Tag: Launder
North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic
Tornado Cash was hit by U.S. sanctions in August 2022. This spurred Lazarus Group to use another mixer, Sinbad, to obfuscate their ill-gotten gains. H [...]
Tornado Cash Founders Charged With Helping Hackers Launder $1B, Including Infamous North Korean Attacks
The core blockchain-based software, or "smart contracts," that power Tornado Cash also remain possible to use on Ethereum. However, using these smart [...]
U.S. Indicts Four Men in Scheme to Launder Cryptocurrency for North Korea
WASHINGTON — The Justice Department said on Monday that it had indicted four men on charges of laundering virtual currency stolen by an infamous North [...]
U.S. Treasury Warns That DeFi Used by North Korea, Scammers to Launder Dirty Money
The Treasury's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money launde [...]
North Korea Hackers Likely Exploit Cloud Mining to Launder Stolen Crypto, Research Shows
The group is "moderately sophisticated" and supports the strategic and nuclear objectives of the North Korean regime, according to Mandiant. It uses t [...]
North Korean hackers launder $27M ETH from Harmony Bridge attack
North Korean exploiters behind the Harmony Bridge attack continue to launder the funds stolen in June 2022. According to on-chain data revealed on Jan [...]
U.S. Prosecutors Charge 21 Alleged ‘Money Mules’ With Using Crypto To Launder Proceeds of Cybercrimes
Maryland woman Zenobia Walker, 65, pled guilty in January to her role in a a scheme in which she received over $300,000 from victims of romance scams [...]
US Officials Charge California Resident With Using Bitcoin to Launder $5.3M in Drug Proceeds
Federal officials alleged that John Khuu sold fake drugs for cryptocurrency, making over $5 million in the process.
www.coindesk.com [...]
Elliptic Says RenBridge Was Used to Launder $540M Illicit Funds
Research from Elliptic show RenBridge
www.coindesk.com [...]
Former CPA Pleads Guilty to Helping BitClub Architect Launder Funds in $722M Ponzi Scheme
The scheme ran from April 2014 to December 2019, when three of the BitClub leaders were arrested and charged with fraud and the sale of unregistered s [...]
Japanese Crypto Change Accuses Binance of Serving to Launder $9M From 2018 Hack
A Japanese cryptocurrency change that suffered from a $60 million hack in 2018 is suing Binance for “aiding and abetting” the laundering of a few o [...]
How North Korean hackers launder stolen crypto
British multinational safety firm BAE Methods and the Society for Worldwide Interbank Monetary Telecommunication, or SWIFT, have revealed a report [...]
A brand new report from Mexico says banks are used to launder cash greater than crypto
Mexico’s Monetary Intelligence Unit lately printed the outcomes of its second Nationwide Threat Evaluation. The report highlighted that the chance [...]
Twitter Hackers Attempt to Launder Funds Through P2P and Playing Platforms
Blockchain forensics agency Ciphertrace has traced funds obtained by the Twitter hackers within the ‘giveaway’ rip-off to peer-to-peer (P2P) exchan [...]
US Company Says Chinese language Drug Traffickers Used Bitcoin to Launder Proceeds
The U.S. Workplace of Overseas Belongings Management (OFAC), a division of the Treasury Division, sanctioned 4 Chinese language nationals for alleg [...]
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