Tag: Crypto

Regulatory Watch News

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  Cyber criminals who hacked into Transport for London’s computer network are convicted

  National Crime Agency

  June 23, 2026

  Two young men have admitted mounting a cyber attack on Transport for London (TfL), which cost tens of millions of pounds in losses and inconvenienced thousands of customers. The National Crime Agency and City of London Police investigated Thalha Jubair, 20, from East London, and Owen Flowers, 18, from Walsall, West Midlands, after TfL’s network was infiltrated between 31 August and 3 September 2024. Jubair and Flowers, who were arrested at their home addresses on 16 September last year by the NCA and COLP, were both members of the online criminal collective known as Scattered Spider. The pair compromised TfL’s network, forcing all 28,000 employees to attend a TfL office for a password reset. The organisation suffered a reported £29 million in loss and recovery costs.

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  Europol and INTERPOL strengthen partnership against global criminal threats

  Europol

  June 23, 2026

  Europol and INTERPOL have renewed their joint commitment to combatting transnational organised crime, agreeing on a new set of Joint Key Operational Priorities (JKOP) that will guide cooperation between the two organisations in the year ahead.

  The renewed framework strengthens coordination across a range of crime areas, including organised crime, cybercrime, economic and financial crime, and counter-terrorism. Developed jointly by operational experts from both organisations, the priorities are designed to support a more proactive and coordinated response to criminal networks operating across borders.

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  Six NSW men charged following $39 million cocaine seizure and alleged drug lab discovery

  Australia Federal Police

  June 23, 2026

  Six NSW men have been charged following an AFP investigation into the alleged importation of 120kg of cocaine concealed inside vehicle transmissions shipped from the United States, which led to the discovery of a commercial-scale clandestine drug laboratory in regional NSW. An investigation began in December 2025, after Australian Border Force (ABF) officers intercepted a consignment containing four vehicle transmissions shipped from California in the United States. During examination, ABF officers partially dismantled the heavy machinery components and allegedly located 120kg of cocaine hidden inside the transmissions, equating to 600,000 individual street deals* with an estimated street value of $39 million.