Several recent events have spotlighted the increasing intersection of the
crypto market and
law enforcement. In a notable scenario, a Utah officer established a charitable coin to honor a fellow officer. Elsewhere, various
scams centered on cryptocurrencies have been thwarted by the police, including a $40k Bitcoin ATM scam by a Chase Bank impersonator.However, several officers have found themselves on the other side of justice; one was arrested for stealing over $200k in Bitcoin during a scam investigation, while another was accused of pilfering 81 Bitcoin from a drug dealer’s wallet. In other news, further investigation continues into the allegations that officers were involved in the high-profile
$300M Korvio Coin 'crypto' scam in India. Meanwhile, amid the controversial debate around
challenge coins, some officers have faced suspension and disciplinary action over discriminatory designs, raising questions about the ethical implications of these tokens within the police force.
Copium Token, a meme coin, has made headlines as it plans to go deflationary by burning $300 million of its coins. Finally,
legislation and
regulation updates reveal that the UK Crime Bill now permits police to freeze crypto assets more quickly, with the SEC requesting an extra $158M to better regulate the
crypto Wild West.
COP Coin News Analytics from Tue, 21 Jul 2015 07:00:00 GMT to Mon, 01 Jul 2024 07:00:00 GMT -
Rating 0
- Innovation -5
- Information 5
- Rumor -4
