financial crimes News

Cryptocurrency Crime Declines But ‘DeFi’ Fraud Soars: CipherTrace

Losses from cryptocurrency theft, hacks and fraud fell sharply in the first four months of the year, but crime in the booming “decentralized finance” space hit an all-time high, a report from crypto intelligence company CipherTrace showed on Thursday. DeFi …

New York’s AG Forms New Bureau to Fight Complex Financial Crimes

New York Attorney General Eric Schneiderman expanded an existing criminal bureau to include a focus on financial wrongdoing two years after Governor Andrew Cuomo created a regulator with a similar mandate. Gary Fishman, 44, a former state prosecutor in the …