News linked to both this project and an event.
According to Yonhap News Agency, the Gwangju Police Agency's Cyber Crime Investigation Team has arrested and referred three suspects, led by A (in their 60s), suspected of establishing offices in Seoul, Gwangju (Jeollanam-do), Gunsan (Jeollabuk-do), and other locations since November 2024, and using false promises such as "principal guarantee" and "potential returns of billions of Korean won" to lure over 100 elderly individuals aged 70 to 80 into investing in virtual assets, defrauding them of a total of approximately 500 million Korean won. The police stated that there are expected to be victims yet to be revealed, are currently continuing to expand the investigation, and reminded the public to remain vigilant against investment offers promising principal protection and high returns.
the Federal Investigation Agency (FIA) of Pakistan has established a cryptocurrency investigation unit within its newly inaugurated National Command and Control Center (NC3) to probe money laundering and terrorist financing activities conducted through virtual currencies.Dr. Muhammad Athar Waheed, head of the FIA's Counter-Terrorism Department, stated that the new unit will investigate the criminal use of cryptocurrencies. The newly formed Pakistan Virtual Asset Regulatory Authority (PVARA) will be responsible for overseeing digital assets. Dr. Waheed also urged the National Cyber Crimes Investigation Agency and the Anti-Narcotics Force to establish similar departments to address the use of cryptocurrencies in cybercrime and drug trafficking.The NC3 integrates the FIA's financial crime tools onto a single platform, including anti-money laundering and virtual currency investigation units, an Interpol coordination point, open-source intelligence, cyber patrolling, and dark web investigation departments. Pakistan previously lifted its eight-year ban on cryptocurrency banking, created the PVARA, and is advancing the licensing of cryptocurrency exchanges. (Decrypt)
Officials from the Bank of England, the Financial Conduct Authority, and the Treasury are consulting with the National Cyber Security Centre to examine potential vulnerabilities in critical IT systems revealed by Anthropic’s latest model.
According to CoinDesk, the U.S. Department of the Treasury announced it will extend its cybersecurity threat information-sharing service—which was previously available only to traditional financial institutions—to cryptocurrency firms. Eligible crypto companies may apply to join the program through the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection and receive timely, actionable cybersecurity threat intelligence at no cost. Luke Pettit, Assistant Secretary for Financial Institutions at the Treasury Department, stated that this move aims to foster a safer and more responsible digital asset ecosystem. The policy responds to related recommendations outlined in a prior report issued by the President’s Working Group on Digital Asset Markets.