Columbus, OH

CoinDesk

Since 2019, the cash-to-crypto industry—which is dominated by crypto ATMs—has processed at least $160 million in illicit volumes, according to a new study by blockchain analytics firm TRM Labs.

Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM Labs

Australians lost $259 million in investment scams, 47% of which involved crypto, the police said. The two common methods being used are pig butchering and deepfake technology. Australians lost cryptocurrency worth Australian dollar 180 million ($122 million) to investment scams in just 12 months, the Australian Federal Police (AFP) warned the public in an announcement on Wednesday, adding "urging all to be extra aware of the proliferation and sophistication of scams."

Australians Lost $122M Worth of Crypto to Scams in 12 Months: Police

Good news: August saw a significant decrease in cryptocurrency losses due to hacks and fraud, according to a recent report from Immunefi. Total losses amounted to $15,082,000 across five incidents, marking the lowest monthly total year-to-date and a 94.5% decrease from July. As Decrypt reported at the time, July saw...

Crypto Hackers Stole Half as Much in August as They Did in July, Says Immunefi

Texas State

No further specifics were given, but these schemes typically involve fraudsters tricking employees at a company — often in finance or with access to the executive suite — into initiating a bank transfer of company funds to a bank account controlled by the fraudsters. These schemes can involve the hacking of email accounts used by executives to send fraudulent instructions to staff on their behalf, or even use deepfakes in efforts to trick unsuspecting employees into transferring funds.

Texas firm says it lost $60M in a bank wire transfer scam

Coffee County, GA

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contributor

Daily Coffee Press

Last week, two individuals from Coffee County were charged with trafficking methamphetamine following a search at a residence on Willacoochee Highway. On August 13, detectives with the Coffee County Drug Unit conducted an operation involving Charles Black, which led to a search of his residence on Willacoochee Highway. According to the report, Black left his residence before the warrant was served and was subsequently detained.

Two Charged with Trafficking Methamphetamine After Search in Coffee County

Boston, MA

Fortune

Boston-based Creatio is valued at $1.2 billion.

A 47-year-old Ukrainian female founder raised $200 million so she could finally market her B2B tech startup as a unicorn

Virginia State

Renewable energy seems to be a big deal in the real estate market. More than the fact that such sources of energy are clean and environmentally friendly, people save a lot of money on electricity bills too. However, there is a catch to buying a house that comes with solar panels. Alexis Lohse (@varealestateagent), a real estate agent based in Virginia has shared a highly debated video on TikTok about the dangers of buying a house with solar panels. The video has gained over 173.3k upvotes on the platform, along with 532 comments.

Real estate agent's controversial take on homes with solar panels offers food for thought

Florida State

Jacksonville, FL

Jacksonville Today

Jacksonville Sheriff T.K. Waters said he will consider more DUI patrols if voters legalize recreational marijuana use in Florida. Voters will consider Amendment 3 in November. It would allow adults 21 or older to possess, purchase or use marijuana products and marijuana accessories for non-medical purposes.

More DUI patrols possible if marijuana issue passes

GOBankingRates

When scrolling through our social media accounts, many of us have noticed a stranger drop into our DMs. It happens every day while using the web -- and while a simple message may seem harmless,...

5 Ways Fraudsters Are Trying To Scam You on Social Media

Georgia State

According to officials with the Southern District of Georgia, two recently unsealed federal indictments have charged 23 defendants in a series of broad conspiracies involving the use of drones to smuggle methamphetamine, marijuana, and cell phones into state prisons in Georgia.

23 Defendants Charged in Federal Indictments for Drone-Smuggling Drug Operation in Georgia

Who: A court-appointed receiver for SiliconSage Builders Inc. filed a lawsuit against JPMorgan Chase Bank NA. Why: The lawsuit alleges that Chase Bank employees enabled a Ponzi scheme targeted at retail investors. Where: The Chase Bank Ponzi scheme lawsuit was filed in California federal court. A new Chase Bank lawsuit...

Chase Bank aided Ponzi scheme with real estate developer, lawsuit claims

Crisp County, GA

On Wednesday, the Georgia Bureau of Investigation announced the arrest of 24 individuals following Operation Shyne Down. The GBI and other agencies served a total of 120 warrants on the suspects involved in the investigation, which targeted the criminal street gang G-Shyne Bloods and their involvement in criminal activities in Crisp County, Georgia.

Operation Results in More than 20 Charged with Gang Offenses, RICO, and more

Salem, OH

Northern Kentucky Tribune

Every day, 8-year-old Emma sits in a small garden outside her grandmother’s home in Salem, Ohio, writing letters to her mom and sometimes singing songs her mother used to sing to her.

Thousands of parents die of overdoses; advocates say their kids need more help

Appling County, GA

A 40-year-old man from Appling County, Christopher Eric Stone, with a significant criminal history, was recently sentenced to over five years in prison after pleading guilty to possession of methamphetamine with intent to distribute, according to officials from the Department of Justice.

Georgia Man Sentenced to Over 5 Years for in Federal Prison for Meth Distribution

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 29 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: BTC Regains $60K Following Slide This Week

MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change

PYMNTS

TD Bank’s ongoing issues with its anti-money laundering (AML) controls could usher in a leadership change. That’s according to a Wednesday (Aug. 28) Reuters report, based on interviews with 10 shareholders at Canada’s second-largest bank, as well as two analysts. They said a change in CEO is...

Report: TD Bank’s Money Laundering Troubles Could Lead to CEO Change

Indian cryptocurrency exchange Mudrex won a court order telling the country's Ministry of Communication to take down as many as 38 websites that were exploiting the company's name to carry out scams.

Indian Court Orders Scam Websites Using Crypto Exchange Mudrex's Name to Be Taken Down

Wyoming State

Cheyenne, WY

WyoFile

WHITE MOUNTAIN—“That’s a lot of horses,” lamented Cheyenne resident Robyn Smith from a high-desert ridgeline. It wasn’t her first exasperated exclamation. “Argh, oh crap,” was her immediate reaction to learning a federal judge had given the Bureau of Land Management the OK to proceed with plans to fully remove two wild horse herds from the landscape in southwest Wyoming.

BLM wins two lawsuits, clearing way for elimination of two Wyoming wild horse herds

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

NewsBreak

'Pig Butchering' Scams Remain Dangerous Threat in Crypto Markets, Chainalysis Report Says

Crypto scammers are getting savvier in their efforts to steal digital assets, warns blockchain analytics company Chainalysis in a new report. Scams are driving the majority...

'Pig Butchering' Scams Remain Dangerous Threat in Crypto Markets, Chainalysis Report Says

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