2024-9-26 14:56 |
On-chain data shows the hacker, or group of hackers, behind the massive theft is now close to completing the laundering of the stolen funds. origin »
Bitcoin price in Telegram @btc_price_every_hour
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The WazirX exploiter has transferred 5,000 ETH to a new wallet and started laundering the funds through the crypto mixer Tornado Cash. According to PeckSheildAlert, the WazirX exploiter moved 5000 ETH (roughly $12 million) to a new address identified by…
2024-9-5 13:03 | |
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Penpie is negotiating with hackers after a $27 million exploit, offering a bounty as laundering begins through Tornado Cash.
2024-9-5 16:00 | |
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The crypto exchange complies with anti-money laundering legislation, he said.
2024-8-30 18:56 | |
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Decentralized lending protocol UwU Lend has unveiled a $5 million bounty to “identify and locate” the exploiter. Developers of UwU Lend are promising to pay up to $5 million “to the first person to identify and locate” a hacker, who…
2024-6-14 12:20 | |
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A British-Chinese woman who helped to launder the ill-gotten funds of a criminal mastermind has been sentenced to six years behind bars
2024-5-25 23:51 | |
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The United States Justice Department has arrested two Chinese nationals behind a $73 million money laundering scheme. According to a May 17 announcement, the accused funneled illicit funds via multiple U.
2024-5-20 12:48 | |
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Could CBDCs’ transparency effectively track and curb the $3 trillion illicit financial flows? Let’s find out. The world faces a staggering challenge: illicit funds and money laundering. In 2023, over $3 trillion illicitly flowed through the global financial system, according…
2024-5-17 13:46 | |
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After six months those responsible for the $25 million Kronos Research exploit have begun transferring the pilfered funds. Blockchain security firm PeckSheild flagged the move on May 7, noting that the hackers were directing the funds towards the mixing platform…
2024-5-7 12:17 | |
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The platform was utilized to launder funds acquired from various criminal activities, including computer hacking, ransomware attacks and drug trafficking.
2024-5-5 12:48 | |
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KuCoin CEO Johnny Lyu said the US criminal charges against the exchange will not affect the platform’s operational stability and assured users that their funds remain safe. Lyu made the statement on social media after the US Department of Justice (DOJ) announced it is levying criminal charges against the exchange for flouting anti-money laundering (AML) […] The post KuCoin assures users funds are safe after US levies criminal charges appeared first on CryptoSlate.
2024-3-26 20:53 | |
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Crypto hacks reportedly accounted for 40% of North Korea’s weapons program. North Korean actors like Lazarus Group prefer laundering through “mixers.” According to South Korea-based The post North Korea: Crypto-hacks fuel 50% of country's foreign funds, claims report appeared first on AMBCrypto.
2024-3-21 18:30 | |
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A recent Bloomberg report revealed that the Islamic State (IS) is allegedly growing its use of cryptocurrencies, including Tether’s USDT stablecoin, to raise and transfer funds globally, with a particular focus on Africa.
2024-3-12 05:00 | |
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The CEO of a Las Vegas Internet company could face a 127-year prison sentence following his conviction for laundering over $4 million with Bitcoin, funds connected to Mexican cartels, and a hacked charity, according to the Department of Justice. Martin…
2024-3-7 12:43 | |
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2023 sees a notable decrease in crypto sent to laundering services, with a pivot to YoMix by Lazarus Group.
2024-2-18 00:34 | |
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John Karony, CEO of the bankrupt crypto firm SafeMoon, has experienced a setback in his legal defense following his attorneys’ decision to withdraw from the case. Karony is currently facing criminal charges for conspiracy to commit wire fraud, money laundering, and securities fraud in the US.
2024-2-14 22:00 | |
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In a significant move to combat sanctions evasion and illicit financial activities, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Ekaterina Zhdanova, a Russian national allegedly involved in laundering and transferring funds using crypto on behalf of Russian elites.
2023-11-4 05:00 | |
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SafeMoon, a once-promising cryptocurrency, has been thrust into a scandal of monumental proportions, as its founder and top executives are facing charges of fraudulent activities and money laundering.
