the Seoul Police Agency in South Korea has arrested 23 suspects accused of laundering money for a Cambodian criminal organization, with the amount involved approximately 16.8 billion won (about 11.1 million USD). The gang transferred about 11.1 million USD in illegal funds by purchasing USDT and trading on domestic and international cryptocurrency exchanges from February 2024 to April 2025, using approximately 11,300 accounts for money laundering, involving about 265 cases of phishing and investment fraud, with the amount of illicit funds involved around 17 million USD. The Seoul police have seized approximately 650 million won (about 430,000 USD) in criminal proceeds from the suspects, but the gang leader is still at large and has been issued a red notice by Interpol.The police also arrested 33 individuals on the same charges for illegally providing currency exchange services to tourists and acquaintances through USDT.

According to the Korea Herald, the Seoul Metropolitan Police Agency's Wide Area Crime Investigation Team has dismantled two organizations involved in money laundering using virtual assets, with a total amount involved exceeding 14 billion Korean won. One organization consists of nine individuals, including a Chinese suspect A (45 years old), who were instructed by a Cambodian telecom fraud group. From February 2024 to April 2025, they purchased USDT through overseas exchanges and transferred it between domestic and foreign exchanges, laundering approximately 14 billion Korean won in total. The organization charged a fee of 650 million Korean won, and the main suspects have been transferred to the prosecution, with two individuals arrested, and the leader Y (29 years old) has been issued a red notice by Interpol.The other organization, consisting of 14 individuals, directly participated in laundering the proceeds from the Cambodian romance scam, with an amount involved of approximately 2.8 billion Korean won. In addition, another 33 individuals have been transferred to the prosecution for allegedly providing unlicensed virtual currency exchange services to foreign tourists (involving 6.3 billion Korean won).

According to Xinhua Daily, the police in Ya'an, Sichuan have cracked a cross-border online pornography crime case. The involved pornographic comic website "Shameful Color Comics" profited by inducing teenagers to frequently make small payments, with the website receiving over 100 million visits and a financial flow exceeding 12 million yuan (approximately 1.66 million USD). The police found that individuals within the country received the illicit funds through multiple companies and personal accounts, and that Li Mouwu and others transferred the money abroad using virtual currency.Recently, the People's Court of Ming Mountain District in Ya'an City sentenced five defendants for the crimes of profiting from the distribution of obscene materials and assisting in information network crime activities. Judicial authorities are still investigating the foreign financial backers behind the website.

The South Korean police have listed Bithumb CEO Lee Jae-won as a suspect in a bribery case related to the employment of Kim Byung-kee's son, a member of the National Assembly of South Korea, at Bithumb. The Seoul Metropolitan Police Agency's Public Crime Investigation Unit is investigating Lee Jae-won and Bithumb, with the allegations involving Bithumb hiring Kim Byung-kee's son.The police reportedly obtained a statement from Kim's former assistant, stating that Kim requested Lee Jae-won to hire his second son in November 2024. Kim's son subsequently joined Bithumb two months later and worked at the trading platform for six months. Kim also requested Bithumb to hire one of his assistants, who then joined Bithumb in September last year and has been working there since.The South Korean police believe that Kim, as a member of the National Assembly's Financial Affairs Committee, engaged in legislative activities against Bithumb's competitor Upbit and raised concerns about Upbit's market monopoly. This development comes after months of investigation into the relationship between Kim and Bithumb, which included two searches and seizures.

According to The Block, the Public Crime Investigation Division of the Seoul Metropolitan Police Agency in South Korea has identified Bithumb CEO Lee Jae-won as a suspect in a bribery case, which is related to independent lawmaker Kim Byung-kee.Police received testimony from a former assistant stating that Kim requested Lee to arrange for his second son to work at Bithumb in November 2024, and his son started working there two months later, remaining for about six months; Kim had also previously asked Bithumb to hire one of his assistants, who has been employed by the company since September 2025. The police are investigating whether the aforementioned employment is linked to Kim's legislative actions against Upbit's operator Dunamu during his time on the National Assembly's Financial Committee, including allegations of Upbit monopolizing the market.

According to Thaiger, Thai police arrested 8 suspects in Bangkok. The gang is suspected of robbing a 35-year-old Chinese man of 196,000 Thai Baht during an offline cryptocurrency exchange.It is reported that the victim went to a gas station café in the Bang Khen district of Bangkok to complete the exchange of Thai Baht for cryptocurrency as agreed online. After receiving the cash, the suspects fled on motorcycles. A total of 9 people were involved in the case, using 6 motorcycles to escape, and 1 suspect is still at large. Police seized vehicles, clothing items related to the case, and 81,000 Thai Baht in cash. The 8 arrested individuals have been charged with robbery, aiding in escape, and conspiracy to commit a crime, and the case has been transferred to the local police station for further investigation.

