Crypto Crimes reported today 2025
On June 16, 2025, several significant cryptocurrency-related crimes were reported, highlighting the ongoing challenges in the digital asset space.thehackernews.com+2marylandmatters.org+2explorejeffersonpa.com+2
š° Major Cryptocurrency Crimes Reported on June 16, 2025
1. $72,000 Crypto Scam in Pennsylvania
State Police in Pennsylvania are investigating a cryptocurrency scam that defrauded an individual of over $72,000. The case also involves reports of child abuse and criminal mischief, indicating a complex criminal scenario. explorejeffersonpa.com
2. Seizure of $7.74 Million in Crypto Linked to North Korean IT Scheme
The U.S. Department of Justice filed a civil forfeiture complaint targeting over $7.74 million in cryptocurrency and digital assets. These assets are allegedly linked to a global IT worker scheme orchestrated by North Korea, exploiting AI, fake IDs, and loopholes in Bring Your Own Device (BYOD) policies. thehackernews.com
3. $290 Million Dark Web Drug Marketplace Shut Down
Authorities from six countries dismantled Archetyp Market, one of Europe's longest-operating dark web drug marketplaces. The platform facilitated extensive illegal drug trades and amassed over 600,000 users, with transactions totaling around $290 million in cryptocurrency. medium.com+3chainalysis.com+3timesofindia.indiatimes.com+3timesofindia.indiatimes.com
š Crypto Crime Trends
In 2024, cryptocurrency-related crimes resulted in over $8.3 billion in losses, with phishing scams and hacks accounting for a significant portion of these incidents. The rise in such activities underscores the need for enhanced security measures and regulatory oversight in the crypto industry. medium.com+1medium.com+1
š”ļø Protecting Yourself from Crypto Crimes
To safeguard against cryptocurrency-related crimes:
Use Reputable Platforms: Engage with well-known and regulated cryptocurrency exchanges and wallets.
Enable Two-Factor Authentication (2FA): Add an extra layer of security to your accounts.
Be Cautious of Unsolicited Offers: Avoid falling for unsolicited investment opportunities or offers that seem too good to be true.
Educate Yourself: Stay informed about common scams and fraudulent activities in the crypto space.