2023-11-2 21:00 | |
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Blockchain forensic firm Elliptic noted that 1inch has become popular among bad actors due to its design as an aggregator. Decentralized exchange (DEX) aggregator 1inch is now the “most used service for laundering funds” from illicit activity in the world…
2023-10-20 14:38 | |
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The U.S. Department of the Treasury's financial crimes arm is proposing to label crypto mixers as a "primary money laundering concern" in its effort to combat illicit crypto finance, highlighting the terrorist groups that have benefited from anonymous crypto funds, including possibly Hamas.
2023-10-20 21:17 | |
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Blockchain intelligence company Elliptic has linked FTX’s $400 million hack to Russian hackers, citing the unsophisticated method of laundering employed by the attacker. Per Elliptic’s report, the attacker was converting the stolen funds to Bitcoin using Renbridge, a service owned by the bankrupt exchange sister company, Alameda Research.
2023-10-13 20:10 | |
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Crypto risk management firm Elliptic reports that illicit funds being laundered through decentralized exchanges, cross-chain bridges and coin swap services is rising faster than predicted, potentially exceeding the previously estimated $10.
2023-10-9 04:55 | |
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Police in hong kong have taken down a $65 million money laundering network that moved funds through bank accounts, cash exchanges and crypto trades. The post Hong Kong Police Take Down $65 Million Triad Money Laundering Operation appeared first on BeInCrypto.
2023-8-27 19:15 | |
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Hogeg raised these funds across the world during 2017-18 under the guise of funding four crypto ventures. Police charged him with fraud, money laundering, tax violations, and sexual offences.
2023-8-24 11:30 | |
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The US government has sanctioned the founder of Tornado Cash for laundering funds stolen by North Korean hackers. The post US Government Sanctions Tornado Cash Founder for Aiding North Korean Hackers appeared first on BeInCrypto.
2023-8-24 20:53 | |
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A couple accused of money laundering in connection to a 2016 hack of the crypto exchange Bitfinex have reached a plea deal, Reuters said on July 21. Senior Judge Colleen Kollar-Kotelly has reportedly ordered prosecutors to file a copy of the plea deal from the accused, Heather Morgan and Ilya Lichtenstein, by July 27.
2023-7-22 04:45 | |
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The US seizes funds from a Bahamian bank associated with laundering crypto funds. And the O.C. actor Ben Mackenzie continued his critique of crypto. The post US Seizes $58 Million From Bahamas Bank in Money Laundering Sting appeared first on BeInCrypto.
2023-7-19 22:57 | |
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Following last week’s charges against George Bachiashvili, the Georgian billionaire’s legal defense team has denounced the allegations of misappropriation of funds and money laundering against him as “absurd.
2023-7-11 20:10 | |
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Georgian news outlet Agenda reported Thursday that George Bachiashvili, the founder of the Georgian Co-Investment Fund, known for running a $6 billion private equity fund contributing about 40% to the nation’s GDP, has been charged with cryptocurrency misappropriation and money laundering.
2023-7-7 19:40 | |
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BKEX, a cryptocurrency exchange, has suspended withdrawals of user funds as it looks into claims that the platform was used for money laundering.
2023-5-30 22:03 | |
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Crypto exchange BKEX suspended withdrawals after funds on its platform were used for money laundering, according to a May 29 statement. BKEX stated that its users’ funds were involved in money laundering, adding that it was cooperating with law enforcement agencies to gather evidence.
2023-5-29 19:56 | |
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The Indian enforcement directorate froze over $11. 1 million on April 24 as part of an ongoing investigation into money laundering using a cryptocurrency called HPZ token. The funds were seized during searches conducted in three banks and payment gateway providers across the country that served entities involved in money laundering.
2023-4-25 14:15 | |
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A bitter dispute between Paxful's co-founders in Delaware courts may have led to the crypto marketplace's sudden closure.
2023-4-7 00:15 | |
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Soleimani explained that the “critical flaw” with Tornado Cash is that users cannot prove that they’re not associated with a criminal enterprise stealing or laundering crypto funds.
2023-3-7 05:19 | |
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"Cleaning" illicit funds used to be a much more complex process. In recent years, crypto money laundering has made it easier. The post Crypto Money Laundering Is on the Rise, Law Enforcement Are Paying Attention appeared first on BeInCrypto.
2023-2-22 02:00 | |
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A phishing attacker is moving funds to an EOA, an account which has been consistently laundering stolen funds.