According to the Bangkok Post, Thai police raided a scam base in the Saraphi district of Chiang Mai province, arresting 10 Chinese citizens and seizing 67 mobile phones, 7 iPads, and 13 laptops.

Humility Protocol released a security incident update on the X platform, indicating that yesterday the H token suffered a coordinated attack on the Ethereum and BSC chains, with over $36 million in assets confirmed to have been stolen and sold off.Preliminary investigations show that the incident originated from an employee's computer being compromised, leading to the leakage of the multi-signature wallet keys controlling the Hyperlane Bridge ProxyAdmin. Among them, the attacker obtained 3 out of 6 private keys from Gnosis Safe holders on the Ethereum chain, transferred ownership of ProxyAdmin to their controlled wallet, and upgraded the bridging contract to a malicious implementation, subsequently transferring approximately 141.2 million H tokens in a single transaction.Meanwhile, the attacker also controlled 3 out of 5 private keys from Safe wallet holders on the BSC chain, taking over ProxyAdmin in the same manner and deploying a malicious contract with unlimited minting capabilities, minting 200 million H tokens to their wallet in two transactions.Humility stated that it has suspended all deposit and withdrawal operations for the affected bridging services and is collaborating with exchanges and other relevant partners to mitigate losses, while also cooperating with law enforcement to investigate and attempt to recover some of the stolen funds.

According to Cointelegraph, South Korean police recently raided the cryptocurrency exchange Bithumb to investigate independent lawmaker Kim Byung-gi for allegedly using his influence to secure a job for his son. It is reported that Kim's son joined Bithumb in January 2025 and worked for about six months. The police are investigating whether there was any external pressure or special treatment during his hiring process.Additionally, the case also involves Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit, with the investigation scope expanding from simple recruitment issues to potential power rent-seeking and interest transfer. Investigators pointed out that while serving as a member of the South Korean National Assembly's Administrative Committee, Kim Byung-gi had repeatedly questioned Dunamu during meetings, raising suspicions about whether he was trying to benefit the company where his son worked.It is understood that the police had previously questioned executives from multiple cryptocurrency companies and had conducted searches at Bithumb's headquarters and Bithumb Financial Tower to gather evidence. Kim Byung-gi himself is under investigation for 13 charges, including employment arrangements, bribery for nominations, and requests related to university transfers, and he stated that he believes he will ultimately be able to prove his innocence.It is worth noting that Bithumb has recently faced ongoing regulatory pressure. In March of this year, South Korea's financial regulatory agency imposed a fine of approximately $24.5 million on Bithumb for KYC and anti-money laundering (AML) violations and issued a six-month partial business suspension order. However, a South Korean court temporarily suspended the enforcement of the penalty at the end of April, and the relevant legal procedures are still ongoing.

The World Cup will kick off on June 11, and the Hong Kong police have launched operations "Gobi" and "Wind Shield" to combat illegal betting on sports through publicity, education, intelligence, and law enforcement. The police pointed out that in recent years, illegal gambling has shown a trend of digitalization, including online betting, social media attracting gamblers, and using virtual currency for bets. The police stated that they still have the capability to trace participants.According to the law, betting with illegal bookmakers can result in a maximum sentence of 9 months and a fine of 50,000 HKD, accepting bets can lead to a maximum sentence of 7 years and a fine of 5 million HKD, and money laundering can result in a maximum sentence of 14 years and a fine of 5 million HKD. The police also shared a case of a young person who was once addicted to illegal gambling, who owed a maximum of 160,000 HKD at his peak. A police clinical psychologist warned that those who start gambling before the age of 18 have a risk of developing gambling disorders of over 80%.

According to the Times of India, the Gujarat police have arrested two suspects involved in cryptocurrency-related cybercrime, with the network allegedly trading over 226 million rupees. Investigators claim that the network is linked to terrorist financing, global drug trafficking, and dark web financial activities.Officials stated that this arrest is part of an ongoing investigation into the use of cryptocurrency channels for terrorist financing. Previously, 10 suspects had already been arrested during the investigation. The two latest suspects are accused of using the KYC information of a man named Sabbir Ali Sarani to create a Binance wallet and receiving 5,000 USDT through layered transactions.

According to CriptoNoticias, the Southern Metropolitan Prosecutor's Office in Chile, along with the police, dismantled a money laundering network involving approximately 90 million USD, with about 20 people arrested.The network is suspected of converting illegal funds into cryptocurrency through exchanges and transferring them abroad, with one Banco Santander account manager arrested. Prosecutor Héctor Barros stated that this is one of the largest money laundering cases in Chile in recent years, and the related illegal activities were not conducted through the bank's corporate infrastructure, with the bank cooperating in the investigation.