2023-2-4 15:47 | |
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The exchange had been charged by U.S. and European authorities with laundering $700 million in funds tied to Russian criminals.
2023-2-1 20:19 | |
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2023-1-17 00:45 | |
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Lazarus Group moved funds it hacked from Harmony Bridge to three exchanges
2023-1-16 12:02 | |
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Chinese police have arrested a gang of people accused of laundering $1.7 billion (12 billion in Chinese yuan). Its 63 members laundered their funds using crypto in May 2021. According to a local report, the gang used money from illegal…
2022-12-13 00:26 | |
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The illicit funds were converted into tether and then laundered by people around the world, authorities said.
2022-12-13 19:54 | |
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Among other moves, the President’s office plans to share information with partners about crypto wallets used for laundering extorted funds.
2022-11-2 01:14 | |
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India’s law enforcement agency Directorate of Enforcement (ED) froze over $1,5 million deposited in crypto exchange Binance. The funds were deposited in Bitcoin via a transaction tie to crypto exchange WazirX and the Mobile Gaming App called E-Nuggets.
2022-9-29 20:37 | |
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The Indian crypto exchange was under investigation by local authorities for money laundering allegations which caused a freeze on over $8.1 million in bank account funds.
2022-9-13 12:06 | |
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The European Union (EU) is planning to create a sixth “Anti-Money Laundering Authority” that will be specifically responsible for regulating the cryptocurrency industry. While the Markets in Crypto Assets regulation and the contentious Transfer of Funds Regulation have received the majority of attention from the cryptocurrency industry, they are only a small part of a […]
2022-8-16 01:30 | |
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The Indian Directorate of Enforcement froze $46.4 million in the accounts of Vauld’s Indian branch until the exchange can account for the criminal proceeds it transferred out of the country.
2022-8-13 23:59 | |
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Singapore-based Crypto Lender Vauld is facing money laundering charges in India after $46.5 million (3.70 billion Indian rupees) was frozen from its local entity, Flipvolt Technology. The post India’s ED freezes $46 million of Vauld’s funds on money-laundering charges appeared first on CryptoSlate.
2022-8-12 21:46 | |
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United States Secretary of State Anthony Blinken warned that the administration would continue to “aggressively pursue” crypto mixers suspected of laundering illicit funds. The post US vows to ‘aggressively pursue’ crypto mixers following Tornado Cash sanctions appeared first on CryptoSlate.
2022-8-9 17:00 | |
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“Tornado Cash has repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors,” a statement from the Treasury said. Treasury Sanctions Tornado Cash...
2022-8-8 17:18 | |
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The U.S. Treasury Department barred all U.S. persons from using Tornado Cash, alleging its use in laundering stolen crypto funds by North Korean hackers poses a national security threat.
2022-8-8 17:13 | |
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Chinese national Zhimin Qian has been convicted of illegally acquiring and possessing 61,000 BTC after five years of allegedly ‘evading justice.’ The woman has been known as the goddess of wealth in China due to her crypto-related schemes. According to…
Life of extreme wealth and privilege was not enough for Duplessie.
When a suspicious transaction flashed across their screens, Greek investigators knew they had a shot at history. Months after North Korea’s Lazarus Group looted Bybit for $1.5 billion, a digital breadcrumb led to Greece’s first-ever crypto seizure, proving even the…
Now armed with blockchain forensics instead of briefcases of cash, the U.S. Secret Service is quietly becoming one of the most sophisticated crypto crime-fighting units in the world. According to Bloomberg, its Global Investigative Operations Center has seized nearly $400…
The U.S. Secret Service teamed up with Canadian authorities in a cross-border crackdown on a sophisticated crypto scam that drained $4.3 million from victims’ Ethereum wallets. The operation, dubbed “Operation Avalanche,” involved regulators, law enforcement, and crypto platforms working to…
Key takeaways Bybit suffered the biggest theft of all time in the crypto space after losing $1. 5 billion to hackers on Friday. The Bitcoin Pepe presale is now approaching $3 million as more investors pile in.
A volunteer moderator of a cryptocurrency forum has gone into hiding with his family after surviving an alleged kidnapping attempt, according to a report by Quebec’s La Presse. The suspects reportedly targeted the man, believing he held millions in Bitcoin…